The briefing Wall Street & C-Suites are reading.
China stocks reopen with a roar, DOJ wants to remake Google’s empire, 10-yr Treasury yields shifts lower after crossing 4%, Goldman lowers recession odds to just 15%, and Costco’s gold bars fly off shelves as prices smash records...
Blowout US employment report reinforces economy's resilience, activist Starboard Value takes $1 Billion stake in Pfizer, Bond traders buckle up for ‘no landing’, Apple moves away from annual product releases, and ports rush to reopen after first major strike in decades...
Port Union agrees to suspend strike, US facing economic turbulence, oil markets get a jolt, investors are scrambling to get into ElevenLabs, and OpenAI gets $4 billion revolving credit line...
Port workers union backed by White House, OpenAI raises $6.6 billion, Toyota pours another $500M into air taxi startup, JPMorgan says IPO market for PE-backed firms is ‘very’ open, and Jensen Huang’s looking at the next wave of AI...
Escalating Middle East tensions spook investors, port strike could reignite inflation, Japan’s ‘carry trade’ slowly begins to unwind, Anthropic hires OpenAI co-founder, and Nike withdraws guidance, stock falls ...
Rally shakes off Powell, port workers strike on east and gulf coasts, gold has best quarter in four years, Softbank to invest $500M in OpenAI, and Nvidia rival files for IPO...
Eastern ports prepare to close - White House under pressure, Fed brings the economy in for a so-called ‘soft landing’, Chinese stocks heading for a bull market, Newsome vetoes contentious AI safety bill, and Apple drops out of talks to join OpenAI investment round...
China stocks set for best week since 2008, Harris, Dem sweep could mean massive tax hike for S&P 500 companies, silver surges to the highest since 2012, DOJ probes Super Micro Computer, and Nvidia is back in the $3 trillion club...
OpenAI to give Altman 7% stake in for-profit shift- top execs exit, China weighs $142 billion capital injection into top banks, mortgage refinance demand surges 20%, FTC cracks down on deceptive AI, and Meta unveils cheaper $299 Quest 3S VR headset...
Wall Street jockeys for jobs as election nears, Americans growing worried about direction of economy, Senate grills Novo Nordisk drug pricing, DOJ slaps Visa with antitrust suit, and Boeing is raising its offer to end the strike...