Stocks Rise After Tame Inflation Report

MRKT Matrix - Wednesday, August 12th

• S&P 500 rises after tame inflation data; AI-related shares jump (CNBC)
• S&P 500 Earnings Are So Good Investors Are Starting to Worry (Bloomberg)
• U.S. budget deficit surged in July to highest level since March 2021 (CNBC)
• DeepSeek Publicizes Efforts to Challenge Anthropic’s Claude Code (Bloomberg)
• SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low (CNBC)
• Josh Kushner, Bob Iger Buy LA Lakers for $12.5 Billion (Bloomberg)
• Apollo Inks $2.6 Billion Financing Deal With NY Yankees (Bloomberg)

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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