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UPS cuts 12K

Jan 31, 2024

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15 min read

UPS cuts 12K

UPS cuts 12,000 jobs, Judge voids Musk’s $55 Billion pay package, Walmart announces 3-for-1 stock split, consumer confidence hits highest level in 2+ years, and PayPal to cut around 2,500 jobs...

Market Briefing
Market Briefing
Flutter debut

Jan 30, 2024

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13 min read

Flutter debut

Draftkings challenger Flutter lists on the NYSE, Blackrock upgrades US stocks, popular ‘Smartless’ podcast leaves Amazon for $100M SiriusXM deal, Sen. Warren pushes Powell to cut ‘astronomical’ rates, and Musk says first human has received brain implant...

Market Briefing
Market Briefing
Big Tech earnings

Jan 29, 2024

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14 min read

Big Tech earnings

Market’s fate rests on Big Tech earnings, HK court orders China Evergrande to liquidate, Fed rate decision could signal March cut, United Airlines resumes Boeing 737 MAX 9 flights, and world's largest cruise ship sets sail from Miami...

Market Briefing
Market Briefing
US leads China

Jan 26, 2024

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13 min read

US leads China

Alphabet, Microsoft and Meta close at all-time highs, GDP surprises with 3.3% growth last quarter, US extends lead over China in economic race, tech companies slash thousands of jobs pivoting toward AI, and Southwest Airlines removes Boeing Max 7 from 2024 plans...

Market Briefing
Market Briefing
FAA freezes 737's

Jan 25, 2024

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13 min read

FAA freezes 737's

China weighs stock market rescue package, S&P 500 notches third straight record high close, Netflix pays $5 Billion for WWE’s ‘Raw’, unemployment rises in nearly a third of US states, and Red Sea turmoil sends economic shockwaves far and wide...

Market Briefing
Market Briefing
China's $278B lifeline

Jan 24, 2024

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15 min read

China's $278B lifeline

China weighs stock market rescue package, S&P 500 notches third straight record high close, Netflix pays $5 Billion for WWE’s ‘Raw’, unemployment rises in nearly a third of US states, and Red Sea turmoil sends economic shockwaves far and wide...

Market Briefing
Market Briefing
Bull market

Jan 23, 2024

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13 min read

Bull market

S&P hits new all-time high, India overtakes Hong Kong as fourth-largest stock market, voice cloning startup ElevenLabs achieves unicorn status, Wall Street opposition to Trump collapses, and Mr Beast nears $100M TV deal with Amazon...

Market Briefing
Market Briefing
DeSantis out

Jan 22, 2024

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12 min read

DeSantis out

DeSantis drops out of 2024 race- endorses Trump, consumer sentiment surges to highest since 2021, AI regulation dominates the conversation at Davos, JetBlue/Spirit to appeal blocked merger, and Buffett tells Citigroup CEO to keep going with overhaul...

Market Briefing
Market Briefing
Reddit IPO countdown

Jan 19, 2024

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17 min read

Reddit IPO countdown

Reddit plans to launch IPO in March, Red Sea attacks already bigger supply chain issue than pandemic, jobless claims plunge to lowest level since Sept ‘22, Lenovo betting its Motorola brand will be 3rd largest globally, and Macy’s to cut 3.5% of workforce and 5 stores...

Market Briefing
Market Briefing
Blinken stranded... literally

Jan 18, 2024

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15 min read

Blinken stranded... literally

Blinken stranded after Boeing 737 breaks down, Spirit Airlines shares sink 20% in second day of losses after blocked merger, EV owners unable to charge in freezing weather, Apple sales ban restarts today, and Samsung packs newest Galaxy smartphones with AI to beat Apple...

Market Briefing
Market Briefing
Trump-linked stocks jump

Jan 17, 2024

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14 min read

Trump-linked stocks jump

Trump-linked stocks jump after emphatic win in Iowa, China misses Q4 GDP estimates with growth set to slow in 2024, JetBlue’s $3.8B Spirit deal is turning into a nightmare, Boeing CEO to visit main 737 supplier as crisis grows, and AMD shares jump to highest close since 2021...

Market Briefing
Market Briefing
Citigroup's radical overhaul

Jan 16, 2024

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13 min read

Citigroup's radical overhaul

Citi to lay off 20,000 employees in overhaul, IMF warns AI to hit almost 40% of jobs worldwide, US economy set for another cash boost if Congress backs tax deal, Microsoft expands AI Copilot to consumers, and Hertz selling 20,000 EV’s switching back to gas-powered cars...

Market Briefing
Market Briefing
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