2024's Biggest Winners & Losers So Far

Written By Timmy Adami

June 28, 2024

MRKT Matrix - Thursday, 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)

Timmy Adami
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