Stock Market Today: Regional Banks Sell Off, TSM Adds A.I. Muscle, CRM Ups Guidance
Description
Markets closed down thanks in part to a major sell-off in regional banks, sparked by a $50 million loan loss charge reported by Zions Bancorporation (ZION). TSMC (TSM) also closed lower but posted strong earnings that helped reinforce the A.I. narrative. Salesforce (CRM) shares rallied after the company showed more confidence in its long-term outlook. Marley Kayden recaps the session's biggest stories for investors.
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