Wall Street eats its forecasts as stocks sell off on fear of AI bubble ahead of SpaceX IPO
Stocks are selling off globally this morning as unhappy investors see the price oil rising again—because of renewed conflict in the Middle East—and President Trump’s inability to rein in Israeli Prime Minister Benjamin Netanyahu. There’s also a total meltdown in semiconductor stocks—a bad sign for the SpaceX IPO on Friday. The VIX fear index is…