TOP MARKETS NEWS: Week 02/19 – 02/25

Weekend 02/24 & 02/25

Real Estate Firm Avison Young Defaults on Canada Loan, S&P Says – bbg
Fed-Favored Inflation Gauge Seen Rising Most in a Year – bbg
Is This How Skynet Begins? Bezos, Nvidia Join OpenAI In Funding Humanoid Robotics Firm – Zerohedge


Friday 02/23

Business Live – guardian

Stocks chop and bonds flatten after hawkish Waller – Newsquawk US Market Wrap
Best Week For Bullion In 2024 As Mega-Caps Melt-Up On Bad Breadth – Zerohedge
Dow rises to close at fresh record, S&P 500 hits all-time high – cnbc
Jamie Dimon Sells 822,000 Shares Of JPMorgan For The First Time As Stock Hits All-Time High – Zerohedge
Stocks making the biggest moves midday: Warner Bros. Discovery, Rivian, Block, Live Nation and more – cnbc
Global Growth and Nvidia Spur Dollar’s First Weekly Loss in 2024 – bbg
“Absolutely Crazy”: Vacant LA Office Tower To Be Torn Down For Just 30 New EV Charging Stations – Zerohedge

Stocks making the biggest moves premarket: Block, Live Nation, Carvana, Booking Holdi – cnbc
Futures Flat After Nvidia Sparks Biggest Rally In Over A Year – Zerohedge
Warner Bros. Sales Miss as TV Advertising Continues to Fall – bbg
European markets higher after Stoxx 600 closes at all-time high; Standard Chartered up 9.4% – cnbc

Thursday 02/22

Business Live – guardian

NVDA triggers market melt up while bonds flatten on falling jobless claims – Newsquawk US Market Wrap
‘Everything Is Awesome’, Right? – Zerohedge
AI Darling Nvidia’s Bumper Results Send S&P 500, Dow to Record Highs – Reuters
S&P 500 closes at a fresh record, Nasdaq jumps nearly 3% fueled by Nvidia – cnbc
UN Sees ‘Unprecedented Challenges’ From Canal Crises and War – bbg
Stocks making the biggest moves midday: Nvidia, Rivian, Moderna, Novavax and more – cnbc
Europe’s Stoxx 600 Hits Record High to Join US, Japan Equities – bbg
Explainer – Why Huge European Central Bank Losses Matter – Reuters
Existing home sales rose 3% to start the year, but higher mortgage rates are already hurting – cnbc

US Services Sector Slumps In Feb, Manufacturing Hits 17-Month-High – Zerohedge
US Business Activity Moderates in February – S&P Global Survey – Reuters
US Manufacturing Activity Expands at Fastest Pace Since 2022 – bbg
Initial Jobless Claims Plunge Near Record Lows… Fed Questions Data’s Accuracy – Zerohedge
US Jobless Claims Decline to the Lowest Level in a Month – bbg
AIphoria: Nvidia Blowout Sends US Futures Soaring, Pushes Japan And Europe To New Record Highs – Zerohedge
Moderna Beats Sales Estimates as Covid Shot Gains Market Share – bbg
Euro Zone Business Activity Inches Towards Growth in Feb, Survey Shows – Reuters
German Economic Downturn Deepens Unexpectedly in February -PMI – Reuters
French Business Activity Inches Closer to Recovery in February -PMI – Reuters
Nestle, Danone See Price Hikes Slowing After Years of Sharp Increases – Reuters
Nestle Misses Sales Estimates as Price Hikes Deter Shoppers – Reuters
Nestle Forecasts Revenue Slowdown as Inflation Eases – bbg
Danone Sales Meet Forecasts As Yogurt Maker Raises Profitability – bbg
Mercedes CEO Flags More Buybacks in Bid to Boost Valuation – bbg
Mercedes shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead – cnbc
Rolls-Royce’s Biggest Bear Calls an End to Meteoric Ascent – bbg
Rolls-Royce shares jump 8% after 2023 profits more than double – cnbc
Lloyds Takes £450 Million Provision for Car Finance Review – bbg
Axa to Return €6 Billion to Investors Under New Payout Policy – bbg
What Bubble? Nvidia Profits Are Rising Even More Than Its Stock – bbg
European markets set to open higher as investors focus on euro zone data, earnings – cnbc

