September 30 (Saturday)

Latest Morning Briefing Executive Summary: Semis, Earnings & Musk’s Robot
A new trend among big tech companies: DIY AI. Amazon, Google, Tesla, Meta, and Microsoft are developing AI chips in house rather than paying up for Nvidia’s products. … Also: Analysts expect much improved earnings growth for S&P 500 companies on the whole next year, but some industries with the strongest projected growth also have stock price indexes in the doghouse this year to date. Jackie points out which. … And: Inside the neural networks of Elon Musk.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on September 26.

Markets
Dow sheds more than 100 points Friday, S&P 500 and Nasdaq wrap worst month in 2023 | C
Once Unthinkable Bond Yields Are Now the New Normal for Markets | B

US
America’s Debt Problem Is Too Big for the Bond Vigilantes | W
House Republicans cancel planned recess as government shutdown looms | C
Shutdown imminent as House, Senate hold split courses on US government funding | R

Europe
Italy plans 21-billion euro asset sell-off to keep debt in check | R

China
China’s lottery ticket sales soar amid weak economy, job prospects | R

Industries & companies
Airlines: JetBlue raises flight attendant pay, union backs Spirit merger | C
Media: Peak TV Is Over. A Different Hollywood Is Coming. | W
Pharma: Medicare drug price negotiations: Judge denies request to block | C
Retail: Walmart Changes Pay and Titles for Corporate Staff | W
Tech: Apple will issue a software update to address iPhone 15 overheating complaints | C
Tech: Meta has Apple to thank for giving its VR conference added sizzle | C
 
Artificial Intelligence
Why You Soon Won’t Be Able to Avoid AI—At Work or At Home | W

Climate
India’s monsoon rains hit five-year low due to El Nino | R