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Podcast: c2stories
Episode: Roaring Kitty, More Like Meow
Description: Major indexes closed lower Thursday, reversing earlier gains. Inflation eased, hinting at possible Fed rate cuts. Biden Administration announced new tariffs on Chinese goods, increasing trade tensions. Meme stocks surged and fell back, with AMC raising $250 million. Berkshire Hathaway revealed a $6.7 billion stake in Chubb. Ilya Sutskever left OpenAI to pursue other work.
Bulletin Brief
Dow’s historic passing of 40,000 (AP)
General stock market news (Edward Jones)
Economic data report (Reuters) (Yahoo Finance) (Axios) (CNN)
Warren Buffet’s secret stock pick (CNBC)
Meme stock rall...