Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to have you here on this Tuesday, November 18th. I'm Julie Morgan.

Bitcoin slides below 90K. Amazon raises big money for AI, and there's a new AI tool that is shaking the travel sector.

Bitcoin fell below $90,000 on Tuesday for the first time since April.

As of the time of this recording, BTC is trading above $91,000.

The cryptocurrency has wiped out its gains for 2025 and now sits nearly 30% below its October peak above 126,000.

It was down around 9.5% over the last five days after breaking key technical support around 98,000 last week.

The cryptocurrency last fell below this level seven months ago,

sliding to a low of 74,400 after President Trump's initial tariff plans were rolled out.

The latest downturn comes as economic pressures intensify with renewed worries over interest

rates and increasingly stretch valuations across

speculative assets. As traders scale back expectations for a Federal Reserve rate cut in December,

inequities retreat from recent highs, risk sentiment has weakened, leaving Bitcoin exposed to further

losses. Amazon has raised $15 billion in its first

U.S. dollar bond offering since 2022, making it the latest tech giant to turn to debt markets

to help fund massive investment in AI. The company sold investment- grade notes in six parts on Monday,

according to a filing with the Securities and Exchange Commission. Amazon said it plans to use

the sale proceeds for repayment of debt, acquisitions, investments, investments in subsidiaries,

capital expenditures, stock buybacks, and working capital.

Sources told Bloomberg news the bond attracted about $80 billion in demand at its peak,

before orders were cut in half as borrowing costs fell during the sell process.

Tech companies are ramping up investments on AI infrastructure to meet surging demand.

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