Challenging Dynamics in Tech and AI Markets

Stocks under pressure as Tech stocks sell-off and the Nasdaq lags: Carl Quintanilla, Sara Eisen, and David Faber broke down the latest trade and tariff headlines to start the hour, alongside new Consumer Confidence data (registering its largest monthly decline since August 2021). Plus, what tighter trade restrictions on China could mean for markets and the semis – and a fresh read on the economy when it comes to corporate credit, according to the man advising America’s biggest companies on their multi-billion dollar financings, Goldman’s Jonny Fine. 

Also in focus: Home Depot breaking a 2 year streak of same-store sales declines – how to trade it, and what it could portend for later retail reports; Why the breakout in software stocks is fading; and a discussion of the AI trade with one NYU professor warning: “The revenue isn’t there yet – and might never come”

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