Intel's Worst Day Since 1974 Caps the AI Rout
Intel plunged twenty-eight point six percent in its worst session since nineteen seventy-four, dragging the Nasdaq down two point nine percent, while Amazon's cloud grew thirty-nine percent but its free cash flow stayed deeply negative and Exxon and Chevron beat on a refining windfall. Canada's economy stalled for a second straight month after the Bank of Canada's hike, U.S. wage growth slowed to three point one percent, gold hit a one-year low, and a six point three billion dollar Binance hack pushed Bitcoin below seventy-seven thousand dollars. The Daily Ledger, with Alex and Jordan.
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