Archive | Market Briefing

Inflation Hits 2-Year Low

Inflation hits 2-year low, FTC preparing quick appeal of Microsoft-Activision loss, ‘Prime Day’ pushes online sales up 6% in first 24 hours, Cathie Wood’s ARK fund hits 11-month high, Diddy officially launches marketplace for black businesses, and Jefferies says mega cap M&A ‘is back’...

Market Briefing

Jul 12, 2023

•

8 min read

Microsoft's Mega Move Approved

Microsoft's $69B Activision deal gets US judge ‘go-ahead’ despite White House objection, Meme stocks are back, Americans prepare for tighter budgets as student loan payments resume, MyPillow auctioning off hundreds of items after retailers drop product, and fraudster Elizabeth Holmes gets two years shaved off her sentence...

Market Briefing

Jul 11, 2023

•

9 min read

Chip-Flip: $19.5B deal axed

Apple supplier Foxconn pulls out of $19.5B chip project, Turkey agrees to back Sweden’s NATO bid, China slides to brink of deflation, Cava dubbed the new Chipotle, and Threads is now the fastest growing app in history...

Market Briefing

Jul 10, 2023

•

8 min read

Shein takes on Amazon

No big breakthroughs in Yellen’s trip to China, jobs report misses expectations, Shein takes on Amazon in the business of selling everything, Huawei unveils latest AI model, and Zuck trolls Musk on Threads

Market Briefing

Jul 7, 2023

•

8 min read

Twitter to sue Meta

Musk lawyer sends letter to Zuckerberg threatening legal action, banks line up $9.4 billion for Worldpay takeover, Ford sales jump nearly 10% on big gains for F-Series trucks, turns out Taylor Swift DID agree to FTX partnership, and employee “well-being” is turning into a new C-suite role...

Market Briefing

Jul 6, 2023

•

8 min read

Meta's 'Twitter Killer'

Most Fed officials agreed to skip June hike - minutes show, meet Meta’s new Twitter competitor, Soros Foundation cuts 40% of staff 1 month after empires handed over to son, Goldman Sachs loses top M&A ranking for the first time in 5 years, and SVB to sell investment bank back to founder for $100M...

Market Briefing

Jul 3, 2023

•

7 min read

Student debt derailed

The Supreme Court strikes down Biden’s student loan forgiveness, Twitter imposes new daily limits, Walgreens closing 150 US stores, ESPN lays off 20. on-air personalities, and court orders Kraken to turn over transaction history and account info to IRS...

Market Briefing

Jun 30, 2023

•

8 min read

Go woke, go broke?

“Go woke or go broke” billionaire Chamath warns NYC, Shein’s influencer backlash, Google removes Canadian news from search over new law, DoorDash expands to more on-demand categories, and Virgin Galactic completes first commercial flight...

Market Briefing

Jun 29, 2023

•

5 min read

$2.5 billion fraud

The Justice Dept charges $2.5 billion in health-care fraud, Tesla starts running ads, Musk accepts UFC champion’s offer for Zuck fight training, Brookfield on a $50 billion deal spree, and Starbucks to offer ‘cleaner’ store decor guidelines after pride clash...

Market Briefing

Jun 28, 2023

•

8 min read

Silicon Valley... truly hardwired?

Silicon Valley is on drugs, consumer confidence at 1-1/2-year high, Cathie Wood’s ARK Bitcoin ETF first-in-line for SEC approval, the raging war over remote work, Ryan Seacrest = the new Pat Sajak, and Airbnb’s offering free stays at Barbie’s Malibu Dreamhouse...

Market Briefing

Jun 27, 2023

•

8 min read

Top brass chopped

Goldman Sachs to lay off 125 managing directors, Microsoft’s 2030 $500 billion revenue goal, aborted mutiny sends rouble to 15-mo low, Pfizer in race to develop Ozempic rival, and SLC next fintech hub?

Market Briefing

Jun 26, 2023

•

7 min read

Coup d'etour

Silence cloaks the Kremlin after mutiny, Meta pulls news from FB and IG in Canada, Ellison sells Oracle stock - first time in 2 years, Legacy media faces dark times as failures mount, and former software engineer is turning SVB collapse into musical...

Market Briefing

1...61 62 63 64 65