// COMPARE

Meta slipped 1.2% to $609.63 as broader tech rotation favored hardware/semis over software/advertising names. Still 23% off its high.

Meta's $3.3B EU fine and ongoing Reality Labs losses are headwinds. The market is rewarding AI infrastructure plays over AI application plays this cycle.

$600 is the psychological floor. Trump's landmark social media regulation could create additional regulatory overhang if it advances.

Dollar-yen crept higher to 157.03 despite broad dollar weakness — yen underperformed as risk appetite sent capital out of safe havens.

BoJ's July rate hike expectations are fading after soft Tokyo CPI. The carry trade is back on, capping yen strength even as DXY weakens.

Japan GDP Wednesday 02:50 TRT. Contraction would kill remaining BoJ hike bets and open 158+ quickly.