Inflation Data Weighs On Post-Election Rally

Written By Timmy Adami

November 13, 2024

MRKT Matrix - Wednesday, November 13th

  • Stocks are little changed as postelection rally falters, traders weigh new inflation data (CNBC)

  • Markets are priced to perfection on the Trump trade. Here’s why that could be a problem (CNBC)

  • Inflation Picked Up in October; CPI Up 2.6% on Year (Wall Street Journal)

  • Netflix Says 70 Million Users Now Watch Shows With Advertising (Bloomberg)

  • Donald Trump’s potential antitrust enforcers may keep Big Tech in their sights (Financial Times)

  • SoftBank first to receive new Nvidia chips for supercomputer (Reuters)

  • OpenAI, Google, and Anthropic Are Struggling to Build More Advanced AI (Bloomberg)

  • Database Provider Snowflake Steps Into AI-Powered Search (The Information)

  • Advertisers set to return to X as they seek favour with Elon Musk and Donald Trump (Financial Times)

  • Inside VW and Rivian’s $5.8 Billion Bet to Rescue Each Other (Wall Street Journal)

Timmy Adami
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The Post-Election Rally Takes A Breather