Market Briefing

Market Briefing
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Market News

Feb 12, 2024

Bezos cashes out

Bezos sells $2 billion of Amazon shares, Musk ordered to testify in SEC Twitter probe, Diamondback and Endeavor to form $50 billion energy giant, and Cisco to cut thousands of jobs…

Market Briefing

Feb 09, 2024

Shockwaves

Special counsel report sends shockwaves through Congress, Arm surges 60% in windfall for Softbank, Einhorn says markets fundamentally broken, NYCB troubles threaten a new crisis, and Wall Street love sends Disney’s stock soaring. Full briefing ahead, but first…

Market Briefing

Feb 08, 2024

Disney's big bet

Disney to invest $1.5 Billion in Epic Games, Apple eyes a foldable iPhone, Snap shares drop 35% after revenue miss, NYCB hit with first investor lawsuit over collapse, and Bill Ackman to launch a NYSE-listed fund for regular investors…

Market Briefing

Feb 07, 2024

ESPN, Fox, Warner join forces

Palantir skyrockets 30% after revenue beat, NYCB’s credit grade is cut to junk, Tesla is downgraded, ESPN, Fox and Warner Bros. join forces for sports streaming service, and ousted WeWork co-founder/CEO is trying to buy it back…

Market Briefing

Feb 06, 2024

Top-heavy market

S&P 500's top stocks haven't been this concentrated in 50 years, Powell tells ‘60 Minutes’ Fed wary of cutting rates too soon, Palantir stock jumps 19% on revenue beat, Tesla is losing the Magnificent Seven cage fight, and Tech industry starts the year with 32,000 job cut…

Market Briefing

Feb 05, 2024

Historic surge

Meta’s $197 Billion surge is biggest in stock-market history, Senate releases $118 billion bipartisan aid proposal, Gold prices to hit $2,200, Bezos to sell up to 50 million Amazon shares, and Trump floats 60% tariffs on Chinese imports. Full briefing ahead, but first…

Market Briefing

Feb 02, 2024

Meta, Amazon soar

Dow rallies 370 points as Meta and Amazon soar on earnings, US renews strikes against Houthis as Red Sea crisis continues, a $560 Billion property warning hits banks, Peloton shares plummet 20%, and Tim Cook teases Apple AI announcement…

Market Briefing

Feb 01, 2024

Zuck apologizes

Interest rates hold steady with March cuts unlikely, Zuck apologizes as Senate grills tech CEOs over child safety, House passes $78B business/child tax break bill, Walmart plans to add 150+ stores across US, and Boeing gets sued by shareholders following blowout…

Market Briefing

Jan 31, 2024

UPS cuts 12K

UPS cuts 12,000 jobs, Judge voids Musk’s $55 Billion pay package, Walmart announces 3-for-1 stock split, consumer confidence hits highest level in 2+ years, and PayPal to cut around 2,500 jobs…

Market Briefing

Jan 30, 2024

Flutter debut

Draftkings challenger Flutter lists on the NYSE, Blackrock upgrades US stocks, popular ‘Smartless’ podcast leaves Amazon for $100M SiriusXM deal, Sen. Warren pushes Powell to cut ‘astronomical’ rates, and Musk says first human has received brain implant…

Market Briefing

Jan 29, 2024

Big Tech earnings

Market’s fate rests on Big Tech earnings, HK court orders China Evergrande to liquidate, Fed rate decision could signal March cut, United Airlines resumes Boeing 737 MAX 9 flights, and world's largest cruise ship sets sail from Miami…

Market Briefing

Jan 26, 2024

US leads China

Alphabet, Microsoft and Meta close at all-time highs, GDP surprises with 3.3% growth last quarter, US extends lead over China in economic race, tech companies slash thousands of jobs pivoting toward AI, and Southwest Airlines removes Boeing Max 7 from 2024 plans…

Market Briefing

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