In this episode of Making Cents of Finance (MCoF), we dive into the latest news from the world of business and finance. First up, we discuss the recent sale of WWE to Endeavor Group, which also owns the UFC.
Next, we take a look at Ford's recent numbers from Tuesday. We discuss the company's Q1 sales, which are up 10%, truck sales up 19.6%, and EV sales up 41%. We also discuss the market share of EVs and where Ford currently stands. Additionally, we delve into the manufacturing numbers and job openings, which are both below 10 million.
Moving on, we touch on the recent indictment of former President Donald Trump on 34 felony counts for falsifying records related to hush money payments made to Stormy Daniels in 2016.
Later, we explore Jamie Dimon's recent comments on the banking collapse and economy. We discuss the issues with bank management and supervision and how regulators have pushed banks to hold super-safe assets like US Treasuries due to their supposed high liquidity.
Lastly, we talk about Apple's recent announcement of the World Wide Developer's Conference and what we can expect from the event. We go into detail about the debut of Apple's mixed-reality headset and the new xrOS operating system. Tune in for an informative episode of the Making Cents of Finance (MCoF) podcast.
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