Morning News: June 3, 2024

OPEC+ Says Goodbye to Its $100-a-Barrel Oil Quest

OPEC+ Oil Deal’s Real Winner Once Again Is the UAE

Why Saudi Aramco Stock Is a Tough Sell on Wall Street

Abnormally Dry Canada Taps U.S. Energy, Reversing Usual Flow

It’s Crunchtime for a New Generation of Climate Startups

Cost Pressures Cast Shadow Over Asia’s Fledgling Manufacturing Recovery

Krugman Says China Is ‘Bizarrely Unwilling’ to Boost Demand

India Stocks Hit Record, Rupee Gains as Polls Predict Modi Win

Mexican Peso Extends Loss to 2% After Landslide Election Win

Cut Rates – Then What? Five Questions for the ECB

Digital Bank Monzo Posts First Full Year of Profit After More Than Doubling Revenue

The Budget Geeks Who Helped Solve an American Economic Puzzle

Mnuchin Chases Wall Street Glory With His War Chest of Foreign Money

Private Credit, Wall Street’s Hottest Trade, Has an Ugly Moment

Pershing Square Sells 10% Stake for $1.05 Billion Ahead of IPO

GameStop Shares Double as Gill Post Shows $116 Million Bet

Crypto Bull MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit

How Billionaires Bought 70% of Detroit’s Offices and Transformed the City

The U.S. Gave Chip Makers Billions. Now Comes the Hard Part

Nvidia and AMD Square Off in Fight to Take Control of AI

Apple, Samsung Focus on AI Misses the Mark for Smartphone Buyers

Waves of Chinese Electric Vehicles Are Pouring Into Brazil

Toyota and Other Japanese Carmakers Say They Mishandled Safety Tests

Atos Assessing Two Revised Rescue Bids

Becton Dickinson to Acquire Edwards Lifesciences’ Unit for $4.2 Billion in Cash

Waste Management Near Deal to Buy Stericycle

Be sure to follow me on Twitter.

Posted by on June 3rd, 2024 at 7:05 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.