Weekend 02/10 & 02/11
These Six Charts Explain How the CRE Debt Crisis Spread to Banks – bbg
Corporate America’s Surprising Profits Help Propel Stock Rally – bbg
Charting the Global Economy: OECD Lowers Most Inflation Forecasts – bbg
Tesla Temporarily Slashes Prices for Some Model Y Cars in the US – Reuters
Bezos Sells $2 Billion of Amazon Shares in First Major Stock Sale Since 2021 – bbg
Market Breadth Suggests Narrowing Rally as S&P 500 Hits Records – Reuters
S&P 500 Q4 2023 Earnings Growth Now Seen at 9% Year Over Year -LSEG – Reuters
Friday 02/09
S&P 500 Rockets From 4,000 to 5,000 With Economy Humming Along – bbg
S&P 500 closes above 5,000 for first time ever, notches fifth straight winning week – cnbc
Stocks making the biggest moves midday: Pinterest, Cloudflare, PepsiCo, Expedia and more – cnbc
Exclusive-Nvidia Pursues $30 Billion Custom Chip Opportunity With New Unit -Sources – Reuters
Factbox-Job Cuts Spill Beyond Tech Sector – Reuters
Dollar Posts Longest Win in Five Months as Treasury Yields Hit 2024 Peak – bbg
Disney Harnesses AI to Drive Streaming Ad Technology – Reuters
Cisco to cut thousands of jobs as it seeks to focus on high growth areas: Reuters – cnbc
European Shares See off Week Lower as Rising Yields, L’Oreal Losses Weigh – Reuters
Relentless S&P 500 Momentum Leaves Dip Buyers Without a Playbook – bbg
Stocks making the biggest moves premarket: PepsiCo, Cloudflare, Pinterest, Expedia and more – cnbc
Mixed US Consumer Price Revisions Leave Slowing Inflation Trend Intact – Reuters
US CPI Response Rate Stays Weak, Questioning Accuracy of Data – bbg
US CPI Revisions Confirm Inflation Progress at End of Last Year – bbg
BLS Releases Revised CPI Data: Here’s What’s In It – Zerohedge
Inflation in December was even lower than first reported, the government says – cnbc
L’Oreal Shares Fall After Asian Sales Disappoint – Reuters
PepsiCo Sees Profit Growth as Snacking Recovers From Pandemic – bbg
PepsiCo Signals Demand Hit From Price Hikes With Rare Sales Decline – Reuters
PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years – cnbc
German Inflation Eases to 3.1% in January – Reuters
China’s Tepid Rebound Has Left Luxury Shops Relying on US Demand – bbg
Hermes Overtakes L’Oreal to Become France’s Second Most-Valuable Firm – bbg
Hermes Sales Jump as Birkin Bag Maker Weathers Luxury Slowdown – bbg
Novo’s Weight-Loss Pill Isn’t Coming Soon to a Pharmacy Near You – bbg
ECB Warns Banks to Grasp Real Estate Risks or Face Capital Hits – bbg
Risk of Bank Defaults Spreading to Europe, Man Group Fund Manager Says – bbg
European markets slightly higher as investors digest fresh economic data; German inflation falls – cnbc
BofA Says State Funds Drive Biggest-Ever China Stock Inflows – bbg
China’s Credit Growth Jumps to Record in January After Stimulus – bbg
China Stock Rebound Shows Cracks, Spoiling Traders’ Holiday Mood – bbg
Tuesday 02/08
Pinterest Follows Snap in Posting Disappointing Holiday Revenue – bbg
Pinterest shares crater 25% on weak revenue and forecast – cnbc
Massive Short-Squeeze Sends Small Caps Soaring; Big-Tech Skids, Bitcoin & Black Gold Bid – Zerohedge
S&P 500 Hovers Near 5,000 Mark With Earnings, Jobs Data in Focus – Reuters
S&P 500 hits 5,000, but closes just under the milestone – cnbc
