// COMPARE

Amazon gained 0.79% to $274.00 with Snowflake's AWS partnership and AI-demand story providing a lift. AWS leverage to enterprise AI capex still the cleanest read.

AMZN is benefiting from the Snowflake-AWS narrative just as much as Snowflake — every AI workload migration is AWS revenue. The Schiff bubble warning is the only macro overhang.

Any AWS Q1 enterprise customer color; Prime Day positioning. $278 resistance; support $270. Retail margins remain the underrated swing factor next earnings.

Gold rebounded to $4,523 (+1.71%) as US strikes on Iran reignited the safe-haven bid after two sessions of ceasefire-driven selling. Silver led the precious metals complex higher with a +1.90% move.

The Iran story is a two-sided coin flip and gold remains the cleanest hedge for both inflation tail-risk (if oil spikes) and stagflation (if growth slows). Fed cut bets keep real yields contained.

Friday PCE inflation print is the binary catalyst — hot reading hits gold via real yields, cool print extends the rally. Support $4,450; resistance $4,580 then prior high $4,650.