Dow Rises as Oracle Ignites Rotation Out of AI

MRKT Matrix - Thursday, December 11th

• Dow jumps to record as Oracle sparks rush out of AI trade into broader market (CNBC)
• The case for more Fed rate cuts could rest on a ‘systemic overcount’ of jobs numbers (CNBC)
• Rebalanced Gold Trade Pushes U.S. Trade Deficit to Five-Year Low (WSJ)
• Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora (WSJ)
• Oracle Is Having Its Own ‘Code Red’ AI Moment (Bloomberg)
• Rivian Tumbles After Unveiling AI Chip for Self-Driving Goals (Bloomberg)
• Musk says SpaceX report of 2026 IPO is ‘accurate’ (CNBC)

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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