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Useless thread MMV: John Price threw a Diddy party for his plushies

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The S&P 500 fell 237 points, or 4.4%, to 5,159 as of 10:56 a.m. EST. The Dow Jones Industrial Average tumbled 1,475 points, or 3.6%, and the Nasdaq Composite slid 4.6%.

The indexes' free-fall Thursday was their biggest one-day drop since 2020, with more than $2 trillion in investor wealth erased from the S&P 500. The Dow and S&P 500 each sank more than 4% yesterday, while the tech-heavy Nasdaq plunged nearly 6%.


Drops of this magnitude aren't unheard of on Wall Street, but they're rare. Over the last 25 years, the S&P 500 has fallen 4% in a single day 38 times, according to Adam Turnquist, chief technical strategist for brokerage firm LPL Financial.
 
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Alexandr Wang is the founder and CEO of Scale AI, a platform that provides data training for AI programs. In 2021 he was named the youngest self-made billionaire in the world by Forbes at the age of 24.
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Theo is joined by Alexandr Wang to talk all about AI and how it’s changing our world fast. They discuss Alex’s choice to drop out of MIT to pursue this field full time, the debate over whether it’s creating or eliminating jobs, and how soon regular people will start to see these programs in their everyday lives.&nbsp;
 
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