‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO ...Middle East

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Good morning. On Fortune’s radar today:

Markets: Red alert over global selloff. “We didn’t see this coming”: Economists are eating their job forecasts. AI bubble fears are back on the table ahead of Friday’s SpaceX IPO. Strip out AI and the growth story cracks. “There be dragons”: BofA notes that inflation could surpass unemployment. Meet the woman forced out of Goldman Sachs because she baked a lot of elaborate cakes.

This story was originally featured on Fortune.com

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