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Nasdaq Slips As Investors Rotate Out Of Tech

Episode 370 Published 4 months, 1 week ago
Description

MRKT Matrix - Tuesday, November 11th

  • Dow closes at record high, but Nasdaq slips as investors rotate out of technology stocks (CNBC)
  • Hassett: Some economic surveys weren’t completed during shutdown, so we won’t know what happened (CNBC)
  • Hassett Says Lost October Data Means ‘Cloudy’ Economic Outlook (Bloomberg)
  • Job Seekers Stare Down a Gloomy Holiday Hiring Season (WSJ)
  • ‘Ghost job’ postings are adding another layer of uncertainty to the stalling jobs picture (CNBC)
  • AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand (CNBC)
  • Three AI Megadeals Are Breaking New Ground on Wall Street (WSJ)
  • SoftBank Sells Nvidia Stake for $5.8 Billion to Fund AI Bets ⁠(Bloomberg)⁠
  • ‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings (CNBC)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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