MRKT Matrix

Stocks Edge Higher On Earnings Outlook

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MRKT Matrix - Tuesday, July 22nd

  • S&P 500, Nasdaq retreat from records as chip stocks decline (CNBC)
  • Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence (CNBC)
  • Bessent says Powell doesn’t need to resign but should conduct internal review (CNBC)
  • SoftBank and OpenAI’s $500 Billion AI Project Struggles to Get Off Ground (WSJ)
  • OpenAI Greatly Expands Data Center Deal With Oracle (The Information)
  • Wall Street Readies Fresh Push Against Tighter US Capital Rules (Bloomberg)
  • GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs (Bloomberg)
  • Clout wars: Jensen Huang eclipses Elon Musk and Tim Cook in Washington (CNBC)
  • How China Curbed Its Oil Addiction – and Blunted a U.S. Pressure Point (WSJ)

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    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

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