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S&P, Nasdaq Slip as Meta Hires Ex-AWS Exec

7/18/2026

35 3 Full Breakdown

Summary

Story summary

S&P 500 is set to lose >1% and Nasdaq to fall >2% after a week of hyperscale tech weakness.
Dave Brown left AWS and is in talks to join Meta, which plans to sell power and negotiate an Anthropic lease up to $10 billion.
Alphabet raised $84.75 billion in a June equity offering while Cramer noted GE Aerospace up nearly 3%, Honeywell Aerospace up 2% and suggested FedEx and FedEx Freight.

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Story summary

S&P 500 is set to lose >1% and Nasdaq to fall >2% after a week of hyperscale tech weakness.
Dave Brown left AWS and is in talks to join Meta, which plans to sell power and negotiate an Anthropic lease up to $10 billion.
Alphabet raised $84.75 billion in a June equity offering while Cramer noted GE Aerospace up nearly 3%, Honeywell Aerospace up 2% and suggested FedEx and FedEx Freight.