Archive | Market Briefing

Huawei's bold move

Huawei launches Mate 60 Pro phone powered by China chip despite sanctions, US unemployment spikes to 3.8%, Fed likely done with rate hikes, Moody’s lifts 2023 U.S. growth forecast, and Mercedes and BMW take on Tesla revealing EV concepts in Munich...

Market Briefing

Sep 1, 2023

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11 min read

UAW drives charge against GM

United Auto Workers files charges against GM, Stellantis, UBS cuts costs and jobs after $29 billion windfall, judge rules Trump trial will be streamed live, Goldman drums up IPO renaissance, and Apple tests 3D printing new Apple Watch...

Market Briefing

Aug 31, 2023

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13 min read

'High Time' for change

HHS calls for easing marijuana restrictions, Walmart launches first 'Seller Summit' in Vegas to boost third-party marketplace, challenge Amazon, Google announces new Pixel phone event on Oct. 4, Biden pledges $95M for Hawaii’s electric grid, and Tesla’s new Model 3 ‘Highland’ has been spotted in Germany (see pics)...

Market Briefing

Aug 30, 2023

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10 min read

Gensler vs Grayscale

Grayscale wins landmark battle against SEC, Apple sends invites for iPhone 15 Sept. 12 launch, Meta disrupts massive disinformation campaign tied to Chinese law enforcement, Klaviyo could break the unicorn IPO logjam, and Google unveils enterprise AI tools...

Market Briefing

Aug 29, 2023

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11 min read

OpenAI launches ChatGPT 'Enterprise'

United Auto Workers in ‘war’ against Detroit carmakers, Trump DC trial set for March 2024, Hawaiian Electric points finger at Maui County over wildfires, Goldman unloads another business under Solomon, and Nordstrom shutters flagship San Francisco store over crime...

Market Briefing

Aug 28, 2023

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11 min read

Is the Fed done?

Powell has bond traders right where he wants them, SpaceX capsule with 4 astronauts docks at space station, Instacart files to go public, United Auto Workers prepare to strike, and Amazon will soon let you buy with your palm at any Whole Foods...

Market Briefing

Aug 25, 2023

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13 min read

Powell speaks 10:05 am ET

All eyes on Powell’s - pivotal speech believed to aim right down the middle, Trump surrenders in Georgia, Google/Amazon/Nvidia invest big in Hugging Face AI startup, DOJ sues SpaceX for discrimination, and Subway sells itself to Roark...

Market Briefing

Aug 24, 2023

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12 min read

Nvidia's blowout

Nvidia tops estimates - sales projected to jump 170% this quarter, all eyes on Powell’s Jackson Hole speech tomorrow, Wagner mercenary Prigozhin killed in plane crash, Esmak scraps bid for U.S. Stell, and India becomes fourth country to land on moon - first on south pole...

Market Briefing

Aug 23, 2023

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10 min read

Teamsters for the win

Teamsters ratify historic UPS contract, Arm reveals plans for blockbuster IPO, American Airlines pilots approve sweetened labor deal, Maui victims fear land grab will threaten culture, and New York Airbnb enforcement has hosts and guests scrambling...

Market Briefing

Aug 22, 2023

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11 min read

S&P joins Moody's

S&P joins Moody’s in cutting US banks, Fed's long-term GDP outlook is dismal, why Xi Jinping is letting China’s economy fail, Covid vaccine stocks jump as new variants emerge, and Pentagon space arm awards $1.5B contract to Lockheed, Northrop...

Market Briefing

Aug 21, 2023

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12 min read

SoCal double trouble

SoCal hammered by earthquake as tropical storm descends, Biden assures Maui residents they will control rebuilding, Zelenskyy vows retaliation for Chernihiv attack, Nissan recalls 236K Sentras, and looming auto workers strike could cost the US over $5 billion in 10 days...

Market Briefing

Aug 18, 2023

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13 min read

Bitcoin dives

Bitcoin takes a 9% dive, Walmart sales are surging, the inflation reduction act spurs $500 billion in investments, China’s dangers erupt with shadow bank crisis, and Goldmann plans a hiring spree...

Market Briefing

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