Stocks Lower As Investors Continue Selling Spree

Written By Timmy Adami

December 10, 2024

MRKT Matrix - Tuesday, December 10th

  • Dow falls more than 100 points to notch four losing days as year-end rally takes a breather (CNBC)

  • Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip (CNBC)

  • Investors are dumping their biggest winners this week, and buying losers (CNBC)

  • Upgrades and Downgrades Courtesy of CNBC (UPS) (American Airlines) (Norwegian Cruise Line)

  • Global Airlines Expect Record Passengers Flows in 2025 (Bloomberg)

  • Microsoft’s New Sales Pitch for AI: Spend Less Money on Humans (The Information)

  • Reddit to Launch AI-Powered Chatbot to Ward Off Search Engines (Bloomberg)

  • TSMC Revenue Jumps 34% in November in a Sign of AI Demand (Bloomberg)

  • Behind Bitcoin’s Rally Is a Simple Fact: Supplies Are Limited (WSJ)

  • Xiaomi Teases Tesla-Like SUV for Summer in Big EV Expansion (Bloomberg)

Timmy Adami
Previous

Nasdaq Closes Above 20K for First Time Ever
Next

Nvidia Under Pressure, Stocks Slip From Record Highs