The Finimize Daily Brief
Episodes
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...
The US Is Attracting A Third Of Global Capital, Paris Is No Longer Europe’s Biggest Stock Market
18 Jun 2024
Contributed by Lukas
One in every three global investment dollars is landing in the US, while political turmoil cost Paris its crown as Europe’s biggest stock market.Tod...
“Roaring Kitty” Changed Up His GameStop Play, US Corporate Cash Piles Swelled To A Record $4.1 Trillion Last Quarter
15 Jun 2024
Contributed by Lukas
Keith Gill, a.k.a. “Roaring Kitty”, changed up his GameStop play, meanwhile US corporate cash piles swelled to a record $4.1 trillion last quarter...
Europe Hit Chinese EVs With New Tariffs, The Eurozone’s Industrial Output Dipped
14 Jun 2024
Contributed by Lukas
Europe announced fresh tariffs on Chinese EVs, while the latest dip in the eurozone’s industrial sector suggested a fragile recovery.Today’s stori...
The Fed Signaled Just One Rate Cut This Year, The World Bank Lifted Its Global Outlook
13 Jun 2024
Contributed by Lukas
The Fed signaled that investors might have to wait longer for a rate cut, while the World Bank hiked its forecast for the global economy.Today’s sto...
Apple Launched Its Own AI System, Activist Investor Elliott Took A Stake In Southwest
12 Jun 2024
Contributed by Lukas
Apple revealed its very own AI system for the first time, while Elliott Investment Management snapped up shares in Southwest Airlines.Today’s storie...
The S&P 500 Shuffled Its Deck, Insurers Braced For A Tough Hurricane Season
11 Jun 2024
Contributed by Lukas
The S&P 500 is reshuffling, adding private investment and software firms, while insurers are using bonds to brace for a tough hurricane season.Tod...
The US Added More Jobs Than Expected, Nvidia Split Its Stock Ten To One
08 Jun 2024
Contributed by Lukas
The US added more jobs than expected in May, while Nvidia investors have more shares each after the firm’s ten-to-one stock split.Today’s stories:...
The ECB Cut Interest Rates, The NBA Looks Set To Score Three Deals
07 Jun 2024
Contributed by Lukas
The ECB cut interest rates for the first time since 2019, while the NBA is reportedly close to sealing media rights deals worth $76 billion.Today’s ...
Elliott Management Is Targeting SoftBank, China’s Risking Even More Tariffs
06 Jun 2024
Contributed by Lukas
Activist hedge fund Elliott Investment Management targeted SoftBank, while China’s exporting spree might have sparked another round of tariffs.Today...
India’s Journey To Market Highs Hit A Pothole, Bill Ackman Sold A Stake In Pershing Square
05 Jun 2024
Contributed by Lukas
India’s stocks stumbled after the country’s election, while Bill Ackman sold a 10% stake in Pershing Square.Today’s stories:India’s Wild Ride ...