June 10 (Saturday)
Latest Morning Briefing Executive Summary: The AI Future & Health Care
Don’t fear AI, just China’s AI aspirations. Out with the CPU, in with the GPU. AI is bound to transform every business process, bar none. Three well respected tech visionaries have been describing our AI-enhanced future with optimistic messages that they insist are not hyperbole. … And: Don’t overlook the lagging S&P 500 Health Care sector’s potential for a rebound given exciting developments in its biotech and pharma industries. Jackie recaps some of the highlights.
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Markets
S&P 500 notches fourth straight positive week, touches highest level since August | C
Thematic Investing: Just Say No | Morningstar
Central banks
Jim Cramer says don’t be complacent ahead of Fed meeting | C
US
$5 billion in cargo stuck off West Coast ports in truck, container jam | C
U.S. cities where inflation is still rising: Miami, Detroit and more | C
Grilling Hasn’t Been This Cheap in Years | W
How much credit card debt Americans hold by age | C
Europe
Boris Johnson’s shock exit reverberates through British ruling party | R
Trump
Trump Faces 2024 Split Screen of Campaign and Criminal Trials | W
Trump indictment unsealed: Former president faces 37 counts | C
Trump faces difficult odds in classified-documents case | R
Trump lawyers quit classified documents case | C
Geopolitics & trade
Nord Stream sabotage probe turns to clues inside Poland, Wall Street Journal reports | R
PGA Tour ‘couldn’t afford to keep battling Saudi Arabia,’ Wall Street Journal reports | R
Cuba Base Would Help China Identify Strike Targets in U.S. | W
Industries & companies
Autos: What Tesla EV charging deals with Ford, GM mean for the industry | C
Autos: Why America Isn’t Ready for the EV Takeover | W
Media: The Case for Banning TikTok, Snapchat and Instagram for Kids Under 16 | W
Media: Netflix subscriptions rise amid password-sharing crackdown | C
Media: Can Twitter’s Odd Couple Make It Work? Elon Musk and His New CEO Are About to Find Out | W
Restaurants: Pizza Has Gone From Hot to Cold to Frozen | W
Retail: Quiet luxury may be Americans’ most expensive trend to date | C
Tech: Samsung’s plans to catch TSMC in semiconductor manufacturing | C
Climate
Greta Thunberg Holds Last School Climate Strike After 251 Straight Weeks | W
Quebec hopes rain, outside help can be turning point in fight against fires | R
Technology
Age of AI: Everything you need to know about artificial intelligence | TechCrunch
Beyond markets
How Lifeguards Lost Their Luster | MSN
