Stocks Close Lower On The Week, Billionaires Still Like Trump & OpenAI’s Propaganda Problem

MRKT Matrix - Friday, May 31st Market Wrap / Selloff (CNBC) Fed Likely to Seek More Evidence Despite Cooler Inflation Data (Bloomberg) Atlanta Fed’s GDPNow Lowered to 2.7% (Atlanta Fed) Analysts Have Increased Eps Estimates For S&P 500 Companies For Q2 2024 Since March 31 (FactSet) Why the Enterprise Software Stock Sell-Off Is Overdone (The Information) Wall Street Billionaires Are Rushing to Back Trump, Verdict Be Damned (Bloomberg) Biden urges Israel and Hamas to agree ceasefire, hostage deal (Axios) OpenAI finds Russian and Chinese groups used its tech for propaganda campaigns (Washington Post) --- 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