Weekend 10/28 & 10/29
Top 5 things to watch in markets in the week ahead – INVESTING
Explainer-Why is Siemens Energy seeking $16 billion state guarantees? – Reuters
Israel Latest: Long War in Gaza Begins With Army Entering North – bbg
GM Strike Expanded to More Plants as UAW Negotiations Falter – bbg
Goldman Says Souring US Growth Views May Create Stocks Bargains – bbg
Key Federal Reserve Lending Facility to Steer Market’s Treasury Bill Appetite – bbg
Friday 10/27
Business Live – guardian
Israeli Tanks Exchange Fire With Hamas Inside Gaza, Small Arms Clashes Heard, As Offensive Expands – Zerohedge
Israel-Hamas war live updates: Palestinian data provider says internet is cut off; Israeli army forces ‘expanding their activity’ in Gaza – cnbc
Worst October for Stocks in Five Years Has Investors Exiting Market – bbg
Third-Quarter US Earnings Now Seen Growing 4.3% Year-On-Year -LSEG Data – Reuters
Oil and Gold surge after Israel announces ground invasion plan; NDX holds gains on strong AMZN & INTC numbers – Newsquawk US Market Wrap
Bonds, Gold, & Crypto Surge; Stocks Purged As USA Credit Risk Rises Into WW3 – Zerohedge
Wall Street Ends Mixed at Close of Earnings-Packed Week – Reuters
Dow drops more than 350 points to end brutal week, S&P 500 closes in correction territory – cnbc
Gold Tops $2000 Amid Global Conflict, Govt Chaos – Zerohedge
US Investors Extend Equity Fund Sell-Off Amid Rising Bond Yields – Reuters
Global Equity Funds Experience Notable Outflows Amid U.S. Yield Worries – Reuters
Tesla, EV Investors Face a Reckoning – bbg
Tech Startup’s Wild First Week Won Then Lost Founder Billions – bbg
Bank Stocks Sink Past SVB Crisis Lows as Rates Upend Business – bbg
Amazon shares jump as analysts praise third-quarter results – cnbc
Chipmaker Intel Soars on Signs of PC Market Recovery – Reuters
Intel Jumps After Upbeat Forecast Shows Comeback Is Underway – bbg
Investors Deliver Harshest Punishment for Earnings Warnings in 16 Years – Reuters
Intel pops 10% after earnings beat shows progress toward $3 billion in cost savings – cnbc
Stocks making the biggest moves midday: Intel, Chipotle, Juniper Networks and more – cnbc
Buy Boomers, Sell Millennials Is Bank of America’s Way to Play This Market – bbg
European Stocks Slip After Weak Earnings From Sanofi and NatWest – bbg
UMich Inflation Expectations Exploded Higher In October: “Consumer Frustration Appeared Everywhere” – Zerohedge
US Near-Term Inflation Views Jump to 4.2%, Highest Since May – bbg
US Core PCE Prices Jump Most in Four Months as Spending Picks Up – bbg
JPM CEO Dimon Dumps $140 Million In Shares After Slamming Fed Forecasts – Zerohedge
US Consumer Spending Exits Third Quarter on Strong Note; Monthly Core Inflation Rises – Reuters
Savings Rate Plunges As Spending Soars; Inflation Slows As Govt Wage Growth Nears Record High – Zerohedge
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate – cnbc
Profits Are No Panacea In $8.5 Trillion Collapse – Zerohedge
Futures Trim Gains After Solid Amazon, Intel Earnings; All Eyes On Core PCE – Zerohedge
Exxon Posts Sharply Lower $9.1 Billion Profit on Lower Oil, Gas Prices – Reuters
Exxon Blows Away Cash Flow Expectations, Hikes Dividend Ahead Of Transformational Deal With Pioneer – Zerohedge
Chevron Slump Cuts $6.5 Billion From Deal Value for Hess Holders – bbg
Middle East Defense Alliances Could Create A Domino Effect Similar To WWI – Ζerohedge
Sanofi CEO Shocks Investors With Investment Plan, Few Details – bbg
Germany Stands Ready to Back Strategic Asset Siemens Energy – bbg
IAG Says Booming Summer Demand Boosts Profit to Record – bbg
European stocks head for higher open as investors assess global data, earnings – cnbc
Asia markets rebound after heavy sell-off; former China premier Li Keqiang dies – cnbc
Thursday 10/26
Stocks making the biggest moves after hours: Intel, Amazon, Chipotle, Enphase Energy and more – cnbc
Hertz pulls back on EV plans citing Tesla price cuts, high repair costs – cnbc
Money-Market Fund Inflows Resume As Bank Bailout Fund Hits New Record High – Zerohedge
Amazon Shares Pump And Dump After Solid Beat, Muted Guidance And Earnings Call Caution – Zerohedge
