TOP MARKETS NEWS: Week 09/07 – 09/13

Weekend 09/12 & 09/13

 

SoftBank is close to selling off chipmaker Arm to Nvidia in $40 billion a mega-deal – businessinsider
In “Largest Semiconductor Deal Ever”, SoftBank Set To Sell Arm Holdings To Nvidia For $40BN – Zerohedge
“Your Money Is Gone. All Gone”: How SoftBank’s Call Spread Strategy Led To Catastrophic Results – A Thread – Zerohedge

 

 


Friday 09/11

Business Live – guardian

Apple Slides After JPM Warns iPhone Sales Are “Moderating Substantially” Ahead Of 5G Launch – Zerohedge
SoftBank “Reconsidering” Infamous ‘Gamma Squeeze’ Option Strategy – Zerohedge
Nikola Crashes To Session Lows After Citron Joins Hindenburg In Calling It A “Total Fraud” – Zerohedge
US Consumer Prices Accelerate In August; Used Car & Furniture Prices Spike As Rent Inflation Slows – Zerohedge
Electrifying returns: Scottish firm makes £12.8bn investing in Tesla – guardian
Bankruptcy filings are mounting. And that’s just the tip of the iceberg – cnn
U.K. GDP climbs 6.6% in July, as economy recovers slightly more than half of lost output – Marketwatch

Thursday 09/10

Business Live – guardian
Covid-19 Live Updates: Senate Republicans Plan Vote on ‘Skinny’ Aid Bill – nyt

Goldman now sees a 35% jump in Q3 GDP, much higher than the rest of Wall Street – cnbc
U.S. Senate defeat of ‘skinny’ coronavirus aid bill puts it on ‘dead-end street’ – Reuters
Fiscal stimulus prospects at dead end after Senate vote, a top Republican says – Μarketwatch
Nikola Shares Drop After Hindenburg Research Calls It An “Intricate Fraud”, Compares It To Theranos – Zerohedge
Euro Surges On Report ECB Agrees No Need To Overreact To Euro Gains As Lagarde Says “Will Not Target Exchange Rate” – Zerohedge
ECB Keeps Bond Purchase Program, Rates Unchanged As Expected – Zerohedge
Continuing Jobless Claims Disappoint As Part-Time Jobs Recover, Full-Time Lags – Zerohedge
Wall Street sees a bright side in ‘healthy’ tech selloff – Reuters
AstraZeneca says should know if vaccine works by year-end if trials resume – cnbc
New COVID-19 curbs pile pressure on Indonesia stocks, rupiah – Reuters

 

 

Wednesday 09/09

Business Live – guardian

Pessimism grows as hopes fade for coronavirus deal – thehill
LVMH Calls Off Bid To Buy Tiffany & Co., Jeweler Sues Luxury Conglomerate – forbes
Louis Vuitton owner LVMH has pulled out of its $16 billion takeover of Tiffany, which would have been the biggest-ever acquisition in the luxury sector – businessinsider
History says one feared market factor shouldn’t be fingered in this selloff – cnbc
BioNTech, Pfizer expect clinical ‘answer’ on coronavirus vaccine in late October – Marketwatch – Marketwatch
Asian markets fall, as tech selloff spills across globe – ap
China factory prices fall at slowest rate in five months as recovery continues – Reuters
Senate aims for Thursday vote on scaled-down coronavirus aid bill – Reuters
SoftBank sheds $15 billion on U.S. tech stock rout – Reuters

 

 

Tuesday 09/08

Business Live – guardian

AstraZeneca pauses coronavirus vaccine study after one illness – ap
When the Nasdaq has had as ugly a start to September as it just had, it has always finished the month lower – Marketwatch
Tesla loses more than combined GM, Ford market value – Reuters
Apple doubles down in fight with Fortnite creator Epic Games, seeks damages for breach of contract – cnbc
S&P 500 adds three companies not named Tesla — ‘a bit of a shocker,’ analyst says – Marketwatch
Apple 5G Production Delay Leads Goldman To Question Valuations – Zerohedge
New China ban threat puts U.S. chip-equipment makers at forefront of tech stock rout – Marketwatch
Apple falls 6%, continues skid as Goldman Sachs doubles down on ‘sell’ rating amid growth concerns – businessinsider
Apple announces Sept. 15 event where it’s expected to announce new products, iPhone coming later – CNBC
Senate to vote on COVID-19 aid as soon as this week: McConnell – Reuters
The ECB decision is coming — here’s what to expect – Marketwatch
Scholz Says Germany Will Need Significant New Debt in 2021 – Bloomberg
Chinese Bottled Water IPO Is 1,148 Oversubscribed, Makes Founder China’s 3rd Richest Person – Zerohedge
Tesla Crashes 12% On S&P Snub While Analysts Question Profitability, Demand And Liquidity – Zerohedge
Oil Plunges Below $40 In Biggest Drop Since June – Zerohedge
Nikola Surges As GM Takes Stake In Hydrogen Truckmaker, Partners On Electric Pickup – forbes
Nikola Soars 50% After GM Announces Partnership, $2 Billion Equity Purchase – Zerohedge
Nikola shares surge 45% after General Motors takes 11% stake in electric truck maker – cnbc
German exports rise 4.7% in July, beat forecasts – Marketwatch
SoftBank Has Closed Most Of Its “Nasdaq Whale” Positions – Zerohedge
Japan GDP contracted more than initial estimates – Marketwatch

 

 

 

Monday 09/07

China’s exports jump; Ireland in Covid-19 recession; Brexit fears hit pound – business live – guardian
Top 5 Things to Know in the Market on Monday, September 7th – investing

With big tech on holiday, world shares inch higher – Reuters
Taiwan exports surge to record amid Huawei scramble for chips – scmp
Emerging-Market Investors May Need New Playbook for Rest of 2020 – Bloomberg
European shares kick of week on strong footing, vaccine progress eyed – Reuters
SoftBank shares slide 7% as tech stock options bets unnerve investors – Reuters
GBP: Summer is over, brace for the reality check – ing
Brexit back in crisis as UK threatens to undercut divorce pact – Reuters
China’s exports rise the most in nearly 1-1/2 years as economies reopen; imports slip – Reuters