Episode Details

MRKT Matrix - Thursday, April 23rd

• Stocks close lower, retreating from records as software shares slump, oil jumps (CNBC)
• Software stocks plunge on ServiceNow, IBM results as AI fears escalate (CNBC)
• Texas Instruments’ stock jumps 18%, heads for best day since 2000 as AI demand soars (CNBC)
• Meta, Microsoft Look to Trim Workforces Amid Heavy AI Spending (Bloomberg)
• Microsoft Needs Copilot to Get Back in the Air (WSJ)
• Anthropic's growing pains mount ahead of OpenAI showdown (Axios)
• White House accuses China of ‘industrial-scale’ theft of AI technology (FT)
• Avis Sinks 70% in Two Days, Setting Off Cascade of Trading Halts (Bloomberg)

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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