Market Briefing

Market Briefing
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Page 19

Market News

May 17, 2024

Sound the alarm

The Dow climbs to a record 40,000 points, Dimon and Dalio sound the alarm on soaring US debt, Reddit inks deal with OpenAI, Biden signs sweeping aviation safety reform bill into law, and GameStop and AMC extend slump…

Market Briefing

May 16, 2024

Record-breaking

S&P tops 5,300 in record-breaking stock rally, consumer inflation resumes downward trend fueling rate-cut bets, Biden and Trump agree to debate, Xi welcomes Putin, and GameStop, AMC tumble as meme stock rally fizzles…

Market Briefing

May 15, 2024

Steep hikes

Biden hikes tariffs on an array of Chinese imports, China vows to take ‘all necessary actions’ in response, the meme stock revival continues, Boeing breached prosecution deal DOJ finds, and Alphabet unveils beefed-up AI search and chatbot…

Market Briefing

May 14, 2024

He's back

'Roaring Kitty’ resurfaces reviving meme mania, GME short sellers already lost $1 billion from Monday’s monster rally, OpenAI debuts GPT-4o ‘omni’ model, airlines sue Biden admin over fee disclosure rule, and brace for big inflation data ahead…

Market Briefing

May 13, 2024

New weapon

Market faces most crucial inflation reading of 2024, Crypto is Trump’s new weapon, Apple store workers vote to authorize strike, Americans are racking up ‘phantom debt’, and OpenAI to announce Google search competitor today…

Market Briefing

May 10, 2024

EV tariffs

Biden set to impose tariffs on China EVs, Robinhood makes headway beyond trading, Apple to power AI tools with in-house chips, relief from high mortgage rates not coming soon, and Musk may testify again in SEC's Twitter probe…

Market Briefing

May 09, 2024

Falling behind

S&P ‘bumps into a wall’, China is falling behind in race to become AI superpower, AstraZeneca withdraws COVID-19 vaccine from global market, Musk’s xAI nears funding at $18 Billion value, and Trumps war on short sellers pays dividends…

Market Briefing

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

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