
MRKT Call Tech Sells Off Ahead of Thanksgiving Holiday
Nov 27, 2024
12:00
MRKT Matrix - Wednesday, November 27th
- Nasdaq drops the day before Thanksgiving as Nvidia, Dell slides (CNBC)
- Donald Trump selects Kevin Hassett to lead National Economic Council (CNBC)
- Trump’s Tariff Message: I’m in Charge of the Economic Agenda (WSJ)
- US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending (Bloomberg)
- JPMorgan sees S&P 500 rising to 6,500 in 2025 thanks to AI and deregulation (CNBC)
- Homebuyer demand for mortgages jumps 12%, after first interest rate drop in over 2 months (CNBC)
- OPEC’s Dilemma: Another Year of Oil Supply Curbs or Price Slump (Bloomberg)
- Exxon is the best oil stock, as its big bet on cutting carbon emissions should pay off, UBS says (CNBC)
- Apple Misses Out on Big 2024 Smartphone Market Rebound, IDC Says (Bloomberg)
- OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer (CNBC)
- Inside Elon Musk’s Quest to Beat OpenAI at Its Own Game (WSJ)
- Inflation-Battered Consumers Are Going to Extreme Lengths to Nab Holiday Deals (Bloomberg)
- Taylor Swift Looks to Deliver Another Megahit - for Target Stores (WSJ)
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