Featured Author, Invest 101

US stock quick picks – Sep 12

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Stock Market News

Consumer prices rose 0.2% in August with core inflation higher than expected – CNBC
Meme stock GameStop slumps as revenue drop fans turnaround doubts – Reuters
OpenAI in talks to raise funds at $150 bln valuation, Bloomberg News reports – Reuters
Health Rounds: Once-weekly insulin from Eli Lilly appears effective as daily injections – Reuters
Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant – CNBC
US closer to green lighting Nvidia chips for Saudi Arabia, Semafor reports – Reuters
Adobe to launch generative AI video creation tool later this year – Reuters

 

Trends to Watch

Can’t Keep Up: 3 reasons why Ethereum price has lagged behind Bitcoin in 2024 (Cointelegraph)
Improvement: Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021 (CNBC)
Good Question: Are Ethereum Staking Yields Too High? (CoinDesk)
More Boeing Challenges: Boeing faces possible strike on Friday over labor contract (Reuters)
Major Investment: OpenAI Fundraising Set to Vault Startup’s Valuation to $150 Billion (Bloomberg)