Nasdaq, Inc.

Yeah, well, it's, it was a further challenge because we decided to do the IPO.

So my former company, ATMI, we were public, and so I worked in a small cap public company, NASDAQ company.

So I, I know what it's about.

Um, but, but moving from private to public requires a massive investment to get yourself ready.

We're getting reports today of a tanker that was sunk in the Strait of Hormuz by the Iranians as they are stepping things up.

But it's it's the Nasdaq.

which we play in the world of tech that's down uh the midday was down like 450. i don't know where it's going to end down 450. what in the world does that have to do with any of the things we've seen on the inflation report or is there an ai story that's compounding everything we're seeing

well i believe that the it's the ai story overall that's very volatile so the hot cpi came in today OK, that right away has caused part of the reason that the Nasdaq went down because rates are going to go up.

So that is a big part of the reason.

Also, there is a big sell off today in semiconductors and chips, especially because there's a company called Korea Co SPI that dropped 12 percent over five days.

They were led downwards by the NASDAQ.

OpenAI apparently could not hit Wall Street's revenue expectations, unfortunately.

We talked about that recently, how the expectations are just sky high.

And so naturally, uh, it's going to happen that these big companies might not be able to hit those expectations, and when that happens, the markets react, and they did yesterday.

But first, a closer look at the action in the major indexes.

We'll kick things off with the Nasdaq composite finishing down just two tenths of a percent on the day coming off of the opening lows there.

I can even zoom in on a shorter time frame there.

So you can see erasing quite a bit of the loss there.

But still, the market, at least the parts that are good chunks of the market, are doing pretty well nevertheless.

Exactly.

I mean, to see the Nasdaq composite act, how it's acting with that interest rate factor being so sticky is pretty incredible, wouldn't you say, Ed?

Oh, yeah.

Again, market cap-wise, Nvidia and Microsoft, uh, especially, you know, those two companies, very big companies up today.

That's going to keep the Nasdaq afloat.

Google, also trillion dollar company.

Google up $1.65. That is up about a half a percent.

Of course, that will explain what is going on with your index futures, right? That is why the Nasdaq is having a little bit of a green day, up half a percent.

Up 166 now in the Nasdaq.

ES still up 30.

Russell up $4.

But there's a bit of an interesting hook to this one we'll get to in just a sec.

So she's dealing with like being an anti-NASDAQ, but also it's just been this really sort of honest thing where she's saying, hey, look, I'm a woman who is in her 50s.

This is probably the last, sorry, a single woman in her 50s.

This is probably the last 10 years of my life where I could be considered to be a sexual creature.

This will be mine and Jackie's first time working together as a choreographer and dancer.

And Brooklyn was my intern for years while she was still studying at NASDAQ.

So I've been very fortunate in...

I've been working with these two for a couple of years now, on and off.