Yields Spike, Stocks Drop
MRKT Matrix - Monday, October 7th Dow tumbles 400 points as 10-year yield tops 4%, oil jumps (CNBC) U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran (Bloomberg) Activist Starboard Value Takes $1 Billion Stake in Pfizer (WSJ) Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter (CNBC) Google’s Grip on Search Slips as TikTok and AI Startup Mount Challenge (WSJ) Microsoft’s AI Story Is Getting Complicated (WSJ) Meta Unveils AI Video Generator, Taking On OpenAI and Google (Bloomberg) AWS CEO Matt Garman…
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