The Finimize Daily Brief

Defense And Energy Companies Are Preparing For Growth, And China Announced A $1.4 Trillion Spending Boost

09 Nov 2024

Contributed by Lukas

Defense and energy companies are preparing for growth, with new US policies expected to work in their favor, while China announced a $1.4 trillion spe...

The Fed And The Bank of England Both Cut Interest Rates, While Investors Upped Their Bets On Higher-Risk Assets

08 Nov 2024

Contributed by Lukas

Interest rate cuts landed at the same time from the Federal Reserve and Bank of England, while investors upped their bets on risky assets following th...

Markets Are Responding To Fading Election Uncertainty, And Sales Of Novo Nordisk’s Weight-Loss Drugs Boomed

07 Nov 2024

Contributed by Lukas

Stocks and crypto surged as US election uncertainty faded away, while Novo Nordisk’s weight-loss drugs helped its bottom line in the third quarter.T...

Saudi Aramco’s Earnings Slipped, And Foreign Investors Pulled Out Of Indian Stocks

06 Nov 2024

Contributed by Lukas

Saudi Aramco’s earnings were on the slide, but shareholders still got their money from a hefty dividend, while foreign investors said goodbye to Ind...

Buffett Swapped Apple For Cash, And Nvidia Got Ready To Join The Dow

05 Nov 2024

Contributed by Lukas

Warren Buffett swapped Apple stock for cash and paused Berkshire Hathaway’s buybacks, while Nvidia got ready to join the Dow Jones Industrial Averag...

US Job Growth Slumped To A Four-Year Low, But Exxon And Chevron Beat Expectations

02 Nov 2024

Contributed by Lukas

The US job market had a rough month with hurricanes and labor strikes taking a toll, while energy stocks had a small renaissance – but it's nuc...

Amazon And Apple Both Topped Expectations, And Global Demand For Gold Hit An All-Time High

01 Nov 2024

Contributed by Lukas

Amazon and Apple both topped expectations, but Apple took a sour $10.2 billion tax hit, while high gold prices didn’t deter everyone, so global dema...

Meta And Microsoft Served Up Wins, And The UK Announced Plans To Hike Taxes And Borrowing

31 Oct 2024

Contributed by Lukas

Meta and Microsoft served up wins on sales and profits, while Britain went big as it announced plans to hike taxes and borrowing to increase economic ...

Alphabet Posted Strong Third-Quarter Results, But McDonald’s Update Wasn’t Quite A “Happy” Meal

30 Oct 2024

Contributed by Lukas

Alphabet got all “A”s in its latest results, beating expectations in cloud and advertising, while McDonald’s quarterly update wasn’t an altoge...

Companies In The S&P 500 Have Been Falling Short Of Analyst Estimates, And Oil Prices Slumped

29 Oct 2024

Contributed by Lukas

Companies in the S&P 500 haven’t had much luck, with more of them falling short of analyst estimates, while oil prices slumped after an anticipa...

Colgate’s Solid Earnings Weren’t Enough To Make Investors Smile, And Germany’s Business Morale Lightened Up

26 Oct 2024

Contributed by Lukas

Colgate’s latest earnings were pearly, but investors weren’t flashing any smiles, while Germany’s business morale lightened up after a sour few ...

Hermès Made A Statement With Its Latest Results, And Ozempic Was Linked To A Lower Risk Of Alzheimer’s

25 Oct 2024

Contributed by Lukas

Hermès made a splashy statement with its latest results, outshining its luxury rivals, while Novo Nordisk’s popular weight-loss drug has been linke...

Goldman Sachs Downgraded India’s Stocks, And BlackRock Launched Two AI-Focused ETFs

24 Oct 2024

Contributed by Lukas

Goldman Sachs isn’t feeling India right now, pulling back amid weaker growth and earnings disappointments, while BlackRock’s charging into the AI ...

General Motors Beat Expectations, And SAP’s Shares Hit An All-Time High

23 Oct 2024

Contributed by Lukas

General Motors’ third-quarter results zoomed past investors’ expectations, while SAP boosted its annual earnings forecast thanks to rising cloud r...