Global Share Buybacks Return With a Bang as Stocks Hit Records – bbg
Stocks making the biggest moves midday: Ralph Lauren, Walt Disney, Hershey and more – cnbc
Here’s another sign our go-to cybersecurity stock should climb even higher in 2024 – cnbc
US Oil Refiners Beat Wall Street Bets, Expect Demand to Grow in 2024 – Reuters
L’Oreal Sales Disappoint as Travel Retail in Asia Struggles – bbg
Disney’s Investment in Epic Games Signals the Company Has to ‘Be There’ – Reuters
Bitcoin Hovers Near One-Month High on ETF Inflows, Looming Halving – bbg
Bitcoin Surges Over $45,000 As Rising ETFs Inflows Confirm Accelerating Investor Interest – Zerohedge
Bitcoin Approaches $45,000 With US Spot ETFs Showing Steady Inflows – bbg
ECB approves fresh stimulus for reeling economy but keeps rates steady – Reuters
Despite Mass Layoffs, US Jobless Claims Declined Last Week – Zerohedge
US Initial Jobless Claims Drop for the First Time in Three Weeks – bbg
Futures Drop, Yields And Oil Rise Amid Earnings Firehose – Zerohedge
Oil Producer ConocoPhillips Beats Profit Views on Higher Output – Reuters
Ralph Lauren Hits 9-Year High on Price Increases, China Rebound – bbg
Under Armour Bets on Lower Input Costs to Raise Profit View as Sales Lag – Reuters
Under Armour Boosts Earnings View on Cost Control; Shares Rise – bbg
Europe’s Banks Under Microscope With Property Worries Swirling – bbg
Gucci Sales Fall as Weakness Persists at Kering’s Top Label – bbg
Kering to Put More Money Into Reviving Gucci Brand – Reuters
Siemens Profit Tops Forecast Despite Automation Sector Slowdown – Reuters
Siemens Sees Sharp Drop in China Factory-Automation Orders – bbg
Unilever Returns to Volume Growth Under CEO’s Turnaround Plan – bbg
Credit Agricole Beats Estimates as Debt Traders Outperform – bbg
Adyen’s Net Revenue Beats Estimates as Customer Spending Rises – bbg
Stripe rival Adyen’s shares soar 21% as European payments giant posts profit beat, slows hiring – cnbc
Red Sea Crisis Sends Maersk Shares Crashing As Outlook Darkens, Buybacks Suspended – Zerohedge
Maersk Faces Network Problems, Disrupting Operations in Americas – bbg
Shipping giant Maersk shares slide 15% after suspending share buybacks amid Red Sea disruption – cnbc
SocGen’s Krupa Vows Growth After Year Marred by Wrong-Way Hedges – bbg
ArcelorMittal Sees Steel Demand Growth Accelerating This Year – bbg
European markets head for higher open ahead of a slew of earnings – cnbc
Nikkei at fresh 34-year highs; prices in China continue to fall; Alibaba slides after results – cnbc
China Stock Rally Extends After Naming of New Top Regulator – bbg
China Double-Ds: Consumer Prices Suffer Worst Deflation Since GFC, Producer Price (Downside) Pressures Persist – Zerohedge
China’s Consumer Prices Drop at Fastest Pace Since 2009 – bbg
US Stocks Hit New High; Asia Heads for Mixed Open: Markets Wrap – bbg
Wednesday 02/07
Business Live – guardian
Japanese Shipping Giant Warns “Historic” Red Sea Crisis Could Last “Six Months Or One Year” – Zerohedge
US Commercial Real Estate Contagion Is Now Moving to Europe – bbg
Arm Soars After Expansion Into New Markets Buoys Forecast – bbg
Disney shares spike on higher guidance, Epic Games partnership – axios
Disney Shares Soar Despite Top-Line & Subscriber Growth Disappointment – Zerohedge