Japan’s Nikkei surpasses all-time high hit in 1989; Bank of Korea holds rates steady – cnbc
China Stock Rally Takes Breather as Traders Weigh Support Steps – bbg
China Car Sales Slump on Holiday Lull, Drivers Awaiting Rebates – bbg
Japan’s Crazy 1980s Bubble a Dim Memory as Nikkei Hits Record High – Reuters
Japan Nikkei Hits Record High Last Seen More Than 30 Years Ago – bbg

Asia Mixed, Nvidia Lifts US Futures in Late Trade: Markets Wrap – bbg


Wednesday 02/21

Business Live – guardian

AI Mania Resumes, With Nvidia Outlook Saving Broader Market – bbg
Nvincible Nvidia Surges After Smashing Estimates, Guiding Sharply Higher – Zerohedge
Nvidia posts record revenue up 265% on booming AI business – cnbc
NVDA sold into earnings; bonds tumble on awful 20yr auction – Newsquawk US Market Wrap
Late-Day FOMO-ing Lipstick Rescued Market Pig Ahead Of Jensen’s Big Night – Zerohedge
Nasdaq Composite closes lower for a 3rd day as investors brace for Nvidia earnings – cnbc
FOMC Minutes Show ‘Most Officials Fear Risk Of Cutting Too Quickly’, Staff Mention Financial Stability Issues – Zerohedge
Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show – cnbc
Ether ETF Applications Spur S&P Warning on Concentration Risks – bbg
Stocks making the biggest moves midday: Nvidia, SolarEdge, Teladoc, Wingstop and more – cnbc
Microsoft Will Use Intel to Manufacture Home-Grown Processor – bbg
European Stocks Slip Ahead of Nvidia Report; HSBC Dents FTSE 100 – bbg
Here’s why Capital One is buying Discover in the biggest proposed merger of 2024 – cnbc
JPMorgan’s Kolanovic Bucks Consensus by Seeing Stagflation Risks – bbg

Futures Slide Ahead Of Earnings By “The Most Important Stock On Planet Earth” – Zerohedge
Stocks making the biggest moves premarket: Nvidia, SolarEdge, Teladoc, Palo Alto Networks and more – cnbc
Homebuilder Toll Brothers Hits Record With Strong Demand Outlook – bbg
Mercedes to Buy Back $3.2 Billion More Stock as Cash Flow Swells – bbg
NatGas Soars After Chesapeake Cuts Production Outlook Amid Vicious Bear Market – Zerohedge
Germany Affirms Bleak Outlook as Output to Grow 0.2% in 2024 – bbg
Germany slashes 2024 growth forecast to just 0.2% as economy in ‘tricky waters,’ minister says – cnbc
Mortgage demand takes a massive hit as interest rates cross back over 7% – cnbc
World On Threshold Of Natural Hydrogen “Gold Rush,” Geologists Say – Zerohedge
Aluminum Spikes as White House Plans Fresh Sanctions on Russia – bbg
European markets head for mixed open, struggle to find positive momentum – cnbc

Hong Kong market jumps 2% as wider Asia-Pacific stocks trade mixed; Japan business sentiment sours – cnbc
China Bans Stock Selling At Market Open, Close; Limits Shorting – Zerohedge
HSBC’s Earnings Sink on $3 Billion Impairment on Chinese Bank – bbg
HSBC shares sink 3% after pre-tax annual profit misses estimates on impairment costs – cnbc

Asia Stocks to Track US Decline Amid Nvidia Nerves: Markets Wrap – bbg



Tuesday 02/20

Business Live – guardian
Markets Start to Speculate If the Next Fed Move Is Up, Not Down – bbg

