Weekend 09/02 & 09/03
Top 5 things to watch in markets in the week ahead – investing
From BlackRock to Pimco, Bond Investors Bet Fed Hiking Is Over – bbg
Stablecoin Reshuffling Chips Away at Tether’s Crypto Market Dominance – bbg
BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD – bbg
Sputtering Europe and Jittery China Add Bull Case for US Stocks – bbg
Friday 09/01
Blackstone, Airbnb to Join S&P 500 After Index Rebalancing – bbg
Stocks and yields rise after NFP, hawkish Mester and hot ISM – Newsquawk US Market Wrap
Tesla shares close down 5% after price cuts, Model 3 refresh – cnbc
Biggest Weekly Short-Squeeze Since Jan Lifts Stocks; Crude Jumps, Crypto Dumps – Zerohedge
S&P 500 Ends Higher as Jobs Data Fuels Rate-Hike Optimism – Reuters
Dow closes more than 100 points higher to kick off September, notches best week since July – cnbc
Stocks making the biggest moves midday: PagerDuty, Dell, Tesla, Broadcom and more – CNBC
Broadcom Falls as Forecast Pales Before Nvidia’s Blowout Results – Reuters
Pot Stocks See Best Week Since 2020 on Call to Lower Marijuana Risk Category – bbg
Oil Surges To 2023 High As Saudi Exports Plunge To Lowest In Two Years Ahead Of Aramco $50BN Share Offering – Zerohedge
U.S. Manufacturing Sector Stabilizing at Weaker Levels in August – ISM – Reuters
“Increasing Sense Of Doom” – Manufacturing Surveys Scream Stagflation In July – Zerohedge
US Job Growth Picks up in August, Unemployment Rate Climbs – Reuters
US dollar jumps higher as Treasury yields pop. What’s driving it – FOREXLIVE
Dollar General Loses Wall Street Fan Base After Earnings Blowup – bbg
Inside Today’s Disastrous Jobs Report: 670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession – Ζerohedge
August Jobs Report U.S. Job Growth Forges On – NYT
“If Anything, The Data Is Almost Weak Enough To Spur Recession Fears…” – Ζerohedge
August Unemployment Rate Unexpectedly Spikes As Payrolls For Every Month In 2023 Is Revised Sharply Lower – Ζerohedge
Stocks making the biggest moves premarket: Dell, MongoDB, Lululemon and more – cnbc
Futures Rise, Yields Dip Ahead Of August Jobs Data – Ζerohedge
European stocks rise as investors eye global data – cnbc
Marketmind: Early Labor Day for Markets – Reuters
Marketmind: China Surprise Lifts Mood Before US Payrolls – Reuters
Asia markets higher as China cuts reserve requirement; Hong Kong halts trading as typhoon approaches – cnbc
Samsung Gains 6% on Talk It’s Joining Nvidia’s AI Suppliers – bbg
Asia’s Manufacturing Slump Persists as Economies Lose Steam – bbg
China Factory Activity Unexpectedly Expands, Caixin Survey Shows – bbg
Asia Stocks Set for Mixed Open After August Tumble: Markets Wrap – bbg
Thursday 08/31
Banks’ Usage Of The Fed’s Emergency Facility Hits New Record High As Money-Market Fund Inflows Resume – Zerohedge
Broadcom Gives Downbeat Forecast, Signaling Sluggish Chip Demand – bbg
Dell Sales Top Estimates in Positive Signal for PC Market – bbg
Dell Beats Quarterly Revenue Estimates on AI Strength, Demand Recovery – Reuters
Stocks mixed and bonds bid amid month-end ahead of NFP – Newsquawk US Market Wrap
Wall Street Ends Mixed as Inflation Data Buoys Optimism – Reuters
Bonds, Stocks, Commodities, & Crypto Hit In ‘Hawkish’ August As Dollar Soared – Zerohedge
Nasdaq ekes out small gain Thursday, but still suffers worst month in 2023 – cnbc
Intel Rallies on CEO Gelsinger’s Optimistic Comments – bbg
Philly Fed GDPplus Measure Sure Looks Like Recession Started In Q4 2022 – Zerohedge
Share of US Small Businesses With Job Openings Is Smallest Since 2021 – bbg
Stocks making the biggest moves midday: Tilray, Salesforce, CrowdStrike, Dollar General and more – cnbc
Palantir Downgraded as Morgan Stanley Doesn’t See AI Boost Yet – bbg
European Shares Erase Gains on Luxury, Consumer Staples Drag; UBS Glows – Reuters
European Stocks Gain as UBS Rally Outweighs Inflation Concerns – bbg
Initial Jobless Claims At 2023 Lows Despite Surge In Job Cuts – Zerohedge
US Consumer Spending Accelerates; Declining Savings a Red Flag – Reuters
US Consumers Paid For July Spending Spree By Burning Through $150BN In Savings – Zerohedge
Dollar General Plunges On Missed Earnings, Outlook Slashed; A Warning Sign Consumer Cracks – Zerohedge
Dollar General Sinks After Cutting Outlook Again as Sales Fizzle – bbg
