TOP MARKETS NEWS: Week 02/06 – 02/12

Weekend 02/11 & 02/12

Top 5 things to watch in markets in the week ahead – cnbc

It’s Too Soon for Stock Investors to Call Victory on Inflation – bbg
Shanghai Container Index Falls Into Triple Digits – Zerohedge
Biggest Crypto Staker Warns on DeFi Challenges After SEC’s Kraken Crack Down – bbg
Decoding Google’s AI Ambitions (And Anxiety) – Zerohedge

US Consumer Prices May Show Fed Has More Work to Do – bbg
Credit Markets Are Poised for a Gut Check After 10% Rally – bbg
Millions Of Americans Face “Hunger Cliff” As 32 States Set To Slash Emergency Food Stamp Benefits – Zerohedge
Investors Brace for Risk Inflation Dooms Bonds to Bear Market – bbg
This Was Another Big Week For Central Bank Digital Currencies (CBDCs) – Zerohedge
A $92 Billion Crypto Profit Maker Is in Line for a Shake-Up – bbg
America’s Post-Pandemic Corporate Profit Boom Really Is Over – bbg
BlackRock, Pimco Push Back Against Bets Inflation Cooling Fast – bbg
Clock Is Ticking Louder on a Stock Rally the Pros Never Believed In – bbg
Debt Ceiling Fight May Boost US Stocks, Says Pictet Fund Manager – bbg
This Week in China: AI Stocks Mania and Another Cash Squeeze – bbg

Take Five: the Truth About Inflation – Reuters

 

 

Friday 02/10

Business Live – guardian

Nasdaq Ends Lower as Treasury Yields Rise, Lyft Plunges – Reuters
S&P posts worst week since Dec as markets hedge for hawkish Fed shift – Newsquawk US Market Wrap – Zerohedge
Dow closes nearly 170 points higher, S&P 500 and Nasdaq post worst week since December – cnbc
Google Cautions Against ‘Hallucinating’ Chatbots – Report – Reuters
Explainer-What Is ‘Staking,’ the Cryptocurrency Practice in Regulators’ Crosshairs? – Reuters
U.S. Equity Funds See Outflows for 12th Week in a Row – Reuters
Global Equity Funds See Outflows on Rate Hike Worries – Reuters
Revisions Show U.S. Consumer Prices a Bit Firmer Than Previously Reported – Reuters
U.S. Consumer Sentiment Improves; Inflation Expectations Rise – Reuters
’60/40′ Portfolios Post Best Start to Year Since 1991 – BofA – Reuters

Marketmind: Volatility Stirs – Reuters


US PREMARKET

What Is Crypto Staking and Why Is the SEC Cracking Down? – bbg
Adidas shares tank after it issues warning over unsold Yeezy stock – CNBC
Microsoft Co-Founder Bill Gates: ChatGPT ‘Will Change Our World’ – Reuters
Deutsche Bank Defies Treasury Bulls by Calling Yields at 4.20% – bbg
Euro Bulls Get a Reality Check as Investors Assess Rate Outlook – Reuters
Binance’s Stablecoin Partner Paxos Probed by New York Regulator – bbg
Recession Alarm Bells Are Ringing, but (Much) Less Loudly Than Before – Reuters
US Crypto Staking Crackdown Seen as ‘Huge Gift’ for Decentralized Services – bbg
Cryptocurrencies Fall Amid Concern Over Regulatory Crackdown – bbg

Asia-Pacific markets mixed as China’s inflation ticks up: Live updates – cnbc
‘Japan’s Ben Bernanke’ Shows MIT’s Sway, With Ueda Eyed for BOJ – bbg
China’s Banks Extend Record Loans as Companies Borrow More – bbg
Japan set to appoint Kazuo Ueda next BOJ governor – asianikkei
Japan Govt Set to Appoint Academic Ueda as Next BOJ Governor – Sources – Reuters
China Cash Squeeze Eases as PBOC Adds 1 Trillion Yuan in 3 Days – bbg
China’s Consumer Inflation Picks Up as Recovery Gathers Pace – bbg
Australia Raises Inflation, Wages Outlook, Sees Higher Rates – bbg

Marketmind: China CPI Spy – Reuters

Asia Stocks Face Pressure as Rates Outlook Sours: Markets Wrap – bbg

 

 

Thursday 02/09

Business Live – guardian

Stocks making the biggest moves after hours: Lyft, Expedia, Yelp, PayPal and more – CNBC
Lyft Dropped: Stock Craters 25% After Huge Guidance Miss – Zerohedge
Lyft Tumbles as Profit Outlook Misses Wall Street Estimates – bbg
Lyft Forecasts Revenue Below Estimates, Blames Cold Weather, Lower Prices – Reuters
Lyft shares tank 20% after company issues weak guidance – cnbc
PayPal CEO Dan Schulman to Retire at Year-End as Growth Slows – bbg
Stocks dive and yields rise as eyes turn to CPI next week – Newsquawk US Market Wrap
Stocks, Bonds, Bullion And Bitcoin All Blasted Amid Broadbased Selling – Zerohedge
Dow closes nearly 250 points lower, Nasdaq sheds 1% as Alphabet shares slide: Live updates – cnbc
Crypto exchange Kraken settles with SEC for $30 million, will close U.S. staking operation – cnbc
Cryptos Tumble After Kraken Agrees To Shutter Crypto-Staking Ops To Settle SEC Charges – Zerohedge
Adidas Forecasts High Single-Digit Sales Decline in 2023 – Reuters
Yahoo Will Eliminate 1,000 Jobs in Latest Tech Workforce Cuts – bbg
Yahoo to lay off 20% of staff by year-end, beginning this week – cnbc
Analysis: Bayer’s New CEO Has a Full In-Tray as Investors Push for Change – Reuters
Wall Street Turns Most Bearish on Bank of America Since 2015 – bbg
Stocks making the biggest moves midday: Sonos, Salesforce, Disney, Credit Suisse and more – cnbc
Activist Peltz Makes Nice With Disney, Ends Board Challenge – Reuters
U.S. Demand Boosts L’Oreal Fourth-Quarter Sales, China Weighs – Reuters
L’Oreal Surpasses Sales Estimates Despite China Disruptions – bbg
Hedge Fund Deal Slams Bed Bath Stock as Redditors Stay Away – bbg
Bayer Ushers In New Era After Roundup Wins Set Up Baumann’s Exit – bbg
Vanguard’s One-of-a-Kind Fund Design Is About to Get Some Competition – bbg
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it – cnbc
Treasury Yield-Curve Inversion Reaches Deepest Level Since 1980s – bbg
Behind Google’s $150 Billion AI-Driven Selloff: “The Response Has Been Very Emotional And Devoid Of Reality” – Zerohedge
Alphabet’s $100 Billion Stock Swoon Shows AI Stakes Are Rising – bbg
Crypto Fans Pile Into ‘Faddish’ AI Tokens as ChatGPT Mania Grows – bbg

Marketmind: Corporate Scatter – Reuters


US PREMARKET
Total US Jobless Claims Near One-Year High – Zerohedge
U.S. Weekly Jobless Claims Increase, Labor Market Still Tight – Reuters
US Jobless Claims Pick Up for the First Time in Six Weeks – bbg
Futures Rebound As Dollar Slides, Yields Drop – Zerohedge
Ralph Lauren Beats Quarterly Revenue Estimates – Reuters
Kellogg’s Sales and Profit Beat Estimates, to Retain Plant-Based Meat Business – Reuters
AbbVie Outlook Falls Short of Estimates as Humira Faces Biosimilar Competition – bbg
AbbVie Sees 37% Drop in Humira Sales This Year as Biosimilars Hit U.S. Market – Reuters
PepsiCo earnings beat expectations as price hikes boost snack and beverage sales – cnbc
Deliveroo Plans to Cut 9% of Staff to Cope With Slowing Growth – bbg
Bond Investors Are Shrugging Off Surge in Bets on Hawkish Fed – bbg
Unilever Q4 sales narrowly miss estimates amid inflation pressures – investing
Unilever says prices hikes will continue into this year, easing in H2 – cnbc
ArcelorMittal Expects to Increase Steel Shipments by 5% in 2023 – Reuters
Credit Suisse Craters After “Staggering” Bank Run And Warning Of Continued Losses – Zerohedge
Credit Suisse Posts Worst Annual Loss Since Global Financial Crisis – Reuters
Credit Suisse Clients Pull $120 Billion Amid Fifth Straight Loss – bbg
Credit Suisse posts massive annual loss as ‘radical’ restructure gets underway – cnbc
European markets head for higher open as investors weigh up economic outlook – cnbc

 

Marketmind: Bar-Duh – Reuters

 

ASIA NEWS
Asia-Pacific markets trade mixed as investors weigh risks of more hikes ahead – cnbc
Toyota unveils new Grand Highlander, expanding hybrid crossover lineup – cnbc
Japan’s LDP Said to Be Divided If Kishida Seeks BOJ Pivot – bbg
Toyota Keeps Profit Outlook as Supply Chain Challenges Persist – bbg
Toyota’s Q3 Profit Jumps 22% as Weak Yen Helps – Reuters
Asian Stocks Draw Massive Foreign Inflows on Softer Dollar, Growth Optimism – Reuters
Top China Economist Sees Possible Interest Rate Cut Next Quarter – bbg

Asia Stocks Face Declines as Wall Street Sells Off: Markets Wrap – bbg

 

Wednesday 02/08

Business Live – guardian
Fed Officials Keep Up Calls for Further Interest-Rate Increases – bbg

Coinbase CEO Armstrong Decries Rumors of Possible US SEC Ban on Crypto Staking – bbg
Robinhood Plans Buyback of Sam Bankman-Fried’s Contested Stock – bbg
2023 Layoffs: Disney To Cut 7,000 – forbes
Disney Stock Soars On Job Cuts, Cost Savings After Disappointing Streaming Subs – Zerohedge
Disney to cut 7,000 jobs as Bob Iger seeks US$5.5B in savings – bbg
Disney beats expectations as streaming subscriber losses aren’t as bad as feared – cnbc
Mattel Forecasts 2023 Profit Below Estimates as Inflation Hits Demand – Reuters
Stocks dip as traders cherry pick hawkish Fed Speak – Newsquawk US Market Wrap
Stocks Slammed As Rate-Hike Odds Rise, Google Gags – Zerohedge
Wall St Falls After Recent Strong Gains, Alphabet Shares Sink – Reuters
S&P 500 closes 1% lower, Nasdaq sheds 1.7% on Wednesday amid corporate profit worries – cnbc
U.S. Recession Still Likely Despite Resilient Economic Data – PIMCO – Reuters
Peter Schiff: Inflation Is Going To Get Much Worse – Zerohedge
Hesai Raises $190 Million in Biggest Chinese US IPO Since Didi – bbg
Big Short in Stocks Is Almost Over After $300 Billion Unwind – bbg
Fed’s Cook Says More Rate Hikes Needed to Curb Inflation – bbg
Fed’s Kashkari Says Hot Labor Market Signals More Hikes Needed – bbg
Fed’s Waller Sees No Sign of ‘Quick’ Decline in Inflation – Reuters
Fed Governor Christopher Waller warns that interest rates could go higher than expectations – cnbc
Fed’s Waller Says May Need Rates Higher For Longer Than Some See – bbg
Stocks making the biggest moves midday: CVS, Fortinet, Lumen Technologies, Alphabet & more – cnbc
Market Mania for Everything AI Faces China, Google Reality Check – bbg
All you need to know about ChatGPT, the A.I. chatbot that’s got the world talking and tech giants clashing – cnbc
Which Sectors Are Working With OpenAI? – Zerohedge
Alphabet Shares Dive After Google AI Chatbot Bard Flubs Answer in Ad – Reuters
Alphabet Loses Over $110 Billion Market Cap After AI ChatBot ‘Glitch’ – Zerohedge
Alphabet shares fall 7% following Google’s A.I. event – cnbc
Alphabet Falls Most in Three Months on Bard Accuracy Concerns – bbg
Bayer Picks Outsider Anderson as CEO After Investor Pressure – Reuters
Microsoft-Activision Deal Odds Dwindle as UK Watchdog Takes Aim – bbg
EUR/USD: Fed’s “higher for longer” interest rate to drag the pair down – Rabobank – fxstreet
Morgan Stanley’s Shalett Sees ‘Massive Disconnects’ in Stocks – bbg

