TSLA down 12% on the day, down 27% YTD
10 year yields hit 4.48% while stocks fell 2% today
ARM raises $5 Billion and US Retail Sales up 0.6% in August
Unemployment ticked higher to 3.8% from 3.5% a month prior
Nvidia earned an adjusted $2.70 per share on $13.5B in revenue ($2.09 EPS/$11B expected)
Stock Market Down 5% MTD in August
July Inflation was 3.2% YoY (3.3% was Expected)
AMZN up 9% after earnings while AAPL was down 2%
GOOGL/META up 6% after earnings while MSFT was down 4%
TSLA fell 10% while NFLX was down 8% a day after reporting
YoY CPI at 3% and S&P 500 hits critical 4500 level
More than 30 million users signed up for Meta Platforms Inc.’s new app Threads