Nov 22, 2024
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13 min read
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...
Nov 21, 2024
14 min read
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...
Nov 20, 2024
15 min read
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...
Nov 19, 2024
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...
Nov 18, 2024
11 min read
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...
Nov 15, 2024
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...
Nov 14, 2024
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...
Nov 13, 2024
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...
Nov 12, 2024
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...
Nov 8, 2024
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...
Nov 7, 2024
10 min read
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...
Nov 6, 2024
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...