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

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.

This story was originally featured on Fortune.com