Inflation cools, Apple and Oracle soar on AI: Morning Brief

Reported 7 months ago

The article discusses how May's Consumer Price Index (CPI) came in unchanged, indicating cooling inflation. Major market indexes rose, with Apple shares hitting a record high as they introduced new AI features, and Oracle also surged after announcing cloud deals. Tesla shareholders are voting on a proposed pay package for Elon Musk, valued at around $46 billion. The article also speculates on the potential outcomes of the vote and the impact on Tesla stock if the pay package is not approved.

Source: YAHOO

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