Bears win! (🟥)

🟥 He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Individual investors are dumping stocks at the fastest pace since the COVID crashIndividual investors are dumping stocks at the fastest pace since the COVID crash

🟩 Why dwindling buybacks are a warning for stocks

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South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days #1535440

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Some tech shares are plunging - what does that mean for the AI revolution?Some tech shares are plunging - what does that mean for the AI revolution?

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Magnificent 7 results set to test broadening US stock market

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Dow Futures Hold Near Highs as Boeing, Coca-Cola Surge on Guidance/Cash Flow Beats.Dow Futures Hold Near Highs as Boeing, Coca-Cola Surge on Guidance/Cash Flow Beats.

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OpenAI CEO Sam Altman Discusses Next AI Model With US LawmakersOpenAI CEO Sam Altman Discusses Next AI Model With US Lawmakers

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Crude oil prices jump again and U.S. stocks slip ahead a decision from the Fed on interest ratesCrude oil prices jump again and U.S. stocks slip ahead a decision from the Fed on interest rates

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Wall St falls ahead of Fed verdict, megacap earningsWall St falls ahead of Fed verdict, megacap earnings

Wall Street's main indexes dropped on Wednesday as investors awaited the Federal Reserve's monetary policy verdictagainst the backdrop of an 8% jump in oil prices, while chip stocks remained under ‌pressure ahead of Big Tech earnings.

The benchmark S&P 500 (SPX),  hit its lowest level in a month, while the tech-heavy Nasdaq (.IXIC), was at a three-month low, dropping over 9% from its June record high.

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Wall Street slips as global chipmakers and AI stocks tumble amid mounting concerns over high infrastructure spending and corporate cash burn.

🟥 Magnificent 7 results set to test broadening US stock market

The AI hype train is finally running out of steam and chip stocks are dragging down the broader indices. Look at how hard South Korea's SK Hynix fell despite decent earnings. Big tech earnings from Meta and Microsoft later today are going to show whether this infrastructure spending is actually sustainable, and traders are de-risking early.🟥🟥

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Fed holds rates unchanged

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Federal Open Market Committee

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Oil prices jump following fighting with Iran, Wall Street swings after the Fed holds rates steady

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Wall Street Races to Sell SpaceX-Linked Products as Stock SinksWall Street Races to Sell SpaceX-Linked Products as Stock Sinks

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