Disney to Invest $1.5 Billion in Fortnite Maker Epic Games – bbg
Disney beats earnings estimates, hikes guidance as it slashes streaming losses – cnbc
Stocks rise to see SPX test 5k while yields chop to NYCB and supply – Newsquawk US Market Wrap
S&P 500 Closes at Record High; Earnings, Rate Outlook in Focus – Reuters
Big-Tech & Bitcoin Bounce, Regionals Red As Flotilla Of FedSpeak Hints ‘Higher For Longer’ – Zerohedge
S&P 500 closes near 5,000, notches closing high as strong earnings continue – cnbc
Stunning Collapse In Credit Card Debt Change As Average APR Hits New All-Time High – Zerohedge
US Debt Set to Skyrocket to Record Over Next Decade, CBO Says – bbg
Stocks making the biggest moves midday: Roblox, Enphase Energy, Snap, Alibaba and more – cnbc
How Has The US Economy Remained So Resilient In The Face Of Much Higher Rates? Here Is The Answer – Zerohedge
European Shares Fall as Declining Banks, Energy Stocks Weigh – Reuters
New sports streaming bundle could be a ‘monster’ — or a dud. Here are the biggest remaining questions – cnbc
Europe Is Preparing for a Transatlantic Trade Fight With Trump – bbg
A Trio of Stock Trading Debuts in Europe Lift Market Gloom – bbg
Athens Airport Stock Rises in Debut on Greek Stock Exchange – bbg
US Trade Deficit With China Narrows to Lowest Level Since 2010 – bbg
Stocks making the biggest moves before the bell: Snap, Uber, Chipotle, Alibaba and more – cnbc
Tesla Asks Which Jobs Are Critical, Stoking Layoff Fears – Bloomberg News – Reuters
Fortinet financials boost cybersecurity stocks after past outlook misses slammed the group – cnbc
Uber Expects Strong Core Profit as Ride Share, Food Delivery Pick up Pace – Reuters
Uber Bookings Beat on Robust Holiday Demand for Rides, Delivery – bbg
Uber beats estimates as revenue and bookings see double-digit growth – cnbc
Roblox Forecasts Strong 2024 Bookings; In-Game Spending Gets Holiday Boost – Reuters
Roblox Surges as Bookings Beat Estimates – bbg
Alibaba Approves Another $25 Billion of Buybacks As Sales Miss – bbg
Alibaba shares whipsaw in premarket trade after revenue miss, $25 billion boost to buyback plan – cnbc
Futures Rebound To Session High After NY Community Bank Reverses Overnight Rout; Record 10Y Auction Looms – Zerohedge
Deutsche PBB Bonds Suffer Record Drop as US Property Fears Mount – bbg
Deutsche Pfandbriefbank Adds Provisions Amid Property Crisis – bbg
UK Homebuilder Barratt to Buy Rival Redrow in £2.5 Billion Deal – bbg
Post-Earnings Moves Show Investors Don’t Expect Much From Europe – bbg
Germany’s Industrial Downturn Stretches Into a Seventh Month – bbg
TotalEnergies Raises Dividend, Shrugging Off Drop in Earnings – bbg
Siemens Energy Cash Flow Loss Deepens During Gamesa Turnaround – bbg
Siemens Energy swings to profit on order surge, sale of Indian stake – cnbc
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Arthur Laffer – cnbc
NYCB’s Credit Grade Is Cut to Junk by Moody’s – bbg
European Stocks Steady as Traders Weigh Earnings, Policy Outlook – bbg
European markets head for mixed open amid ongoing uncertainty over rate cut outlook – cnbc
Asia markets mostly rise as investors assess corporate earnings; Japan’s Nikkei falls – cnbc
Everything China Is Doing to Rescue Its Battered Stock Market – bbg
