Doomsday for Global IT
July 19, 2024
MRKT Matrix - Friday, July 19th
Dow drops, S&P 500 has worst week in 3 months (CNBC)
‘Largest IT outage in history’ leaves world reeling (CNBC)
Activist Elliott Takes Big Stake in Starbucks (WSJ)
Morgan Stanley says there’s an AI opportunity investors are missing — and this chip stock is top way to play (CNBC)
Elon Musk’s crusade against California is seeing Tesla sales in the Golden State plummet while demand for Rivian EVs soar (Fortune)
Trump Vows to End Electric Vehicle ‘Mandate’ on Day One (Bloomberg)
Economists Trim US Inflation Forecasts, Paving Way for Fed Cut (Bloomberg)
‘Greatest Bubble’ Nearing Its Peak, Says Black Swan Manager (WSJ)
