New Record Highs As Stocks Shake Global Concerns

Written By Timmy Adami

October 9, 2024

MRKT Matrix - Wednesday, October 9th

  • Fed officials were divided on whether to cut rates by half a point in September, minutes show (CNBC)

  • DOJ indicates it’s considering Google breakup following monopoly ruling (CNBC)

  • TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand (Bloomberg)

  • Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings (CNBC)

  • Companies Had Fun Experimenting With AI. Now They Have to Show the Returns. (WSJ)

  • A Godfather of AI Just Won a Nobel. He Has Been Warning the Machines Could Take Over the World. (WSJ)

  • Amazon’s Costly Space Race Is Grounding Profit Margin Hopes (WSJ)

  • Hurricane Milton Has Reshaped Storm Science Even Before Making Landfall (Bloomberg)

Timmy Adami
Previous

Stocks Dip on Inflation & Employment Concerns
Next

Stocks Rebound As Oil Prices Ease