Signal Summary: Your daily market edge 📈 Recaps at 6 PM + real-time insights, ETF trends, and sector breakdowns. Tweets are for informational purposes only.signalsummary.comJoined May 2024
Soon we will experience the slowdown of AI innovation. AI will continue to develop but the short term excitement about the benefits will be more forward looking.
When that does happen, the S&P500 will have a correction. Today might be the beginning steps of this change.
📉 Today’s jobs report is a reality check. Only 22K jobs added in August vs 75K expected. Labor demand is cooling fast. 📊 Markets now betting even harder on a Fed rate cut this month
American Bitcoin $ABTC hit Nasdaq today backed by Trump’s sons. Stock spiked over 100% before cooling to a a market value near 7 billion. A WILD first day for a new name in crypto 👀
NIO is pricing down the current popular models to make room for the new 2026 cars such as the L80 and ES7.
These models will have a lower average selling price compared to their higher-end competitors.
📊 Broadcom $AVGO reports after the close. Traders are watching its AI chip sales and software growth. The stock is up over 50% this year, so expectations are sky high heading into results 🔔
📉 Salesforce $CRM crushed earnings but the stock slid 6% after guiding softer on Q3 revenue. Management is leaning on a bigger buyback and new AI pricing models to calm investors…
📉 US job openings dropped to 7.18M in July, the lowest in over a year and below expectations. For the first time since 2021, openings now equal the number of unemployed workers. Labor demand is cooling fast 🥶
📈 $M up over 19% this morning after raising its full year outlook. Earnings came in stronger than expected and investors are betting for the retail turnaround.
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