US stocks sink over Trump tariff threats, the future of robotics in hospitals

• US major averages (DOW, S&P 500, NASDAQ) all closed down significantly, with the S&P 500 wiping out year-to-date gains.
• Serve Robotics acquired Diligent Robotics, expanding its autonomous delivery services from sidewalks into hospitals and healthcare.
• Bilt Rewards introduced new credit cards offering points for mortgage payments and capped interest rates at 10% for one year, aiming to simplify the path to homeownership.
• Analysis of the VIX index suggests that while a sudden jump often leads to short-term market dips, it historically precedes positive S&P 500 returns over longer periods (1 month to 1 year).
• The 30-year T-bond yield is nearing 5%, with historical trends indicating a potential stock market rollover when yields reach this level.
• Cryptocurrencies, including Bitcoin, also saw declines, behaving as risk assets during the market's 'risk-off' sentiment.

The video discusses a 'risk-off' day in US markets, with major indices experiencing declines due to trade war tensions and a bond sell-off. It also highlights the expansion of Serve Robotics into hospitals and Bilt's new mortgage rewards program, alongside an analysis of market volatility and bond yields.