- Exec Sum
- Archive
- Page 27
Archive
Bullish on India
Wall Street is ditching China for India, Meta has figured out how to sell the Metaverse, the Senate released its bipartisan Israel/Ukraine/border security proposal, tech layoffs contineu, Dartmouth is reinstating SAT requirements, and Bill Gross is betting on a steeper yield curve.
2026 World Cup Live from New Jersey
Apple’s Vision Pro is the hottest new consumer tech item on the market, Powell said the Fed is wary of cutting rates too soon, Big Tech stocks are looking pricy, Macy’s CEO is looking to revive the 166-year-old brand, Facebook turned 20, and the World Cup final will be held at MetLife Stadium.
Zuck's Big Bounceback
Tim Cook teased Apple AI announcement later this year, Musk wants to move Tesla’a incorporation from Delaware to Texas, Apple’s China slump is deepening, JPM says to exit five-year Treasury bets, Japanese retail investors are piling billions into Indian equities, and Nvidia’s CEO is bullish on nations wanted their own AI systems.
No Rate Cuts (Yet)
Jerome Powell said a March rate cut is not likely, Musk and Tesla’s board will have to start from scratch on a pay deal, Barry Sternlicht sees a $1T loss in the office market, Boeing is being sued by shareholders, remote workers and middle managers are first in line to be fired, and Brazil’s central bank cut rates.
Regulators Hate Vacuum Monopolies
Amazon abandoned its Roomba acquisition due to regulatory issues, Senator Warren wants J Pow to cut rates, Musk’s Neuralink just completed its first brain tech implant, Tencent says its gaming business is under threat, Ark is buying Tesla stock, and Toyota was the world’s best-selling automaker in 2023.
All Eyes on Big Tech Earnings
All eyes are on big tech earnings this week, plummeting inflation has the Fed watching out for rising real interest rates, Meta is welcoming a headset war with Apple, Argentina’s president says he’s delivering on his free-market revolution, and United’s CEO kickstarted talks with Airbus amid Boeing delays.
Microsoft's Gaming Cuts
The US GDP grew by 3.3% last quarter, Jamie Dimon is shaking up JPM’s leadership team, Tesla erased $80B in market cap after Musk’s sales warning, Microsoft cut 1,900 jobs in gaming, China may have more stimulus coming, and Aramco is searching for deals in Asia.
SPACs Under Scrutiny
The SEC is cracking down on SPAC sponsors, the S&P hit another record-high close, Tesla is projecting slower growth in 2024, Bank of Canada is expected to hold rates steady, the FAA halted Boeing 737 Max production expansion, HPE was hacked by the same Russian group who hacked Microsoft, and Chipotle wants to bring in new workers for burrito season.
Netflix's Big Wrestling Bet
Magnificent Seven stocks are hot again, Apple dialed back its driverless car ambitions, Netflix acquired WWE’s rights, Trump beat Haley in New Hampshire, Chinese property developers are resorting to bizarre marketing tactics, and airlines are souring on Boeing.
Dow 38,000
The Dow hit 38,000, China is weighing a massive stock market rescue package, the EU is upgrading its economic security, US debt hit a record high, Facebook has made a major change after years of PR disasters, humans are still cheaper than AI for most jobs, and Canada is capping international student permits.
Meta Nears $1 Trillion
Risky companies have access to cheap debt, Meta’s stock price hit an all-time high, Terraform Labs filed for bankruptcy protection, Europe is navigating a post-energy crisis world, ocean shipping rates are surging, and Ron DeSantis ended his 2024 presidential campaign.