U.S. futures signal the carnage in tech stocks over the last 24 hours may be overdone ...Middle East

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Good morning. On Fortune’s radar today:

Markets: Futures point to a pause in the carnage. Elon Musk loses $113 billion from his net worth. The Supreme Court is to blame for the political chaos in the U.S., Macquarie says. Dan Ives, Wall Street’s loudest tech bull, has a rare moment of doubt. Quote of the day: “This time feels different.” Increased payments to HR recruiters signal a boom in jobs. 20% of oil refineries may close after “peak oil” hits. AI bots are lousy at shopping.

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