Market Bloodbath: Why Stocks Are Tanking on November 7, 2025
Wall Street's red wave crashes as traditional markets tumble—while crypto traders smirk behind their decentralized ledgers.
The Fed's Reckoning
Interest rate fears hammer equities as Powell doubles down on inflation fight. Traders flee to bonds—or at least pretend to care about yield curves.
Earnings Season Carnage
Big Tech misses projections by miles. Meta's 'metaverse' losses now exceed GDP of small nations. Meanwhile, Bitcoin miners post record profits—again.
Crypto's Vindication
As traditional portfolios bleed, Bitcoin holds $40K. Gold bugs and stock permabulls unite in despair. (Bonus jab: Your financial advisor still thinks blockchain is a bike lock technology.)
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Investors are also worried about the government shutdown, which has now stretched into its 37th day, the longest on record.
Labor Market Woes Hit Stocks
The latest report from outplacement firm Challenger, Gray & Christmas showed that U.S. employers slashed 153,047 jobs in October, the highest for the month since 2003. 1.09 million jobs have been cut year-to-date, the highest since 2020.
“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008. Like in 2003, a disruptive technology is changing the landscape,” said Challenger, Gray & Christmas chief revenue officer Andy Challenger.
The warehousing industry was hit hardest with 47,878 job cuts in October, exemplified by recent layoff announcements from Amazon (AMZN) and United Parcel Service (UPS).
