MRKT Matrix

Stocks Sink On Renewed Trade Fears & Lackluster Earnings

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MRKT Matrix - Wednesday, October 22nd

  • Dow closes down 300 points on trade fears, latest earnings (CNBC)
  • Government shutdown becomes 2nd longest in U.S. history (CNBC)
  • China’s Phone Makers Are Chasing Xiaomi, Not Apple (Bloomberg)
  • Is the Flurry of Circular AI Deals a Win-Win—or Sign of a Bubble? (WSJ)
  • Amazon’s switch to robots over human warehouse employees will save it up to $4 billion a year, Morgan Stanley says (CNBC)
  • AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’ (CNBC)
  • Hundreds of public figures, including Apple co-founder Steve Wozniak and Virgin’s Richard Branson urge AI ‘superintelligence’ ban (CNBC)
  • Meta Cutting Roughly 600 AI Jobs as Company Aims to Move Faster (Bloomberg)
  • Google claims ‘quantum advantage’ again - but researchers are skeptical (Nature)

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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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