Archive | Market Briefing

Steep hikes

Biden hikes tariffs on an array of Chinese imports, China vows to take ‘all necessary actions’ in response, the meme stock revival continues, Boeing breached prosecution deal DOJ finds, and Alphabet unveils beefed-up AI search and chatbot...

Market Briefing

May 14, 2024

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12 min read

He's back

'Roaring Kitty’ resurfaces reviving meme mania, GME short sellers already lost $1 billion from Monday’s monster rally, OpenAI debuts GPT-4o ‘omni’ model, airlines sue Biden admin over fee disclosure rule, and brace for big inflation data ahead...

Market Briefing

May 13, 2024

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13 min read

New weapon

Market faces most crucial inflation reading of 2024, Crypto is Trump’s new weapon, Apple store workers vote to authorize strike, Americans are racking up ‘phantom debt’, and OpenAI to announce Google search competitor today...

Market Briefing

May 10, 2024

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13 min read

EV tariffs

Biden set to impose tariffs on China EVs, Robinhood makes headway beyond trading, Apple to power AI tools with in-house chips, relief from high mortgage rates not coming soon, and Musk may testify again in SEC's Twitter probe...

Market Briefing

May 9, 2024

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14 min read

Falling behind

S&P ‘bumps into a wall’, China is falling behind in race to become AI superpower, AstraZeneca withdraws COVID-19 vaccine from global market, Musk’s xAI nears funding at $18 Billion value, and Trumps war on short sellers pays dividends...

Market Briefing

May 8, 2024

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14 min read

NFL <> PE

Apple revamps iPads with AI Pro model, Reddit soars after strong first report since IPO, TikTok, ByteDance sue to block divest-or-ban law, Tesla pulls the plug on supercharger, and NFL to allow teams to sell 30% of franchise to private equity...

Market Briefing

May 7, 2024

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15 min read

Run of the year

S&P on track for biggest run this year, Treasuries mint cash like never before, FAA opens probe into Boeing Dreamliner, Nio’s on track this month to unveil its first mass-market car, and Tesla lays off more staff...

Market Briefing

May 6, 2024

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12 min read

Next big industry

China buying gold like there’s no tomorrow, Buffett talks succession plan at annual meeting - full recap here, says AI scamming will be the next big ‘growth industry’, UAW workers ratify labor deal with Daimler Truck, and Sony and Apollo in Talks to Acquire Paramount officially in talks to acquire Paramount...

Market Briefing

May 3, 2024

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12 min read

Historic buyback

Apple announces largest buyback in US history, Sony, Apollo make $26 Billion cash offer for Paramount, Wall Street confused and divided over rate cuts this year, US v. Google antitrust trial concludes, and Peloton CEO steps down along with 15% of staff...

Market Briefing

May 2, 2024

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14 min read

UNCH

Fed leaves rates unchanged, Apple set for big sales decline, tech execs internal communications released, Yen gives up ground vs dollar, and another Boeing whistleblower is dead...

Market Briefing

May 1, 2024

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15 min read

Moving day

Traders expect big Fed-day move, Musk’s goes ‘absolutely hardcore’ with Tesla layoffs, consumer confidence slumps, US newspapers sue Microsoft and OpenAI over copyright, and pot stocks surge on report DEA reclassifying marijuana...

Market Briefing

Apr 30, 2024

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15 min read

Overreach

Biden admin faces an onslaught of lawsuits from business groups for overreach, Paramount CEO Bakish departs amid merger scramble, Musk wins China's backing for Tesla's driver-assistance, 10 to 15 more tech IPOs on the 2024 horizon, and Apollo accused of an illegal human life wagering scheme...

Market Briefing

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