Perplexity Is Looking To Raise Funds At An $8 Billion Valuation, And China Cut Its Interest Rates

22 Oct 2024

Contributed by Lukas

No one seemed too confused about AI startup Perplexity, as excited investors pushed its potential valuation to $8 billion, while China cut its interes...

Gold’s Price Hit A New All-Time High, And China Just Barely Beat Growth Forecasts

20 Oct 2024

Contributed by Lukas

Gold reached an all-time high – in a surefire hint that investors are more anxious than they seem – while China’s economy gave off mixed vibes, ...

The ECB Trimmed Interest Rates Again, And Blackstone Announced A New Record

18 Oct 2024

Contributed by Lukas

The European Central Bank cut eurozone interest rates for the third time this year, while alternative asset manager Blackstone gained mainstream appea...

Global Stocks Slipped After Updates From LVMH And ASML, And Overseas Investors Have Been Selling India’s Stocks

17 Oct 2024

Contributed by Lukas

Two European heavyweights punched a hole in market sentiment, while global investors said “goodbye” to India and “hello again” to China.Today’...

Three Big Banks Beat Profit Expectations, And The IMF Reported That Government Debt Is Growing

16 Oct 2024

Contributed by Lukas

Three big banks outscored analyst estimates with their third-quarter results, while government debt is on the up and likely to saddle countries with t...

China Announced A Stimulus Plan But Left Out The Details, And A Drought In Vietnam Is Impacting Coffee Growers

15 Oct 2024

Contributed by Lukas

China announced a spendy stimulus plan, but skimped on the details, while drought conditions in Vietnam have created a major headache for the country’...

JPMorgan Chase ​​Beat Expectations, And BlackRock Announced A Record-Breaking Quarter

12 Oct 2024

Contributed by Lukas

JPMorgan Chase kicked off banks’ earning season in style, and BlackRock – the world’s biggest investment manager – announced a record-breaking...

US Inflation Came In Ahead Of Expectations, And Delta Predicted A Profitable Fourth Quarter

11 Oct 2024

Contributed by Lukas

US inflation in September came in ahead of expectations, potentially forcing the central bank’s hand, while Delta Air Lines predicted a profitable f...

Rio Tinto Announced That It’s Acquiring Arcadium Lithium, And TSMC Posted Dazzling Revenue

10 Oct 2024

Contributed by Lukas

Rio Tinto agreed a $7 billion deal to buy Arcadium, eager to become a big player in the lithium market, and chipmaker TSMC smashed through revenue exp...

China's Stock Market Rally Fizzled Out, And PepsiCo Announced Disappointing Results

09 Oct 2024

Contributed by Lukas

Chinese investors returned from their holiday week and ruined the stock market’s party, while PepsiCo announced a weaker-than-expected third-quarter...

UK House Prices Rose Again, And Tokyo Metro Is On Track For A Big IPO

08 Oct 2024

Contributed by Lukas

UK house prices rose for the third month in a row, while Tokyo Metro is headed for Japan’s biggest initial public offering since SoftBank.Today’s ...

The US Added Far More Jobs Than Predicted, And The EU Voted For Import Taxes On Chinese EVs

05 Oct 2024

Contributed by Lukas

The US added more jobs than expected, setting the stage for stocks to rise, while the European Union voted to impose import taxes on Chinese electric ...

OpenAI Raised $6.6 Billion, And Tesco Lifted Its Profit Forecast For The Year

04 Oct 2024

Contributed by Lukas

OpenAI made history with its $6.6 billion funding round, while Tesco – the UK’s top supermarket – showed resilience despite a tough environment....

Investors Are Forecasting S&P 500 Companies Will Pump Up Their Profits, And Tesla Delivered Fewer Vehicles Than Expected

03 Oct 2024

Contributed by Lukas

This earnings season, investors are forecasting S&P 500 companies will deliver profit growth for the fifth consecutive quarter, while Tesla announ...

