Morning News: June 4, 2024

Norway Gas Scare Puts European Market on Edge

Moving to Renewables Will Mean Using Less Energy Overall

India Stocks Post Biggest Loss in Four Years on Tight Vote

The Dollar Is at Its Strongest Since the 1980s. Can It Last?

Wall Street Is Having Trouble Getting ‘Too Excited’ About the US Economy

Global Bond Rally Wavers With Jobs Data Next Hurdle for Fed Path

Trading Glitch Sends Some Shares on a Wild Ride

NYSE Fixes Issue That Showed 99% Drops, Triggered Trading Halts

Short Sellers in Danger of Extinction After Crushing Stock Gains

Deutsche Bank Ties Up with Bitpanda in ‘Cautious’ Crypto Shift

Swiss Financial Regulator Wants to Be Able to Name and Shame Banks

Majority of Middle-Class Americans Say They Struggle Financially

As China’s Internet Disappears, ‘We Lose Parts of Our Collective Memory’

The Goal for China’s Chip Giant: Cut Out the U.S.

Nvidia’s Pitch in AI Chips Holds Echoes of Apple and iPhones

Intel CEO Fires Back at Nvidia in Battle for AI Chip Leadership

Roaring Kitty’s Reddit Post on GameStop Signals a $289 Million Paper Fortune

Car Deals Vanished During the Pandemic. They’re Coming Back

Electric Cars Are Suddenly Becoming Affordable

Tesla China’s Sales Rose in May Amid EV Demand Recovery

Japanese Officials Inspect Toyota Headquarters Over Safety Certification Scandal

Maersk Lifts Guidance Again on Surging Freight Rates

Costco Hot Dogs Have Cost $1.50 Since the 1980s. Here’s Why Prices Aren’t Changing

How Birkenstock Became an Improbable Luxury Empire

British American Tobacco Backs Guidance, But Expects Weaker First Half on U.S. Softness

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Posted by on June 4th, 2024 at 7:01 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.