Archive | Market Briefing

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

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13 min read

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 7, 2024

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13 min read

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 6, 2024

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14 min read

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 5, 2024

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15 min read

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 4, 2024

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13 min read

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

Jun 3, 2024

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13 min read

All eyes on GME

GameStop set to jump as 'Roaring Kitty' reveals $180M position, Nvidia announces next-Gen AI Platform for 2026, Key engines of consumer spending are losing steam all at once, penny stock trading boom prompts warnings of frothy markets, and homebuyers are starting to revolt over steep prices...

Market Briefing

May 31, 2024

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14 min read

Verdict volatility

Wall Street braces for volatility after Trump verdict, Wall Street Billionaires are rushing to back Trump, TikTok preparing a US copy of the app’s core algorithm, S&P experiences pricing glitch, and Tesla shareholders advised to reject Musk’s pay package...

Market Briefing

May 30, 2024

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15 min read

Emerging market picks

Goldman sees India’s stocks, bonds and Rupee as top emerging market picks, Salesforce plunges 16% on first revenue miss in 18 years, Wall St says shift to faster trade settlement smooth so far, US firms grow more pessimistic on economic outlook, and McDonald’s says average menu item costs 40% more than 2019...

Market Briefing

May 29, 2024

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15 min read

Mega merger

Hess investors sign off on $53 billion Chevron takeover, Samsung Electronics' union threatens first ever walkout, Nvidia's market value surges closer to Apple, GameStop shares jump 30+%, and Ex-OpenAI, and ex-OpenAI safety leader joins rival Anthropic...

Market Briefing

May 28, 2024

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13 min read

Markets shift to T+1 trading

Wall Street returns to T+1 stock trading after a century, Elon’s xAI raises $6 billion in race against ChatGPT, China creates $47.5 billion chip investment fund - its largest-ever, gold and silver poised to resume uptrend, and Alibaba's AliExpress signs David Beckham as new brand ambassador...

Market Briefing

May 24, 2024

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12 min read

ETH <> ETF

Ether ETFs get approval from FTC, House votes to block Fed from creating digital currency, a sudden container crunch sends ocean freight rates soaring. Musk says he favors ‘no tariffs’ on Chinese EVs, and DOJ sues to break up Live Nation, Ticketmaster ‘monopoly’...

Market Briefing

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