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Stocks Close Lower, Rotation Out of Tech Continues

Episode 523 Published 1 week, 5 days ago
Description

MRKT Matrix - Friday, June 26th

  • S&P 500 heads for losing week, chip stocks add to their losses on Friday (CNBC)
  • Industry Analysts Project 21% Increase in S&P 500 Price Over the Next 12 Months (FactSet)
  • Citi cuts tech stock weighting: ‘Difficult to see how everyone in AI/Tech path wins’ (CNBC)
  • The Long-Term Threat to the Memory Chip Boom Is Innovation (WSJ)
  • SpaceX Bears Brace for Billions in Passive Index-Fund Buying (Bloomberg)
  • Bond Traders Stunned as Losses on SpaceX’s New Debt Keep Growing (Bloomberg)
  • OpenAI hasn’t held pre-IPO investor meetings or set timeline yet, sources say (CNBC)
  • OpenAI Limits Access to New Model, Citing Government Security Concerns (WSJ)
  • AI Is Already Reshaping US Politics at Every Level (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


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