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20:12
Amid AI panic, investors become jittery as a hypothetical report triggers a bloodbath across multiple sectors in the US stock market
DoorDash, American Express, KKR & Co Inc., and Blackstone Group all plunged more than 8%. Other companies mentioned by name in the article, including Uber, Mastercard, Visa, Capital One Financial, and Apollo Global Management, all saw their stock prices fall by at least 3%. The article, published last Sunday, stated in the preface: "The sole purpose of this article is to simulate a relatively under-researched scenario." The preface also wrote: "Hopefully, after reading this, you will be better prepared for potential left-tail risks as artificial intelligence makes the economy increasingly strange."
19:43
Flow Foundation Burned Over 50.34 Million FLOW Tokens Today
Flow.com posted on X that the Flow Foundation will permanently burn 50,343,896.87 FLOW at 12:00 PM Pacific Time today (3:00 AM UTC+8 today). In the coming months, an additional 50 million FLOW will be purchased and added to the long-term treasury.
18:54
US mortgage rates fall below 6%, matching the lowest level since 2022
According to data from Mortgage News Daily, the average rate for the most popular 30-year fixed mortgage dropped to 5.99% on Monday, matching the lowest level since 2022. At this time in 2025, the rate was 6.89%. The decline in yields is attributed to a combination of factors, including new uncertainties brought by tariffs, slowing inflation, and economic weakness reflected in last Friday's disappointing GDP report.
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