Episode Details

MRKT Matrix - Thursday, October 2nd

• S&P 500 seesaws after hitting fresh record as U.S. government shutdown continues (CNBC)
• The government shutdown is likely to cement additional Fed interest rate cuts (CNBC)
• Tom Lee sees S&P 500 topping 7,000 by year-end, says don’t be fooled by shutdown calamity talk (CNBC)
• US Hiring Plans, Job-Cut Announcements Drop in Challenger Report (Bloomberg)
• Your expensive power bill is part of an alarming trend (Vox)
• Microsoft Bets $33 Billion on Neoclouds like Nebius to Ease AI Crunch (Bloomberg)
• Microsoft wants to mainly use its own AI data center chips in the future (CNBC)
• Intel stock is up 50% over the last month, putting U.S. stake at $16 billion (CNBC)
• OpenAI Valuation Reaches $500 Billion, Topping Musk’s SpaceX (Bloomberg)
•  Tesla Sales Surge to Record on Rush to Snag US Tax Credit (Bloomberg)




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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