Archive | Market Briefing

'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

Aug 17, 2023

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10 min read

Ruble to rubble

Fed makes course correction on US recession predictions, Ruble turns to rubble, Target sales punished by backlash, Goldman blames zero-day options for selloff, and high-potency pot draws regulator scrutiny...

Market Briefing

Aug 16, 2023

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11 min read

Fitch warns banks

US retail sales top forecasts, Fitch warns it may be forced to downgrade dozens of banks, Hollywood studios offer writers a new deal, China surprises with rate cuts, Apple to start paying out millions in ‘BatteryGate’ lawsuit, and Tesla launches $10K cheaper Model X & S...

Market Briefing

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