Wednesday 05.01
FOMC Leaves Rates Unch, Says (Bigger Than Expected) QT Taper To Start In June – Zerohedge
Fed Announces Reduction in Balance Sheet Runoff Pace – Reuters
Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones – cnbc
Stocks and bonds pare initial dovish Fed gains – Newsquawk US Market Wrap
S&P 500 Ends Lower After Fed Rate Decision, Powell Press Conference – Reuters
Taper ‘Tantrum-ette’ – Stocks Pump’n’Dump As Fed ‘Eases’ Balance-Sheet Pressure – Zerohedge
Dow closes higher as Powell says Fed’s next move is unlikely to be a hike – cnbc
Treasuries Extend Gains After Fed Less Hawkish Than Feared – bbg
Here’s What We Learned From Fed Rate Decision, Powell Briefing – bbg
Wall Street Reacts To Powell Unleashing His Inner Dove – Zerohedge
Fed Cites Lack of Progress on Inflation, Holds Rates Steady – bbg
Fed meeting recap: Powell pretty much rules out a hike and stocks like it – cnbc
Stocks making the biggest moves midday: Super Micro Computer, Starbucks, Pfizer and more – cnbc
AMD, Super Micro Spark Chip Selloff as Earnings Miss Lofty AI Expectations – Reuters
AMD’s Muted AI Sales Forecast Fails To Unleash Bulls – Zerohedge
If Treasury Bonds Hit 5%, You’re Gonna See Some Serious Sh*t – Zerohedge
More Stagflation Signals As Manufacturing Surveys Show Soaring Prices, Orders Tumble – Zerohedge
US Manufacturing Sector Regresses in April; Prices Paid Near Two-Year High – Reuters
US Factory Activity Shrinks With Price Gauge Highest Since 2022 – bbg
Job Openings Tumble, Quits Plunge, Hires Unexpectedly Crater To January 2018 Levels – Zerohedge
US Job Openings Hit Three-Year Low, Showing Cooling Labor Market – bbg
Future Slide In Damp Start To New Month As Fed Decision Looms – Zerohedge
US Companies Add 192,000 Jobs as Wage Growth Cools in ADP Data – bbg
ADP Employment Report Strong In April, But Tech Sector Lost Jobs – Zerohedge
Private payrolls increased by 192,000 in April, more than expected for resilient labor market – cnbc
Garmin’s Q1 Results Beat on Strong Demand for Fitness, Auto Products – Reuters
Mastercard Cuts Forecast, Network Spending Misses Estimates – bbg
CVS Shares Dump On Earnings Miss, Outlook Slashed On Rising Medical Costs – Zerohedge
CVS Tumbles as Rising Medical Costs Hit Profit Forecast – bbg
GSK Expects Higher Profits Boosted By Vaccines, Asthma Drugs – bbg
UK’s FTSE 100 opens slightly higher with most Europe markets closed; Fed rate decision looms – bbg
Australia and Japan markets slip as Fed decision looms, most Asian markets closed – bbg
Chinese Stocks See Longest Foreign-Buying Streak in a Year – bbg
RBNZ Sees Risk of Sticky Inflation Keeping Global Rates High – bbg
Asian Stocks Set to Slide on Rekindled Rate Fears: Markets Wrap – bbg
Tuesday 04.30
Pinterest shares soar 16% on earnings beat, strong revenue growth – cnbc
AMD Gives Tepid Forecast Amid Weak Demand for Gaming Chips – bbg
AMD’s data center business grew 80% but the stock is down – cnbc
Super Micro Gives Sunny Sales Outlook, Fueling AI Enthusiasm – bbg
Super Micro pushes up full-year revenue forecast as it points to strong AI demand – cnbc
Starbucks shares sink 8% as same-store sales fall, quarterly results miss – cnbc
Amazon beats on profit and revenue, with growth of 13% – cnbc
Markets dip after hot wage data puts the pressure on Powell – Newsquawk US Market Wrap
Gold Flowers Amid April ‘Stagflation’ Showers; Stocks, Bonds, & Crypto Crushed – Zerohedge
