MRKT Matrix - Thursday, September 11th

• Dow jumps 600 points to record as August inflation increase likely won't derail Fed rate cut (CNBC)
• Firm Inflation, Soft Jobs Data Pull Fed in Opposing Directions (WSJ)
• Gold Surpasses Inflation-Adjusted Record High Set in 1980 (Bloomberg)
• Alphabet, Meta, OpenAI, xAI and Snap face FTC probe over AI chatbot safety for kids (CNBC)
• OpenAI’s $350 Billion Computing Cost Problem (The Information)
• Alibaba and Baidu Adopt Their Own AI Chips in Major Shift for Chinese Tech (The Information)
• Plane carrying Hyundai, LG workers detained in immigration raid departs for South Korea (CNBC)
• Hyundai Says Battery Plant Delayed After Immigration Raid (Bloomberg)
• Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery (WSJ)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs