Wall Street Breakfast Podcast: Futures Tick Up Ahead Of Jobs Data
Company and Industry Insights - The U.S. Department of Justice has filed lawsuits against Southern California Edison, seeking $77 million in damages for negligence related to two wildfires, the Eaton Fire and the Fairview Fire, which resulted in significant destruction of federal land [5][6][7] - The Eaton Fire, which occurred in January 2023, resulted in 31 fatalities and burned approximately 8,000 acres, while the Fairview Fire, which started in September 2022, burned nearly 14,000 acres [7] - OpenAI is set to launch its first AI chip in collaboration with Broadcom, with plans to use the chip internally rather than for external sales, marking a strategic move to reduce reliance on Nvidia for chip supply [8][9]