Amazon’s cloud group becomes more profitable but misses on top line – cnbc
Amazon reports better-than-expected results, as revenue jumps 13% – cnbc
Intel Jumps After Upbeat Forecast Shows Comeback Is Underway – bbg
Intel stock rises on earnings beat and strong revenue guidance – cnbc
Ford Misses on Profit, Pulls 2023 Outlook After Settling Strike – bbg
Ford misses Wall Street’s Q3 expectations, pulls guidance due to UAW strike, pending deal – cnbc
Stocks down on large cap earnings; bond shorts cover despite massive surge in US GDP – Newsquawk US Market Wrap
‘Better’ Data Sparks Big Bond Bid; Batters Mag-7 Stocks To Trillion-Dollar Tumble – Zerohedge
Nasdaq tumbles 1.7% Thursday, descending further into correction territory – cnbc
Yields Slide After Stellar 7Y Auction With Highest Bid-To-Cover Since March 2020 – Zerohedge
S&P 500 Teeters on Brink of Correction as Technicals Break Down – bbg
Stocks making the biggest moves midday: Merck, Bristol-Myers Squibb, Align Technology and more – cnbc
European Stocks Close to Erasing 2023 Gains as Earnings Weigh – bbg
Pending Home Sales Unexpectedly Rise Off Record Lows In September, But… – Zerohedge
Continuing Jobless Claims Jump To Highest Since May – Zerohedge
US Durable Goods Orders Soared In September By Most In Over 3 Years – Zerohedge
Atlanta Fed’s Early 5% US GDP Forecast Was Ahead of Wall Street – bbg
Bidenomics “Bailed Out By Taylor Swift And Barbenheimer”: Q3 GDP Soars 4.9%, Highest Since 2021… It’s All Downhill From Here – Zerohedge
US Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021 – bbg
U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected – cnbc
Gross Domestic Product, Third Quarter 2023 (Advance Estimate) – bea
After 10 Straight Hikes, ECB ‘Pauses’ (As Expected); Warns “Inflation Still Expected To Stay Too High” – Zerohedge
European Central Bank holds interest rates steady after 10 consecutive hikes – cnbc
Hasbro, Mattel shares plunge as toymakers forecast a lackluster holiday season – cnbc
UPS stock falls after delivery giant cuts revenue outlook – cnbc
Mastercard Reports Higher Consumer Spending With Expenses Rising – bbg
Futures Tumble As Yields Rise, Yen Plummets; ECB And GDP Loom – Zerohedge
Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more – cnbc
European Central Bank holds interest rates steady after 10 consecutive hikes – cnbc
Siemens Energy Plunges After Seeking Guarantees From Germany – bbg
Siemens Energy Shares Crash 37% As Renewable Bust Sparks ‘Green Panic’ – Zerohedge
Siemens Energy shares slide 32% after company seeks support from German government – cnbc
Bristol Myers Squibb earnings top estimates even as top-selling drug fights generic competition – cnbc
Merck results beat expectations on strong Keytruda sales, surprise Covid drug growth – cnbc
Israel Latest: Army Attacks Targets in Northern Gaza Ground Raid – bbg
Mercedes-Benz shares fall 6% as profit falls; CFO bemoans ‘brutal’ EV pricing – cnbc
Mercedes Sees Profit Margin Pressure on Weakening Economy – bbg
BNP Paribas Bond Trading Slides as EU Banks Trail Wall Street – bbg
BNP Paribas posts in-line Q3 profits as trading declines – cnbc
Amazon’s $400 Billion Rally Hinges on Cloud Results: Tech Watch – bbg
UAW, Ford Reach Tentative Agreement To End Six-Week Auto Strike – Zerohedge
European stocks lower as earnings roll in; Standard Chartered plunges 9%; ECB set to hold rates – cnbc
South Korea and Japan lead losses as Asia sees broad sell-off; Australia shares hit one-year low – CNBC
Yen Slides to Weakest This Year Versus Dollar on Wide Yield Gap – bbg
SK Hynix Sales Decline Slows in Sign of Recovery for Chips – bbg
Asian Stocks to Open Mixed, Yen Lowest Since 1990: Markets Wrap – bbg
Wednesday 10/25
Stocks making the biggest moves after hours: Meta, Whirlpool, Mattel, Endeavor and more – cnbc
IBM Posts Better-Than-Expected Sales, Affirms Cash Flow View – bbg
IBM software sales up 8% as the company beats on top and bottom lines – cnbc
Meta’s ad rebound gets huge assist from China even though its services are banned there – cnbc
Facebook Jumps After Beating Estimates, Cuts Expense & CapEx Guidance, Sees Metaverse Losses Rising “Meaningfully” – Zerohedge
Meta beats on top and bottom line as digital ad recovery pushes revenue up 23% – cnbc
GOOGL weighs on stocks amid Gaza invasion momentum and a dismal UST auction – Newsquawk US Market Wrap
Nukes & Pukes: Bullion, Black Gold, & Bitcoin Jump As Bonds & Big-Tech Dump – Zerohedge
S&P 500 falls more than 1% to close below 4,200 for first time since May, Nasdaq notches worst day since February – cnbc
World’s Oldest Central Bank Seeking $7 Billion Bailout After Massive Bond Losses – Zerohedge
SunPower Restatement, Sunrun Short Report Sink Solar Stocks – bbg
Stocks making the biggest moves midday: Microsoft, Alphabet, Waste Management and more – cnbc
Yields Jump After Gruesome 5Y Auction Prices With Biggest Tail In 15 Months – Zerohedge
‘Apocalypse Proof’ Assets Gold & Crypto Jump As Russia Confirms Major Strategic Nuclear Forces Drill – Zerohedge
Worldline crash is pivotal moment for payments – bv
New Home Sales Exploded In September, As Homebuilders Eat Soaring Mortgage Costs – Zerohedge
Boeing Stock Rises Despite 9th Consecutive Money-Losing Quarter, Missing Across The Board And Cutting 737 Delivery Guidance – Zerohedge
Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results – cnbc
Futures Slide, Yields Rise As Tech Giants Report Mixed Results – Zerohedge
Europe’s Money Markets Are on Alert for Stricter ECB Bank Reserve Rules – cnbc
German Business Outlook Improves, Feeding Rebound Hopes – bbg
Deutsche Bank’s DWS Group Signals Recovery With More Inflows – bbg
Deutsche Bank shares surge 7% after net profit beats expectations – cnbc
Heineken Says Beer Demand Suffering as Price Hikes Take Toll – bbg
Santander Beats Estimates as Higher Rates Offset Loan Losses – bbg
European stocks lower with earnings in focus; Deutsche Bank up 7% after beating estimates – CNBC
Hong Kong leads rebound in Asia markets; Australia reports higher-than-expected inflation figures – cnbc
Metals Extend Gains After China Steps Up Funds for Construction – bbg
Chinese Stocks Rally as Beijing Steps Up Economic Support – bbg
Asia Stocks Set to Rise on China Stimulus Plans: Markets Wrap – bbg
Tuesday 10/24
Business Live – guardian
Morning Brief: Israel Latest; Bitcoin Hits 35K$; Ackman, Gross Abandon Bearish Bond View; German Economy Likely Contracted in Q3; Focus on PMIs – cb
Microsoft Soars As ‘Everything Beats’, Azure Growth Re-Accelerates – Zerohedge
Microsoft profit pops 27% as Azure growth accelerates – cnbc
Alphabet Cloud Unit Results Miss Estimates; Shares Fall – bbg
Alphabet Plunges 6% After Google Cloud Results Disappoint – Zerohedge
Alphabet shares drop as cloud miss overshadows better-than-expected overall results – cnbc
Snap Revenue View Above Estimates on Boost From New Ad Targeting Tools – Reuters
Snap sales grow 5% from last year – cnbc
Stocks and bonds chop on PMIs and Dollar unwinds Monday’s losses – Newsquawk US Market Wrap – Zerohedge
Bitcoin & The Dollar Soar, Squeeze Saves Stocks As Yield Curve Re-Inverts – Zerohedge
Wall Street Surges to Close Higher, Powered by Upbeat Earnings, Guidance – Reuters
Dow closes 200 points higher to end 4-day losing streak, as strong earnings lift stocks – cnbc
Qualcomm Unveils New PC Laptop Chip With AI Features for 2024 – Reuters
The Bigger Risk To Bunds Comes From The BOJ, Not So Much The ECB – Zerohedge
Stocks making the biggest moves midday: Spotify, Coca-Cola, DraftKings, 3M and more – cnbc
US PMIs Print Goldilocks Surprise In October: Growth Expansion & Slowing Inflation – Zerohedge
Bitcoin Tops $35,000 – 6 Potential Catalysts For The Sudden Crypto Craze – Zerohedge
Kering Sales Down 9% as Luxury Slowdown Stalls Revamp – Reuters
Halliburton Profit Beats as Higher Global Drilling Offsets Weak N.America – Reuters
Verizon stock soars to its best day in almost 15 years – cnbc
Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes – cnbc
GE Raises 2023 Profit Forecast Yet Again on Aviation Boom – Reuters
GM Withdraws Full-Year Forecast Amid UAW Strike, Despite Profits Topping Estimates – Zerohedge
