Cyclical Stocks Fall, Chip Wars Heat Up & The Great Economic Divide

MRKT Matrix - Monday, June 3rd Dow falls 200 points to kick off June trading on concerns about the economy (CNBC) NYSE says technical issue that caused Berkshire Hathaway to be displayed down 99% is fixed (CNBC) Oil hits four-month low as OPEC+ decision fails to allay demand worries (Reuters) Bad economic news has been good for stocks, but that could change this week (CNBC) AMD announces new AI chips amid intensifying competition with Nvidia, Intel (CNBC) Nvidia’s stock is responsible for a third of the S&P 500’s gains this year (MarketWatch) Spotify raises prices of premium subscription plans (CNBC) E*Trade Considers Kicking Meme-Stock Leader Keith Gill Off Platform (WSJ) The Great Divide (Axios) Mexican Stocks and Peso Slide After Ruling Party's Landslide Election Victory (WSJ) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Learn more about your ad choices. Visit megaphone.fm/adchoices