US stocks tumble; S&P, Nasdaq close at multi-week lows
Thursday, 25 July 2024 The S&P 500 suffered its biggest single-day decline since December 2022, ending its longest streak without a 2% drop since the onset of the global financial crisis. The Nasdaq 100 was hit even harder, plummeting over 3.5%. Alphabet Inc.'s shares fell 5% after the company invested heavily in its efforts to compete with rivals in AI, resulting in higher-than-expected spending. Tesla Inc.'s stock plunged 12% following disappointing profits and a delay in its Robotaxi project.
In this eye-opening video, Patrick Bet-David discusses the groundbreaking decision by James Lee to launch the Texas Stock exchange. With early support from BlackRock & Citadel, many believe it..
Thursday, 25 July 2024
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