MARKET DAILY

Market 02/24: AI Fears Pause for One Day

Can AI Replace or Just Assist?

Key Headlines

  • META-AMD: Swapping Chips for $100 Billion in Shares

  • Intuit Partners with Anthropic on Financial AI

  • OpenAI Slashes Investment Plan from $1.4 Trillion to $600 Billion

  • Takaichi Meets BOJ: Concerns Over Rate Hike

  • China Curbs Defense Exports to Japan

  • ADP report shows weekly jobs rebound

  • US home prices edge up in December

  • January revised to 89.0 from 84.5

  • Subscribers (period-end): 2.511M; +13% YoY 🔴

  • Inventory: $25.82B (Est. $24.81B) 🟢

  • SPX Holds 6800 Morning → Positive → Breaks 6850 → Sparks Modest Shorts-Cover Rally, Intraday 6800 Level Abandoned.

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