🚫 The internet worldwide went down due to a major outage at Cloudflare — a company that provides a significant part of the global internet infrastructure (CDN, DNS, traffic protection and routing).

Social networks, online games, and various services are massively unavailable — from Twitter and Spotify to OpenAI and AWS.

I guess crypto went down so much it took the internet down too 🤣

🛫@MarketMatrixAI

To all the crypto investors watching with nerves on edge:

Since 2017, Bitcoin has experienced:

1. More than 10 drops of -25% or deeper
2. Six drops of -50% or more
3. Three drops of -75% or more

Every decline of this size—or larger—throughout Bitcoin’s history has eventually been followed by new all-time highs.

Disruption is demanding, but tuning out the noise is what ultimately pays.

This is a “routine” crypto bear market, and we believe it’s already closer to the end than the beginning.

Volatility creates opportunity.

🛫@MarketMatrixAI

BREAKING: The S&P 500 has extended its drop to more than -1% on the day, sliding to its lowest level since October 14th.

🛫@MarketMatrixAI

BREAKING: The US and Saudi Arabia are preparing to announce a deal involving a “multi-billion-dollar” investment in American AI infrastructure through “dozens” of separate commitments.

This will come as part of a broader pledge to invest $600 billion in the US.

🛫@MarketMatrixAI

BREAKING: The Dow’s 5-day slide has now stretched to nearly -2,000 points as the selloff moves beyond crypto.

This still looks like a routine correction in equities.

Nvidia, $NVDA, earnings tomorrow could change everything.

🛫@MarketMatrixAI

BREAKING: US companies shed roughly -2,500 jobs per week in October, according to ADP data.

The US Labor Department also reports that initial jobless claims reached 232,000 for the week ending October 18th.

🛫@MarketMatrixAI

BREAKING: Nvidia, Microsoft, and Anthropic have announced new strategic partnerships.

Key details include:

1. Anthropic committing to purchase $30B of Azure compute capacity
2. Nvidia investing $10 billion in Anthropic
3. Microsoft investing $5 billion in Anthropic
4. Nvidia and Anthropic collaborating on design and engineering
5. Nvidia and Anthropic forming a “deep technology partnership”

Another multi-billion-dollar AI deal has landed.

🛫@MarketMatrixAI

BREAKING: The Fear & Greed Index has dropped to 9, its lowest reading since April 11th.

This “Extreme Fear” level matches the sentiment last observed at the April 2025 market bottom.

Yet the S&P 500 is only -4% below its all-time high and remains +37% above the April low.

This is simply NOT the type of reading seen before a market crash.

🛫@MarketMatrixAI

BREAKING: Crypto has turned green, with Bitcoin approaching $94,000 just hours after dropping below $90,000 for the first time in seven months.

🛫@MarketMatrixAI

Some perspective:

1. Bitcoin experiences an average of 2 declines of -20% or more per year.

2. Ether experiences an average of 3 declines of -20% or more per year.

3. The S&P 500 experiences an average of 4 declines of -5% or more per year.

4. The Nasdaq 100 experiences an average of 4 declines of -5% or more per year.

5. Gold experiences an average of 1 decline of -10% or more per year.

6. The VIX spikes above 20 roughly 40 times per year.

7. The average S&P 500 stock declines -20% once every 12 months.

Zoom out and ignore the noise.

🛫@MarketMatrixAI

BREAKING: Saudi Arabia announces that it will increase its investment in the US to $1 trillion following a meeting with President Trump.

🛫@MarketMatrixAI

US Treasury issuances are skyrocketing:

The US government sold $693.5 billion in Treasuries last week through 9 auctions over 3 days.

Of that total, $549.1 billion came from T-Bills with maturities ranging from 4 to 52 weeks.

At the same time, $144.4 billion in notes and bonds were issued, including $48.5 billion in 10-year notes and $28.9 billion in 30-year bonds.

The total amount of outstanding T-Bills has now reached a record $6.59 trillion, doubling since 2020.

As a percentage of marketable Treasury securities, T-Bills have risen to ~22%, near the highest level since 2021.

US government borrowing is rising at a crisis pace.

🛫@MarketMatrixAI

BREAKING: President Trump says he believes he already knows who the next Fed Chair will be and that interviews are underway.

Trump also states he would "love to get Fed Chair Powell out right now," but "people are holding him back" from firing him.

🛫@MarketMatrixAI

BREAKING: In a 427-1 vote, the US House of Representatives has passed a bill to release the Epstein files.

The bill now heads to the Senate.

🛫@MarketMatrixAI

The elephant in the room:

What happened to Europe?

While US and Chinese AI companies are announcing trillions of dollars in AI deals, the EU is rolling out a $1.1 billion AI plan to “ramp up AI.”

There is virtually no competition coming from the EU when it comes to AI startups.

How did Europe fall so far behind?

🛫@MarketMatrixAI

BREAKING: President Trump says the US must establish a "Federal Standard" for AI that prevents "Woke AI."

🛫@MarketMatrixAI

What is driving the massive job cuts in the US?

US-based employers have announced 1,099,500 job cuts in the first 10 months of 2025, the second-highest total since 2009.

20.9% of those layoffs were driven by "unfavorable" market and economic conditions.

7.0% of job cuts were made to reduce costs, while 4.4% were as a result of AI.

In October alone, US companies announced 153,074 job cuts, the worst October in 22 years.

32.9% of October's cuts were due to cost-cutting, 20.3% due to AI, and 13.8% due to market and economic conditions.

AI automation is only part of the narrative for layoffs.

🛫@MarketMatrixAI

BREAKING: Former Treasury Secretary Larry Summers announces his resignation from OpenAI's board following the release of his emails with Jeffrey Epstein.

🛫@MarketMatrixAI

US mass layoff warnings are rising at a concerning pace:

39,006 Americans were given advance layoff notice in October, the 2nd-highest since the 2020 pandemic.

These notices are issued under the Worker Adjustment and Retraining Notification (WARN) Act, which obligates covered employers to provide at least 60 days of notice before a mass layoff or plant closing.

This marks a +162% spike since August, when 14,900 Americans received such notice.

Since 2006, WARN notices have only been higher in 2008, 2009, 2020, and May 2025.

As a result, the 12-month average rose to 26,927, matching levels seen in 2008.

More mass layoffs are coming.

🛫@MarketMatrixAI

It's officially Nvidia earnings day:

Even with a +35% gain this year, Nvidia's forward P/E has dropped from 31.0x to 29.5x.

The stock is literally getting “cheaper” as it rises.

Options markets are pricing in a post-earnings move of 7.5% for Nvidia's stock, $NVDA.

At a $4.4 trillion market cap, that implies a +/- $330 billion swing in market capitalization.

The base case anticipates one of the largest post-earnings market-cap moves for any stock in history.

Buckle up, folks.

🛫@MarketMatrixAI

"College students prefer socialism to capitalism," per Axios Poll.

🛫@MarketMatrixAI