GM tops Q3 expectations but pulls full-year guidance due to mounting UAW strike costs – cnbc
Stocks making the biggest moves premarket: Spotify, RTX, Coca-Cola and more – cnbc
Futures Rise, Bitcoin Erupts Ahead Of Mega-Tech Earnings – Zerohedge
Euro Zone Lenders and Borrowers Shun Credit as Rates Climb – ECB – Reuters
The euro area bank lending survey – ecb
Euro zone October PMI at near 3-year low, stirring recession worries – Reuters
German economy remains in contraction in October – pmi
No Recovery in German Consumer Sentiment This Year -GfK – Reuters
Barclays Hints at Big Cost Cuts Even as Third-Quarter Profit Pips Forecasts – Reuters
Puma Confirms Outlook Despite Q3 Operating Profit Drop – Reuters
Hermes Sales Rise 15.6%, Defying Luxury Downturn as U.S. Posts Strong Growth – Reuters
Novartis Lifts 2023 Earnings Forecast for Third Time – Reuters
Treasuries Wild Swings Turn Haven Asset Into Source of Turmoil – bbg
ECB’s Clock Ticks as Fate of €1.7 Trillion Bond Pile Is Debated – bbg
Bitcoin crosses $34,000 to the highest since May 2022 on ETF hopes – cnbc
European markets head for lower open ahead of euro zone economic data – cnbc
Marketmind: Bitcoin Is Back, Stocks Wobble – Reuters
Asia markets mostly fall as key data comes out from Japan, Australia and South Korea – cnbc
China Sovereign Wealth Fund Buys Up ETF Shares In Market Boost – bbg
Asia Stocks to Catch Breath After Wild Bond Moves: Markets Wrap – bbg
Monday 10/23
Business Live – guardian
Ackman, Gross Abandon Bearish Bond View With Yields Bouncing Off 5% – bbg
Oil falls on lack of Israel escalation while bonds rip as Ackman covers his short – Newsquawk US Market Wrap
Bitcoin & Bonds Bid After ‘Bearish-Bill’ Bails; Black Gold & The Buck Breakdown – Zerohedge
Nasdaq snaps four days of losses as 10-year Treasury yield retreats from 5% – cnbc
BlackRock Revives Target-Date ETFs, a Decade After First Attempt – bbg
Grayscale Gets Court Order in Fight With SEC on Bitcoin ETF – bbg
Hedge Funds Trim Exposure to Megacap Tech Stocks, Banks Say – Reuters
Unlike Markets, Fed Isn’t Too Worried About 5% Yields — Yet – bbg
Bill Ackman Says He Covered His Short Bet on US Treasuries – bbg
Bill Ackman covers bet against Treasurys, says ‘too much risk in the world’ to bet against bonds – cnbc
Bill Gross Sees a Recession By Year End – bbg
BlackRock Warns of US Earnings Stagnation, Remains Bullish on AI, Japan – Reuters
New Age for Treasuries Means 6% Yield Isn’t ‘Out of the Picture’ – bbg
Stocks making the biggest moves midday: Chevron, Okta, Walgreens, Spirit AeroSystems and more – cnbc
“Worse Is To Come” – Home Sales Slide Far From Over As Goldman Sees “Sustained Higher Mortgage Rates” – Zerohedge
Chevron Will Discontinue Oil Hedging Once Hess Deal Is Complete – bbg
Hess’s Industry-Beating Valuation Is Sign of Investor Confidence – bbg
Chevron, Hess CEOs Courted Each Other for Years Before Megadeal – cnbc
Hess Family Stake Valued at $5 Billion With Chevron Takeover – bbg
Chevron to buy Hess Corp for $53 billion in second oil mega-merger in weeks – cnbc
A Small ETF Defies Historic Bond Rout With 200% Return – bbg
Nvidia to Take on Intel With Arm-Based PC Chips, Reuters Says – bbg
Intel stock drops on report Nvidia is working on an Arm-based PC chip – cnbc
Cocoa Price Soars to Highest in 44 Years – bbg
UAW expands strike to Stellantis pickup truck plant in Michigan – cnbc
PayPal Rival’s Founders Lose About $2 Billion From Stock Slump – bbg
Futures Slide As 10Y Yields Breach 5% For The First Time Since 2007 – Zerohedge
Copper Drops to Lowest Since November as Demand Outlook Darkens – bbg
Key Events This Week: GDP, Durables, Core PCE And Earnings Galore – Zerohedge
Morgan Stanley’s Wilson Says Profit Forecasts Are Too High – bbg
European Real Estate Stocks Hit 2012 Low Amid Finance Fears – bbg
UniCredit Offers to Buy Greece’s Stake in Alpha Bank – bbg
The 5% Bond Market Means Pain Is Heading Everyone’s Way – bbg
European markets head for mixed open as global sentiment wavers – cnbc
Asia markets mostly down ahead of regional inflation readings and South Korea growth figures – cnbc
China Sovereign Wealth Fund Buys Up ETF Shares In Market Boost – bbg