The Finimize Daily Brief. Get everything you need to know about the day's biggest financial stories and trends, in five minutes or less, plus a regular Q+A with our world-class team of analysts.
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Goldman Sachs says you should buy the gold dip, while Morgan Stanley’s predicting a strong 2025 for the S&P 500. Today’s stories: Goldman Thinks Gold’s On The Up, Even After Its Lackluster Performance Lately Morgan Stanley Has A Surprisingly Sunny Forecast For US Stocks Next Year Try Finimize Premium…
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Warren Buffett ordered up Domino’s Pizza and dumped some Ulta Beauty, while retail sales in China posted their biggest yearly jump in eight months. Today’s stories: Warren Buffett’s Berkshire Hathaway Bought Itself A Slice Of Domino’s Looks Like China’s Been Shopping, With Retail Sales Finally Picking Up Try Finimize Premium…
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ASML delivered an optimistic outlook, boosted by strong AI demand, while the International Energy Agency predicted an oil glut next year. Today’s stories: The Chips Are Most Definitely Up, At Least According To ASML The IEA Just Released A Crude Estimate For Oil Next Year Try Finimize PremiumFinimize által
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US inflation picked up slightly last month, but at least Americans’ earnings kept up, while Klarna – the Swedish "buy now, pay later" maven – has submitted its hotly awaited US IPO filing. Today’s stories: US Inflation Heated Up Last Month, But Americans’ Earnings Did Too Swedish "Buy Now, Pay Later" Firm Klarna Finally Filed For A US IPO Try Finim…
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Home Depot didn’t just nail its latest quarter, it made an improvement on its outlook for the year, while Bank of America said professional investors are more ga-ga over US stocks than they’ve been in over a decade. Today’s stories: Home Depot Did A Good Job, Beating Expectations And Lifting Its Outlook Professional Investors Have Been Putting Amer…
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Bitcoin Surged Past $80,000 For The First Time, And China’s Trade Surplus Is On Track To Hit A Fresh Record
5:04
Bitcoin’s rally pushed it past the $80,000 mark for the first time ever, and traders are betting it’s still got room to run, while China’s dishing out way more goods than it’s importing, which will likely spark fresh trade tensions with its partners. Today’s stories: Bitcoin Went To The Moon, Flying Past The $80,000 Mark For The First Time China’s …
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Defense And Energy Companies Are Preparing For Growth, And China Announced A $1.4 Trillion Spending Boost
5:30
Defense and energy companies are preparing for growth, with new US policies expected to work in their favor, while China announced a $1.4 trillion spending boost – but investors weren’t impressed. Today’s stories: Defense And Energy Sectors Are Gearing Up For A Growth Spurt After The Election China Announced A Boost For Local Governments To Pump Up…
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The Fed And The Bank of England Both Cut Interest Rates, While Investors Upped Their Bets On Higher-Risk Assets
5:17
Interest rate cuts landed at the same time from the Federal Reserve and Bank of England, while investors upped their bets on risky assets following the US presidential election. Today’s stories: The Federal Reserve And The Bank Of England Trimmed Interest Rates In Unison Investors Have Been Upping Their Bets On Higher-Risk Assets Since The Election…
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Markets Are Responding To Fading Election Uncertainty, And Sales Of Novo Nordisk’s Weight-Loss Drugs Boomed
5:08
Stocks and crypto surged as US election uncertainty faded away, while Novo Nordisk’s weight-loss drugs helped its bottom line in the third quarter. Today’s stories: Markets Are Responding To The US Election, With Stocks And Crypto Surging Novo Nordisk Is Living In The Fast Lane, As Sales Of Its Weight-Loss Drugs Boom Try Finimize Premium…
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Saudi Aramco’s earnings were on the slide, but shareholders still got their money from a hefty dividend, while foreign investors said goodbye to India’s stocks as the country’s economy cooled. Today’s stories: Saudi Aramco’s Earnings Might’ve Slipped, But The Firm’s Giant Dividend Sure Didn’t Foreign Investors Have Been Pulling Out Of Indian Stocks…
