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Stocks Drop on Fed Cut Jitters & Tech Rout
Episode 372

Stocks Drop on Fed Cut Jitters & Tech Rout

MRKT Matrix

November 13, 20259m 36s

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Show Notes

MRKT Matrix - Thursday, November 13th

  • Dow drops more than 800 for worst day in over a month (CNBC)
  • Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts (CNBC)
  • New foreclosures jump 20% in October, a sign of more distress in the housing market (CNBC)
  • October Jobs Report to Skip Unemployment Rate, Hassett Says (Bloomberg)
  • Verizon to Cut About 15,000 Jobs (WSJ)
  • Companies Begin to See a Return on AI Agents (WSJ)
  • Big Tech’s Soaring Profits Have an Ugly Underside: OpenAI’s Losses (WSJ)
  • Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’ (CNBC)
  • Microsoft to Use OpenAI’s Custom Chip Work to Help In-House Effort (Bloomberg)
  • Zuckerberg Weighs Ideas for Too Many AI Data Centers (Bloomberg)
  • Waymo Launches Driverless Robotaxis on Freeways in First for US (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