Rocky Start to October Continues

MRKT Matrix - Wednesday, October 2nd S&P 500 is little changed as shaky October start continues on escalating Middle East tensions (CNBC) Saudi Minister Warns of $50 Oil as OPEC+ Members Flout Production Curbs (WSJ) Tesla’s First Quarterly Sales Gain This Year Comes Up Short (Bloomberg) Bank of America’s top ideas for the fourth quarter including Starbucks and Walmart (CNBC) Ozempic Goes From Threat to Opportunity for Packaged-Food Makers (Bloomberg) AI Can Only Do 5% of Jobs, Says MIT Economist Who Fears Crash (Bloomberg) OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round (CNBC) Equinix signs $15 bln joint venture to build U.S. data center infrastructure (Reuters) Oracle to Invest $6.5 Billion in AI and Cloud Infrastructure in Malaysia (WSJ) Microsoft Pitches AI for Consumers Against Crowded Field of Rivals (Bloomberg) --- 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 Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs Learn more about your ad choices. Visit megaphone.fm/adchoices