Investor’s Business Daily (July 19)
“Magnificent Seven stocks dumped more than $1.3 trillion in market value in a week…. Former do-no-wrong AI company Nvidia (NVDA) is the No. 1 culprit” behind the “epic implosion.” Shares in Nvidia “have plunged more than 11% from July 10. That effectively wiped out more than $417.3 billion in shareholders’ wealth — or roughly a third — of the Mag 7’s dollar-value loss in that time.”
Tags: $1.3 trillion, AI, Culprit, Epic implosion, Magnificent Seven, Market value, Nvidia, Plunged, Shareholders, Stocks, Wealth
CNN (August 18)
“The CNN Business Fear & Greed Index, which looks at seven indicators of market sentiment, is showing signs of fear on Friday for the first time since March. That’s a big change from just one month ago, when the index was in ‘extreme greed’ territory.” The culprit? “China’s economy is in trouble” and that “spells bad news for US stocks, and potentially for your portfolio.”
Tags: Big change, China, Culprit, Economy, Extreme greed, Fear & Greed Index, March, Market sentiment, Portfolio, Stocks, Trouble, U.S.
The Guardian (January 11)
“If you want to know how fast climate change is happening, the answer is in the oceans.” Last year, they “absorbed heat equivalent to seven Hiroshima atomic bombs detonating each second, 24 hours a day, 365 days a year.” Global ocean temperature data “paint a clear picture: the Earth is warming, humans are the culprit, and the warming will continue indefinitely until we collectively take action to reduce greenhouse gas emissions.”
Tags: Atomic bombs, Climate change, Culprit, Earth, Emissions, GHGs, Heat, Hiroshima, Humans, Oceans, Temperature data, Warming
Wall Street Journal (November 1)
In the U.S., “GDP growth accelerated to 3% for a time along with investment, but then came Mr. Trump’s trade interventions. More than the damage from tariffs, business confidence fell amid the uncertainty of what Mr. Trump might do next. This has led to slower growth that is reflected in roughly 2% GDP growth in the last two quarters…. The strong evidence is that trade policy is the main growth culprit.”
Tags: Business confidence, Culprit, Damage, GDP, Growth, Interventions, Investment, Tariffs, Trade, Trump, U.S., Uncertainty
