Your Brief Summary
In today’s Daily Brief, we'll be looking at the latest inflation data out of the US.
"High inflation will make the Fed's job more complicated as it contends with financial stability concerns amid the chaos in the banking sector."
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Tesla’s price war in China isn’t working, while Micron predicted a brighter future but profit looks pretty gloomy in the meantime.
Goldman predicted that AI could affect 300 million jobs in the world’s biggest economies, while Alibaba announced that it’s splitting its empire six ways.
Saudi Aramco has made big waves in China’s oil sector, while shaky markets have given firms cold feet about going public.
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