📈Market Recap: What’s Moving the Markets?

• Tech Sector Turbulence: The Nasdaq has experienced a 12% decline from its recent highs, similar to the early 2000s dot-com bust. This downturn is attributed to factors such as fluctuating U.S. tariffs, declining consumer confidence, and decreased manufacturing orders.

• The market is in the red during Trump’s presidency in part because of the uncertainty the administration’s trade policy has caused. The Nasdaq has fallen more than 7% since Trump took office, and the S&P 500 is down more than 4%.

• Emerging Risks: Investors are increasingly concerned about potential recession indicators, inflation pressures due to tariffs, and heightened global competition in the AI sector. Additionally, Chinese firm Deepseek’s introduction of a cost-effective AI chatbot has intensified the competition, leading to significant declines in U.S AI stocks.

📊Key Takeaways: The Market is experiencing a complex path of economic uncertainties and technological advancements, urging investors to stay informed and agile.

🚀 Startup Spotlight: Humane Inc.

Humane Inc. is a notable player in the AI and consumer electronics space. Founded in 2018 by former Apple employees Imran Chaudhri and Bethany Bongiorno, Humane developed the Ai Pin, a wearable voice-operated virtual assistant. Despite initial excitement, the Ai Pin faced challenges post-launch, leading to HP acquiring most of Humane's assets in February 2025.

• What makes them unique? Humane aimed to revolutionize personal technology with a screenless, AI-driven device, pushing the boundaries of user-device interaction.

• Why it matters? The journey of Humane highlights the potential and challenges in integrating AI into consumer products, offering valuable insights for future generations in the tech industry.

• Future Outlook: With HP's acquisition, Humane's technology and team are expected to contribute to HP's AI initiatives, potentially leading to new AI-integrated products and services.