Stocks Rise On China Trade Talk Optimism
06:41 Share

MRKT Matrix - Tuesday, June 10th

• S&P 500 rises for a third day as traders hope for progress on U.S.-China trade talks (CNBC))

• Apple’s WWDC underwhelms on AI, but software gets biggest facelift in over a decade (CNBC))

• OpenAI claims to have hit $10B in annual revenue (TechCrunch))

• News Sites Are Getting Crushed by Google’s New AI Tools (WSJ))

• Zuckerberg Is Personally Recruiting New ‘Superintelligence’ AI Team at Meta (Bloomberg))

• Huawei Founder Waves Off Chip Curbs as Trade Talks Proceed (Bloomberg))

• TSMC’s May Revenue Surges 40% in Sign of Resilient AI Demand (Bloomberg))

• Wary Wall Street Positioning Leaves Room for S&P 500 to Rally (Bloomberg))

• Popular US Treasury Bet Risks Being Next Pain Trade, BNP Warns (Bloomberg))

Subscribe to our newsletter: ⁠https://riskreversalmedia.beehiiv.com/subscribe⁠)

MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs