Bitcoin's Rise Amid U.S Fiscal Dominance; Trump's Billion-Dollar Oil Pledge; China's EV Triumph & Undervalued ICE Suppliers; AI Revolution in Auto Industry (+6 more stories‪)‬ The Daily Business & Finance Show

The Daily Business and Finance Show - Sunday, 12 May 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!



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Today's headlines:
Bitcoin stands to gain from U.S. fiscal dominance, Trump victory: StanChart
Trump asks oil industry for $1B, pledging to scrap Biden energy policies
Three big things in auto: China may win on EVs, ICE suppliers are undervalued and AI is in the mix
Elon Musk says Starlink is under pressure from solar storm
Cannabis rescheduling unlikely to happen by end of year -- Seeking Alpha survey
Chinese equities bear sentiment is still a contrarian play with opportunities - BTIG
Bankruptcy filings at highest in a year as interest rates bite: S&P Global
Real estate stocks continue to outperform broader markets with increased chances of rate cut
JPMorgan hires $28B Merrill private wealth team

Explanations from OpenAI ChatGPT API with proprietary prompts.
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