EPISODE · Oct 6, 2022 · 26 MIN
IBM is making chip plants in New York and OPEC+ is causing political turmoil for markets
from Stock Market Observation · host Jacob Lee
Ep. 100: Biden to tout IBM as IBM plans to invest $20 billion dollars in New York for the next decade. Ford is increasing prices for their F-150 Lighting pickup which is the second time in less than two months. GE is laying off workers at the onshore wind unit as part of the turnaround strategy. Pelton is slashing 500 jobs as its focus is to return to growth for the company. The White House is not happy that OPEC+ is cutting oil production and there is a chance that it will cause a political blow against Joe Biden as the midterm elections come up.
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IBM is making chip plants in New York and OPEC+ is causing political turmoil for markets
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