June 11, 2024 Crossing Wall Street
Morning News: June 11, 2024
Nigeria Confronts Its Worst Economic Crisis in a Generation
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
Philippines Sees Nuclear as Long-Term Replacement for LNG
Wall Street Ties to Amazon Depletion Mapped Out in New Report
ECB’s Lane Says Euro Moves Haven’t Impacted Inflation
Fed Is in No Rush to Cut Rates as Economy Holds Up
Fed’s Higher-for-Longer Stance Hits Firms That Expected Rate Cut
For the Descent, Follow the Dots
As Supreme Court Decisions Loom, a Legal Assault Is Weakening SEC’s Power
Alexander Hamilton’s Bank Is Getting a New Name: BNY
Hedge Funds Pile Into Copycat Quant Trades They Once Derided
Segantii Insider Case Hinges on a Market-Moving Block Trade
Food Companies Hope You Won’t Notice Shortages Are Raising Prices
Foraging on Public Lands Is Becoming More Limited
First Came ‘Spam.’ Now, With A.I., We’ve Got ‘Slop’
Apple’s ‘AI for the Rest of Us’ Plan Gets Lukewarm Reaction
Can Apple Rescue the Vision Pro?
Nvidia Stock Slips. Why It Didn’t Benefit From an Apple Boost
Tether to Invest More Than $1 Billion in Deals Over Next Year
PR Founder-Turned-VC Investor Bucher Raises $150 Million for New Fund
Budget Computer Maker Raspberry Pi Soars in Opening Trade
French IT Firm Atos Accepts Rescue Bid From Onepoint Consortium
GM Authorizes $6 Billion Buyback as It Books Better EV Profits
Ikea Lost $5,000 When Each Worker Quit. So It Began Paying More
‘Anti-Woke’ Shareholders Are Going After Corporate Boards
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Posted by Eddy Elfenbein on June 11th, 2024 at 7:07 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
