Inflation Data Weighs On Post-Election Rally
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)