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9 tech titans took a $150 billion wealth hit during Thursday's AI stock plunge — with Elon Musk alone losing $80 billion

Elon Musk's net worth tumbled by about $80 billion or 9% in one day as Tesla and SpaceX tumbled, and several of his tech peers took wealth hits too.

Chip stocks are the cheapest they’ve been in nearly seven years. How low is too low?

Contrarian investors might see the sharp decline in semiconductor stocks on Nov. 5 as a buying opportunity, especially since soaring earnings expectations have driven valuations to their lowest levels since January 2019.

Small retailers brace for 'huge hit' this holiday season as shipping costs spike

As shipping costs surge due to high fuel prices, smaller and medium-sized retailers struggle to keep up, and they face a difficult holiday season.

AI won’t pay off for the S&P 493 until CEOs rebuild the work

Stop counting layoffs as AI returns.

Why gold prices are surprisingly low

Gold tends to go up when there's uncertainty in the economy. For a while, the price reflected that. But this week, it dropped from a nearly $5,600 in January to below $4,000. What's going on?

Live updates: Bitcoin flatlines under $76,000 as stock bounce loses steam into the close

The Nasdaq gained just 1.1%, while the S&P 500 only edged higher, and the DJIA lost more ground.

AI Deal Windfalls Help Shield European Credit From Selloff

The global technology rout has so far spared European corporate bonds, with windfalls on debt deals from Meta Platforms Inc. and Alphabet Inc. helping the market avoid the hammering taken by equities and US credit.

Could CRISPR cure rare diseases before birth? Scientists are getting closer

Researchers are exploring fetal gene editing to treat rare genetic disorders before they cause lasting damage.

Bitcoin steadies after AI-led selloff as eyes turn to latest U.S. jobs figures

Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.

U.S. futures signal the carnage in tech stocks over the last 24 hours may be overdone

Everything you need to know before you reach the office this morning.

Profits Are About as Good as They’ll Get

Plus, tech investors are in shock.

Coinbase Bear Morgan Stanley Says Earnings Recovery Less Certain

Coinbase Global Inc.’s list of bears is growing long. Morgan Stanley came out swinging against the cryptocurrency exchange this week, slashing revenue estimates and saying confidence in the earnings recovery has deteriorated.

Your customers are lying to you, and they’re lying to themselves too

Millennials were shaped by the pillars of their parents’ realities crumbling around them. That become the mood music for the next two decades.

Fed Should Gather Data to Judge Price Risks, Williams Says

US Stock Futures Rise as Dip Buyers Emerge After AI Selloff

US stock futures rebounded in a volatile session following a day of heavy selling in the underlying gauges, after the Democratic sweep of Congress in the midterm elections.

AI debt concerns grow as ING reportedly seeks buyers for $500 million of data center loans

ING is reportedly seeking bids for about $500 million across 12 data center loans, including debt tied to a New Mexico Stargate site.

Wall Street’s Script Gets Flipped by Post-Election Rout

India, Europe are bright spots for stock investors.

Brasília em Off

Martha Beck fala sobre o vilão que o quarto mandato do presidente Lula quer vencer.

India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist

Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg.

US stocks stabilise after tech rout

Kickstarter’s CEO is championing human creativity in a flood of AI

Also: All the news and watercooler chat from Fortune.

The internet is seeing the funny side of the stock market meltdown

AI stocks plunged and the Nasdaq entered correction territory. On X, investors coped with jokes about panic, Christmas, and Elon Musk.

Humana Boosts Forecast, Capping Strong Quarter for Insurers

Humana Inc. raised its profit guidance for the year after a better-than-expected third quarter, finishing off a season of optimistic results from major US health insurance companies.

Von der Leyen to visit Black Sea amid deadly drone attacks

The trip comes after at least seven commercial vessels were reportedly struck by drones that many have linked to Russia.

What SPDR S&P 500 ETF (SPY) Sold: Apple Leads on Wednesday

The $818.54 billion fund sold $5.39 billion more than it bought, cutting 499 positions and adding to just one.

ETFs Are Net Sellers of Williams (WMB) on Nov. 4

ETFs sold $18.1 million of Williams stock on Wednesday, Nov. 4.

ETFs Are Net Sellers of General Dynamics (GD) on Nov. 4

ETFs sold $19.5 million of General Dynamics (GD) on Wednesday, Nov. 4.

ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

ETFs sold $20.1 million of Marathon Petroleum on Wednesday, with 45 buying and 15 selling.

ETFs Are Net Sellers of ConocoPhillips (COP) on Nov. 4

ConocoPhillips saw $22.9 million in net ETF selling on Nov. 4.

ETFs Are Net Sellers of ServiceNow (NOW) on Wednesday

ETFs sold a net $29.5 million of ServiceNow on Wednesday.