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Podcast: MRKT Matrix
Episode: Stocks Rally On 2.9% CPI Print
Description: MRKT Matrix - Thursday, September 11th
Dow jumps 600 points to record as August inflation increase likely won't derail Fed rate cut (CNBC)
Firm Inflation, Soft Jobs Data Pull Fed in Opposing Directions (WSJ)
Gold Surpasses Inflation-Adjusted Record High Set in 1980 (Bloomberg)
Alphabet, Meta, OpenAI, xAI and Snap face FTC probe over AI chatbot safety for kids (CNBC)
OpenAI’s $350 Billion Computing Cost Problem (The Information)
Alibaba and Baidu Adopt Their Own AI Chips in Major Shift for Chinese Tech (The Information)
Plane carrying Hyundai, LG workers detained in immigration raid departs for South Korea (CNBC)
Hyundai Says Battery Pl...