Jun 28, 2024
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12 min read
Supreme Court curbs SEC’s enforcement powers, Goldman signals the end of an era in private equity, Chinese automakers expect 33% global market share by 2030, Tesla’s design changes confuse drivers, and Biden blunders dominate debate with Trump...
Jun 27, 2024
14 min read
Amazon reaches $2 trillion market cap - also launching new discount section with direct shipping from China, top banks sail through Fed's 'stress tests', Japan issues warning against sharp falling yen, and consumers are revolting against high prices...
Jun 26, 2024
15 min read
Volkswagen invests $5 billion in Rivian to form joint venture, the Biden-Trump rematch effect on the stock market, Americans felt shakier about the economy this month, Cruise names former Amazon, Xbox exec as new CEO, and Tesla issues a recall for every cybertruck...
Jun 25, 2024
Nvidia’s three-day selloff has traders scouring charts for support, ocean shipping prices are near pandemic-era highs, David Rubenstein says Fed rate cuts not likely before election, Trump Media stock (DJT) soars 30%, and Julian Assange is ‘free’...
Jun 24, 2024
13 min read
Wall Street can’t keep up with Nvidia growth, Cathie Wood voting for Trump for US economy, US regulators single out four banks for flawed 'living wills', ByteDance taps Broadcom to develop AI chip, and Apple and Meta discuss AI partnership...
Jun 21, 2024
Anthropic announces its most powerful AI yet, Canada joins US and EU tariff moves on Chinese EV’s, SpaceX unveils backpack-sized ‘Starlink Mini’, triple-witching tests market calm, and Bugatti unveils new $4.1 million hybrid hypercar...
Jun 20, 2024
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...
Jun 18, 2024
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...
Jun 17, 2024
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...
Jun 14, 2024
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...
Jun 13, 2024
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...
Jun 12, 2024
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...