Stocks Tick Higher As AI Trade Stabilizes

MRKT Matrix - Friday, December 19th

• Nasdaq rises 1% as AI trade tries to end year on high note (CNBC)
• Consumer sentiment shows 'substantial decline' from last year amid higher prices, tough job market (Yahoo Finance)
• OpenAI’s New Fundraising Round Could Value Startup at as Much as $830 Billion (WSJ)
• Salesforce Executives Say Trust in Generative AI Has Declined (The Information)
• China boosts AI chip output by upgrading older ASML machines (FT)
• TikTok Says It Signed Agreements for New US Joint Venture (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