HSBC Lowered Its Oil Price Forecasts, And Eurozone Inflation Came In Below The ECB’s Target

02 Oct 2024

Contributed by Lukas

Increases in oil production could lead to prices falling, according to HSBC, while European inflation eased – setting the stage for interest rate cu...

Chinese Stocks Just Had Their Best Week Since 2008, And DirecTV And EchoStar Are Teaming Up

01 Oct 2024

Contributed by Lukas

Chinese stocks continued to rally thanks to government intervention, while “merger Monday” this week had its share of blockbusting winners and (ha...

Money Market Funds Hit Record Levels, And Japan’s Leadership Result Shocked Markets

28 Sep 2024

Contributed by Lukas

Investors have pushed a record $6.8 trillion into US money market funds, while Japan’s surprise leadership result sent a shock through the country&a...

OpenAI Is Pushing To Become For-Profit, And China's Stock Market Jumped Again

27 Sep 2024

Contributed by Lukas

OpenAI started pushing to become a for-profit company, and key execs left the building the very same day, while China’s stock market rally continued...

The Global AI Market Could Hit $1 Trillion By 2027, And Canva Is Gearing Up For An IPO

26 Sep 2024

Contributed by Lukas

Consultancy firm Bain predicted that the global AI market could reach $1 trillion by 2027, while design platform Canva has drawn up plans for an initi...

China’s Stocks Rallied On News Of Financial Support, And The US Election Could Threaten The Country’s Climate Plans

25 Sep 2024

Contributed by Lukas

News of financial support brought about China’s biggest stock rally in over four years, while the US green agenda has been circling the drain – an...

Qualcomm’s Considering A Friendly Takeover Of Intel, And The Eurozone’s Private Sector Shrank

24 Sep 2024

Contributed by Lukas

Qualcomm sidled up to Intel in what could become the tech industry’s biggest-ever takeover, while the eurozone’s private sector dropped off by mor...

Three Big US Money Managers Have Been Snubbing ESG, And The UK’s National Debt Is Now The Size Of Its Economy

21 Sep 2024

Contributed by Lukas

The biggest US money managers pared back their approvals for ESG proposals, while the UK’s national debt added up to 100% of the country’s economi...

Demand For Expensive Swiss Watches Ticked Up, And India Overtook China In A Big Stock Market Index

20 Sep 2024

Contributed by Lukas

Demand for the most expensive Swiss watches picked up while “cheaper” timepieces fell behind, and India’s runaway stock market just propelled th...

BlackRock, Microsoft, And MGX Are Launching A New AI Fund, And UK Inflation Held Steady Last Month

19 Sep 2024

Contributed by Lukas

Three big-name firms teamed up to build a fund focused on AI investments, and they’re set on raising $30 billion, while UK inflation stayed slightly...

Intel Plans To Spin Off Its Manufacturing Business, And US Retail Sales Came In Strong

18 Sep 2024

Contributed by Lukas

Intel announced major cost cuts and restructuring plans, while US retail sales defied pessimistic predictions by picking up in August.Today’s storie...

More Americans Have Been Defaulting On Their Debts, And BHP Warned That AI Will Exacerbate A Copper Shortage

17 Sep 2024

Contributed by Lukas

Americans have fallen behind on car and credit payments, scaring investors away from consumer lending stocks, while the world’s biggest mining firm ...

UniCredit Revealed A 9% Stake In Commerzbank, And China Agreed To Increase Its Retirement Age

14 Sep 2024

Contributed by Lukas

 UniCredit built up a stake in German rival Commerzbank, and the Italian bank has a merger on the mind, while China agreed to increase its retirement...

OpenAI’s Valuation Is Set To Hit $150 Billion, And The ECB Cut Interest Rates

13 Sep 2024

Contributed by Lukas

OpenAI’s valuation is set to hit $150 billion, with tech giants said to be ready to line its coffers, while the European Central Bank cut interest r...

US Inflation Cooled, And A Popular Type Of ETF Launched In Europe

12 Sep 2024

Contributed by Lukas

US inflation cooled by slightly more than expected in August, while a popular type of ETF just launched in Europe for the first time.Today’s stories...

