Stocks Slide Ahead of Nvidia Earnings, Jobs Report

MRKT Matrix - Monday, November 17th

• Dow drops 550 points, dragged down by Nvidia, tech shares (CNBC)
• Fed Governor Waller backs December rate cut as support for weakening labor market (CNBC)
• AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says (CNBC)
• ‘I’m nervous’: Klarna founder challenges trillion-dollar spending on AI (FT)
• Google to Invest $40 Billion in New Data Centers in Texas (Bloomberg)
• Now Tech Moguls Want to Build Data Centers in Outer Space (WSJ)
• Jeff Bezos Creates A.I. Start-Up Where He Will Be Co-Chief Executive (NYT)
• Apple intensifies succession planning for CEO Tim Cook (FT)

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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