June 10, 2024

Markets Now Monday, June 10, 2024

French election shock hits stocks and the euro

The decision by French President Emmanuel Macron to call a snap election after losing to the far right in a vote for European lawmakers roiled markets and the euro Monday.  
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Apple introduced AI to its products at WWDC

Apple is kicking off perhaps its most important event in the last decade. At its annual Worldwide Developers Conference on Monday, the company is widely expected to partner with ChatGPT maker OpenAI and show off its first batch of AI tools.  
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Activist investor takes $1.9 billion stake in Southwest Airlines, calls for leadership changes

Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier.  
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The WNBA just had its most-watched games ever

The WNBA just had its highest-attended opening month in 26 years, fueled by a powerhouse rookie class with the likes of Caitlin Clark and Angel Reese.  
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How one Instagram photo sparked a multimillion-dollar phone case business

CNN’s Kristie Lu Stout meets the owner of Casetify, who tapped into the millennial psyche a decade ago and came out the other end with one of the biggest tech accessory brands across the world.  
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This company is making ‘eye-tracking’ smartphones a thing

Imagine having the power to answer a call with just one look. CNN’s Anna Stewart meets one phone maker that is reimagining the way we use our smartphones.  
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Source: CNN Business

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