Archive | Market Briefing

Lulu x Peloton = Fit Hit

Lululemon strikes deal with Peloton, it’s Lina Khan vs. Jeff Bezos in Big Tech cage match, Goldman says odds of a government shutdown are now 90%, Delta CEO: company went ‘too far’ with Skymiles changes, and ChatGPT users can now search internet...

Market Briefing

Sep 27, 2023

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11 min read

OpenAI seeks $90B valuation

Biden says UAW should fight for 40% pay raise, OpenAI seeks $90 billion valuation in possible share sale, FTC + 17 states sue Amazon on antitrust charges, Target closes 9 stores in major cities due to violence/theft, and FCC announces plans to reinstate net neutrality...

Market Briefing

Sep 26, 2023

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10 min read

Amazon's $4B AI Power Play

Commerce Dept draws on Ex-Wall Streeters for management, US House presses forward with spending cuts, Amazon invests $4 billion in Anthropic to step up AI race, Ford suddenly pauses EV battery plant over CCP ties, and Netflix to mail final red envelope this week...

Market Briefing

Sep 25, 2023

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13 min read

Wells Fargo's wealth war

Biden to visit Michigan tomorrow to support auto strike, Hollywood screenwriters reach deal to end strike, Deion Sanders turns college football into must-see tv, Wells Fargo preps for wealth battle, Rite Aid to shut hundreds of stores, and Tinder to offer $500-a-month subscription by invitation only...

Market Briefing

Sep 22, 2023

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12 min read

Chair Swap: Murdoch Era 2.0

Rupert Murdoch steps down as Chairman of Fox, to be succeeded by son Lachlan, Arm dips below IPO price as short sellers circle, Wall Street’s ‘meh’ reaction to tech IPO’s reveals valuation problem, and 10-year treasury hits 16-year high...

Market Briefing

Sep 21, 2023

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11 min read

Steady rates: higher, longer?

Fed holds rates - warns higher for longer, Klaviyo marks third biggest US IPO in a week, even Airbnb properties now getting a checkmark, Cathie Wood avoided the Arm frenzy, and remember LimeWire? It’s back...

Market Briefing

Sep 20, 2023

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14 min read

Rate roulette: Fed spins

Three things to watch for in Fed announcement, FTX sues SBF’s parents, White House no longer sending officials to Detroit, U.S. national debt hits $33 trillion for the first time, and Musk's Neuralink to start human trial of brain implant...

Market Briefing

Sep 19, 2023

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11 min read

Chicago's trillion dollar exodus?

Chicago’s future at risk of trillion-dollar exodus, Joby Aviation to build historic ‘flying taxi’ production plant in Ohio, salary transparency is sweeping across the US, Amazon preps for second Prime Day in October, and Elon Musk says ‘X’ is moving to monthly subscription fees...

Market Briefing

Sep 18, 2023

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12 min read

White House: strike-breaker?

White House deploys team to Detroit to help resolve UAW strike, US is trending in the Fed’s direction, the GME short squeeze is now ‘Dumb Money’, Sequoia, Andreessen get hosed on 2021 Instacart investment, and Byron Allen makes $10 billion bid for Disney’s ABC and other networks...

Market Briefing

Sep 15, 2023

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12 min read

Nasdaq's ARM Lift

Arm soars in trading debut marking the year’s biggest IPO, August wholesale inflation hotter than expected, Disney talks sale of ABC with Nexstar, Dalio says no to bonds - yes to cash, and Goldman fires leaders over lapses...

Market Briefing

Sep 14, 2023

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11 min read

CPI: Wall Street shrugs

Inflation ticks up to biggest jump since January, Wall Street shrugs, Kim Jong Un meets Putin in Russia for rare summit, China’s iPhone ban appears to be retaliation, Citi to cut jobs - revamp top management, and Starbucks founder steps down from board...

Market Briefing

Sep 13, 2023

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13 min read

US vs Google

US vs Google 10-week antitrust trial day 1 recap, Apple event finale has Gen Z popstar drop music video shot on iPhone 15, Mexico overtakes China as biggest U.S. trading partner, 2024 election ad spend to top $10 billion, and Binance CEO departs - cuts third of staff...

Market Briefing

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