Episode Details

Snowflake shared strong results and a fresh deal with Amazon, making reports of the software industry’s demise look greatly exaggerated – and the Fed’s preferred price index was almost double its target in April, so don’t expect any interest rate cuts for a while.

Today’s stories:

• Snowflake’s Been Using AI For Good, And It’s Not Alone
• The Fed’s Favorite Inflation Gauge Came In Hot, And Folks Saw It Coming

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