Wall Street Stocks Fall as Markets Weigh Strong Wage Data, Fed Meeting – Reuters
Dow tumbles more than 550 points to wrap worst month since September 2022 as bond yields rise – cnbc
Stocks making the biggest moves midday: Eli Lilly, 3M, PayPal, Tesla and more – cnbc
Tesla China Progress Downplayed by Evercore After Stock Soars – bbg
STOXX Ends Lower as Auto Giants Weigh; Investors Parse Inflation Data – Reuters
European Stocks Slip as Hot US Wage Inflation Fuels Hawkish Bets – bbg
‘Affordabiity Crisis’ Worsens As US Home Prices Soar Near Record High In Feb – Zerohedge
US Consumer Confidence Slumps to Lowest Level Since July 2022 – bbg
Fastest Drop Since ‘Lehman’: Chicago PMI Puke Screams Stagflation – Zerohedge
Stocks & Bonds Slammed After Unionized & Govt Workers Send Employment Costs Soaring In Q1 – Zerohedge
Growth in US Labor Costs Accelerates in First Quarter – Reuters
US Labor Costs Rise by Most in Year in Sign of Wage Pressures – bbg
PayPal Forecasts Decline in 2024 Profit Amid ‘Transition Year’ – bbg
GE HealthCare Misses Quarterly Revenue Estimates on Weakness in China Market – Reuters
Lilly Raises 2024 Guidance as Zepbound Keeps Flying Off Shelves – bbg
Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro – cnbc
McDonald’s Results Hurt by Mideast War, Slowing US Growth – bbg
Coca-Cola Raises Outlook as Organic Revenue Beats Estimates – bbg
Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices – cnbc
Cocoa Slumps 26% in Two Days, Paring Back Historic Rally – bbg
3M to Cut Dividend on Health-Care Spin, Losing Aristocrat Status – bbg
US Futures Dip On Last Day Of April, First Down Month Of 2024 – Zerohedge
BBVA Approaches Sabadell Over Potential Spanish Bank Merger – bbg
Euro Zone Inflation Steady in April, Reinforcing ECB Rate Cut Case – Reuters
Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth – cnbc
Euro Zone Rebounds From Recession as Inflation Steadies – Reuters
German Economy Skirts Recession, Helped by Construction and Exports – Reuters
France Grows in Hope Region Out of Recession: Europe GDP Latest – bbg
Glencore Sees Yet Another Strong Year for Trading Profits – bbg
Half of All Copper Mining Is at Drought Risk With Climate Change – bbg
Carlsberg Says Q1 Growth Driven by Premium Brands Despite Flat Chinese Beer Market – Reuters
Air France-KLM Reports Worse Than Expected Q1 Results as Costs Soar – Reuters
Weak Demand, New Model Ramp up Hit Europe’s Top Automakers – Reuters
Stellantis Shares Slump on Warning of Margin Pressure in Europe – bbg
Volkswagen Earnings Slump 20% on Muted Sales, Higher Costs – bbg
Mercedes Earnings Drop on Model Changeovers, EV Slump – bbg
Santander Sees Higher Profitability in 2024 as Spanish Business Outperforms – Reuters
HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire – cnbc
European markets head for lackluster open ahead of euro zone inflation, GDP data – cnbc
Asia markets mostly rise, tracking Wall Street gains; China factory activity expands at a slower pace – cnbc
China’s Factory Activity Holds Up, Signaling Recovery Has Legs – bbg
Sumitomo Shares Jump Most Since 2020 on Elliott’s Reported Stake – bbg
Samsung’s Profit Surges After AI Boom Reverses Chip Losses – bbg
IMF Boosts Asia Growth Forecast This Year on China, India – bbg
Hong Kong Vies With US in Bitcoin ETF Market After Crypto’s Revival – bbg
