Friday's News Links

[CNBC] Stocks rebound Friday after three-day slide as tech shares pop, bitcoin stabilizes: Live updates

[CNBC] Amazon stock falls 8% on $200 billion spending forecast, earnings miss

[Axios] Wall Street's AI honeymoon phase is over

[Axios] Data centers dominate rising U.S. power demand growth

[CNBC] U.S. asks American citizens to ‘leave Iran now’ ahead of high-stakes talks with Tehran

[Bloomberg] Big Tech to Spend $650 Billion This Year as AI Race Intensifies

[Bloomberg] Private Credit Stocks Keep Falling as Software Wipeout Spreads

[Bloomberg] US Yield Curve Nears Steepest in Four Years Amid Market Ructions

[Bloomberg] Crypto-Hoarding Firms Pose Fresh Threat to Market After Selloff

[Bloomberg] BOJ Board Member Adds to Signals Pointing to Interest Rate Hikes

[Bloomberg] China’s Easy Money Floods Metals Markets as Real Economy Falters

[NYT] Crypto Takes a Deep Slide Despite Trump’s Support

[NYT] The Dark Side of A.I. Weighs on the Stock Market

[WSJ] The Software Rout Is Spreading Pain to the Debt Markets

[WSJ] The Week Anthropic Tanked the Market and Pulled Ahead of Its Rivals

[WSJ] Private Markets’ AI Panic: When ‘Recurring Revenue’ Isn’t

[FT] Big Tech’s ‘breathtaking’ $660bn spending spree reignites AI bubble fears

[FT] Donald Trump’s policies dent international travel to US in blow to tourism sector

Thursday Evening Links

[CNBC] Bitcoin drops 18%, breaking below $61,000 as sell-off intensifies, doubts about crypto grow

[CNBC] Stock futures drop as Amazon slide adds to Wall Street’s tech woes: Live updates 

[Reuters] Amazon sees 50% boost to capital spending this year, shares tumble

[Yahoo/Bloomberg] Wall Street’s Favorite Trades Collapse as Market Selloff Deepens

[AP] Falling tech stocks and a plunge for bitcoin hit Wall Street

[Yahoo Finance] Bitcoin falls below $64,000 as losses accelerate, hits lowest levels since October 2024

[Yahoo/Reuters] Saylor-led Strategy's quarterly losses widen as bitcoin faces another reckoning

[Bloomberg] Amazon Falls After Vowing to Spend $200 Billion on AI This Year

[Bloomberg] Saylor’s Crypto Project Pounded After $12.4 Billion Loss

[Bloomberg] GOP Senators Say Powell Probe ‘Waste of Time’ Amid Warsh Impasse

[Bloomberg] Blackstone-Backed Liftoff Postpones IPO on Software Rout

[Bloomberg] Private Capital Titans Rush to Defend Software Companies as AI Rout Deepens

[Bloomberg] Soaring Food Bills Pose Risk to Takaichi’s Election Prospects

[WSJ] Bitcoin Booster’s $12 Billion Loss Headlines Crypto’s Worst Day Since 2022 Crash

[FT] Shares of private capital giants sink on worries AI risks hitting growth

Thursday Afternoon Links

[CNBC] Dow drops 400 points, Nasdaq craters for a third day as stock sell-off gains steam: Live updates

[Yahoo/Bloomberg] Oil Declines After Iran Confirms US Negotiations Set for Friday

[Yahoo/Reuters] Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon

[Yahoo/Reuters] Anthropic releases AI upgrade as market punishes software stocks

[Yahoo Finance] Big Tech CEOs seek to quell AI worries hammering software stocks

[CNBC] Trump would decide whether to investigate Fed pick Warsh over refusal to cut rates: Bessent

[Bloomberg] Crowded Hedge Fund Treasuries Trade Faces Risk of Rapid Unwind

[Bloomberg] Blue Owl Sees No Tech ‘Red Flags’ as Shares Extend Record Plunge

[Bloomberg] Crypto Plunge Sparks Broad Rout in Digital Asset Treasury Stocks

[Bloomberg] Taiwan Defense Minister Says US to Speed Up Weapons Deliveries

[WSJ] Weak Hiring, Layoff Plans Paint a Gloomy Labor Market Picture

[FT] Big Tech shares slide for third day with AI stocks under pressure