Markets slid on renewed AI and tech fears as Nvidia earnings and data-center power needs loomed. The S&P 500 and Nasdaq fell across the board, the Dow dropped nearly 500 points, volatility spiked, and defensive sectors outperformed. Key catalysts: Nvidia results, Cloudflare outage, Fed policy split and a crypto selloff weighing on risk appetite.
Nvidia’s upcoming earnings are the focal point for markets after a heavy AI-led runup. Investors are pricing in whether Nvidia can steady the tech selloff and justify sky-high AI valuations.
500 – Approximate point drop for the Dow amid the tech and AI-led selloff.
A widespread Cloudflare outage disrupted major services and reignited concerns about single points of failure on the internet. Companies and markets are assessing operational and reputational damage as investigations continue.
Congress moved swiftly to force disclosure of the Justice Department’s Epstein records after bipartisan pressure. The legislative push has major political implications for Trump and several lawmakers.
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President Trump hosted Saudi Crown Prince Mohammed bin Salman in a high-profile White House visit as major deals were touted. The trip centers on arms sales and contested investment pledges that could reshape US-Saudi ties.
The US Energy Department approved a $1 billion loan to restart Three Mile Island, tying federal support to private AI and cloud power deals. The move raises questions about taxpayer risk and energy policy as nuclear restarts return to the agenda.
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Microsoft and Nvidia’s new funding rounds and partnerships have propelled Anthropic to stratospheric valuations. Critics warn of circular finance while investors scramble to position for the next phase of AI scale-up.
Google rolled out Gemini 3 as it steps up the fight with OpenAI and Anthropic. The launch is positioned to boost Search and cloud revenue but also intensifies debate over AI hype and accuracy.
Congress fast-tracked the Epstein-files disclosure bill; EU moved to designate major cloud providers as ‘critical’ for finance; OCC clarified banks can hold crypto to pay gas fees—regulatory scrutiny is rising on tech and finance.
Crypto markets plunged as ETFs saw record outflows and leveraged positions unraveled. Bitcoin’s slide erased much of 2025 gains and triggered a broader risk-off move in digital assets.
AI data centres are driving surging electricity demand, raising grid reliability and emissions concerns. Policymakers and firms face pressure to fund new infrastructure or pivot to cleaner on-site power solutions.
“No company is going to be immune if the AI bubble bursts.”
— Sundar Pichai
Federal Reserve officials are split over the need for an imminent rate cut as economic data clouds the outlook. Political pressure and presidential comments about replacing Powell add volatility to policy expectations.
Washington quietly advances new Ukraine initiatives even as arms sales continue to flow. A potential Patriot equipment sale and reported secret planning with Russia elevate diplomatic and military stakes.
Israeli strikes in southern Lebanon and a refugee camp have killed civilians, heightening regional tensions. Casualties and cross-border escalation risk wider conflict and market jitters in energy and defense sectors.
US and global equities plunged on renewed tech and AI worries as investors reassess valuations. The rout reflects a wider rotation out of megacaps and into safer, value-oriented areas.
EU regulators designated major cloud providers as critical for financial stability and are probing gatekeeper power. The moves signal tighter oversight of US cloud firms and potential compliance costs.
European and global banks face scrutiny as hedge funds and leverage come under regulatory focus. After years of instability, Deutsche Bank’s recovery is tested against lingering industry risks.
New research and reports show deepening financial ties between China and the US, with Beijing emerging as a major creditor. The findings raise strategic concerns about economic dependence and national security.
Russian oil shipments are diverting to Asia as sanctions loom, shifting global energy flows. Discounts applied to sanctioned LNG deals underscore the market’s scramble to find buyers.
Meta won a major antitrust case, avoiding a forced breakup of Instagram and WhatsApp. The ruling could reshape future merger scrutiny and embolden Big Tech dealmaking amid regulatory battles.