Asian Stocks Set to Track US Higher, Led By Japan: Markets Wrap – bbg
Monday 04.29
Business Live – guardian
FX Daily: Likely FX intervention from Japan – ing
Yen tumbles as BoJ shows its hand – Newsquawk US Market Wrap
Wall Street Stocks Finish Higher as Investors Focus on Fed Moves – Reuters
Yen & Yellen Yank Stocks, Bonds, & The Dollar On Otherwise Quiet Day – Zerohedge
Dow climbs more than 100 points, Tesla’s 15% pop pushes Nasdaq to close higher – cnbc
Oil prices fall more than 1% as Secretary of State Blinken pushes for Gaza cease-fire – cnbc
US Lifts Quarterly Borrowing Above Forecasts to $243 Billion – bbg
US Treasury to Borrow $243 Billion in Q2, Higher Than January Forecast – Reuters
Treasury Estimates Borrowing Needs For Q3 Which Sneak Below The Median Estimate – Zerohedge
Stocks making the biggest moves midday: Tesla, Roku, Apple, SoFi, Domino’s and more – cnbc
Apple Shares Gain Ground After Bernstein Analyst Upgrade – Reuters
AMD stock target cut at Morgan Stanley ‘amid longer term concerns’ – investing
Higher Rates Could Knock Japan Into Recession, Says Former IMF Economist Blanchard – Reuters
Boeing taps debt market to raise $10 billion: Reuters – cnbc
European Stocks Steady as Philips Soars, Deutsche Bank Drops – bbg
“I’m Worried…[About] Four More Years” – Dallas Fed Manufacturing Contracts For 24th Straight Month – Zerohedge
Stocks making the biggest moves premarket: Tesla, Paramount, Domino’s, Southwest Airlines and more – cnbc
Futures Rise, Yen Downgraded To Banana Republic Currency After Another Rollercoaster Session – Zerohedge
Cocoa Slumps on Better Mid-Crop Outlook and Lower Bullish Bets – bbg
Spanish Inflation Accelerates as Government Energy Aid Removed – bbg
German Inflation Creeps up to 2.4% in April – Reuters
German Inflation Ticks Up Again as Energy Support Ends – bbg
Explainer-What Is Tesla’s Full Self-Driving and Why Its China Rollout Matters – Reuters
Tesla Clears Key China Assisted-Driving Hurdle With Baidu Deal – bbg
As Musk Visits China, Tesla Wins Key Data Security Clearance – bbg
Europe’s Debt Is Rising Again as Politics Erodes Budget Resolve – bbg
Deutsche Bank Falls 5% After Postbank Litigation Woes Resurface – Reuters
BBVA CEO Lifts Profit Outlook After Strong First Quarter – bbg
“Much Milder Than Feared”: Philips Shares Soar 43% After US Sleep Apnea Settlement – Zerohedge
Philips Settles US Sleep Apnea Claims for $1.1 Billion – bbg
BHP Mega Bid and $10,000 Copper Expose Mining’s Biggest Problem – bbg
Key Events This Extremely Busy Week: Fed, Treasury Refunding, Jobs, JOLTS, ISM And Tons Of Earnings – Zerohedge
Bitcoin ETF Bandwagon Heads to Australia After $53 Billion Haul in US – bbg
Wall Street Bulls Say Stock Rally Can Resume Even Without Rate Cuts – bbg
WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’ – cnbc
Novo Reigns, Stellantis Resilient: EMEA Earnings Week Ahead – bbg
European markets head for higher open as traders look ahead to Fed meeting – cnbc
Japanese yen strengthens after touching 160 to the dollar; Asia stocks rise as Fed meeting looms – cnbc
Yen Slides Past 160 Against Dollar for First Time Since 1990 – bbg
Chinese Property Shares Rally on Stimulus Hopes – Reuters
Chinese Property Shares Lead Market Rebound as Optimism Rises – bbg
BYD Shares Face Earnings Test as China’s EV Price War Heats Up – bbg
Asian Markets Eye Positive Open, Tech in Focus: Markets Wrap – bbg