Market Sell-Off Wipes $2.5 Trillion as Jobs Data, AI Concerns Shake Investors

TLDR:
- The U.S. added 172,000 jobs in May, nearly doubling forecasts and pushing rate hike odds to 57% in one day.
- Broadcom’s refusal to raise AI targets triggered a 12.6% stock drop, sparking fears of overvalued AI positions.
Read more...