MRKT Matrix

Tech Leads Bloody Day For Stocks

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MRKT Matrix - Tuesday, August 19th

  • Dow pulls back from record, Nasdaq sheds 1% as Nvidia leads tech lower (CNBC)
  • Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day (CNBC)
  • Intel’s CEO Draws Support for Revival From SoftBank, Trump (Bloomberg)
  • Apple just landed a key win for the global encryption fight (CNBC)
  • How Pimco Outmaneuvered Apollo, KKR to Win $29 Billion Meta Deal (Bloomberg)
  • Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’ (CNBC)
  • Nvidia says it’s evaluating a ‘variety of products’ after report of new AI chip for China (CNBC)
  • Private Equity Firms’ Stocks Are Struggling, Despite Getting Into 401(k)s (WSJ)
  • Home Depot stock rises 2% as retailer maintains full-year forecast (CNBC)
  • US and Europe to Work Immediately on Ukraine Security Plan (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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