Revolutionary Alzheimer's Breakthrough, Undervalued CNN, and Federal Reserve Secrets Revealed (+13 more stories)

The Daily Business and Finance News Show - Wednesday, 5 July 2023 Today's headlines: Cassava Sciences Alzheimer’s drug simufilam outperforms in small trial CNN looks undervalued amid WBD spinoff chatter, Benchmark says Some Federal Reserve officials favored raising key rate by 25 bps: FOMC minutes Intel on target to regain tech leadership, foundry a necessity: Northland MP Materials soars after China's move to restrict rare earth exports Nasdaq, S&P, Dow end lower as Fed minutes show some officials leant toward 25 bp hike AMD slips even as Northland upgrades on AI boost General Motors reports 19% jump in second-quarter vehicle sales Jefferies initiates Trinity Capital at Buy given its 'best-in-class' ROE 'Major' Amazon case by FTC likely 'misunderstands' tech giant's success: Baird Wedbush sees Microsoft joining $3T club in early 2024 powered by AI Vanguard says inflation will remain sticky and a recession can be pushed out to 2024 Maryland kicks off recreational marijuana sales with strong numbers Transocean surges as Citi raises to Buy; Noble, Valaris started with Buy ratings Nikola pares loss after reporting on Q2 deliveries Rivian Automotive rallies after delivering electric vans to Amazon in Europe Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices