Archive | Market Briefing

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

Sep 12, 2023

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11 min read

Arm's IPO: 10x Surge

Arm’s IPO orders already oversubscribed 10x, Huawei releases 5G foldable phone ahead of today’s Apple event, Instacart slashes valuation, and Jamie Dimon slams stricter capital rules...

Market Briefing

Sep 11, 2023

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12 min read

China: Upsetting Apple's cart?

Apple suppliers slide on China anxiety, threat from Huawei, iPhone 15 event kicks off tomorrow, Barclay’s to cut hundreds of jobs, and United Auto Workers rejects all three contract offers, prepared to strike......

Market Briefing

Sep 8, 2023

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11 min read

iPhone ban-wagon

Apple’s 2-day slide nears $200 billion, China seeks to broaden iPhone ban, 46% of 401(k) investors admit to being clueless about their investments, Walmart lowers starting pay, and former FTX exec to forfeit $1.5 billion pleading guilty...

Market Briefing

Sep 7, 2023

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12 min read

Monopoly: Google Edition

Google is DOJ’s first monopoly trial of modern internet era, U.S. gov investigating Huawei’s breakthrough smartphone, Apple and Arm sign deal that goes beyond 2040, 70K+ daycare programs at risk of closure, and are you ready to stream some football?

Market Briefing

Sep 6, 2023

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11 min read

Arm Flexing $52B IPO

Arm seeks up to $52 billion valuation in year’s biggest IPO, Apple-Google-Nvidia say they’re open to buying shares, what Huawei’s comeback says about tech war, Country Garden dodges another default, and it’s the end of Airbnb in New York...

Market Briefing

Sep 5, 2023

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10 min read

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

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