No doubt, you all saw that Citrini's Substack post (co-authored by my friend
@alapshah1) moved the market yesterday.
Bloomberg captioned the market sentiment pretty well: "Software, Payments Shares Tumble After Citrini Post on AI Risks."
Which resulted in...
IBM: -13% (worst single-day drop in 26 years)
DoorDash, AmEx, KKR: -8%
Visa, Mastercard: -3%