Tech Sells Off Ahead of Thanksgiving Holiday

MRKT Matrix - Wednesday, November 27th Nasdaq drops the day before Thanksgiving as Nvidia, Dell slides (CNBC) Donald Trump selects Kevin Hassett to lead National Economic Council (CNBC) Trump’s Tariff Message: I’m in Charge of the Economic Agenda (WSJ) US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending (Bloomberg) JPMorgan sees S&P 500 rising to 6,500 in 2025 thanks to AI and deregulation (CNBC) Homebuyer demand for mortgages jumps 12%, after first interest rate drop in over 2 months (CNBC) OPEC’s Dilemma: Another Year of Oil Supply Curbs or Price Slump (Bloomberg) Exxon is the best oil stock, as its big bet on cutting carbon emissions should pay off, UBS says (CNBC) Apple Misses Out on Big 2024 Smartphone Market Rebound, IDC Says (Bloomberg) OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer (CNBC) Inside Elon Musk’s Quest to Beat OpenAI at Its Own Game (WSJ) Inflation-Battered Consumers Are Going to Extreme Lengths to Nab Holiday Deals (Bloomberg) Taylor Swift Looks to Deliver Another Megahit - for Target Stores (WSJ) --- 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