Skip to main content

Featured

Wall Street Futures Slide Amid AI Bubble Concerns

  US stock futures retreated on Tuesday as mounting fears of an AI-driven market bubble weighed heavily on investor sentiment. The Dow Jones Industrial Average futures fell 0.7% , marking the worst three-day run for the blue-chip index since April. The Nasdaq 100 slipped 0.8% , while the S&P 500 dropped 0.6% , extending losses from a bruising session earlier this week. The pullback comes ahead of a pivotal Nvidia earnings report , which investors see as a litmus test for the sustainability of the AI boom. Concerns about inflated valuations in the sector have grown, particularly as chipmakers and tech giants face scrutiny over their aggressive expansion into AI infrastructure. Adding to the turbulence, Bitcoin briefly dipped below $90,000 , erasing all of its gains for the year and deepening a global sell-off in cryptocurrencies. The decline rattled Asian markets, with Japanese stocks suffering their steepest loss since April. Meanwhile, 10-year Treasury yields fell , reflec...
Post a Comment
Read more

article

Labels

Bonnie Crombie Loses Bid for Seat, Vows to Stay as Liberal Leader

 

In a surprising turn of events, Ontario Liberal Leader Bonnie Crombie lost her bid for a seat in the Mississauga East-Cooksville riding. Despite her efforts to flip Peel Region seats from PC blue to Liberal red, Crombie was defeated by her PC opponent, Silvia Gualtieri. 

The night started off rough for Crombie and the Liberals, with one TV station calling the election for the PCs within minutes of polls closing. However, Crombie remains determined to stay on as the Liberal leader and continue her political journey. 

While Crombie faced defeat, other party leaders, including Ontario NDP Leader Marit Stiles and Green Party Leader Mike Schreiner, successfully reclaimed their seats. 

Crombie's loss marks a significant moment in Ontario politics, as she vows to keep fighting for her party and constituents.



Labels:

Comments

Post a Comment