Markets: $2.8 Trillion Erased in 24 Hours
$2.8 trillion wiped from stocks, gold, silver and crypto after Alphabet AI spend rose to $205 billion, 10-year yields hit 4.714% and oil spiked on Red Sea attacks.
SourceAnalysis
Markets erased $2.8 trillion from stocks, gold, silver and BTC in 24 hours after Alphabet lifted 2026 AI spending to $195-205 billion, the 10-year Treasury yield reached 4.714% for the first time since January 2025, oil hit a 42-day high on Houthi tanker strikes and odds of a September Fed hike jumped to 82%, amplifying crypto market crash pressure and exposing AI industry impact alongside geopolitical oil shocks and crypto correlation.
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