A.I. "Jitters" Bring Risk-Off Attitude, Jobless Claims Tick Higher, Bitcoin Erases 2025 Gains
Description
There are numerous risk-off signals hitting markets Tuesday morning, though Kevin Hincks points to A.I. speculation as the biggest. He explains that the attitude will persist heading into Nvidia's (NVDA) earnings Wednesday. Sentiment also hit Bitcoin, with the cryptocurrency turning negative for the year. As for the spontaneous jobless claims report, Kevin notes the higher number but makes the case investors should discredit the date of the report.
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