Firefly Aerospace aims to raise $600M via IPO

Space startup Firefly Aerospace looking to raise $600M with IPO (0:20). JP Morgan upgrades Nike; Evercore downgrades Cisco (1:10). Stocks give up nearly all gains after US-EU trade deal (2:00). Luckin Coffee's early expansion test goes smoothly (3:25). AI may hold key to US debt problem (4:20).Show Notes:AI may hold the key to the U.S. debt problem Apollo economist saysLuckin Coffee's early test of U.S. expansion goes smoothlyLNG producers surge after Europe pledges $750B purchases in U.S. trade dealEpisode transcripts: seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.