Archive | Market Briefing

Crunch week

Crunch week puts rate-cut expectations to the test, Goldman reshuffles private credit in bid to double assets, why CZ, Dalio and Lisin are flocking to Abu Dhabi, Wells Fargo, other banks caught in probe over mortgage pricing discrimination, and TikTok becomes first non-game app to reach $10B in consumer spending...

Market Briefing

Dec 11, 2023

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14 min read

Wall St. vs Ivy

Penn leaders out after Wall St. donor, alumni pressure from comments, Fed starts to confront rates cut question, Cigna calls off merger with Humana, luxury goods sellers claim ‘worst market since 2008’, and Musk reactivates Alex Jones’ X account after 5-year ban...

Market Briefing

Dec 8, 2023

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12 min read

Market clings to jobs report

Alphabet soars as Wall Street cheers arrival of Gemini, Spotify’s CFO is stepping down, Amazon testing monthly unlimited grocery subscription, JPMorgan's Kolanovic says opt for cash over stocks, and Salesforce signals end of the Golden Age of cushy tech jobs...

Market Briefing

Dec 7, 2023

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13 min read

'Gemini' unleashed

Google launches Gemini — its ‘most capable’ AI model, Wall St. bank bosses warn Congress new rules risk of hurting economy, Biden forgives nearly $5B in student loans, Musk's SpaceX valued at $175 billion, and McDonald’s unveils its answer to Starbucks with ‘CosMc’s'...

Market Briefing

Dec 6, 2023

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13 min read

New milestones

Apple’s market cap recrosses $3 trillion, India narrows gap with Hong Kong, job openings hit 2-year low in cooling welcomed by Fed, China's credit rating downgraded, and Bitcoin’s 6-day jump takes the token past $44,000...

Market Briefing

Dec 5, 2023

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14 min read

Bull market in sight

Gold and Bitcoin smashing through key levels, bull market in view after S&P hits year-high, Spotify to cut 17% of its workforce, Birkenstock finally tops IPO price, and Alaska-Hawaiian billion-dollar merger faces the DOJ...

Market Briefing

Dec 4, 2023

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12 min read

Bitcoin hits $40K

Bitcoin hits $40,000 for the first time in 19 months, gold soars past $2,100 to new record, Dovish Fed view courses through markets, Meta’s AI chief thinks we’re far from AI super intelligence, and Alaska Airlines to buy Hawaiian Airlines for $1.9 billion...

Market Briefing

Dec 1, 2023

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12 min read

Historic rally

S&P’s historic 8.9% rally, biggest blowout in bonds since 1980’s, Tesla Cybertruck delivery event ($60,990 base price), India overtakes China as Asia’s growth driver, and Lego heir sells $930 million of shares in family firm...

Market Briefing

Nov 30, 2023

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12 min read

Cursed out

Henry Kissinger dies at age 100, Elon Musk tells ‘blackmailing’ advertisers where to go, Nvidia CEO: US chipmakers a decade away from China supply chain independence, nobody wants Treasury bonds, and Microsoft secures a board seat at OpenAI...

Market Briefing

Nov 29, 2023

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13 min read

Farewell Charlie

Investing genius, Charlie Munger, dies at age 99, Biden tells corporations to ‘stop price gouging’, Amazon announces new AI chip, Harvard/Penn/MIT presidents called before Congress, and Bill Ackman bets Fed will cut rates in Q1...

Market Briefing

Nov 28, 2023

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12 min read

Fast-fashion IPO

Musk, Netanyahu visit amid antisemetism furor, fast-fashion giant Shein files for IPO, Reddit leads class of 2024 IPO candidates, Tesla and Toyota in automotive showdown, and Amazon eye’s more Miami office space as Bezos moves south...

Market Briefing

Nov 27, 2023

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12 min read

Shoppers break record

Black Friday shoppers spent a record $9.8 billion online, Musk warns ‘something scared’ OpenAi chief scientist, US stocks cap off best four-week stretch in a year, Meta complaint says underage users were an ‘open secret’, and poll shows Americans think the American dream is dying...

Market Briefing

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