Tech Titans Shaking Up the Market, Rebalancing Strategies, and Unveiling the Future of Investing (+5 more stories)

The Daily Business and Finance News Show - Wednesday, 12 July 2023 Today's headlines: Nasdaq 100 set for special rebalance amid 'Magnificent Seven' domination Nasdaq, S&P, Dow rise through the day to end higher; all eyes now on CPI data Wells Fargo highlights Nasdaq 100 rebalance trade opportunities Bank of America ordered by CFPB to pay over $100M to consumers Matterport terminates 30% of workforce to accelerate path to profitability Activision gains again, up 11% as UK looks to pause trial over Microsoft purchase (updated) U.S. crude stockpiles rose 3M barrels last week, API says FTC reportedly leaning toward quick appeal of Microsoft-Activision loss Microsoft offers to make small divestiture to meet UK objections on Activision - CNBC Canada's banking regulator proposes changes on mortgages in negative amortization Blue Origin and United Launch Alliance face setback after rocket engine explosion China auto sales cool off in June but end the first half of the year up 10% Coinbase stock rallies to highest level since August 2022 AMD appoints ex-IBM veteran as chief commercial officer Disney reportedly discussing strategic options for India business Delta, United, American expected to see the good times roll on: Earnings preview 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