China Pledges to Strengthen Support for EVs Amid Trade Headwinds – bbg
China’s New Energy Vehicle Sales Drop M/m for First Time Since Aug – Reuters
China Share Buybacks Climb to Three-Year High Amid Market Slump – bbg
Pimco Sees Multiple BOJ Rate Hikes Starting as Soon as March – bbg
US Bonds Rebound; China Bets Bolster Asia Stocks: Markets Wrap – cnbc
Tuesday 02/06
Stocks making the biggest moves after hours: Chipotle, Snap, Ford, Warner Bros. Discovery and more – cnbc
‘Hulu of Sports’ Service Will Test Consumer Loyalty to Cable – bbg
ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year – cnbc
Ford Beats Profit Expectations, Sees More Earnings Growth Ahead – Zerohedge
Ford Beats Profit Expectations, Sees More Earnings Growth Ahead – bbg
Amgen Sees a 2024 Sales Jump, Sets Sights on Obesity Market – bbg
Snap Misses Revenue Estimate, Says It Will Focus More on User Growth as Shares Plunge – Reuters
Snap plunges 30% on revenue miss and light guidance, as Middle East conflict creates ‘headwind’ – cnbc
NYCB plunge continues sending yields and the Dollar lower – Newsquawk US Market Wrap
Bank Blow-Up ‘Butterflies’ Spark Bid For Bonds, Bullion, & Bitcoin – Zerohedge
S&P 500 Closes Up, Focus on Earnings and US Interest Rates – Reuters
S&P 500 closes near session high as Wall Street attempts to recoup record levels – cnbc
Germany Seeks to Raise $2.3 Billion Selling Deutsche Post Stake – bbg
Stocks making the biggest moves midday: Palantir, Spotify, UPS, DocuSign and more – cnbc
Credit Card, Auto Loan Delinquency Rates Rise in NY Fed Report – bbg
UPS Jumps Most in Two Years As Cost Cuts Spur UBS Upgrade to Buy – bbg
Disney Should Weigh Breakup, Spinoff of Property, Activist Says – bbg
NYCB Extends $4 Billion Rout That’s Erased Over Half Its Value – bbg
Palantir shares rocket 30% after revenue beat, strong demand for AI – cnbc
Bernstein ‘struggles’ to see a catalyst for Tesla (TSLA) stock – streetinsider
JPMorgan Traders Say Buy US Stocks, Breaking With Kolanovic – bbg
Futures Flat As Interest Rates Grind Higher After Two-Day Surge – Zerohedge
Big Pharma Targets Smaller Companies With Megadeals Out of Favor – bbg
Stocks making the biggest moves premarket: Spotify, Eli Lilly, Palantir, UBS and more – cnbc
Hertz Shares Regain Traction After Wider-Than-Expected Q4 Loss – Reuters
Spotify’s User Growth Beats Estimates, Forecasts Upbeat Year – Reuters
Drug companies scramble to boost production of weight-loss drugs – axios
Lilly Rides Wave of Weight-Loss Drug Demand, Working to Expand Capacity – Reuters
Eli Lilly says weight loss drug shows promise as treatment for fatty liver disease – cnbc
Euro Zone Consumers Trim Near-Term Inflation Expectations: ECB – Reuters
Oil major BP accelerates pace of share buybacks after sharp drop in full-year profit – cnbc
Infineon Lowers Guidance Amid Broader Slump in Chip Demand – bbg
UBS Shares Slide As Earnings Miss Darkens Outlook; CEO Warns 2024 Will Be “Pivotal” – Zerohedge
UBS to Restart Buybacks This Year as It Integrates Credit Suisse – bbg
UBS beats earnings expectations, announces up to $1 billion share buyback – cnbc
ECB Rate-Cut Timing Is Only First Tricky Call in Easing Process – bbg
European markets set for higher open despite unclear rate cut outlook – cnbc
Marketmind: A Dose of Reality for the Rate Cut Rally – Reuters