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Warren Buffett swapped Apple stock for cash and paused Berkshire Hathaway’s buybacks, while Nvidia got ready to join the Dow Jones Industrial Average – and Intel got ready to leave it. Today’s stories: Warren Buffett Upset The Apple Cart As Berkshire Hathaway Pared Its Holdings The Dow Is Shaking Things Up, Which Is Good News For Nvidia – But Not F…
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The US job market had a rough month with hurricanes and labor strikes taking a toll, while energy stocks had a small renaissance – but it's nuclear that’s really in vogue. Today’s stories: US Job Growth Slumped To Four-Year Low, But That May Not Be As Bad As It Seems There Might Be Life To Fossils Yet, With Exxon And Chevron’s Latest Results Try Fi…
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Amazon and Apple both topped expectations, but Apple took a sour $10.2 billion tax hit, while high gold prices didn’t deter everyone, so global demand just hit an all-time high. Today’s stories: Looks Like Amazon And Apple Are Plenty Magnificent All On Their Own Global Gold Demand Just Hit An All-Time High, Crossing The $100 Billion Mark Try Finimi…
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Meta and Microsoft served up wins on sales and profits, while Britain went big as it announced plans to hike taxes and borrowing to increase economic growth. Today’s stories: Meta And Microsoft’s Latest Results Proved That They’ve Still Got The Chops The UK Government Just Announced Its Biggest Tax Hikes Since The ‘90s Try Finimize Premium…
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Alphabet Posted Strong Third-Quarter Results, But McDonald’s Update Wasn’t Quite A “Happy” Meal
5:10
Alphabet got all “A”s in its latest results, beating expectations in cloud and advertising, while McDonald’s quarterly update wasn’t an altogether “happy” meal. Today’s stories: Alphabet Came In Strong, With A Better-Than-Expected Quarterly Report Card McDonald's Update Wasn’t Perfect, But Investors Gobbled It Up Anyway Try Finimize Premium…
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Companies In The S&P 500 Have Been Falling Short Of Analyst Estimates, And Oil Prices Slumped
5:52
Companies in the S&P 500 haven’t had much luck, with more of them falling short of analyst estimates, while oil prices slumped after an anticipated attack on Iran spared the country’s energy infrastructure. Today’s stories: S&P 500 Companies Have Been Missing The Bar Somewhat This Earnings Season Oil Prices Just Slipped, Posting The Biggest One-Day…
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Colgate’s Solid Earnings Weren’t Enough To Make Investors Smile, And Germany’s Business Morale Lightened Up
5:30
Colgate’s latest earnings were pearly, but investors weren’t flashing any smiles, while Germany’s business morale lightened up after a sour few months. Today’s stories: Colgate’s Feeling The Squeeze, Despite Delivering Some Sparkly White Earnings Looks Like Germany’s On Firmer Ground, With Its Business Outlook Brightening Up Try Finimize Premium…
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Hermès Made A Statement With Its Latest Results, And Ozempic Was Linked To A Lower Risk Of Alzheimer’s
5:25
Hermès made a splashy statement with its latest results, outshining its luxury rivals, while Novo Nordisk’s popular weight-loss drug has been linked to a lowered risk of Alzheimer’s. Today’s stories: Hermès Came Out On Top With Its Latest Results, Leaving Luxury Rivals In The Dust Novo Nordisk's Ozempic Drug Might Work Wonders For Mind As Well As B…
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Goldman Sachs isn’t feeling India right now, pulling back amid weaker growth and earnings disappointments, while BlackRock’s charging into the AI boom with two new ETFs designed to harness the technology's explosive potential. Today’s stories: Goldman Sachs Just Hit The Brakes On India’s Stocks BlackRock’s Diving Into AI With Two New Actively Manag…
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General Motors’ third-quarter results zoomed past investors’ expectations, while SAP boosted its annual earnings forecast thanks to rising cloud revenue. Today’s stories: General Motors Beat Expectations, And Investors Revved Up Its Stock Software Giant SAP’s Shares Hit An All-Time High After An Optimistic Forecast Try Finimize Premium…
