June 6, 2024 Crossing Wall Street
Morning News: June 6, 2024
Drought Reduces Zambian Corn Harvest to 14-Year Low
Billionaire-Friendly Modi Humbled by Indians Who Make $4 a Day
Trafigura’s Profit Drops 73% as Trading Boom Cycle Fades
Copper’s Spike Isn’t Justified By Fundamentals, Trafigura Says
Bank of Canada Cuts Rates to Become First G-7 Central Bank to Ease Policy
ECB Expected to Announce Interest-Rate Cuts
The Fed Is Getting Left Behind on Cuts. That’s OK
U.S. Government Debt Is A Growing Concern
Americans Have More Investment Income Than Ever Before
Robinhood Doubles Down on Crypto With Deal for Bitstamp
‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President Says
Office Building Losses Start to Pile Up, and More Pain Is Expected
US Payroll Gains May Be Overstating Labor Market Strength
AI’s Hidden Workers Are Stuck in Dead-End Jobs
U.S. Clears Way for Antitrust Inquiries of Nvidia, Microsoft and OpenAI
Nvidia’s Rise to $3 Trillion Fuels ‘Jensanity’ in Tech World
Is OpenAI’s Sam Altman the Right Leader for the AI Age?
Sam Altman Was Bending the World to His Will Long Before OpenAI
‘This Is Going to Be Painful’: How a Bold A.I. Device Flopped
NIO’s First-Quarter Loss Widened on Lower EV Sales
Bob Kelley, Who Made the Kelley Blue Book an Authority on Cars, Dies at 96
Why Lululemon’s Stock Is Going Out of Fashion
The NBA’s Superstar Lull Ignites Challengers to Nike’s Reign
Five Below Cuts Outlook on Lower Consumer Base Spending Levels
Remy Martin Sees Tough Year Ahead as U.S. Slowdown Drags On
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Posted by Eddy Elfenbein on June 6th, 2024 at 7:06 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.
