The following is neither a hoax nor a conspiracy do not adjust your computer telephone tablet or television we will be controlling all that you seen and hear and maybe even what you think so sit back relax and enjoy the world of Cognitive Biases. In less than 20 years the internet revolution has had a deep impact on Human Behavior of an all of a media so that today it even affects the way we think. Imagined and invented stories and even outright lives have become prominent in our media landscape how could this be. What underpins the popularity. Why is it that weve come to down to expert testimony. Or. Could it be that our brains are predisposed towards compelling nonsense. When the World Wide Web was invented in the 1990 s. It was imagined as a democratic space that would provide everyone direct access to all of Human Knowledge yet today it seems knowledge is being eclipsed by conviction and we are all it risk of being dragged down into a democracy of the gullible. Usual greece agrees
The following is neither a hoax nor a conspiracy do not adjust your computer telephone tablet or television we will be controlling all let you seen and hear and maybe even what you think so sit back relax and enjoy the world of Cognitive Biases. And less than 20 years the internet revolution has had a deep impact on Human Behavior than all other media so that today it even affects the way we think. Imagined and invented stories and even outright lives have become prominent in our media landscape how could this be. What underpins that popularity. Why is it that way for. Come to down to expert testimony. Could it be that our brains are predisposed towards compelling nonsense. When the World Wide Web was invented in the 1990 s. It was imagined as a democratic space that would provide everyone direct access to all of Human Knowledge yet today it seems knowledge is being eclipsed by conviction and we are all at risk of being dragged down into a democracy of the gullible. Poor usual greece e
Tesla come over the past three days, falling 18 . We have not seen that since the march selloff. We are kind of entering correction territory. Joe we saw a really incredible runup. For more, joining us, katie cry filled. A lot of people saying this was due, there were signs of this happening. Why didnt you tell us yesterday . This could have saved a lot of pain. It is a little frustrating because today it seems there is no real catalyst except for how stressed things god. Tech isn saying overvalued for weeks and months. Today is the first day that it has actually traded like it. 100s worste nasdaq drop since march. The high flyers were dragging the index down. Trying to press people for an , we have beenday seeing some worrisome signals from the Options Market in the last week. The fix and the nasdaq volatility index have been rising along with the index. You did see those warnings in the past week. Hadeems like that dynamic to break at some point. Caroline the joy of hindsight maybe w
Aigail, it felt like broadbased selloff within the s p 500 all the way down to tech stocks. Abigail it was a broad selloff. A far more concentrated as you were just mentioning with the mega cap tech stocks. There was weakness for tech. The dow had been higher. That tells you the degree, the dow closing sharply as well. The closing pressure came for tech stocks. The worst day since march. The faang index down. Tesla down 9 . The stocks and chips also down 5. 7 . And you were mentioning that this was the correction folks were looking for. Tesla up out of the march low. Plus the stocks split for tesla and apple. People wondering when the hangover would come. Today seems to be the case. Perhaps a little bit too far, too fast. We also have bearish action. Broadcom put up a beat, but it was narrow. Beating sales by less than 1 . One of the tech fires that was really not that great. And doc you sign after a really bearish day. This stock up 227 on the year, 4. 6 bearish. Another case of too f
150,000 mark as texas, california and florida see record fatalities. Infections spike in china, hong kong and japan as well. Hill. Tech titans on the the ceos of amazon and alphabet and Facebook Face a virtual grilling over antitrust. Haidi lets get you started with a check of the markets. U. S. Futures opening flat, slightly higher that by. 1 . This after we saw u. S. Stocks extending gains in the regular session, the dollar declining estate as dovish as possible. The s p 500 gained more than 1 , adding to the july rally. 11 sectors were higher with tech leading the way. As i mentioned earlier, we are seeing that big tech antitrust showdown in congress ongoing at the moment. Nasdaq composite and at 1. 4 high. At a oneweek. The dollar weakness really resumed with the fed sticking with low rates. Look at what oil is doing. It has been the weak dollars supporting oil prices. We continue to see these gains of 41 a barrel. It was also propped up in the new york session by the biggest decli