S&P Drops for Fourth Straight Day as Investors Rotate Out of Big Tech
MRKT Matrix - Tuesday, November 18th
- Dow drops 400 points, S&P 500 falls for a fourth day as tech slumps, bitcoin briefly dips below $90,000 (CNBC)
- The Most Joyless Tech Revolution Ever: AI Is Making Us Rich and Unhappy (WSJ)
- AI Bubble and Growth Fears Are Creeping Into US Credit Markets (Bloomberg)
- Microsoft and Nvidia to invest up to $15bn in OpenAI rival Anthropic (FT)
- Google Seeks to Shake Up Chatbot Race With New Gemini Version (WSJ)
- Cloudflare says outage that hit X, ChatGPT and other sites is resolved (CNBC)
- Meta Defeats FTC’s Antitrust Case Alleging Social-Media Monopoly (WSJ)
- Great Bitcoin Crash of 2025 Has It Lagging Bonds, Gold and More (Bloomberg)
- Home Depot cuts earnings outlook as home improvement demand falls short of expectations (CNBC)
- S&P 500 Reporting Highest Net Profit Margin in Over 15 Years (FactSet)
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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
Published on 4 weeks ago