Alphabet suffered its worst single-day drop since going public 22 years ago following Q3 earnings, wiping out roughly $500 billion in market value as investors digest search advertising weakness.
The tape Marketplace · Oct 29
“Shares cratered almost 12.5 percent. It's worst day since it went public 22 years ago, give or take half a trillion dollars from its market capitalization just gone.”
The FOMC maintained the federal funds rate target at 3.75% to 4%, but Governor Lisa Cook and Cleveland Fed President Beth Hammack voted against the hold.
All-In with Chamath, Jason, Sacks & Friedberg · AI Cyber Panic, Ken Griffin's Bubble Warning, The Fall of France?Oct 23
Researchers uncovered severe exploits rated 9.2 out of 10 in open-source coding language PHP, prompting government website shutdowns in Europe and widespread attack attempts.