MRKT Matrix - June 28th

• Nvidia Stock Had a Stunning First Half. Why There Are Nerves About the Second. (Barron’s)
• JPMorgan’s Kolanovic Warns S&P 500 Will Plummet 23% by Year-End (Bloomberg)
• Goldman’s Rubner Sees Market Correction Ahead of ‘Unloved Rally’ (Bloomberg)
• Consumer Optimism About Stocks Hits Three-Year High, NY Fed Says (Bloomberg)
• Slowing U.S. Inflation Fuels Expectations of Interest Rate Cuts (WSJ)
• Nike’s Biggest Drop in 23 Years Puts Pressure on CEO Donahoe (Bloomberg)
• Microsoft and Eli Lilly are among the most overbought stocks as the first half ends (CNBC)
• Chewy’s stock slides one day after Roaring Kitty’s cryptic dog post (MarketWatch)
• Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work (CNBC)
• Goldman Sachs Deploys Its First Generative AI Tool Across the Firm (WSJ)
• Amazon Leans Into Generative AI to Manage Its Finances (WSJ)
• Democrats Discuss Replacing Biden on Presidential Ticket (WSJ)
• Biden says, ‘I can do this job,’ as betting markets put chance of re-election at new low (MarketWatch)

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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