Dimon warns of possible 20% market correction

5 articles I'm watching carefully

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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Dimon warns of possible 20% market correction

JPMorgan CEO Jamie Dimon said he's 'far more worried than others' about markets, citing inflation, weak job growth, and global instability. He warned of a potential 20% correction within 6–24 months despite recent equity highs driven by AI-fueled momentum.

Google stock dips despite Gemini Enterprise AI rollout

Alphabet launched Gemini Enterprise at $30/user/month to expand AI in the workplace. Despite the announcement, Google stock slipped 1% to 240.31. Shares remain up 28% YTD, outperforming the S&P 500. Analysts see AI as key to boosting Google Cloud’s competitive edge.

Bank of America raises Palantir target to $215 amid AI momentum

BofA raised its Palantir target to $215, citing strong demand for its AI software and government contracts. Shares are up 140% YTD. Forecasts project $18B revenue by 2030, but with a 134x sales multiple, PLTR remains the S&P 500’s most expensive stock by a wide margin.

🪙 Crypto

S&P Global launches blended crypto-stock index

S&P Global unveiled the Digital Markets 50 Index, combining 15 tokens with shares of 35 crypto-linked firms. The move signals broader investor access to diversified crypto exposure, as multi-asset ETFs begin expanding beyond Bitcoin and Ether holdings.

🌎 Global Economy

Gold hits $4,000 amid global risk surge and central bank demand

Gold surged past $4,000/oz as investors seek safety from geopolitical conflict, US tariffs, inflation, and global trade tensions. Central bank purchases and low rates added momentum. Analysts expect the rally to extend into 2026 amid persistent economic uncertainty.

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