The Finimize Daily Brief
Episodes
Oil Prices Jumped To A Five-Month High, And Global Temperatures Broke A Key Climate Threshold
14 Jan 2025
Contributed by Lukas
Oil prices climbed above $80, with aggressive new sanctions against Russian exporters expected to squeeze supply, while global temperatures broke a ke...
The US Economy Created Far More Jobs Than Expected, And TSMC Posted Record-Smashing Revenue
11 Jan 2025
Contributed by Lukas
The US economy ended the year on an unexpectedly high note, creating 256,000 new jobs in December, while TSMC shot the lights out in its latest quarte...
Global Bond Markets Sold Off, And Updates From Two UK Grocery Chains Hinted At Lower Inflation
10 Jan 2025
Contributed by Lukas
Global bond markets sold off, and that’s not a great sign for stocks, while quarterly updates from two major British grocery chains hinted at lower ...
China Amped Up Its Stimulus Machine, And AI Startup Anthropic Is Closing In On A $60 Billion Valuation
09 Jan 2025
Contributed by Lukas
China amped up its stimulus machine again, hoping to give consumer spending and the economy a boost, while AI startup Anthropic is closing in on a $60...
Nvidia Took Showing Off To The Next Level, And The Pentagon Blacklisted Tencent And CATL
08 Jan 2025
Contributed by Lukas
Nvidia blew the doors off a big tech show in Vegas, with a glimpse of the humanoid, driverless, supercomputer future, while the Pentagon blacklisted t...
Foxconn Posted A Record-Shattering Quarter, And The US Could See An IPO Revival
07 Jan 2025
Contributed by Lukas
Foxconn delivered a record-shattering quarter, with AI demand still firing on all cylinders, while private equity has been hinting about selling some ...
Mined Diamonds Had A Rough Year, But Multi-Strategy Hedge Funds Did Well
04 Jan 2025
Contributed by Lukas
Mined diamonds had a rough year, as lab-grown stones chipped away at their market share, while multi-strategy hedge funds did well in 2024 – and you...
China’s Factories Stumbled, And British Home Prices Perked Up
03 Jan 2025
Contributed by Lukas
China’s factory sector activity hit the brakes, producing fresh worries for investors, while British home prices perked up more than expected, start...
Goldman Sachs Sees Strong Growth In The US, But 2025 Might Not Be The Best Year For Stocks
31 Dec 2024
Contributed by Lukas
Goldman Sachs sees strong growth in the US, and that's good news for the global economy, while 2025 might not be the best year for stocks – but...
The Global Economy Held Up Impressively Well This Year, And Stocks Rallied Like It Was 2021 Again
24 Dec 2024
Contributed by Lukas
The global economy held up impressively well in 2024, despite investors’ worst fears, while stocks rallied this year like it was 2021 all over again...
Novo Nordisk’s Stock Went On A Crash Diet, And Investors Demonstrated Their Love For Oura
21 Dec 2024
Contributed by Lukas
Novo Nordisk’s shares slimmed way down as investors felt disappointed by its latest obesity drug trial, while Oura raised $200 million from investor...
Perplexity’s Latest Funding Round Tripled Its Valuation, And The US Dollar Rose To A Two-Year High
20 Dec 2024
Contributed by Lukas
Perplexity’s AI search engine has been growing in popularity, and the startup’s valuation has grown too, while the US dollar hit a two-year high, ...
Honda And Nissan Might Join Forces, And AI Firm Databricks Just Raised $10 Billion
19 Dec 2024
Contributed by Lukas
Japanese automakers Honda and Nissan are reportedly considering a mega-merger, while AI firm Databricks landed $10 billion in new funding – the late...
Bank Of America’s Latest Survey Warned About Stocks, And UK Wage Growth Outpaced Expectations
18 Dec 2024
Contributed by Lukas
Bank of America’s latest survey just sent up a warning flare about stocks, while UK wage growth outpaced expectations, slamming the door on a Decemb...
Apple Might Be Zhuzhing Up The iPhone, And China Got A Retail Reality Check
17 Dec 2024
Contributed by Lukas
Apple’s got plans for some new gadgets to try and boost sales, while China’s retail sales were weak – despite government efforts to inspire shop...
BlackRock Thinks Bitcoin Has A Place In Your Portfolio, And The UK’s Latest Data Came In Weaker Than Expected
14 Dec 2024
Contributed by Lukas
BlackRock suggested adding a bit of bitcoin to your portfolio, while the UK’s latest data has Brits worried about the possibility of a recession.Tod...
The Nasdaq Charged Up To New Record Highs, And Central Banks In Europe Announced Interest Rate Cuts
13 Dec 2024
Contributed by Lukas
The Nasdaq has officially made investors’ nice list, while the European Central Bank and the Swiss National Bank took the knife to interest rates ag...
US Inflation Was Exactly As Expected, And London’s IPO Market Has Fallen
12 Dec 2024
Contributed by Lukas
US inflation was bang in line with expectations, all but guaranteeing an interest rate cut next week, while London’s stock debut scene has never loo...
Obscure Wall Street Bonds Have Been Booming, And Coffee Prices Hit Record Highs
11 Dec 2024
Contributed by Lukas
Obscure bonds – backed by fast food and pop songs – have been booming, while a long dry spell in Brazil means your coffee might soon cost, ahem, a...
China Unveiled A Dramatic Policy Change, And Omnicom And Interpublic Might Team Up
10 Dec 2024
Contributed by Lukas
China announced a dramatic new shift in policy, aiming to boost growth, while Omnicom’s Interpublic deal would create the world’s biggest ad firm ...
US Electricity Demand Is Set To Surge, And Bank Of America Is Warning Of A Bubble In Stocks And Crypto
07 Dec 2024
Contributed by Lukas
US electricity demand is set to surge thanks to AI, while the recent rally in stocks and crypto has stirred a sudsy warning from Bank of America.Today...
Bitcoin Hit Six Figures, And Games Workshop Joined The FTSE 100
06 Dec 2024
Contributed by Lukas
Bitcoin just notched a brand-new high, and it’s a big one, while Nerd-adored Games Workshop – maker of Warhammer – got tapped to join London’s...
Amazon’s Building An AI Supercomputer Using Its Own Chips, And Retail Investors Are Expecting A Strong 2025
05 Dec 2024
Contributed by Lukas
Amazon’s AWS is building a honking AI supercomputer, aiming to chip away at Nvidia’s dominance, while exclusive data from the Modern Investor Puls...
SpaceX Might Boost Its Valuation With An Insider Share Sale, And More Americans Had Loan Applications Rejected This Year
04 Dec 2024
Contributed by Lukas
SpaceX is reportedly preparing for an insider share sale that could boost its market value, while more Americans had loan applications rejected this y...
OpenAI Plans To Quadruple ChatGPT’s User Base Next Year, And China's Manufacturing Grew In November
03 Dec 2024
Contributed by Lukas
OpenAI said it’s got a plan to quadruple its ChatGPT user base in the coming year, while China's manufacturing grew in November, driven by a bo...
European Inflation Jumped, And India’s Economic Growth Slowed
30 Nov 2024
Contributed by Lukas
European inflation jumped up in November, in line with expectations, while India’s economic growth hasn’t been this sluggish in almost two years.T...
France’s Bonds Hit A Milestone, And Chip Stocks Feast On Thanksgiving Cheer
29 Nov 2024
Contributed by Lukas
French government bonds briefly yielded more than Greek ones on Thursday – a financial first that's turning heads, and Chip equipment companies...
US Inflation Sped Up, And The Mood In Germany Slumped
28 Nov 2024
Contributed by Lukas
The US central bank’s preferred measure of inflation sped up, while the mood in Germany dimmed – with folks fearing job losses and a widening down...
Weight-Loss Drugs Could Become Covered By Medicare And Medicaid, And The US President-Elect Pledged New Tariffs
27 Nov 2024
Contributed by Lukas
Weight-loss drugs like Ozempic could be covered by Medicare and Medicaid under a new proposal, while the US president-elect pledged new tariffs on Can...
Amazon Doubled Its Stake In Anthropic, And Markets Approved Of The US Treasury Secretary Pick
26 Nov 2024
Contributed by Lukas
Amazon cozied up to AI firm Anthropic with another big investment, while the pick for the US Treasury’s top job kept markets happy.Today’s stories...
MicroStrategy Raised $3 Billion, And Business Activity In Europe Slowed
23 Nov 2024
Contributed by Lukas
Demand for MicroStrategy's latest fundraising exceeded expectations, while business activity in the eurozone slowed sharply in November.Today’s...
Google May Be Forced To Sell Chrome, And xAI Raised Funds At A $50 Billion Valuation
22 Nov 2024
Contributed by Lukas
US justice officials say Google should be forced to sell Chrome, while Elon Musk’s xAI hit a hefty $50 billion valuation.Today’s stories:Google Ma...
Nvidia Reported Record Sales, And UK Inflation Came In Hot
21 Nov 2024
Contributed by Lukas
Nvidia reported record sales in the latest quarter, but delivered a forecast that was much more subdued, while UK inflation came in hot – changing t...
Nestlé’s New Boss Is Hoping To Lift Its Share Price, And Europe Might Need To Double Its Defense Spending
20 Nov 2024
Contributed by Lukas
Nestlé’s new boss is making changes, hoping to sweeten a bitter share price, while Europe might need to spend twice as much on defense according to...
Goldman Thinks Gold’s On The Up, And Morgan Stanley Has A Sunny Forecast For US Stocks
19 Nov 2024
Contributed by Lukas
Goldman Sachs says you should buy the gold dip, while Morgan Stanley’s predicting a strong 2025 for the S&P 500.Today’s stories:Goldman Thinks...
Warren Buffett Bought Domino’s, And Retail Sales In China Jumped
16 Nov 2024
Contributed by Lukas
Warren Buffett ordered up Domino’s Pizza and dumped some Ulta Beauty, while retail sales in China posted their biggest yearly jump in eight months.T...
ASML Delivered An Optimistic Outlook, And The IEA Predicted An Oil Glut
15 Nov 2024
Contributed by Lukas
ASML delivered an optimistic outlook, boosted by strong AI demand, while the International Energy Agency predicted an oil glut next year.Today’s sto...
US Inflation Heated Up, And Klarna Finally Filed For An IPO
14 Nov 2024
Contributed by Lukas
US inflation picked up slightly last month, but at least Americans’ earnings kept up, while Klarna – the Swedish "buy now, pay later" ma...
Home Depot Nailed Its Update, And Investors Are Optimistic About US Stocks
13 Nov 2024
Contributed by Lukas
Home Depot didn’t just nail its latest quarter, it made an improvement on its outlook for the year, while Bank of America said professional investor...
Bitcoin Surged Past $80,000 For The First Time, And China’s Trade Surplus Is On Track To Hit A Fresh Record
12 Nov 2024
Contributed by Lukas
Bitcoin’s rally pushed it past the $80,000 mark for the first time ever, and traders are betting it’s still got room to run, while China’s dishi...
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...