Archive | Market Briefing

BRICS warned

Trump threatens 100% tariffs on BRICS, Musk asks court to block OpenAI from converting to a for-profit, Black Friday spending rose 3.4%, world markets head for reality check after month of Trump, and Stellantis CEO Carlos Tavares resigns...

Market Briefing

Nov 27, 2024

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8 min read

Economic, trade picks

Wall Street hits records despite tariff talk, Trump picks key posts for enacting tariff/tax plans, consumer confidence at a 16-month high, OpenAI gets a $1.5 billion investment, and Bitcoin rally to $100k stalls as long-term holders cash out...

Market Briefing

Nov 26, 2024

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14 min read

Tariff threat roils market

Trump roils markets with tariff threat, Macy's delays earnings saying employee hid millions, Super Micro’s stock extends historic surge, Meta faces FTC case seeking to unwind Instagram merger, and Kohl’s picks CEO of Michaels to help turn it around...

Market Briefing

Nov 25, 2024

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13 min read

Traders embrace Bessent

Trump taps hedge fund exec Bessent for Treasury Secretary, shoppers are 'Picky' heading into Black Friday, small/mid-caps stole the limelight last week, bond market halts brutal run as buyers pounce on 4.5% yields, and Elon Musk jokes about buying MSNBC with risqué meme: ‘Temptation’...

Market Briefing

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

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

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

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

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

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

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

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

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