Financial World Updates

🚨🚨🚨 JUST IN: GameStop $GME down 32%. @FinancialWorldUpdates

BREAKING: 🇺🇸 Trump and Biden agree to debate on June 27 @FinancialWorldUpdates | Link

🚨🚨🚨 JUST IN: 🇺🇸 Elon Musk ordered to testify in SEC's investigation into $44 billion Twitter acquisition. @FinancialWorldUpdates

🔥 BREAKTHROUGH: China 🇨🇳 has mastered mass production of 5nm semiconductor chips despite US sanctions. @FinancialWorldUpdates

⚡️⚡️ BREAKING: 🇺🇸 CPI for April just came in at +3.4% YoY in line with expectations. @FinancialWorldUpdates

📣 Jim Cramer says he "can't see Gamestop, $GME, trading at $64 or even $44 and the responsible move is to sell, sell, sell." Jim Cramer also says that AMC Entertainment, $AMC, is a "dead man walking." @FinancialWorldUpdates

📣 World's largest cruise company 'Carnival' announces 100% of its ships are now equipped with Elon Musk's Starlink internet. @FinancialWorldUpdates

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🇺🇸 US threatened possible sanctions against 🇮🇳 India after India and 🇮🇷 Iran signed the Chabahar Port deal @FinancialWorldUpdates

🇺🇸 SUMMARY OF FED CHAIR POWELL'S COMMENTS (5/14/24): 1. "Overall a good picture looking at US economic data" 2. Inflation was notable in Q1 for the lack of further progress 3. Housing inflation has been a bit of a puzzle for the Fed 4. Restrictive policy may take longer than expected to lower inflation 5. Unlikely the Fed's next move will be an interest rate hike 6. "Credibility is everything for central banks" @FinancialWorldUpdates