Why Markets Have An "Nvidia Problem"
MRKT Matrix - Friday, June 21st S&P 500 falls as Nvidia struggles for a second day (CNBC) The stock market is in its longest stretch without a 2% sell-off since the financial crisis (CNBC) Nvidia’s Success Is the Stock Market’s Problem (WSJ) SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years (CNBC) Home prices hit record high in May as sales stall (CNBC) Why Your Starbucks Frappuccino Is Now Half-Price (WSJ) China has spent at least $230 billion to build its EV industry, new study finds (CNBC) Europe Has a New Economic Engine: American Tourists (WSJ) ---…
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