ASIA NEWS
China, Hong Kong stocks rise amid broader decline in Asia; Australia leaves rates unchanged – cnbc
Chinese Stocks Soar Overnight As Regulators Brief Xi On $7 Trillion Trainwrec – Zerohedge
China Sovereign Fund Vows to Buy More ETFs, Fueling Stock Rally – bbg
China Regulator Unveils More Curbs on Short-Selling – Reuters
China’s Small-Cap Crash Shows What Happens Without Market Rescue – bbg
China Small-Cap Stocks Slump in Eighth Day of Declines – bbg
Warnings, liquidity boost and proverbs — China’s tools for propping up its stock market – cnbc
China Margin Debt Drops Most Since 2016 Amid Stock Rout – bbg
Toyota Hikes Annual Profit Forecast After Q3 Beats Expectations – Reuters
Toyota hikes annual profit forecast after third quarter beats expectations – cnbc
Top Chinese Hedge Fund Banxia Slashes Stocks for ‘Survival’ in Rout – bbg
Wall Street Snubs China for India in a Historic Markets Shift – bbg
Hong Kong Shares Face Risk From Expiring Korean Exotic Notes – bbg
Hong Kong to Raise Protection on Bank Deposits to HK$800,000 – bbg
Here’s How Much Japanese Firms Plan to Hike Salaries This Year – bbg
Japan’s Wage Data Likely Solid Enough to Keep BOJ on Track – bbg
RBA Keeps Rate at 12-Year High, Signals Higher Bar for Rate Hikes – bbg
Bonds Slide on Rate Doubts; Asia Stocks Look Mixed: Markets Wrap – bbg
Monday 02/05
Business Live – guardian
Powell Tells ‘60 Minutes’ Fed Is Wary of Cutting Rates Too Soon – bbg
Stocks making the biggest moves after hours: Palantir Technologies, NXP Semiconductors, Chegg and more – cnbc
Palantir Reports First Profitable Year, Citing Big AI Demand – bbg
Palantir stock jumps 12% on revenue beat – cnbc
Wall Street Equities Fall With Interest Rates, Earnings in Focus – Reuters
Bonds, Bullion, Banks, & Bitcoin Battered As “Good News Is Bad News” Again After Powell – Zerohedge
Dow closes more than 250 points lower, S&P 500 slips from record as bond yields surge – cnbc
US Banks See Loan Demand Rising as Rates Fall in 2024: Fed Survey – Reuters
Banks Report Tighter Standards, Weaker Loan Demand But Some Improvement As Financial Conditions Ease – Zerohedge
Fed Says Banks Tightened Credit Standards in Fourth Quarter – bbg
Bill Gross Is Betting on a Steeper Yield Curve – bbg
SAP Removes Tesla From List of Company Car Suppliers -Handelsblatt – Reuters
Tesla Falls After Report of SAP Snub, Piper Sandler Price Target Cut – Reuters
Stocks making the biggest moves midday: Nvidia, Boeing, Snap, Tyson Foods and more – cnbc
Nvidia Hits Record High as Goldman Sachs Boosts PT on AI Prospects – Reuters
Citi Sees Opportunity in US Bank Stocks to ‘Play Offense’ After Recent Turmoil – Reuters
European Shares Ease as Dashed Rate-Cut Hopes Push Yields Higher – Reuters
Eli Lilly’s Diabetes Drug Mounjaro in Short Supply Again as Demand Surges – bbg
Fed’s Goolsbee Says More Good Data Needed Before Starting Cuts – bbg
Red Sea tensions risk significantly higher inflation, OECD warns – cnbc
US Service Sector Growth Picks up in January – ISM Survey – Reuters
ISM Services Accelerates, But Prices Surge Most In 11 Years – Zerohedge
US Services Gauge Rises to Four-Month High While Prices Pick Up – bbg
Marketmind: Rough Winds Do Shake the Darling Buds of May – Reuters
Global Chip Sales Forecast to Jump 13% This Year After Rocky 2023 Industry Group – Reuters
