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The Fed's Latest Policy Decision, Tesla's Record Run, and Shell's Dividend Boost 6/14/23

Morning Call

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The Fed's Decision to Use Artificial Intelligence Chips

The risk on tone is also prevailing in Europe today. WTI now back above 70 bucks a barrel. Expectations are building there that the PBOC may also introduce a more medium-term interest rate cut. Amazon Web Services, the world's largest cloud computing service provider, is reportedly considering using AMD's newly unveiled artificial intelligence chips. A U.S. Federal judge is putting a temporary hold on Microsoft's $75 billion deal for Activision Blizzard giving the FTC more time to make its case as it seeks to block the transaction. And Modello Espais is the new best-selling beer in the United States.

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