Reported 4 months ago
In this article, Madison Mills and Seana Smith discuss the impact of May's PMI data showing a slight decline and OPEC's decision to extend oil production cuts until 2025. They analyze the implications for future interest rate cuts by the Federal Reserve and the macroeconomic factors influencing oil prices. The show also covers the stock reactions of trending stocks like Nvidia, Spotify, and JetBlue. Additionally, there is an in-depth discussion on how the decision-making process and geopolitical factors are influencing the oil market and why Tesla's CEO expresses optimism towards EVs despite current losses.
Source: YAHOO