Global Selloff in Chip Stocks, ADP Shows US Added 42K Jobs

Semiconductor stocks sold off yesterday and continued overnight in Asia as worries about the AI Bubble went global. Korean stocks triggered circuit breakers and Japanese shares plunged before paring losses to close down 2% and change. Elsewhere ADP shows US companies added 42K jobs in the month of October, better than the abysmal job losses from last month, but hardly good enough to placate worries of a recession.Support the Channel on ⁠⁠⁠⁠⁠⁠⁠⁠Patreon ⁠⁠⁠⁠⁠⁠⁠⁠Support the Channel by ⁠⁠⁠⁠⁠⁠⁠⁠Buying Me a Coffee⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to ⁠⁠⁠⁠⁠⁠⁠⁠Nobody Special on YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Nobody Special on X(twitter) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