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Perplexity Is Looking To Raise Funds At An $8 Billion Valuation, And China Cut Its Interest Rates
5:47
No one seemed too confused about AI startup Perplexity, as excited investors pushed its potential valuation to $8 billion, while China cut its interest rates – hoping to give the economy a much-needed boost. Today’s stories: AI Startup Perplexity Is Looking To Raise Funds At An $8 Billion Valuation The People's Bank Of China Got The Scissors Out An…
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Gold reached an all-time high – in a surefire hint that investors are more anxious than they seem – while China’s economy gave off mixed vibes, prompting the government to roll out fresh stimulus. Today’s stories: The Price Of A Bar Of Gold Hit A New All-Time High China Just Barely Beat Growth Forecasts, But The Country’s Still Up Against It Try Fi…
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The European Central Bank cut eurozone interest rates for the third time this year, while alternative asset manager Blackstone gained mainstream appeal last quarter. Today’s stories: The ECB Trimmed Interest Rates Again, To Probably Nobody’s Surprise Blackstone Reported The Biggest Stash Ever Of Assets Under Its Management Try Finimize Premium…
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Global Stocks Slipped After Updates From LVMH And ASML, And Overseas Investors Have Been Selling India’s Stocks
5:11
Two European heavyweights punched a hole in market sentiment, while global investors said “goodbye” to India and “hello again” to China. Today’s stories: Global Stocks Slipped As Both LVMH And ASML Fell On Tough Times Looks Like India’s Stock Market Is Losing The Popularity Contest With China Try Finimize Premium…
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Three Big Banks Beat Profit Expectations, And The IMF Reported That Government Debt Is Growing
5:06
Three big banks outscored analyst estimates with their third-quarter results, while government debt is on the up and likely to saddle countries with tough decisions. Today’s stories: Three Big Wall Street Banks Reported Profit That Swished Past Expectations The IMF Just Dropped Some Heavy News About Public Debt Try Finimize Premium…
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China Announced A Stimulus Plan But Left Out The Details, And A Drought In Vietnam Is Impacting Coffee Growers
5:02
China announced a spendy stimulus plan, but skimped on the details, while drought conditions in Vietnam have created a major headache for the country’s coffee growers. Today’s stories: China’s Making A Play To Boost Its Economy But Keeping Quiet On The Details A Drought In Vietnam Is Putting The Heat On Robusta Coffee Prices Try Finimize Premium…
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JPMorgan Chase kicked off banks’ earning season in style, and BlackRock – the world’s biggest investment manager – announced a record-breaking third quarter. Today’s stories: JPMorgan Chase Is King Of The Hill Right Now, With Its Expectation-Beating Results BlackRock’s Strong Earnings Laid The Proverbial Smackdown On Investors’ Expectations Try Fin…
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US inflation in September came in ahead of expectations, potentially forcing the central bank’s hand, while Delta Air Lines predicted a profitable fourth quarter thanks to holiday season bookings. Today’s stories: US Inflation Nudged Higher In September, Coming In Above Expectations Delta’s Looking Forward To The Gift Of Higher Profit This Holiday …
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Rio Tinto agreed a $7 billion deal to buy Arcadium, eager to become a big player in the lithium market, and chipmaker TSMC smashed through revenue expectations, spurred on by rampant AI demand. Today’s stories: Mining Giant Rio Tinto Announced That It’s Acquiring Arcadium Lithium TSMC Posted Dazzling Revenue, Beating Analyst Estimates And Its Own F…
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Chinese investors returned from their holiday week and ruined the stock market’s party, while PepsiCo announced a weaker-than-expected third-quarter update. Today’s stories: China's Stock Market Started Strong, But The Post-Holiday Blues Came Quickly Pepsi’s Latest Results Landed Flat, Leaving Investors With A Bad Taste Try Finimize Premium…
