- Market Briefing
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- Page 14
Market News
Bullish or bearish?
Tame producer price data soothes inflation concerns, S&P, Nasdaq end sharply higher on soft inflation data, Apple plans to overhaul entire Mac line with AI chips, brokerages shift Fed rate-cut expectations to September, and Cathie Wood muscles into ChatGPT boom with new OpenAI stake…e unveils custom Arm-based chips, small-business sentiment slides to 11-year low, gold hits another record awaiting inflation print, and Boeing hit with new whistleblower allegations…
Border boon?
Border crisis might be a boon for the economy, US and China need ‘tough’ conversations Yellen tells Li, Southwest Boeing 737 engine cover falls off prompting investigation, gold retreats, and Elon Musk claims Reuters is ‘lying’ over report Tesla scrapping plans for low-cost EV…
Strange pairing
Yellen launches contentious economic meetings with China, Ford postpones rollout of new EVs as demand wanes, bipartisan $78B tax deal hits GOP roadblock, silver prices settle near a three-year high, and Alphabet reportedly weighing offer for HubSpot (a strange pairing)…
The new dream car?
AT&T discloses leak of 73 million accounts to dark web, Xiaomi releases electric 'dream car' to take on Tesla, consumer sentiment climbs to 2 ½-year high, China factory activity expands for first time in 6 months, Tupperware warns close to going out of business after 77 years…