Welcome to Markets Desk, here's what's moving this Monday.
AMD continues its transformation into an AI infrastructure company, with data center revenue now accounting for fifty-eight percent of total sales, up from roughly forty-two percent just a year ago. Analysts are projecting that figure crosses seventy percent by twenty twenty seven, even before the Helios platform fully ramps — a structural shift that's hard to argue with.
Turning to rates, August jobs data came in stronger than expected, nudging the odds of a September Fed rate hike meaningfully higher. That's reshaping positioning across asset classes — small caps through IWM, financials through XLF, and long duration Treasuries through TLT are all in play as traders reprice the policy path heading into the September decision.
Meanwhile in India, equity markets are bracing for a cautious open as investors juggle two distinct pressures — persistent regional geopolitical tensions and the same shifting U.S. rate expectations rattling global markets broadly. Emerging market sentiment tends to be the first casualty when dollar strength and rate uncertainty collide, and today is no exception.
That's the tape. Markets Desk, signing off the floor.