ECB Watch: Stagflation worries – nordea
Fed’s Favorite Inflation Indicator Jumps Higher In July, Wage Growth Slowed – Zerohedge
Job Cut Announcements Jump in August 2023; YTD up 210% – challengergray
Futures, Global Markets Rise As Yields Drop Ahead Of PCE Data – Zerohedge
September is historically an awful month for stocks — but maybe not this time – yahoofinance
Euro Zone Inflation Unexpectedly Steady in August but Core Drops – Reuters
Euro zone price rises steady for August but core inflation declines further – cnbc
“We Are Seeing A Non-Spending Tsunami”: Largest French Retailer Warns Consumers Forced To Make “Massive Spending Cuts” On Essentials – Zerohedge
Factbox-Key Figures for UBS, Including Credit Suisse – Reuters
UBS to Keep Credit Suisse’s Swiss Business, Retire Its Brand – bbg
UBS Smashes Banking Record as It Absorbs Credit Suisse – bbg
UBS Soars To 2008 Highs After Mammoth Profit Beat, Job Cut Announcement – Zerohedge
UBS Reports Second-Quarter Profit of $28.875 Billion – Reuters
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover – cnbc
European markets higher following UBS earnings; Swiss bank up 5% – cnbc
Marketmind: Rates Dice, AI Arms Race and G20 Snub – Reuters
Marketmind: Markets Brace for EU, US Inflation Data Blitz – Reuters
Asia markets mixed as China’s factory activity contracts for fifth straight month – cnbc
China’s Home Sales Drop for a Third Month as Slowdown Deepens – bbg
China’s Factory Activity Contracts Again Amid Gloomy Outlook – bbg
China’s factory activity shrinks for a fifth straight month in August – cnbc
Baidu Among First Firms to Win China Approval for AI Models – bbg
Asia Stocks Set to Follow US Gains on Fed Outlook: Markets Wrap – bbg
Wednesday 08/30
Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and more – cnbc
Salesforce Projects Revenue Topping Estimates, Easing Fears – bbg
Salesforce shares pop on earnings beat and optimistic forecast – cnbc
Dovish data hits the dollar while stocks add to recent gains – Newsquawk US Market Wrap
Stocks & Gold Gain, Dollar Pain As ‘Soft Landing’ Narrative Implodes – Zerohedge
S&P 500 rises for a fourth straight day, major averages curtail monthly losses in late August hot streak – cnbc
Nvidia Partner Expects AI Server Sales to Double in 2024 – bbg
Stocks making the biggest moves midday: HP, Box, Brown-Forman, Insulet and more – cnbc
European Stocks Close Lower as Utilities Lead Losses on Orsted – bbg
Europe’s Gabon-Exposed Stocks Slide After Military Coup – Reuters
US PREMARKET
US Economic Growth Trimmed on Inventories; Retains Underlying Momentum – Reuters
US Private Payrolls Growth Slows Sharply in August – ADP – Reuters
US Companies Add 177,000 Jobs, Smallest Gain in Five Months – bbg
Explainer-Why Is France Struggling to Lower Supermarket Prices? – Reuters
Orsted Shares Plunge as Company Warns of $2.3 Billion US Hit – bbg
Analysis-Europe’s Weaker Economy Limits Fallout of US Bond Rout – Reuters
European Car Sales Rise 15% in July, EVs up Nearly 61% – Reuters
Analysis-Funds Punished for Owning Too Few Nvidia Shares After Stunning 230% Rally – Reuters
The World’s Biggest Bitcoin Fund Posts Best Day in Two Years on Court Ruling – bbg
European markets open higher after Wall Street rally – cnbc
Marketmind: Cooler Labor Warms Markets – Reuters
Marketmind: US Jobs Data and China Bring Cheer, for Now – Reuters
ASIA NEWS
Asia markets mirror Wall Street’s rally; Australia inflation softens in July – cnbc
China Stocks Edge Higher as Banks Weigh Cut to Mortgage Rates – bbg
China’s Largest Bank Nears Record Low Valuation on Margin Woes – bbg
Asia Shares Primed for Gains on China, Fed Outlook: Markets Wrap – bbg
Tuesday 08/29
Stocks making the biggest moves after hours: HP, Box, Ambarella and more – cnbc
HPE Bumps Full-Year Profit Outlook on Renewed Corporate Spending – bbg
HP Cuts Profit, Cash Flow Outlook on Slower Return of PC Demand – bbg
Nvidia’s stock closes at record after Google AI partnership – cnbc
Stocks and Bonds rally after dovish JOLTS – Newsquawk US Market Wrap
Markets JOLTed – Zerohedge
Wall Street Rallies as Jobs Data Fuels Interest Rate Optimism – Reuters
Nasdaq pops more than 1% for third straight winning day as tech rebounds from August slump – cnbc
Explainer-Understanding Grayscale’s Victory in Spot Bitcoin ETF Case – Reuters
