Tomorrow is shaping up to be a big day in the market 👀
AI stocks like Google, Microsoft, Meta Platforms, and Oracle Corporation are already seeing pressure today, dragging the broader S&P 500 lower.
Over $200B has been wiped off just these names, as money looks like it’s rotating out of crowded AI trades.
At the same time, the market is positioning for what’s expected to be a massive IPO moment tomorrow with SpaceX — and that’s where a lot of attention (and liquidity) seems to be shifting.
NASDAQ is still slightly positive, but SPX is barely holding green — showing how mixed sentiment is right now.
Feels like we’re in one of those “rotation phases” where the market is selling winners to prepare for the next big narrative move