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Gensler to step down

Nov 22, 2024

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13 min read

Gensler to step down

Google stock hammered after DOJ calls for Chrome sale, Snowflake rockets 32%, MicroStrategy tumbles after Citron Research shorts the stock, Stanford’s AI Center names US the top AI ecosystem, and SEC Chair and crypto foe Gary Gensler to step down in January...

Market Briefing
Market Briefing
Profits double

Nov 21, 2024

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14 min read

Profits double

Nvidia doubles profit as A.I. chip sales soar, Bitcoin crosses $97,000 in new record-high, Walmart attracting high income shoppers, Target sounds the alarm on holiday shopping, and MicroStrategy becomes second-most traded stock after Nvidia...

Market Briefing
Market Briefing
$7 billion spinoff

Nov 20, 2024

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15 min read

$7 billion spinoff

Trump picks Lutnick as Commerce Chief, Comcast to spinoff of cable networks Including CNBC, Russia-US tensions hit global markets, Walmart warns of price increases if Trump's tariffs take effect, and analysts update Nvidia price target ahead of earnings...

Market Briefing
Market Briefing
Google pushed to sell

Nov 19, 2024

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14 min read

Google pushed to sell

DOJ will push Google to sell Chrome, Wall Street enemies circulate Bessent returns, Spirit Airlines files for bankruptcy, Super Micro hires new auditor to maintain Nasdaq listing, and Trump Media to buy crypto trading platform...

Market Briefing
Market Briefing
Betting on a melt-up

Nov 18, 2024

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11 min read

Betting on a melt-up

Investors are betting on a market melt-up, Trump rethinks candidates for Treasury Secretary, Musk endorses Howard Lutnick for the job, Treasuries see 2024 gains dwindle, and Samsung plans $7.2 billion buyback...

Market Briefing
Market Briefing
Berkshire bites into Domino's

Nov 15, 2024

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13 min read

Berkshire bites into Domino's

Powell says Fed not ‘in a hurry’ to reduce interest rates, stocks show signs of ‘getting tired’, Berkshire buys shares of Domino's -dumps more Apple, Capri and Tapestry abandon merger, and Amazon's telehealth push knocks Hims & Hers...

Market Briefing
Market Briefing
Inflation rises

Nov 14, 2024

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13 min read

Inflation rises

Inflation ticks up, Fed officials fret over how far they can lower rates, Amazon takes on Temu and Shein with new store, global luxury market shrinks to lowest level since 2008, and Tesla initiates sixth Cybertruck recall in a year...

Market Briefing
Market Briefing
Musk to slash gov't spending

Nov 13, 2024

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14 min read

Musk to slash gov't spending

Musk, Ramaswamy to lead Trump's ‘Dept of Government Efficiency' (includes leaderboard for 'most insanely dumb spending of your tax dollars'), Nvidia and SoftBank pilot world's first AI and 5G telecom network, VW and Rivian kick off $5.8B joint venture, the Wall Street CEO raising his hand to run Trump’s economy, and Apple’s next device is an AI wall tablet...

Market Briefing
Market Briefing
Trump trades roll on

Nov 12, 2024

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15 min read

Trump trades roll on

Bitcoin closes in on $90,000 for the first time ever, Trump trade powers Dow 44,000, S&P 6,000, Wall Street looks forward to less regulation, Chipotle names new permanent CEO, and Tesla shares pop 9% as rally continues...

Market Briefing
Market Briefing
Fed cuts rates (again)

Nov 8, 2024

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13 min read

Fed cuts rates (again)

Fed cuts rates again, key takeaways from Fed decision, stocks keep climbing as postelection rally rolls on, Amazon mulls multi-billion dollar investment in Anthropic, and Nvidia surpasses $3.6 trillion market value...

Market Briefing
Market Briefing
The rally begins

Nov 7, 2024

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10 min read

The rally begins

Big Tech CEOs applaud Trump's win, Fed expected to cut interest rates today, ‘America First’ sweeps Wall St with echoes of 2016 playbook, Xi congratulates Trump urging stable US-China ties, and DOJ set to drop cases against Trump before inauguration...

Market Briefing
Market Briefing
Pledge to 'fix everything'

Nov 6, 2024

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11 min read

Pledge to 'fix everything'

Dollar surges, Bitcoin hits record and 'Trump trade' soars, Republicans win control of Senate ahead of tax fight, Tesla jumps overnight as Musk seen benefiting, Trump Media shares gain 40% overnight, and Nvidia passes Apple as world’s most valuable company...

Market Briefing
Market Briefing
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