The Tech Slide Continues

MRKT Matrix - Wednesday, August 20th Nasdaq falls for a second day as tech struggles again (CNBC) Trump Demands Fed’s Cook Quit as Pulte Seeks Mortgage Probe (Bloomberg) Trump Embarks on $104 Million Bond-Buying Spree While in Office (Bloomberg) Elon Musk Pledged to Start a Political Party. He Is Already Pumping the Brakes. (WSJ) Target Picks Insider as CEO to Lead Turnaround; Shares Drop (Bloomberg) McDonald’s to Cut Combo-Meal Prices After Convincing Franchisees (WSJ) Oracle Rides Major Deals With OpenAI, Nvidia to Turn Around Cloud Business (Bloomberg) Databricks says it’s valued at over $100 billion in latest funding round (CNBC) SpaceX’s Expensive Starship Explosions Are Starting to Add Up (Bloomberg) -- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://riskreversalmedia.beehiiv.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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