Market Briefing

Market Briefing
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Market News

Jun 20, 2024

It's official

Nvidia overtakes Microsoft as world's most valuable company, Fisker files for bankruptcy, OpenAI co-founder announces new AI startup, Boeing CEO blasted in US Senate hearing, and Netflix to launch mega experience stores...

Market Briefing

Jun 18, 2024

Smashing records

S&P 500 hits 30th record of 2024, Apple shutting down Pay Later loans, GameStop sinks after annual shareholder meeting fails to deliver, US sues Adobe for hiding fees, and IRS to raise $50 billion by closing loophole exploited by wealthy...

Market Briefing

Jun 17, 2024

Upbeat forecast

Goldman, Evercore up S&P target to 6,000, people warming to idea of AI money management, retail stocks search for direction, executive pay rises at fastest rate in 14 years, and Gates is ready to put billions into nuclear power...

Market Briefing

Jun 14, 2024

Payday

Tesla investors back Musk’s $56 Billion pay deal, US weekly jobless claims at 10-month high, Biden taps bank bailout cop, Trump tells CEOs he’ll cut corporate tax rate to 20%, and Roaring Kitty doubles down as stake grows to 9 million shares...

Market Briefing

Jun 13, 2024

Most valuable

Fed views upbeat CPI data as ‘progress’, the inflation breakdown in one chart, S&P and Nasdaq close at record highs, Apple overtakes Microsoft most valuable company, and GME hodl’rs are anticipating today’s shareholder meeting...

Market Briefing

Jun 12, 2024

Brace for impact

Wall Street braces for Fed inflation report, Apple shares close at record high, Trump vows to end taxes on tips, Elon Musk withdraws suit against OpenAI, and GameStop raises over $2 billion after Roaring Kitty rally...

Market Briefing

Jun 11, 2024

Security threat?

Apple debuts AI tools, including ChatGPT partnership, Musk threatens iPhone ban over Apple-OpenAI deal, Nvidia stock rises after stock split, FOMC meeting starts today, and the UAW president is under investigation...

Market Briefing

Jun 10, 2024

Wall of money

Goldman sees ‘Wall of Money’ fueling summer rally, GameStop drops surprise earnings as ‘Roaring Kitty’ backs Cohen in livestream, US household wealth hit another record, Tesla will not launch new Model Y this year, and Apple hosts WWDC event today...

Market Briefing

Jun 07, 2024

Billions at stake

Roaring Kitty’s YouTube return puts billions on the line for GameStop, jobs report Is set to confirm steady slowdown, ECB cuts interest rates for the first time in 5 years, Starbucks teams up with Grubhub to reverse sales slump, and short bets against Nvidia stand at $34 billion...

Market Briefing

Jun 06, 2024

Nvidia passes Apple

Nvidia passes Apple becoming second-most valuable public US company, S&P 500 hits 25th record this year, unwinding of popular currency trade rocks markets, SEC hedge fund fee disclosure rule struck down, and Boeing CEO to testify in Senate hearing...

Market Briefing

Jun 05, 2024

TXSE takes on NYSE

Citadel and BlackRock back starting National Stock Exchange in Texas, India's stock markets erase $371 billion in a single day, Amazon’s first US labor union affiliates with Teamsters, Tesla plans to spend $3-$4 billion on Nvidia hardware this year, and E*Trade spurs backlash for threatening to oust 'Roaring Kitty' off platform...

Market Briefing

Jun 04, 2024

Election-strewn June

E*Trade considers kicking meme-stock leader off platform, Wall St tests market fallout of a Trump-Biden rematch, Microsoft confirms layoffs in cloud, mixed reality groups, Paramount and Skydance agree to terms of merger deal, and Berkshire stock drops 99.9% due to NYSE technical glitch...

Market Briefing

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