Daily U.S. Stock Market Highlights (Friday, June 28)
2024-06-28 13:19:01
< br > < b > IMPORTANT NEWS < br > < span class = "section-news" > 1. The U.S. core PCE price index recorded an annualized rate of 2.6% in May, the smallest increase since March 2021. The U.S. core PCE price index recorded an annualized rate of 0.1% in May, the smallest increase since November 2023. < br > < b > Individual Stock News < br > < class span = "section-news" > 1. Microsoft's (MSFT. O) $13 billion investment in generative artificial intelligence firm Open AI will be subject to further scrutiny by European Union antitrust regulators. < br > < span class = "section-news" > 2. Toyota Motor (TM. O) is in talks with Shanghai authorities about the possibility of building a wholly-owned factory, according to people familiar with the matter. < br > < span class = "section-news" > 3. Meta Platforms (META. O) will consider blocking all news content from Facebook if the Australian government forces Facebook to pay a license fee for displaying links to media outlets. < br > < span class = "section-news" > 4. Apple (AAPL. O) is working on new technology for iPhone batteries to make replacing them easier. < br > < span class = "section-news" > 5. Block (SQ. N) CFO: Investing in Bitcoin is a long-term investment. < br > < span class = "section-news" > 6. Nokia (NOK. N) will acquire Infineon (INFN. N) for $2.30 billion to strengthen its position in optical networking, especially in the North American market.
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