MRKT Matrix - Thursday, July 3rd

Dow rises 350 points, S&P 500 hits fresh record after a better-than-expected June jobs report (CNBC)
Hiring Defied Expectations in June, With 147,000 New Jobs (WSJ)
Oracle, OpenAI Expand Stargate Deal for More US Data Centers (Bloomberg)
Why stablecoins are shifting from crypto fringe to corporate strategy (Financial Times)
CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs (WSJ)
Are bigger AI models better stock pickers? Maybe, but probably not (Financial Times)
Ripple Seeks a U.S. Banking License, Adding to List of Crypto Companies (WSJ)
Microsoft Scales Back Ambitions for AI Chips to Overcome Delays (The Information)
Tesla Is in Disarray. Musk Has Already Moved Beyond Caring About Cars. (WSJ)
Uber-Backed Moove Raising $1.2 Billion in Debt for Expansion (Bloomberg)
Hedge funds seek to expand into private credit (Financial Times)
A Pioneer in Private Credit Warns the Industry is Ruining Its Golden Era (WSJ)

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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

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