What Grayscale’s Court Victory Means for Crypto and a US Spot-Bitcoin ETF – bbg
Bitcoin rallies more than 7% as court sides with Grayscale over the SEC in crypto ETF case – cnbc
Stocks making the biggest moves midday: Best Buy, Big Lots, Coinbase, Nio and more – cnbc
Google Says Over Half of Generative AI Startups Use Its Cloud – bbg
Google Unveils Enterprise AI Tools, New AI Chip – Reuters
Google to Add AI Models from Meta, Anthropic to Its Cloud Platform – bbg
European Shares at Two-Week High; UK’s FTSE 100 Outperforms – Reuters
European Stocks Rise on Boost From China Measures, UK Inflation – bbg
Treasuries Surge as Weak Data Prompts Paring of Rate-Hike Wagers – bbg
Labor Market Implodes: Job Openings Crater, Prior Data “Unexpectedly” Revised Sharply Lower – Zerohedge
US Labor Market Loses Steam as Job Openings, Resignations Decline – Reuters
US Job Openings Decline by More Than Forecast to 8.83 Million – bbg
US Consumer Confidence Drops in August on Inflation Worries – Reuters
US Consumer Confidence Falls by More Than Forecast in August – bbg
Marketmind: Quietly Absorbing One More Fed Hike – Reuters
US Home Prices Climb for Fifth Month Amid Tight Inventory – bbg
Stocks making the biggest moves premarket: Oracle, AT&T, Best Buy and more – cnbc
Chinese EV Maker Nio Reports Quarterly Losses and Slimmer Margin – bbg
Nio reports wider second-quarter loss amid China slowdown and product line revamp – cnbc
Best Buy Says Deep Sales Slump Is Showing Signs of Bottoming – bbg
Pinduoduo-Owner PDD Beats Revenue Expectations as Promotions Lure Consumers – Reuters
Futures Flat Ahead Of Data Dumpfest – Zerohedge
French Consumers Forced to Cut Back on Essentials, Carrefour CEO Warns – Reuters
European markets climb, tracking global counterparts – cnbc
Asia markets rise, led by Hong Kong and China; Japan unemployment higher than expected – cnbc
China Banks to Cut Rates on Mortgages, Deposits in Stimulus Push – bbg
Analysis-Chinese Investors Rush to Offshore Funds to Offset Domestic Risks – Reuters
China Stocks Rise as Local Media Asks Investors for Patience – bbg
Hong Kong stocks climb for second day as BYD, Ping An Insurance gain on earnings outlook – SCMP
China EVs: BYD interim profit soars 145% on record deliveries as bruising competition shaves profit margin – SCMP
Asian Stocks Set for Gains With Economy in Focus: Markets Wrap – bbg
Monday 28/08
28th August 2023: Stocks catch a bid with APAC optimism seeping through to Europe and the US – Newsquawk
Stocks rise as investors look to coming inflation, jobs data: Stock market news today – yahoofinance
Bonds & The Buck Quiet, Stocks Squeeze Higher As Event-Risk-Heavy Week Looms – Zerohedge
Dow closes 200 points higher as Wall Street aims to curtail August’s decline – cnbc
Hedge fund exposure to 7 biggest tech stocks at record high, Goldman Sachs says – Reuters
AI Is the Stock Market’s ‘New Growth Thing,’ Citi’s Chronert Says – bbg
Nvidia’s Forward PE Ratio Tumbles to Lowest in Eight Months – Reuters
Stocks making the biggest moves midday: RPT Realty, Mister Car Wash, Boston Scientific, 3M and more – CNBC
European Stocks Gain on Stimulus Bets; Rates Outlook in Focus – bbg
“Our Industry Is In A Technical Recession” – Dallas Fed Manufacturing Production Hits New Lows As Prices Spike – Zerohedge
Futures Rise After Traders Digest Powell’s J-Hole Nothingburger, China Market Stimmy – Zerohedge
Stocks making the biggest moves premarket: 3M, CrowdStrike, Xpeng and more – cnbc
Key Events This Week: Payrolls, GDP, JOLTS, PCE And ISM – Zerohedge
Euro Zone Lending Growth Slows Further as Rate Hikes Bite – Reuters
Morgan Stanley: The AI Revolution Will Lead To Lower Policy Rates First, Then Higher Ones – Zerohedge
European stocks set to open higher after Fed chair signals more rate hikes possible – cnbc
Marketmind: Beijing Tries New Ways to Lift Moribund Markets – Reuters
China and Hong Kong stocks lead gains in Asia markets; Evergrande shares plunge – cnbc
Yen to Retreat to 1990 Levels If BOJ Stays Dovish, Goldman Says – bbg
Markets Show China Needs a Stimulus ‘Bazooka’ to Woo Investors – bbg
Factbox-How China Is Trying to Boost Its Stock Market – Reuters
Evergrande shares plunge as much as 87% as trading resumes after 17 months – cnbc
China’s Xpeng to Acquire Didi’s EV Unit in Deal Worth up to $744 Million – Reuters