> Amazon dethroned Walmart in sales but the truth is complicated

February 23, 2026 

Happy Monday. The Supreme Court struck down President Donald Trump's emergency powers, prompting a market rally on Friday. That rally is coming undone today after Trump imposed a temporary 10% tariff on all global imports, which he raised to 15% this weekend. Intraday, the Russell 2000 and Dow fell nearly 2%, while the Nasdaq and S&P 500 fell over 1%.

> Live Blog: Trump's new 15% tariff prompts market tumble

Can science fiction shape the market? A new note from Citrini Research lays out a "hypothetical" wherein artificial intelligence (AI) brings about 10% unemployment, a nearly 40% decline in stocks, and "ghost GDP." After a splash on social media platform X, financial media says it's playing a role in Monday's market tumble. If it really is, what does that say about the market? 

Continue on TheStreet.com: This financial researcher warns of double-digit unemployment, stock market crash if AI works

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> Samsung delivers a hard-nosed shocker to Micron

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> Nvidia is back in the PC game with AI powered laptop chips

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