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UK house prices rose for the third month in a row, while Tokyo Metro is headed for Japan’s biggest initial public offering since SoftBank. Today’s stories: UK House Prices Turned Up, Rising In September For The Third Month In A Row Subway Operator Tokyo Metro Is On Track For Japan’s Biggest IPO Since 2018 Try Finimize Premium…
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The US added more jobs than expected, setting the stage for stocks to rise, while the European Union voted to impose import taxes on Chinese electric vehicles. Today’s stories: America Added Far More Jobs Than Predicted, And Investors Sent US Stocks Up The EU Voted For Import Taxes On Chinese EVs To Try And Pull Back Some Ground Try Finimize Premiu…
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OpenAI made history with its $6.6 billion funding round, while Tesco – the UK’s top supermarket – showed resilience despite a tough environment. Today’s stories: OpenAI Raised $6.6 Billion In One Of The Biggest-Ever Venture Capital Funding Rounds Grocer Tesco Lifted Its Profit Forecast For The Year After A Fresh And Tasty First Half Try Finimize Pr…
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Investors Are Forecasting S&P 500 Companies Will Pump Up Their Profits, And Tesla Delivered Fewer Vehicles Than Expected
5:09
This earnings season, investors are forecasting S&P 500 companies will deliver profit growth for the fifth consecutive quarter, while Tesla announced a weaker-than-expected quarterly update. Today’s stories: Investors Are Expecting A Good Showing From S&P 500 Companies This Earnings Season Tesla Delivered Fewer Cars Than Expected, And Investors Hit…
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Increases in oil production could lead to prices falling, according to HSBC, while European inflation eased – setting the stage for interest rate cuts this month. Today’s stories: HSBC Lowered Its Oil Price Forecasts, As Producers Plan To Turn Up The Pumps Eurozone Inflation Came In Below The ECB’s Target For The First Time Since 2021 Try Finimize …
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Chinese stocks continued to rally thanks to government intervention, while “merger Monday” this week had its share of blockbusting winners and (hashtag) losers. Today’s stories: Chinese Stocks Just Had Their Best Week Since 2008 DirecTV And EchoStar Are Teaming Up For A Big Merger On The Small Screen Try Finimize Premium…
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Investors have pushed a record $6.8 trillion into US money market funds, while Japan’s surprise leadership result sent a shock through the country's stock market. Today’s stories: Money Market Funds Hit Record Levels, With Investors Plowing In Cash The Election Of A New Ruling Party Leader In Japan Shocked Markets Try Finimize Premium…
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OpenAI started pushing to become a for-profit company, and key execs left the building the very same day, while China’s stock market rally continued – thanks to the country’s announcement of support for its struggling property market. Today’s stories: OpenAI Started Pushing To Become For-Profit, And A Number Of Its Top Execs Quit China’s Stocks Jum…
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Consultancy firm Bain predicted that the global AI market could reach $1 trillion by 2027, while design platform Canva has drawn up plans for an initial public offering. Today’s stories: The Global AI Market Could Hit $1 Trillion By As Soon As 2027 Design Platform Canva Is Drawing A Buzz With Plans To List On The Stock Market Try Finimize Premium…
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China’s Stocks Rallied On News Of Financial Support, And The US Election Could Threaten The Country’s Climate Plans
5:04
News of financial support brought about China’s biggest stock rally in over four years, while the US green agenda has been circling the drain – and November’s elections could pull it under completely. Today’s stories: China Announced Measures To Pump Up Its Property Sector And Stock Market US Climate Plans Are Already Delayed, And The Election Coul…
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Qualcomm’s Considering A Friendly Takeover Of Intel, And The Eurozone’s Private Sector Shrank
5:06
