MRKT Call
MRKT Call
RiskReversal
Apple Hits New Highs on AI Optimism, Fed & CPI Preview
7 minutes Posted Jun 11, 2024 at 8:23 pm.
0:00
7:04
Download MP3
Show notes

MRKT Matrix - Tuesday, June 11th

  • S&P 500, Nasdaq close at fresh highs Tuesday as Apple pops more than 7% (CNBC)
  • Davidson upgrades Apple, says iPhone maker will be first to get people to really use AI (CNBC)
  • Nvidia’s high will eventually come down (Axios)
  • What to Expect From Wednesday's Closely Watched CPI Inflation Report (Investopedia)
  • JPMorgan’s equity strategist says stocks are ignoring ‘abundant’ risks, sees maybe one Fed cut (CNBC)
  • Bitcoin Faces ‘Crucial’ 36 Hours on Heightened Sensitivity to US Yields (Bloomberg)
  • Pimco Warns of More Regional Bank Failures on Property Pain (Bloomberg)
  • GM board approves new $6 billion share buyback authorization (CNBC)
  • Starbucks joins the value menu wars with a new discounted offer (CNN)
  • Retailers are finally cutting prices. Will it last? (Washington Post)


---

Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe


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