Big Tech’s Been Dominating Private Markets, And China’s On The Precipice Of Deflation

11 Sep 2024

Contributed by Lukas

Big Tech's been hogging the AI opportunities, leaving VC firms in limbo, while fresh data suggested that China’s headed toward a period of defl...

Elon Musk Wants Tesla And xAI To Buddy Up, And Kering’s Stock Has Tanked

10 Sep 2024

Contributed by Lukas

Tesla needs tech support, and Elon Musk wants to task xAI with the job, while luxury brands fell out of fashion as China’s shoppers stopped spending...

The Latest US Jobs Report Left Markets Guessing, And American Companies Broke Records In The Bond Market

07 Sep 2024

Contributed by Lukas

The latest US jobs report left markets unsure about the size of the Fed's long-awaited rate cut, while American companies broke records in the bo...

Intel Failed An Important Test, And Investors Have Put Nearly $1 Trillion Into Active ETF

06 Sep 2024

Contributed by Lukas

Intel flunked a crucial test, and now its $20 billion funding award is in question, while investors have funnelled nearly $1 trillion into active ETFs...

Stock Markets Fell Down Yet Again, And The US Department of Justice Is Looking At Nvidia

05 Sep 2024

Contributed by Lukas

US stocks tumbled again, suggesting that investors are still on pins and needles, while Nvidia became the latest tech company to catch the US Departme...

Volkswagen Might Have To Shut Up Shops At Home, And A Record Number Of 401(k) Accounts Hit The $1 Million Mark

04 Sep 2024

Contributed by Lukas

Volkswagen might close German factories for the first time ever, while the US notched a record number of 401(k) millionaires – with the stock market...

A US Federal Clean-Energy Fund Is Dishing Out Cash, And Steel Prices Have Plunged

03 Sep 2024

Contributed by Lukas

The US government’s clean energy loan office went on a spending spree, while China’s economic turmoil weighed heavily on steel prices.Today’s st...

Inflation In Tokyo Picked Up, And European Stocks Hit A Record High

31 Aug 2024

Contributed by Lukas

Tokyo’s inflation ticked up in August, giving the Bank of Japan a tap on the shoulder, while European stocks hit a record high – despite the regio...

OpenAI’s Aiming For A Valuation Over $100 Billion, And Foreign Investors Are Fleeing Indian Stocks

30 Aug 2024

Contributed by Lukas

OpenAI’s eyeing up a valuation over $100 billion, while foreign investors are fleeing India’s frothy stock market.Today’s stories:OpenAI’s Cha...

Nvidia Beat Expectations Yet Again, And Europe’s Tough Rules Are Scaring Off Tech Companies

29 Aug 2024

Contributed by Lukas

Nvidia rolled out better-than-expected results, while tough rules are forcing US tech giants to avoid Europe.Today’s stories:Nvidia’s On A Roll, T...

Coffee Prices Surged, And Defense Giants Are Likely To Bring In Record Cash

28 Aug 2024

Contributed by Lukas

Coffee prices are picking up and causing a headache, while defense giants are about to be holding record levels of cash.Today’s stories:Coffee Bean ...

The Fed Hinted At An Interest Rate Cut, And China Stoked Fears Of A Trade War

24 Aug 2024

Contributed by Lukas

The Fed dropped a big hint about a September interest rate cut, while China's risking a trade war with its over-manufacturing.Today’s stories:T...

Coal Giants Arch And Consol Struck A Deal, And The British Pound Hit A Six-Month High

23 Aug 2024

Contributed by Lukas

Coal giants Arch Resources and Consol Energy struck a merger deal, while the British pound hit a six-month high against the US dollar.Today’s storie...

China’s Taking A Hard Look At Cheese Imports From Europe, And The US Added Far Fewer Jobs Than Previously Thought

22 Aug 2024

Contributed by Lukas

China sniffed around Europe’s cheese exports, as tension between the two economies picked up pace, while the US economy added far fewer jobs than pr...

