Episode Details

MRKT Matrix - Thursday, July 11th

• S&P 500 falls from record as investors rotate out of 2024 tech winners (CNBC)
• The S&P 500 hasn’t been this overbought since late 2023 — signaling trouble ahead (CNBC)
• Tesla Delays Robotaxi Event in Blow to Musk’s Autonomy Drive (Bloomberg)
• Delta shares fall as a glut of flights drives down fares despite high demand (CNBC)
• PepsiCo, After Years of Price Hikes, Sounds an Alarm on Consumer Spending (WSJ)
• Costco hikes membership fee for the first time since 2017 (CNBC)
• S&P 500 Financials Sector Q2 Earnings Preview: Banks Expected to Report Largest Decline (FactSet)

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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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