$AAPL — Fed Signals, AI Capex and a Tech Repricing: Markets Grapple with 'Higher for Longer' and a Shifting AI Supply Chain

$AAPL $MSFT $ORCL — Powell’s warning that AI data‑center buildout could be inflationary pushed 'higher for longer' back into focus, while a supply‑chain pivot in photonics and mixed tech earnings — including Microsoft and Oracle moves — reshaped sector positioning. Traders and investors are parsing yields, customer‑concentration risk and capex signals for clues on the next regime.