Nvidia Under Pressure, Stocks Slip From Record Highs

MRKT Matrix - Monday, December 9th S&P 500, Nasdaq retreat from records as Nvidia shares slide (CNBC) Oppenheimer’s Stoltzfus New Top S&P 500 Bull With 7,100 Target (Bloomberg) Are Analysts Cutting EPS Estimates More Than Average for S&P 500 Companies for Q4? (FactSet) China Targets Nvidia For Potential Breach of Monopoly Law (Bloomberg) GM’s Moment of Truth in China Has Arrived (Barron’s) China Signals Bolder Stimulus for Next Year as Trump Returns (Bloomberg) Dollar Optimism Is Spreading From Hedge Funds to Asset Managers (Bloomberg) Why Tariffs Could Really Pinch Retailers This Time (WSJ) Donald Trump says he won’t try to remove Fed chief Jerome Powell (CNBC) Measuring the ChatGPT Threat to Google–and Alphabet Stock (Barron’s) Uber and Lyft’s Robotaxi Demise Might Be Greatly Exaggerated (Barron’s) Bank of America downgrades AMD due to potential market share loss (CNBC) Barclays upgrades Robinhood as retail trading activity shows no signs of easing (CNBC) Reddit gets an upgrade from Morgan Stanley thanks to strong ad revenue growth (CNBC) --- 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 Learn more about your ad choices. Visit megaphone.fm/adchoices