Palo Alto Networks Plunges After Giving Disappointing Forecast – bbg
Palo Alto Networks shares plunge after company cuts full-year billings, revenue guidance – cnbc
NVDA sold ahead of earnings; Soft CAD CPI eases global inflationary fears – Newsquawk US Market Wrap
Bonds, Bullion, & Big-Tech Fear Bid, Stocks Skid Ahead Of NVDA’s Big Day – Zerohedge
S&P 500 and Nasdaq close lower on Tuesday, dragged down by Nvidia – cnbc
US Hard Landing Bets Rise in Rate Options Market After Fed Hikes – Reuters
Stocks making the biggest moves midday: Nvidia, Walmart, Discover Financial and more – cnbc
European Stocks Pause Within Sight of Record High as Tech Slides – bbg
US Leading Indicators Disappoint, Equal Longest Losing Streak Since ‘Lehman’ – Zerohedge

Canada Inflation Slows More Than Expected to 2.9% in January – bbg
Futures Slide As Focus Turns To Nvidia Earnings Tomorrow – Zerohedge
Stocks making the biggest moves premarket: Home Depot, Walmart, Intel, Arm Holdings and more – cnbc
Intel Shares Higher On Reports Of $10 Billion In Chip Act Incentives – Zerohedge
Walmart Hits Record High After Earnings Beat, Despite Soft Guidance, Warning About “Choiceful” Consumers Spending Less – Zerohedge
Walmart Gains on Strong Results, Deal to Buy TV Maker Vizio – bbg
Home Depot Sales Slide For Fifth Quarter On Weak Housing Demand – Zerohedge
Home Depot beats earnings, sales estimates even as consumers take on smaller home improvement projects – cnbc
Barclays Aims to Cut Costs by £2 Billion in Bid to Boost Returns – bbg
Barclays jumps 7% after announcing major strategic overhaul – cnbc
European markets lower as sentiment struggles; Barclays up 7% on earnings – cnbc

BHP half-year profit beats expectations, inflation impact recedes – cnbc
Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again – Zerohedge

Monday 02/19 – US Markets Closed For President’s Day

Business Live – guardian – 
War Expands With Massive Israeli Airstrikes 60km Deep Into Lebanon – Zerohedge

Bayer Plans to Slash Dividend By 95% in Bid to Pay Down Debt – Zerohedge
Goldman Raises Global Equities to ‘Overweight’ on Economic Growth Prospects – Reuters
Futures Flat With US Markets Closed For President’s Day – Zerohedge
Moore: The Biden ‘Bull Market’ Is Just Bull – Zerohedge
Key Events This Week: Nvidia Earnings And FOMC Minutes – Zerohedge
Why America Will Never Overcome Its Mountain Of Debt – Zerohedge
Goldman Gauges Show Why Biden’s Benefit From Economy in Doubt – bbg
German Recession Doesn’t Mean Severe Downturn, Bundesbank Says – bbg
Rheinmetall Shares Reach New High On Plans For Ammunition Plant In Ukraine – Zerohedge
AstraZeneca Drug Slows Progression in Advanced Lung Cancer – bbg
Santander Unveils €1.5 Billion Buyback After Record Profit – bbg
CRE Market Woes Mount as Assets Get ‘Stranded’ by New CO2 Rules – bbg
Barclays Strategy, Lloyds Provisions in Focus in European Earnings Next Week – bbg
Goldman Sachs Lifts S&P 500 Target to 5,200 on Profit Expansion – bbg
European Stocks Steady Near Record High, With US Market Closed – bbg
European markets head for negative start to the new trading week – cnbc

China markets rise as upbeat holiday travel data lifts tourism stocks; Hong Kong shares fall – cnbc
China Plunge Protectors Emerge In Last Hour Of Trading To Push Stocks To Session Highs After 10-Day Holiday – Zerohedge
China Stocks Struggle to Gain at Reopen Despite Upbeat Data – bbg
Xpeng plans to hire 4,000 people, invest in AI as CEO warns intense EV rivalry may end in ‘bloodbath’ – cnbc
BYD Announces New Stock Buyback and Plans More Luxury Models – bbg
Hong Kong Records Most Chinese New Year Tourists Since Pre-Covid – bbg
BlackRock Sees Japan Stocks as Big Winner From BOJ Policy Shift – bbg
Foreign Direct Investment Into China Slumps to Worst in 30 Years – bbg

China to Rally on Reopen; Other Stocks Seen Mixed: Markets Wrap – bbg