Marketmind: Powell Confesses ‘This Time It’s Different’ – Reuters


US PREMARKET
Futures Dip On Profit Taking After Post-Powell Delta Squeeze – Zerohedge
Fed’s Williams: Financial Conditions Seem Broadly Consistent With the Fed’s Outlook on Policy – Reuters
Fed’s Williams Says Peak Rate Forecasts Still ‘Very Reasonable’ – bbg

Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more – cnbc
Under Armour Boosts Profit Forecast as Discounts Spur Demand – Reuters
Under Armour Says More Discounting in Store for Sports Apparel – bbg
Uber Focuses on 2023 Profits as Pandemic Pain Eases – Reuters
CVS Health Beats Quarterly Profit Estimates on Lower Medical Costs – Reuters
Microsoft’s $69 Billion Activision Deal Could Harm UK Gamers, Watchdog Finds – bbg
Nasdaq’s 2023 ‘Junk Rally’ Flies in the Face of Risky Backdrop – bbg
Adyen Plunges 15% After Margin Miss Amid Continued Hiring Push – bbg
Tesla Delivers 66,051 China-Made Vehicles In January, Up 18.4% From December – Zerohedge
World’s Largest Container Shipper Warns Of Demand Slowdown Amid “Significant Inventory Adjustment” – Zerohedge
Maersk Warns Lower Container Volumes to Hit 2023 Profits – Reuters
Maersk Sees Global Trade Contracting as Much as 2.5% in 2023 – bbg
SocGen reports 64% slide in annual profits but beats market expectations – cnbc
SocGen Misses Own Payout Pledge in CEO Oudea’s Final Year – bbg
TotalEnergies Net Profits Double to Record $36.2 Billion in 2022 – Reuters
TotalEnergies Hikes Dividend, Buybacks on Record 2022 Profit – bbg
European stocks higher after Fed Chair Powell’s comments – cnbc

Marketmind: the Powell Put – Reuters

Asia-Pacific markets mixed as Fed says inflation is on the decline – cnbc
Asian Shares Rise, Dollar Wobbles After ‘Dovish’ Powell Comments – Reuters
Four Charts Show China Reopening Trade to Resume After Pause – bbg
China’s $1.2 Trillion Savings Glut In Focus For Recovery – Zerohedge
Fitch Raises China’s Growth Forecast to 5% for 2023 – Reuters
China’s economy will grow 5% this year, Fitch Ratings says in upgraded forecast – cnbc
Tencent Plans ‘Valorant’ Gaming League in Post-Crackdown Revival – bbg
Japan PM to Ratchet Up Wage Hike Push With Business, Labor Talks – bbg
Japanese Sell Record Amount of Foreign Bonds as Hedge Costs Rise – bbg
China’s Oil Market Makes Comeback on Covid Zero Exit and Exports – bbg

