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Market News
A.I. Journalism
Google developing tool to help journalists create stories, headlines, Blackstone’s $1 trillion triumph muted by deal slowdown, weekly jobless claims at 2-month low, home sales drop to slowest pace in 14 years, and Amazon to launch ‘pay-by-palm’ technology at all Whole Foods stores...
Media Edition: Epic disruption unfolding
Your front-row seat to the collision of Hollywood and Silicon Valley: media turmoil; ‘absolute collapse’ likely on the brink, Yellen does not see recession in U.S., Russia pulls out of Black Sea grain deal hours before deadline, and home prices nearing new record...
Bonds peak rates near
History says it’s time to buy long-term bonds, United pilots new labor deal comes with 40% raise, Twitter’s ad rev drops 50%, will.i.am launches AI platform for creative collaboration, and JPMorgan Chase is one step closer to deposing the millennial fraudster who defrauded them out of $175M...
Legacy media's shakedown
Disney to sell TV assets - Iger saying ‘media landscape challenges are greater than anticipated’, Amazon touts ‘biggest ever’ Prime Day as U.S. sales surged to $12.7 billion, Twitter offering rev share to select content creators, Celsius Network’s founder arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender, and Ripple gets landmark win in SEC case over XRP...
Inflation Hits 2-Year Low
Inflation hits 2-year low, FTC preparing quick appeal of Microsoft-Activision loss, ‘Prime Day’ pushes online sales up 6% in first 24 hours, Cathie Wood’s ARK fund hits 11-month high, Diddy officially launches marketplace for black businesses, and Jefferies says mega cap M&A ‘is back’...
Microsoft's Mega Move Approved
Microsoft's $69B Activision deal gets US judge ‘go-ahead’ despite White House objection, Meme stocks are back, Americans prepare for tighter budgets as student loan payments resume, MyPillow auctioning off hundreds of items after retailers drop product, and fraudster Elizabeth Holmes gets two years shaved off her sentence...