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Investors Continue The AI Unwind Trade

MRKT Matrix

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MRKT Matrix - Wednesday, September 24th

  • Stocks dip for a second day as investors continue selling AI plays Nvidia and Oracle (CNBC)
  • New home sales soar 20% in August to a three-year high (CNBC)
  • In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing (The Information)
  • Intel Is Seeking an Investment From Apple as Part of Its Comeback Bid (Bloomberg)
  • Oracle to Raise $18 Billion in Second Biggest Bond Sale of Year (Bloomberg)
  • Oracle’s AI-Fueled Cash Crunch Sets Stage for Major Job Cuts (Bloomberg)
  • Alibaba shares jump 9% after CEO unveils plans to boost AI spending (CNBC)
  • Day trading is about to get easier for smaller retail investors (CNBC)
  • Get Rich or Get Wiped Out: Bitcoin’s Hottest New Trade (WSJ)

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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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