Stocks tumbled after a short-lived rally, with investors bracing for the Fed’s next move. Google’s record-breaking $32 billion acquisition of Wiz signals a major shift in Big Tech, while Nvidia’s AI dominance continues to grow with new chips and a game-changing GM partnership. Plus, Morgan Stanley is slashing 2,000 jobs, and all eyes are on Jerome Powell’s remarks—will rate cuts come sooner or later?
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