A Single Bar Of Gold Now Costs $1 Million, And Apple’s Going To Make High-End iPhone Models In India

21 Aug 2024

Contributed by Lukas

The price of gold hit an all-time high, with a single bar now worth $1 million, while Apple is set to make its priciest iPhone models in India.Today’...

7-Eleven’s Parent Company Got A Buyout Proposal, And US Startup Failures Have Risen

20 Aug 2024

Contributed by Lukas

7-Eleven’s parent company got a buyout proposal from Canadian rival Couche-Tard, while US startup failures rose 60% from a year ago.Today’s storie...

Warren Buffett Bought Into Ulta Beauty, And Revolut Scored A $45 Billion Valuation

17 Aug 2024

Contributed by Lukas

Warren Buffett reshuffled Berkshire Hathaway’s portfolio, while fintech startup Revolut secured an impressive $45 billion valuation.Today’s storie...

China's July Growth Figures Fell Short, And US Retail Sales Beat Expectations

16 Aug 2024

Contributed by Lukas

China's economy is still on a low, with industrial growth missing the mark, while US retail sales perked up by more than expected – an encourag...

Google Is At Risk Of Being Broken Up, And US Inflation Rose By Less Than Expected

15 Aug 2024

Contributed by Lukas

Google’s in hot water over its monopoly, while US inflation came in lower than predicted last month.Today’s stories:The US Government’s Flirting...

America’s Manufacturing Industry Looks Tired, And US Producer Prices Rose Less Than Expected

14 Aug 2024

Contributed by Lukas

Major American manufacturing projects are stuck on the back burner, while US producer prices rose less than expected in July.Today’s stories:Despite...

US Tourists Have Been Spending Less On Travel, And Bonds Are Making A Comeback

13 Aug 2024

Contributed by Lukas

Americans have been spending less than usual on travel, while bonds are regaining their role as a portfolio hedge.Today’s stories:US Tourists Took A...

Perplexity Is Going Up Against Google, And Major Firms Are Turning Their Attention To India

10 Aug 2024

Contributed by Lukas

AI search startup Perplexity is challenging Google’s dominance, while major global firms have been tailoring products for India’s shoppers.Today’...

China’s Export Growth Slowed, And US Jobless Claims Were Lower Than Expected

09 Aug 2024

Contributed by Lukas

China made less money from exports than expected last month, while US weekly jobless claims came in better than feared.Today’s stories:China’s Exp...

Japan Vowed To Keep Interest Rates Steady, And House Prices Picked Up In The UK

08 Aug 2024

Contributed by Lukas

Japan's central bank backtracked on further rate hikes, while UK house prices picked up at their fastest rate since January.Today’s stories:In ...

Nvidia’s Battling Production Delays, And Markets Have Started To Recover From Monday’s Sell-Off

07 Aug 2024

Contributed by Lukas

Nvidia’s dominance could be derailed by production delays, while markets look to be recovering – but more big moves are likely ahead.Today’s sto...

Warren Buffett Cut His Stake In Apple By Nearly Half, And Japanese Stocks Plummeted

06 Aug 2024

Contributed by Lukas

Warren Buffett cut Berkshire Hathaway's stake in Apple nearly in half, while Japan’s stock market indexes suffered their worst day since 1987.T...

The US Created Fewer Jobs Than Expected, And Nvidia Rival Cerebras Filed For An IPO

03 Aug 2024

Contributed by Lukas

US jobs data suggested that the country is starting to strain under high interest rates, while Nvidia challenger Cerebras filed for an IPO.Today’s s...

Apple Reported Record Revenues, Amazon's Stock Tumbled, And The Bank Of England Cut Interest Rates

02 Aug 2024

Contributed by Lukas

Apple and Amazon both showed investors how they fared last quarter, but their adequate performances failed to earn them credit. After four years of in...

Meta Reported Stronger Than Expected Sales, And The Bank Of Japan Raised Its Benchmark Interest Rate

01 Aug 2024

Contributed by Lukas

The Bank of Japan raised its benchmark interest rate to the highest point since 2008, and Meta reported stronger-than-expected sales for last quarter....

