Just two days after reaching a peak with a 750-point gain, the Dow closed down 530 points on Thursday amid continued sell-offs of AI and tech stocks. As the day ended, the Dow Jones Industrial Average was down 533 points, or 1.2%, to 40,665. Meanwhile, the S&P 500 and Nasdaq both shed 0.7%.

The Dow plunges 530 points as investors keep dumping AI and tech stocks

Fox Business

A new analyst note from BCA Research suggests the S&P 500 could slide as much as 30% within the next year as the U.S. economy enters a deep recession.

Stocks could fall 30% as US heads for a deep recession, analyst warns

Tech and AI stocks declined on Wednesday, causing the Nasdaq and S&P 500 to drop sharply as investors reacted to potential new export controls under the Biden administration and comments on Taiwan by former President Donald Trump. The Dow Jones Industrial Average, which closed almost 750 points higher the day before, was flat on Wednesday.

The S&P 500 and Nasdaq tank as investors dump AI and tech stocks

The Motley Fool

Companies that perform stock splits are usually firing on all cylinders.

3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar By as Much as 100%, According to Select Wall Street Analysts

It wasn't easy to double in 2024, but these three stocks made it happen. They might be able to do it again.

3 Stocks That Can Double Again in 2024

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Nahjae Olin was born and raised in the Bronx, New York City. She and five of her siblings grew up in a one-bedroom apartment just one block away from the place she now calls home. In 2019, the 26-year-old preschool teacher had just moved back in with her family after...

26-year-old won the NYC housing lottery, pays $881/month for a 1-bedroom apartment: How the process works

Business Insider

Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal.

Cathie Wood says she wouldn't have sold Nvidia stake 'had we known that the market was going to reward it'

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

When Kema Ward-Hopper uprooted her family — and career — to relocate from the U.S. to Costa Rica six years ago, she wasn't sure what to expect. She and her husband Nicholas quit their corporate jobs as a research analyst and mortgage broker, respectively, in Houston, Texas, to pursue new careers as entrepreneurs abroad.

I quit my job in the U.S. and moved to Costa Rica—now I work 25 hours/week and am 'a lot happier'

The Shy Green

Salt Life Beer, a beloved brand synonymous with ocean enthusiasts and craft beer lovers, is facing turbulent times as it files for Chapter 11 bankruptcy. Known for its crisp and refreshing lager inspired by the sea, Salt Life Beer has become a staple for those who cherish the ocean's allure.

Another famous beer brand is going bankrupt and will file for Chapter 11

Los Angeles, CA

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. After graduating from Syracuse University in 2017 and spending three years working corporate jobs in both advertising and marketing in New York City, Vienna Hintze wanted a change.

29-year-old quit her job to sell flowers from a pickup truck—now she brings in up to $16,000 a month

Minnesota State

DayTripper

The hit History Channel series "American Pickers" is gearing up for an exciting return to Minnesota this fall. The show's production team has announced plans to film episodes throughout the state in September 2024, offering locals a chance to showcase their unique collections and share their stories with a national audience.

"American Pickers" Set to Unearth Minnesota's Hidden Treasures

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Bucks County Beacon

“[I]nvoking the favor and guidance of Almighty God,” the Constitution of the Confederate States of America composed by southern slaveholders in 1861 sought to “establish justice, insure domestic tranquility, and secure the blessings of liberty to ourselves and our posterity.” The authors of Project 2025, the latest playbook for restructuring the federal government in order to accomplish the policy goals of Christian Nationalists, similarly declare their manifesto will “decide America’s future” by securing their “God-given individual rights to live freely” and exercise dominion over others.

Legislating Inequality: The Christian Confederate Roots of Project 2025

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

CNBC's Steve Kovach joins 'Squawk Box' with the latest developments on the global IT outage.

Major technical outages worldwide: Here's what to know

Margaret Minnicks

WVTF reported that a new Virginia law will become effective on July 1, 2024. The law will prevent utility companies from disconnecting services on various occasions, which could leave someone without power for days.

A new law will keep utilities from being disconnected on weekends and holidays in Virginia

Excitement surrounding stock splits has taken Wall Street by storm in 2024. July has been a busy month, with an international conglomerate, high-end retailer, and artificial intelligence (AI) networking solutions provider all executing forward splits. However, Wall Street's newest stock-split stock has a $24 billion market cap that's built atop...

Wall Street's Newest Stock-Split Stock Should Be Avoided Like the Plague -- and I'm Not Talking About Broadcom

TheStreet

Her flagship Ark Innovation ETF has slumped 11% year to date.

Cathie Wood unloads $8 million of surging tech stock

NewsBreak

China is the single biggest existential risk to chip stocks, says Melius’ Ben Reitzes

Ben Reitzes, Melius Research head of technology research,...

China is the single biggest existential risk to chip stocks, says Melius’ Ben Reitzes

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