Asia Stocks Face Mixed Open After US Shares Rally: Markets Wrap – bbg

Tuesday 02/07

Business Live – guardian

Volkswagen Misses Full-Year Cash Target After Supply Chain Woes – bbg
Volkswagen Earnings Meet Forecast, Inventory Weighs on Net Cash Flow – Reuters
Markets dance to the sound of Powell – Newsquawk US Market Wrap
Wall Street Rises as Investors Digest Powell Comments – Reuters
Jay’s Jawboning Jolts Bonds, Triggers ‘Golden Crosses’ In Stocks & Bitcoin – Zerohedge
Dow finishes more than 250 points higher, Nasdaq climbs 1.9% after Fed Chair Powell says inflation is declining – cnbc
Used-Car Prices See Largest Monthly Increase Since Late 2021 – Zerohedge
Quant Funds Shed Billions as Wall Street’s Hottest Trends Falter – bbg
US Consumers Hit A Brick Wall: December Credit Growth Craters As Interest Rates Soar – Zerohedge
Microsoft CEO Nadella calls AI-powered search biggest thing for company since cloud 15 years ago – cnbc
Microsoft Unveils Bing Search Engine Using OpenAI Technology – bbg
Goldman Sees Households Burning Through A Majority Of Pandemic Savings By End Of Year – Zerohedge
Zoom Video to Cut 1,300 Jobs, or 15% of Global Workforce – bbg
Stocks making the biggest moves midday: Chegg, Hertz and Oak Street Health – cnbc
Euro Extends Decline Against G-10 in Fastest Slide Since October – bbg
Key Takeaways From Powell’s Interview With Rubenstein – bbg
Instant View: Stocks Climb, Dollar and U.S. Treasury Yields Fall as Powell Speaks – Reuters
Powell: A ‘Couple of Years’ Before Fed Nears End of Balance Sheet Decline – Reuters
Powell Says Further Rate Hikes Needed Amid ‘Strong’ Labor Market – bbg
Fed’s Powell Says Job Strength Shows Inflation Fight May Last ‘Quite a Bit of Time’ – Reuters
Fed Chair Powell says inflation is starting to ease, but interest rates still likely to rise – CNBC
Explainer-Bard Vs ChatGPT: What Do We Know About Google’s AI Chatbot? – Reuters
France’s Underlying Inflation Problem Is Becoming Stubborn – bbg
Retail Investors Flock to Small-Cap AI Firms as Big Tech Battles for Share – Reuters
Fed’s Kashkari Says Strong Jobs Data Show Need for More Hikes – bbg

Marketmind: Powell’s State of the Union – Reuters

US PREMARKET
Main Street’s Brokers Earn Big Revenues in Retail-Options Boom – bbg
Royal Caribbean Rides ‘Wave’ to Record Bookings After Smaller Loss – Reuters
ECB Survey Shows Rising Inflation Expectations Despite Energy Price Falls – Reuters
Emerging Market Funds See Big Inflows in January on China Reopening – Reuters
Factbox-U.S. Stock Buybacks So Far in 2023: Big Money, Fewer Companies – Reuters
Bonds Tumble as Central Bankers Hammer Home Hawkish Message – bbg
Futures Rise Ahead Of Key Powell Speech – Zerohedge
JPMorgan’s Kolanovic Calls Latest Stock Rally a Bear-Market Trap – bbg
Gas Giant Linde to Invest $7-$9 Billion Over 2-3 Years in Clean Energy – Reuters
Carlsberg Warns Price Hikes May Hit Beer Sales in 2023 – Reuters
Siemens Energy: EU Green Deal Lacks Details on Implementation – Reuters
BP Makes Record Profit in 2022, Boosts Oil Spending – Reuters
Oil Extends Gain as Saudi Arabia Bets on Demand Rebound in Asia – bbg
European markets head for positive open but global sentiment remains choppy – cnbc

Asia markets mixed as Australia raises interest rates; Baidu jumps on AI chatbot project – cnbc
SoftBank Vision Fund Loses $5 Billion as Tech Slump Persists – bbg
Chatbot Frenzy Drives Baidu’s Stock Rally to Extreme Levels – bbg
Baidu Surges After Prepping ChatGPT-Style ‘Ernie’ Bot for March – bbg
Australia Raises Key Rate to 10-Year High, Signals Hawkish Bias – bbg
Japan’s Wages Jump by Biggest Margin in Almost 26 Years – bbg