Microsoft’s Stock Fell After Disappointing Cloud Results, And Germany Lagged Behind Other Eurozone Economies

31 Jul 2024

Contributed by Lukas

Microsoft’s shares fell late on Tuesday as investors focused on disappointing cloud results, while Germany lagged behind other eurozone economies.To...

McDonald's Sales Fell For The First Time Since 2020, And Europe’s Wealthiest Man Bought A Stake In Richemont

30 Jul 2024

Contributed by Lukas

McDonald's sales fell around much of the world, while Bernard Arnault bought a stake in Richemont.Today’s stories:Mcdonald’s Sales Fell For T...

Bill Ackman Slashed His New Fund’s Target, And The Latest US Inflation Data Looks Promising

27 Jul 2024

Contributed by Lukas

Finfluencer Bill Ackman slashed the target size for his brand-new  fund, while the latest look at inflation hinted that the US could achieve a soft l...

The US Economy Grew Faster Than Expected, And AI Jitters Sent Markets Into A Tailspin

26 Jul 2024

Contributed by Lukas

Brought to you by our daily financial news show - subscribe here:  The Finimize Daily Brief (Spotify), The Finimize Daily Brief (Apple Podcasts).US e...

European Firms Are Struggling With Slow Chinese Demand, And British Business Activity Is Looking Brighter

25 Jul 2024

Contributed by Lukas

European firms are facing a dismal quarter as demand from China slows, while business activity in Britain showed it’s making a comeback.Today’s st...

Alphabet Beat Expectations, And Ether Spot ETFs Just Launched

24 Jul 2024

Contributed by Lukas

Alphabet delivered an expectation-beating – yet slightly ho-hum – quarterly update, while ether spot ETFs started trading in the US.Today’s stor...

Warren Buffett Sold Bank Of America Stock, And Elliott Management Picked Up A Stake In Starbucks

23 Jul 2024

Contributed by Lukas

Warren Buffett cashed in some Bank of America stock, while activist fund Elliott Management ordered up a serving of Starbucks.Today’s stories:Warren...

CrowdStrike Sparked A Massive Global Tech Outage, And OpenAI Buddied Up To Broadcom

20 Jul 2024

Contributed by Lukas

A swing and the biggest of misses for CrowdStrike led to global IT chaos, while OpenAI cozied up to Broadcom for a fresh supply chain connection.Today...

Shipping Troubles And Tariff Threats Could Stoke Global Inflation, And TSMC Unveiled Strong AI-Powered Results

19 Jul 2024

Contributed by Lukas

Global shipping troubles and threats of fresh tariffs revived old worries about inflation, while chipmaker TSMC unveiled its AI-powered results.Today’...

ASML’s Stock Fell Despite Strong Results, And The Russell 2000 Had Its Best Streak In Years

18 Jul 2024

Contributed by Lukas

ASML reported strong results, but geopolitical tensions threatened to cloud its outlook, while the Russell 2000 index notched its best five-day streak...

Bank Of America And Morgan Stanley Beat Expectations, And Saudi Arabia Is Struggling To See Its Plans Through

17 Jul 2024

Contributed by Lukas

Morgan Stanley and Bank of America posted better-than-expected updates – and while Saudi Arabia has big plans, they’re proving tricky to pull off....

Google May Possibly Buy Cybersecurity Firm Wiz, And China’s Economy Dragged In Disappointing Numbers

16 Jul 2024

Contributed by Lukas

Google is reportedly in talks to buy cybersecurity firm Wiz for $23 billion, while China’s slow economic growth is causing waves in the luxury marke...

JPMorgan Chase Crushed Expectations, And Analysts Are Optimistic About This Earnings Season

13 Jul 2024

Contributed by Lukas

JPMorgan Chase and Citigroup announced blowout second-quarter earnings, while analysts are more optimistic than usual about US companies this earnings...

