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  /  All News   /  ‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

  

Good morning. On Fortune’s radar today:

  • Markets: Red alert over global selloff.
  • “We didn’t see this coming”: Economists are eating their job forecasts.
  • AI bubble fears are back on the table ahead of Friday’s SpaceX IPO.
  • Strip out AI and the growth story cracks.
  • “There be dragons”: BofA notes that inflation could surpass unemployment.
  • Meet the woman forced out of Goldman Sachs because she baked a lot of elaborate cakes.

This story was originally featured on Fortune.com

   

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