Tech stocks log worst day since 2020 as carnage comes to the AI trade

The S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record.
Marc Lore's Wonder confidentially files for IPO
Marc Lore’s latest startup Wonder has confidentially filed for an initial public offering.
Democrats’ big election win revives a difficult Social Security question: Who pays?

There are many ideas for saving Social Security. All of them will hurt.
Expedia CEO says AI agents aren't changing booking habits — yet
Expedia CEO Ariane Gorin told CNBC that AI agents present an exciting time for the travel industry but that they haven’t yet impacted bookings.
Robot maker Agility starts trading today — but its steep losses are raising red flags

Agility is going public via a SPAC merger that one executive says will give it a “first-mover advantage.”
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New Flutter CEO bets on FanDuel promotions to win customers as profits suffer
Flutter’s new CEO Dan Taylor issued his first earnings report as CEO on Wednesday.
Most investors are blind to the possibility of a market crash. Here is the five-part strategy to survive one.

Wall Street veteran Jared Dillian says the biggest problem is many investors these days have not lived through a major downturn. He’s got a portfolio that offers protection.
CVS Health plans to split itself up. Here's why a breakup could make sense now
Analysts say that after a roughly two-year turnaround the company’s retail pharmacy business and other units may be strong enough to stand on their own.
Qualcomm’s stock falls as twin forces pressure sales

Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.



