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Stocks Mixed as Rotation Out of Tech Resumes

Published 2 weeks ago
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MRKT Matrix - Wednesday, June 24th

  • Nasdaq closes lower as chip sell-off resumes; Micron shares extend losses (CNBC)
  • Trump, Frustrated With High Gas Prices, Channels Biden’s Criticism of Big Oil (WSJ)
  • A Return to $3 Gasoline? Here’s What It Will Take (Bloomberg)
  • Bitcoin hits 20-month low as market sentiment sours (FT)
  • As AI Companies Race for Power, Amazon and Google Have the Lead (WSJ)
  • Google Poised to Lose Two More High-Profile AI Staffers to Anthropic (Bloomberg)
  • Memory Chipmaker SK Hynix's $29 Billion US Listing Seizes on AI Demand (Bloomberg)
  • Cerebras CEO says margin forecast was ‘misunderstood’ as stock plummets after 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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