Dec 16, 2024
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12 min read
The Fast Five → Palantir, MicroStrategy, Axon Join Nasdaq 100, Bitcoin surges above $106,000, Broadcom hits trillion-dollar valuation, T-Mobile announces $14 billion share buyback, and Happy 400th birthday to the world’s oldest bond...
Dec 13, 2024
13 min read
S&P 500’s record rally shows cracks, Trump rings bell at NYSE, Congress introduces bills to break up health conglomerates, Broadcom shares soar 13%, and YouTube TV’s monthly cost soars to $82.99...
Dec 12, 2024
14 min read
Magnificent seven back in pole position, Big Tech drives Nasdaq to 20,000, Tesla surges to first all-time high in 3 years, Alphabet soars to all-time high, and inflation gives Fed green light for December cut...
Dec 11, 2024
Alphabet shares jump on 'breakthrough' quantum chip, Xi readies bargaining chips for US trade war, Trump picks Andrew Ferguson to chair FTC, Kroger’s $24.6B Albertsons deal blocked by judges, and GM to exit Cruise robotaxi business...
Dec 10, 2024
10 min read
S&P 2025 projections have a new high-water mark, UnitedHealth plunges as company faces new scrutiny, US importers set to accelerate shipments to record levels, Amazon is bringing QuickBooks to its millions of third-party sellers, and OpenAI releases anticipated text-to-video model Sora...
Dec 9, 2024
11 min read
Trump has no plans to remove Fed Chair Powell, “AI’s growth is just getting started”, BRICS have no interest in weakening USD, Trading platform eToro plans IPO, and Palantir, Anduril sign partnership for AI training in defense...
Dec 6, 2024
David Sacks named as White House AI and Crypto Czar, Musk works Congress eying targeting $2 trillion budget chop, Bitcoin true believers bask in ‘I-told-you-so glow’, electricity demand forecast to surge 16% over next five years, and GameStop jumps after post from 'Roaring Kitty' rekindles hype...
Dec 5, 2024
Bitcoin hits $100,000 in highly anticipated milestone, Trump picks Atkins to run SEC in crypto-friendly move, UnitedHealth CEO fatally shot in NYC, hedge funds make MicroStrategy Wall Street’s hottest trade, and Robinhood considers move into sports betting...
Dec 4, 2024
Investor reaction to South Korea’s crisis, Celsius founder pleads guilty in fraud case, Cyber Monday was the biggest online shopping day ever, Intel looks outside of company for new CEO, and Larry Fink is making a new generation of billionaires (richer than him)...
Dec 3, 2024
Fed leaning toward December rate cut, Intel CEO forced out by board, Super Micro pops nearly 30% after probe finds no ‘evidence of misconduct’, Bezos backs Nvidia rival, and Enron announces return in elaborate prank...
Dec 2, 2024
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...
Nov 27, 2024
8 min read
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...