July 29 (Saturday)
Latest Morning Briefing Executive Summary: Industrials, Tech & Identifying Humans
US government incentives offered to entice manufacturers to set up shop in the USA have hit their mark: Manufacturers in huge numbers, domestic and foreign, have been revamping their supply chains to relocate their production facilities to the US. It’s not always easy, as Jackie explains. But the boost to US economic activity is quantifiable and growing. … Also: AI is here, but all the ways it may disrupt markets are still unknown; will it dislodge the leaders in search and office software, Alphabet and Microsoft? … And: The dilemma of how to tell whether online content was human- or AI-generated has a solution, says one father of AI, involving eyeballs, orbs, and Worldcoin.
(subscribers’ link)
YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on July 24.
Markets
S&P 500 closes nearly 1% higher on softening inflation data, nabs 3rd week of gains | C
‘Dangerous’ Consensus Has Investors Betting It All on Buoyant Markets | B
Central banks
PCE inflation June 2023: Yearly rate increase is lowest since March 2021 | C
Bank of Japan Loosens Grip on Market, Lets Yields Jump to 9-Year High | W
EU stress test shows three banks falling short | R
US
How the U.S. Economy Is Sticking the Soft Landing | W
The rise of gig workers is changing the face of the US economy | NN
Geopolitics & trade
Putin’s War Is Slowly Destroying Europe’s Breadbasket | PO
U.S. announces Taiwan weapons package worth up to $345 million | C
Industries & companies
Autos: Ford embraces hybrids as it loses billions on EVs | C
Autos: smart Europe transforms electric car sales with real-time personalization | C
Autos: Why E-Bikes, EVs and Laptops Are Catching Fire | W
Energy: Exxon and Chevron Signal They Are Still Shopping for Deals | W
Financials: EU stress test shows three banks falling short | R
Media: Elon Musk’s Quixotic Quest to Turn X Into an ‘Everything App’ | N
Media: How Netflix’s Algorithms and Tech Feed Its Success | W
Pharma: J&J effort to resolve talc cancer lawsuits fails a second time | C
Retail: That Cool New Bookstore? It’s a Barnes & Noble. | W
Retail: How America’s biggest retailers will use tech to catch retail theft | C
Technology
Why Apple doesn’t talk about AI the way Google, Meta and Microsoft do | C
SpaceX is testing a “flame deflector” for Starship without permits | C
Corporate finance
Banks Are Halting Stock Buybacks Again as New Capital Rules Loom | W
Beyond markets
Psychopathic Tendencies Help Some People Succeed in Business | Scientific American
Sam Bankman-Fried should be jailed, New York federal prosecutors say | C
