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The global economy is starting to look K-shaped. Here are the winners and losers, and where the U.S. fits. Bitcoin slides below $82,000 as crypto liquidations surge past $770 million Meta launches Muse Wonder AI models, challenging top rivals PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023 KOSPI Drops 5% as China’s CXMT Chip Advance Hits Samsung and SK Hynix BlackRock cuts US stocks to neutral and buys Treasuries as 10-year yield nears 5.25% Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks Danfoss says hacked controllers behind 50C French supermarket fridges ran old firmware The global economy is starting to look K-shaped. Here are the winners and losers, and where the U.S. fits. Bitcoin slides below $82,000 as crypto liquidations surge past $770 million Meta launches Muse Wonder AI models, challenging top rivals PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023 KOSPI Drops 5% as China’s CXMT Chip Advance Hits Samsung and SK Hynix BlackRock cuts US stocks to neutral and buys Treasuries as 10-year yield nears 5.25% Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks Danfoss says hacked controllers behind 50C French supermarket fridges ran old firmware
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BTC 66 POST 53 ETH 28 JST 24 XRP 22 NDAQ 21 NXTT 20 MSTR 16

Why Ciena, Lumentum and other optical stocks were among the market’s biggest losers on Monday

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The sharp moves could partly be a reaction to recent cautious commentary on AI spending.

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