US Morning News Call | U.S. Government Shutdown May Have Cost 60,000 Private Sector Jobs

Moomoo Breakfast US wrote a column · Nov 14 05:31

Key Takeaways:

• U.S. Government Shutdown May Have Cost 60,000 Private Sector Jobs

• Tesla Reportedly Testing Apple CarPlay Integration

• OpenAI Pilots Group Conversations in ChatGPT

Before the Bell

Stock futures declined on Friday following Wall Street's most significant downturn in over a month.

$E-mini NASDAQ 100 Futures (MAR6) (NQmain.US)$ went down by 1%;

$E-mini S&P 500 Futures (MAR6) (ESmain.US)$ went down by 0.6%;

$E-mini Dow Futures (MAR6) (YMmain.US)$ went downp by 0.44%.

U.S. Government Shutdown May Have Cost 60,000 Private Sector Jobs

White House National Economic Council Director Kevin Hassett stated that the recent U.S. government shutdown may have caused the loss of 60,000 private sector jobs due to reduced output. Hassett estimated the economic loss from the shutdown to be $15 billion per week.

Tesla Reportedly Testing Apple CarPlay Integration

$Tesla (TSLA.US)$ is reportedly testing the integration of Apple CarPlay, which would allow drivers to use their iPhone's interface on the vehicle's display.

OpenAI Pilots Group Conversations in ChatGPT

OpenAI is piloting a new feature in ChatGPT that allows for group conversations, enabling users to share and collaborate on AI conversations.

Merck Nearing Acquisition of Cidara Therapeutics

$Merck & Co (MRK.US)$ is reportedly nearing an acquisition of $Cidara Therapeutics (CDTX.US)$ in a deal that could be valued at over $3.3 billion.

Crypto News

$Bitcoin (BTC.CC)$went down 3.06% to $96,643; $Ethereum (ETH.CC)$ went up 1.93%, to $3,169.

Czech Central Bank Buys Bitcoin for First Time

The Czech central bank has purchased Bitcoin for the first time as part of a "test portfolio" for digital assets.

JPMorgan Maintains $170,000 Bitcoin Upside Case

JPMorgan analysts have maintained their $170,000 upside price target for Bitcoin, while also identifying a support level at $94,000.

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