The World’s Chip Industry Poised to Bounce Back After Tough 2023 – bbg
Futures Drop As Yields, Dollar Jump After Powell Repeats Rate Cuts To Come Later – Zerohedge
Snap to Lay off 10% of Its Workforce as Spate of Job Cuts Continue – Reuters
Novo Nordisk Spends $11 Billion on Meeting Obesity Drug Demand – bbg
Novo Nordisk parent to buy Catalent for $16.5 billion to expand Wegovy supply – cnbc
‘Markets Are Now Anchoring On Potential Trump Victory’ – Ex-Soros CIO Says “All Pullbacks Should Be Bought” – Zerohedge
Oil market will face supply shortage by end of 2025, Occidental CEO says – cnbc
Dollar Reaches Highest Since November as Traders Pare Fed Rate-Cut Bets – bbg
McDonald’s Posts Rare Sales Miss as Middle East Hit Weakens Overseas Business – Reuters
McDonald’s revenue misses estimates as Middle East conflict weighs on quarterly sales – cnbc
Estee Lauder to Cut Jobs on Skittish China Demand; Shares Surge 19% – Reuters
Caterpillar’s Shares Hit Record High on Profit Beat, Robust Demand – Reuters
Caterpillar’s Energy and Transport Sales Drive Earnings Beat – bbg
Gold prices to hit $2,200 and a ‘dramatic’ outperformance awaits silver in 2024, says UBS – cnbc
Euro Zone Economy Showing Some Signs of Recovery -PMI – Reuters
German Services Sector Activity Fell in January -PMI – Reuters
Key Events This Week: CPI Revisions, ISM, And SLOOS – Zerohedge
German Trade Gap With China Narrows for First Time in Five Years – bbg
SocGen to Cut About 900 Jobs at Head Office to Rein in Costs – bbg
Nordea Raises Profitability Target to Satisfy Investor Demands – bbg
Vodafone Sales Beat Estimates on Cloud, Enterprise Growth – bbg
UniCredit Boosts Investor Returns as Profit Triples Estimates – bbg
Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beat – cnbc
Vodafone in ‘Active’ Italy Deal Talks as German Recovery Slows – Reuters
Powell Tells 60 Minutes Fed “Not Likely” To Cut In March, Calls Americans Lazy – Zerohedge
Read the Full Transcript of Powell’s Interview With CBS’s ‘60 Minutes’ – bbg
Powell insists the Fed will move carefully on rate cuts, with probably fewer than the market expects – cnbc
European Stocks Edge Up After Powell Comments; UniCredit Jumps – bbg
European stocks open higher as markets ponder Fed Powell’s comments – cnbc
ASIA NEWS
China stocks fall for a sixth day as Asia markets drop after Powell says Fed will be ‘cautious’ on rate cuts – cnbc
Analysis-Why China’s National Team Won’t Save Spiralling Markets – Reuters
China Targets Margin Loans, Short Selling to Help Stabilise Stocks – Reuters
China Widens Stock Trading Curbs on Quants, Some Offshore Units – bbg
China Stocks Languish Despite Renewed Vow to Stabilize Markets – bbg
Exclusive-AI Chip Demand Forces Huawei to Slow Smartphone Production -Sources – Reuters
China Vows Plan to Attract Investment, Offers No New Detail – bbg
China Vows to Prevent Abnormal Market Fluctuations, CSRC Says – bbg
China Margin Debt Gets Unwound as Stock Selloff Deepens – bbg
US Fears Sent Aozora Bank’s Stock Plunging. Retail Investors Still Piled in. – bbg
Trump 2.0 Tops Chinese Investors’ Concerns, Goldman Sachs Says – bbg
Marketmind: Powell’s Prudence Spurs a Sell-Off – Reuters
Treasury Selloff Hits Asia on Pared Rate Cut Bets: Markets Wrap – bbg