Market Rally Hits Pause
December 3, 2024
MRKT Matrix - Tuesday, December 3rd
S&P 500 is little changed as 2024′s relentless rally takes a pause (CNBC)
Investors have never been more confident that stock prices will appreciate (CNBC)
Wall Street Short Sellers Throwing in Towel, Citigroup Says (Bloomberg)
Trump’s currency cakeism (Axios)
Dollar dominance and the contradictions of Trumponomics (Axios)
J.P. Morgan Has Been Right About Gold for 2 Years. Here’s Their 2025 Call. (Barron’s)
Intel Considers Outsiders for CEO, Including Marvell’s Head (Bloomberg)
AT&T Gave Up on the Media Business, and Its Stock Has Surged (WSJ)
Amazon Debuts Tools to Make Data Centers Less Power Hungry (Bloomberg)
Musk’s Multibillion-Dollar Pay Package Is Rejected Again by Judge (WSJ)
Tesla China Shipments Fall Again Amid Hopes for Bumper Quarter (Bloomberg)
SpaceX Weighs Tender Offer at Roughly $350 Billion Valuation (Bloomberg)
BlackRock Buys Credit Firm HPS in $12 Billion All-Stock Deal (Bloomberg)
The race is on to make AI agents do your online shopping for you (TechCrunch)