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What I Am Reading

Saturday, July 8, 2023

Markets

Stocks tumble on Friday, notching weekly losses, as traders’ rate hike fears return
The Best Stock-Fund Managers Over the Past Year? Think AI and Big TechWall Street Journal

Central banks

Fed's Goolsbee sees 'golden path' to lower inflation without a recessionCNBC
Wage Gains, Low Unemployment Keep Pressure on Fed; Hiring Slowed in June, Jobs Report ShowsWall Street Journal

US

Industries & companies

Media:Meta's Twitter rival Threads explodes to 70 million signupsCNBC
Media:Zombie Twitter Has ArrivedMSN
Pharma:Alzheimer’s drug Leqembi sales may be slow at first: AnalystsCNBC

Technology

Robots say they won't steal jobs, rebel against humansReuters
How will AI impact my jobQZ
Elon Musk’s SpaceX Now Has a ‘De Facto’ Monopoly on Rocket LaunchesWall Street Journal

Beyond markets

Investors Bought Nearly $1 Billion in Land Near a California Air Force Base. Officials Want to Know Who Exactly They Are.Wall Street Journal
‘How Could I Feel Safe?’ Japan’s Dumping of Radioactive Fukushima Water Stirs Fear, AngerWall Street Journal
Elon Musk’s SpaceX Now Has a ‘De Facto’ Monopoly on Rocket LaunchesWall Street Journal