- Exec Sum
- Archive
- Page 55
Archive
To Bear or Not To Bear
US stocks flirted with bear market territory on Friday, Amazon is cutting back on warehouse leases, JM Smucker recalled some peanut butter, the US is airlifting baby formula from Europe, Biden signed the Ukraine aid package, and Apple wants to boost production outside of China.
Citadel Might Leave Chicago
Ken Griffin is tired of Chicago crime, Goldman and JPM strategists think recession fears are overblown, Spirit wants shareholders to reject JetBlue's bid, more subprime borrowers are missing payments, Twitter wants to limit misinformation, and the Fed is sticking to its interest rate plan.
Musk vs Twitter Bots
Musk says Twitter has too many bots, Goldman Sachs is giving senior staff "unlimited vacation", Mastercard is testing facial-recognition, Disney revealed an ad-supported version of Disney+, Nestlé is shipping more baby formula to the US, and homebuilder sentiment has fallen to a two-year low.
Buffett Bought the Dip
Berkshire Hathaway has been deploying cash left and right, McDonald's is leaving Russia, Canadian home prices dropped for the first time in two years, NYC Covid cases are rising, China's economy is grinding to a halt, and JetBlue made a hostile cash offer for Spirit Airlines.