Market Briefing

Market Briefing
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Page 15

Market News

May 08, 2024

NFL <> PE

Apple revamps iPads with AI Pro model, Reddit soars after strong first report since IPO, TikTok, ByteDance sue to block divest-or-ban law, Tesla pulls the plug on supercharger, and NFL to allow teams to sell 30% of franchise to private equity…

Market Briefing

May 07, 2024

Run of the year

S&P on track for biggest run this year, Treasuries mint cash like never before, FAA opens probe into Boeing Dreamliner, Nio’s on track this month to unveil its first mass-market car, and Tesla lays off more staff…

Market Briefing

May 06, 2024

Next big industry

China buying gold like there’s no tomorrow, Buffett talks succession plan at annual meeting - full recap here, says AI scamming will be the next big ‘growth industry’, UAW workers ratify labor deal with Daimler Truck, and Sony and Apollo in Talks to Acquire Paramount officially in talks to acquire Paramount…

Market Briefing

May 03, 2024

Historic buyback

Apple announces largest buyback in US history, Sony, Apollo make $26 Billion cash offer for Paramount, Wall Street confused and divided over rate cuts this year, US v. Google antitrust trial concludes, and Peloton CEO steps down along with 15% of staff…

Market Briefing

May 02, 2024

UNCH

Fed leaves rates unchanged, Apple set for big sales decline, tech execs internal communications released, Yen gives up ground vs dollar, and another Boeing whistleblower is dead…

Market Briefing

May 01, 2024

Moving day

Traders expect big Fed-day move, Musk’s goes ‘absolutely hardcore’ with Tesla layoffs, consumer confidence slumps, US newspapers sue Microsoft and OpenAI over copyright, and pot stocks surge on report DEA reclassifying marijuana...

Market Briefing

Apr 30, 2024

Overreach

Biden admin faces an onslaught of lawsuits from business groups for overreach, Paramount CEO Bakish departs amid merger scramble, Musk wins China's backing for Tesla's driver-assistance, 10 to 15 more tech IPOs on the 2024 horizon, and Apollo accused of an illegal human life wagering scheme...

Market Briefing

Apr 29, 2024

On notice

Biden on notice as inflation jumps- growth slows, Musk makes surprise China visit, Fed rate-cut debate shifts from ‘when’ to ‘if’, Apple renews talks with OpenAI for iPhone genAI, and Google is officially a $2 trillion company…

Market Briefing

Apr 26, 2024

First-ever

Alphabet announces first-ever dividend, GDP growth slowed well below expectations, Fed rate cuts dream slowly slipping away, FCC votes to restore net neutrality, and Huawei’s new phone sports latest made-in-China chip…

Market Briefing

Apr 25, 2024

Signed off

Biden signs Israel, Ukraine, TikTok bill into law - what happens now, US Chamber of Commerce sues FTC over noncompete ban, Meta loses $200 billion in value as company bleeds cash, and TikTok CEO expects to defeat ban: 'We aren't going anywhere'…

Market Briefing

Apr 24, 2024

Speeding up

Senate advances aid for Israel, Ukraine, Taiwan, and TikTok bill, FTC votes to ban noncompete agreements, Tesla speeds plan for cheaper cars by 2025, new Labor Dept rule cracks down on bad retirement savings advice, and Apple sends invites to May 7 launch event…

Market Briefing

Apr 23, 2024

Fierce competition

Earnings kick into high gear, Tesla slides as EV makers slash prices amid fierce competition, Russia warns the world is on the brink of a ‘direct military clash’ between nuclear powers, US sues to block union of Coach and Michael Kors, and Luxury real estate prices just hit an all-time record…

Market Briefing

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