Qualcomm sidled up to Intel in what could become the tech industry’s biggest-ever takeover, while the eurozone’s private sector dropped off by more than expected – dashing hopes of a recovery across the region. Today’s stories: Qualcomm Had A Friendly Chat With Intel About A Potential Takeover The Eurozone’s Private Sector Shrank In September As Gl…
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Three Big US Money Managers Have Been Snubbing ESG, And The UK’s National Debt Is Now The Size Of Its Economy
5:37
The biggest US money managers pared back their approvals for ESG proposals, while the UK’s national debt added up to 100% of the country’s economic output for the first time in over six decades. Today’s stories: The Three Biggest US Money Managers Have Been Snubbing ESG Proposals The UK’s National Debt Is The Same Size As Its Economy For The First …
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Demand For Expensive Swiss Watches Ticked Up, And India Overtook China In A Big Stock Market Index
5:01
Demand for the most expensive Swiss watches picked up while “cheaper” timepieces fell behind, and India’s runaway stock market just propelled the country past China in a major benchmark index. Today’s stories: Demand For Expensive Swiss Watches Ticked Up, But Shoppers Are Still Divided India Just Overtook China In One Of The World’s Biggest Stock M…
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BlackRock, Microsoft, And MGX Are Launching A New AI Fund, And UK Inflation Held Steady Last Month
5:19
Three big-name firms teamed up to build a fund focused on AI investments, and they’re set on raising $30 billion, while UK inflation stayed slightly above the Bank of England’s 2% target in August. Today’s stories: BlackRock, Microsoft, And MGX Are Teaming Up On An AI Infrastructure Fund UK Inflation Held Still And Steady Last Month, Just As Econ…
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Intel announced major cost cuts and restructuring plans, while US retail sales defied pessimistic predictions by picking up in August. Today’s stories: After A Sharp Stock Sell-Off, Intel’s Planning To Separate Its Manufacturing Business US Retail Sales Came In Strong, Suggesting The Economy’s Holding Its Own Try Finimize Premium…
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More Americans Have Been Defaulting On Their Debts, And BHP Warned That AI Will Exacerbate A Copper Shortage
5:08
Americans have fallen behind on car and credit payments, scaring investors away from consumer lending stocks, while the world’s biggest mining firm predicted that the AI sector’s exponential expansion could aggravate an expected copper shortage. Today’s stories: More And More Americans Have Been Defaulting On Their Debts BHP Raised The Copper Flag,…
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UniCredit Revealed A 9% Stake In Commerzbank, And China Agreed To Increase Its Retirement Age
4:59
UniCredit built up a stake in German rival Commerzbank, and the Italian bank has a merger on the mind, while China agreed to increase its retirement age for the first time in over four decades. Today’s stories: UniCredit’s Been Building A Stake In Commerzbank, With Some Kind Of Union In Mind China’s Set To Bump Up Its Retirement Age For The First T…
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OpenAI’s valuation is set to hit $150 billion, with tech giants said to be ready to line its coffers, while the European Central Bank cut interest rates to 3.5%. Today’s stories: OpenAI Is Fundraising Again, At A Shiny New $150 Billion Valuation The European Central Bank Cut Interest Rates For The Second Time This Year Try Finimize Premium…
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US inflation cooled by slightly more than expected in August, while a popular type of ETF just launched in Europe for the first time. Today’s stories: The Latest US Inflation Reading Showed The Lowest Level Since 2021 A Popular Type Of ETF Just Launched In Europe – To Investors’ Delight Try Finimize Premium…
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Big Tech's been hogging the AI opportunities, leaving VC firms in limbo, while fresh data suggested that China’s headed toward a period of deflation. Today’s stories: Big Tech’s Been Dominating Private Markets, Leaving VC Firms Out In The Cold Looks Like China’s On The Precipice Of Economy-Sinking Deflation Try Finimize Premium…
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