Stock Market Today

Tariff Shock Triggers Tech Rout, Bitcoin Holds $65K as Institutional Flows Diverge

July 24, 2026·2 min
Episode Description from the Publisher

Markets closed sharply lower Thursday as Trump's new tariff wave collided with Big Tech's AI spending concerns, erasing nearly nine hundred billion dollars from Magnificent Seven stocks. Bitcoin demonstrated relative strength near sixty-five thousand dollars while equity markets suffered their worst day in a month. We cover the diverging institutional flows across asset classes, the collapse of mid-tier crypto infrastructure with BitMEX's shutdown and Poolin's bankruptcy, and accelerating real-world asset tokenization led by Uniswap's permissioned pools. Plus, the SEC sets September talks on twenty-four-hour stock trading, Intel crushes expectations with a turnaround quarter, and the CLARITY Act misses its August deadline as Senate leadership signals delays. Essential intel for navigating cross-asset volatility and sector rotation as macro pressures mount.

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