Market News

Reality check

Reality check

Market faces reality check when Fed updates rate forecasts, White House urges Senate to ‘move swiftly’ on TikTok bill, Putin wins what Russia claims was an "election", Reddit’s IPO as much as five times oversubscribed, and SpaceX is building a spy satellite network for US intelligence…

Market Briefing
Market Briefing
Reason to delay

Reason to delay

Inflation rose much more than expected, Fed gets more reasons to delay cuts, Biden opposes Nippon Steel's US Steel takeover plans, Blackstone says it’s a good time to buy real estate, and Mnuchin wants to buy TikTok…

Market Briefing
Market Briefing
TikTokers revolt

TikTokers revolt

House passes bill to ban TikTok, TikTokers revolt, Tesla slapped with new bearish call, Fed’s inflation fight starting to feel like a forever war, and Stripe reveals passing $1 trillion in payment volume…

Market Briefing
Market Briefing
Coming in hot

Coming in hot

Inflation picks up hotter than expected, traders shrug it off, voters blame businesses more than Biden, Boeing Max crisis forces airlines to cut flights, and an organized crime ring plaguing retailers -busted…

Market Briefing
Market Briefing
Cover curse?

Cover curse?

Biden’s pitches $7.3 trillion budget, Trump says a TikTok ban would empower Meta, traders debate magazine cover curse, long-term inflation expectations rise, and The Body Shop and Deadspin—gone…

Market Briefing
Market Briefing
Tik-Tock

Tik-Tock

Biden plans to ban TikTok if Congress passes bill, traders are on alert for hotter-than-expected inflation print, authors sue Nvidia over AI use of copyrighted works, Techstars’ $80M partnership with J.P. Morgan is on the rocks, and Sam Altman rejoins OpenAI board of directors…

Market Briefing
Market Briefing
Rivian surprises

Rivian surprises

Biden’s defiant State of the Union, Powell tells Senate "not far" from confidence needed to cut rates, US layoffs reach the highest in a year, Congress plows forward with TikTok bill, and Rivian surprises with smaller, cheaper electric SUVs…

Market Briefing
Market Briefing
Cash infusion

Cash infusion

Powell testifies Fed on track to cut rates this year, Powell also floats redoing bank capital plan, Apple looks most oversold in years, OpenAI says Musk wanted ‘absolute control’ of company, and NYCB gets $1+Billion cash infusion…

Market Briefing
Market Briefing
Muscle era

Muscle era

Biden vs. Trump all over again, tech giants drag down market after torrid rally, Biden to form price-gouging ‘strike force’, Bezos dethrones Musk as world’s richest, and Dodge kicks off the electric muscle era…

Market Briefing
Market Briefing
Gold shines

Gold shines

Gold rises above $2,100 to highest level ever, Supreme Court rules Trump can appear on presidential ballots, EU hits Apple with $1.9B antitrust fine, China sets GDP target of 'around 5%’, and Bitcoin tops $68,000 as it nears eclipsing all-time high…

Market Briefing
Market Briefing
Doubling down

Doubling down

Fed's Powell to double down on 'no rush to cut' message, Musk sues OpenAI and Sam Altman over contract breach, China to unveil GDP target, Super Micro joining S&P 500, and Reddit seeks a valuation of up to $6.5B in IPO…

Market Briefing
Market Briefing
Unsinkable

Unsinkable

Nasdaq and S&P 500 soar to end month at record highs, Senate approves bill to avert government shutdown - sends to Biden, the Fed’s favored inflation gauge meets expectations, jobless claims jumped, IRS targets wealthy ‘non-filers’ with new wave of compliance letters, and Microsoft introduces Copilot AI for Excel…

Market Briefing
Market Briefing
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