Retail Investors Are Optimistic, And Professional Investors Are Worried About Round-The-Clock Trading

12 Jul 2024

Contributed by Lukas

Fresh data showed retail investors are the most optimistic they’ve ever been, while professional investors are concerned about round-the-clock retai...

Microsoft And Apple Stepped Away From OpenAI, And China Inched Closer To Deflation

11 Jul 2024

Contributed by Lukas

Microsoft and Apple put space between themselves and OpenAI, while China inched closer to deflation – a worrying sign for the world's second-bi...

User Growth At X Was Slow Last Quarter, And Passive Funds Are Beating Active Ones This Year

10 Jul 2024

Contributed by Lukas

There weren’t many new users to count over at X (formerly Twitter) last quarter, while most active funds have fallen short of beating the S&P 50...

Global Temperatures Breached A Climate Threshold, And France Is In Political Deadlock

09 Jul 2024

Contributed by Lukas

Global temperatures breached a key climate threshold for a full year, while the French government’s in deadlock after a surprise win for the left.To...

The Labour Party Won The UK Election, And The US Added More Jobs Than Expected

06 Jul 2024

Contributed by Lukas

The Labour Party won the UK election by a landslide, while the US created 206,000 jobs in June – more than expected.Today’s stories: The Labour P...

Tesla Turned A Corner With The Help Of AI, And Japanese Wages Are Set To Rise

04 Jul 2024

Contributed by Lukas

Tesla turned the corner, and AI was in the driver’s seat, while Japan’s wages are set to rise at their highest rate in more than 30 years.Today’...

Revolut Made A Record Profit, Tech Firms Went Nuclear To Power AI

03 Jul 2024

Contributed by Lukas

Revolut's new legion of customers helped the fintech make a record-breaking profit, while tech companies are turning to nuclear energy to satisfy...

The “Roaring Kitty” Disclosed A New Stake, And China’s Economic Data Disappointed

02 Jul 2024

Contributed by Lukas

Keith Gill, a.k.a. “Roaring Kitty”, caused more ruptures in the stock market, while China's patchy stats showed exactly why its stock rally r...

Novo Nordisk's Wegovy Got The Green Light In China, And Denmark Approved A Carbon Tax On Agriculture

27 Jun 2024

Contributed by Lukas

China approved Novo Nordisk's weight-loss wonder drug Wegovy, while Denmark approved the world’s first carbon tax on agriculture.Today’s stor...

Airbus Lowered Its Profit Outlook, And The EU Charged Apple And Microsoft

26 Jun 2024

Contributed by Lukas

Airbus lowered its profit outlook for the year, while Apple and Microsoft were charged under the EU’s new Digital Markets Act.Today’s stories: Ai...

Apple Might Collaborate With Meta, And Copper Prices Have Started To Fall

25 Jun 2024

Contributed by Lukas

Apple and Meta seemingly put the past behind them to talk about collaborating, while copper prices are starting to fall from their record highs.Today’...

Revolut’s Share Sale Could Value It At $40 Billion, Birth Rates In OECD Countries Are Falling

22 Jun 2024

Contributed by Lukas

Revolut is aiming for a valuation of over $40 billion, while birth rates in industrialized economies have more than halved since 1960.Today’s storie...

The Bank Of England Held Interest Rates Steady, The European Central Bank Cautioned Over Heavy Debt

21 Jun 2024

Contributed by Lukas

The Bank of England kept interest rates unchanged, while soaring debt in the European Union added drama to a volatile market.Today’s stories: The B...

UK Inflation Came In On Target, US Carmaker Fisker Filed For Bankruptcy

20 Jun 2024

Contributed by Lukas

The UK beat the US and eurozone to inflation coming in on target, while American carmaker Fisker filed for bankruptcy.Today’s stories: British Infl...

A Major Tech ETF Is Set To Load Up On Nvidia, The S&P 500 Broke Another Record

19 Jun 2024

Contributed by Lukas

A major tech ETF is set to load up on Nvidia, at the expense of Apple, while the S&P 500 broke yet another record.Today’s stories: One Of The W...