Asia Stocks Look to Open Steady as Powell in Focus: Markets Wrap – bbg


Monday 02/06

Business Live – guardian

Bed Bath & Beyond Plans Share Sale in Bid to Avoid Bankruptcy – bbg
Spirit Airlines Beats Estimates on Strong Travel Demand – Reuters
Activision Blizzard Bookings Beat Estimates on Call of Duty – bbg
Pinterest Falls After Revenue Misses Analysts’ Estimates – bbg
Pinterest shares plunge on weak fourth-quarter revenue – cnbc
Dollar and yield surge continues post-NFP as hawkish Fed repricing hits stocks – Newsquawk US Market Wrap – Zerohedge
Massive Hawkish Reversal In Rate-Hike Odds Sparks Greenback Gains, Bond Bloodbath – Zerohedge
Wall St Edges Lower as Fed Fears Mount – Reuters
Stocks close lower Monday as higher rates rattle investors – cnbc
Fed May Need to Push Rates Higher, Bostic Tells Bloomberg – Reuters
Fed’s Bostic Says Higher Peak Rate on Table After Jobs Blowout – bbg
Bond Traders Quickly Come Around to Fed’s View on Peak for Rates – bbg
JPMorgan Sees ETF Market Doubling to $15 Trillion in Five Years – bbg
BOE Officials Say Brexit Is Fueling Inflation, Driving Up Rates – bbg
Stocks making the biggest moves midday: Dell, On Semiconductor, PayPal, Catalent & more – cnbc
Binance Plans to Suspend US Dollar Transfers Using Bank Accounts – bbg
Google announces Bard A.I. in response to ChatGPT – cnbc
Hedge Fund Verde Says It Was Victim of Brazil’s ‘Biggest Fraud Ever’ – bbg
U.S. Financial Conditions May Tighten Further: SF Fed Paper – Reuters
AI Frenzy Leaves Traders Flush, Long-Term Investors in the Hole – bbg
AI Stocks Rally in Latest Wall Street Craze Sparked by ChatGPT – Reuters
These Are OpenAI’s Strongest Competitors Right Now – bbg
Why tech giants are scared of releasing their ChatGPT rivals – independent
Maker of $555,000 Flying Motorbike Sinks After SPAC-Deal Debut – bbg
As Panicked Hedge Funds Covered Tech Shorts At A Record Pace, They Were Piling New Shorts In This Sector – Zerohedge
Hedge Funds Caught in Bigger Squeeze Than 2021 Meme Stock Frenzy – Goldman Sachs Note – Reuters

US PREMARKET
Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children’s Place and more – cnbc
And Now Food Deflation? US Food Giant Tyson Tumbles On Falling Beef, Chicken Prices, Sliding Pork Demand – Zerohedge
Tyson Shares Slump With Falling Meat Prices Hitting Profits – bbg
Goldman Hikes 3 Month S&P Target By 400 Points To 4,000 As Chief Economist Slashes Recession Odds – Zerohedge
Goldman Cuts US Recession Odds to 25% on Jobs, Business Outlook – bbg
Goldman Strategists See US Stock Rally Fizzling Amid Growth Risk – bbg
Futures, Global Stocks Slide, Dollar Jumps On Rising US-China Tensions, Fed Outlook – Zerohedge
World’s Biggest Public Hedge Fund Bets on Emerging-Markets Rout – bbg
OPEC Chief Sees More Upbeat Outlook With China Reopening – bbg
Global Gold-Miner Consolidation Accelerates: Newmont Bids For Newcrest – Zerohedge
Newmont’s $17 Billion Newcrest Deal Unlikely to Get Challenged – bbg
Australian Gold Miner Newcrest Gets Takeover Offer From Newmont – bbg
Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns – Zerohedge
Dell Cuts 6,650 Jobs Due To “Challenging Global Economic Environment” – Zerohedge
Dell to Cut About 6,650 Jobs, Battered by Plunging PC Sales – bbg
Swedish Krona Falls to Lowest Against Euro Since 2009 – bbg
German Industrial Orders Beat Expectations in December – Reuters
German Factory Orders Rise More Than Hoped Amid Growing Optimism – bbg
European markets open lower as investors gauge economic outlook – cnbc

Marketmind: Bursting Bubbles – Reuters
Marketmind: Hot Air – Reuters

ASIA NEWS
Asia markets close mostly lower as U.S. jobs report show room for more hikes; Adani saga continues – cnbc
Rising Oil Demand in China is No Dead-Cat Bounce, Says Kuwait – bbg
Factbox: Key Dates to Watch Out for on BOJ Policy, Leadership Change – Reuters

Traders Face Geopolitical, Jobs Hurdles; Yen Drops: Markets Wrap – bbg
Week Ahead: RBA and RBI Meetings; U.S. State of Union; Fed, BOE and ECB Speakers; U.S. CPI New Methodology; German CPI – CB
Disney+ Subscriber Loss, Activision-Microsoft Deal, PayPal Job Cuts: US Earnings to Watch – bbg
EMEA Earnings Week Ahead: Big Oil’s Windfall Dilemma – bbg
Rally in focus, Powell speaks, more earnings pour in: What to know this week – YAHOOFINANCE

Key Events This Week: UMich, Inflation Expectations And All Ears On Powell Tomorrow – Zerohedge