Open
The Marked Chart Wire · Markets
HotAI Trade
Jim Cramer maintains the AI investment thesis is sound even as the Nasdaq enters a correction. His club reduced positions in several tech stocks while retaining Micron and Qnity.
Prices from Live · updated 12:50 PM ET. Each tile opens the stock's chart and news.
New to this? Read: Reading a stock chart
SpaceX
The cost of insuring against SpaceX default rose 24.5 basis points to 286.56, setting a new peak for the five-year instrument.
Market Volatility
Goldman Sachs reports that institutional buyers are sidelined while hedge funds unload positions. ETF trading volumes for SPY, QQQ, and SMH are running well above 20-day averages.
AI Stocks
Wellington-Altus chief market strategist James E. Thorne said rising losses in AI names might trigger forced selling. Social media chatter claims margin calls are amplifying the drop, but no confirmed fund liquidations have emerged.
Hedge Funds
Hedge fund Walle is reportedly returning a portion of its capital to investors, according to a client letter.
Volatility
The S&P 500 VIX surged 43.57 percent to 23.79 in early trading, indicating a sharp rise in expected market turbulence.
HotMarket Volatility
The Nasdaq 100 index declined by 5.1 percent while the S&P 500 fell 2.8 percent. The VIX volatility index jumped 44 percent during the session.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.