MRKT Matrix

S&P 500 Closes Lower As Tech Slides, SpaceX Falls For Third Straight Day

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MRKT Matrix - Monday, June 22nd

  • S&P 500 falls as Big Tech and SpaceX struggle (CNBC)
  • Bank of America expects three Fed hikes this year, says inflation is getting ‘unambiguously worse’ (CNBC)
  • The Biggest Risks Threatening This Highflying Stock Market (WSJ)
  • China Slaps Restrictions on Dozens of U.S. Companies (WSJ)
  • Alphabet Shares Drop After Second AI Star Departs for Rival (Bloomberg)
  • Microsoft’s Satya Nadella: We Can’t Let AI Giants Eat the Economy (WSJ)
  • SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion (CNBC)
  • Data centers become the face of AI backlash (Axios)

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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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