Daily Brief

Business & Finance

30 episodesAugust 20

Episodes

Treasury doubles long-bond buybacks as 30-year yield hits 19-year high, Moderna surges 177% on historic Phase 3 cancer vaccine win, Alibaba profit plunges 75% as AI spending overwhelms earnings
August 20
Nasdaq drops 1.3% as semiconductors lead broad selloff, Asian markets lose $700B in tech value, Japanese companies post record profits with 71% earnings beat rate, Nvidia earnings due August 26 with analysts expecting strong results
August 19
Klarna beats Q2 but cuts full-year guidance, stock drops 18%, Treasury 10-year yield hits 4.75% 19-month high, Etched AI raises $700M at $21B valuation led by Jane Street
August 18
Shein IPO targets $25-28B valuation amid trade-war losses, private equity sits on 33,000 unsold companies as buyout returns lag public markets, Jamie Dimon warns UK chancellor against bank tax hikes
August 17
SpaceX finalizes $60B Cursor AI acquisition creating AI-to-orbit developer empire, US retail sales drop 0.6% in July sparking recession fears, retail investors pour into gold miners ETF amid economic uncertainty
August 14
July PPI cools inflation fears, Fed's Barkin keeps rate hikes on the table, Bill Ackman returns to Netflix with sweeping Pershing Square overhaul
August 13
Bank of America commits $250 billion to infrastructure finance, Goldman Sachs acquires NEOS Investments for up to $2.25 billion, Lovable AI raises $400 million at $13.3 billion valuation
August 12
Teledyne acquires Varex Imaging for $1.1B in medical imaging push, Blackstone takes MarineMax private for $1.5B in marina consolidation play, River AI closes $1.1B round at $5B valuation with no product shipped
August 11
U.S. economy sheds 23,000 jobs in July in first payroll contraction in months, stagflation concerns emerge as wages slow and inflation stays elevated, markets rally as Fed rate-hike odds fall sharply
August 7
Unity Software posts best quarter as public company, Memory chip stocks drop on slowing growth guidance, SpaceX beats revenue in debut earnings but $18B capex spooks investors
August 6
SpaceX lockup expiry unleashes 911M shares, Fed's Kashkari warns of potential rate hikes, Couche-Tard bids $8.7B for Poland's Żabka
August 5
Caterpillar posts record Q2 earnings and raises guidance, SpaceX faces its first public earnings with high short interest and a looming share unlock, SocGen reiterates S&P 500 target of 8000 on strong earnings beat rates
August 4
AstraZeneca-BMS merger talks spark 7% share drop, Oil falls 4% on Trump-Iran de-escalation, UBS warns food inflation is structural not temporary
August 3
Blue-chip stocks swing with meme coin volatility, Grant Thornton acquires CBIZ in landmark $5B deal, Procore buys DroneDeploy for $845M to power construction AI
July 31
June PCE inflation undershoots forecasts boosting risk assets, Amazon and Apple report Q2 earnings after the bell, Zoox wins first-ever NHTSA commercial robotaxi exemption
July 30
Fed holds rates with hawkish tilt expected at 2 PM ET, South Korea restricts leveraged ETFs amid volatility, Trump Iran comments send oil up 6-7% and futures lower
July 29
PayPal beats Q2 estimates and raises guidance amid $53B Stripe takeover offer, Coca-Cola posts strong quarter with World Cup and Zero Sugar tailwinds, Corning surges on AI optical demand but stock drops on soft Q3 guidance
July 28
Nvidia and SK Group announce $500B-plus AI infrastructure partnership, Martin Marietta acquires Lhoist North America for $13.5 billion, Moody's upgrades Argentina to B3 completing rare three-agency alignment
July 27
Tesla Q2 record revenue but 39% EPS miss and negative free cash flow, Alphabet raises capex guidance to $205B as Google Cloud surges 82%, Brookfield acquires Aypa Power in landmark $7B battery storage deal
July 24
Alphabet Q2 earnings beat but free cash flow turns negative on record $205B capex guidance, Paramount-Warner Bros. merger frozen by U.S. judge despite EU approval, Nikkei investigation reveals $1.65 trillion in off-balance-sheet AI obligations across five Big Tech companies
July 23
Semiconductors drive record 48% of S&P 500 earnings growth, Paramount-Warner Bros. merger paused by federal judge, Bank of Japan signals faster rate hikes as yen hits 40-year low
July 22
Semiconductor selloff as AI ROI scrutiny grows, federal judge blocks Paramount-Warner Bros. merger on antitrust grounds, Tempus AI acquires Personalis for $1.5B in precision oncology deal
July 21
AMC Entertainment posts best quarter in 106-year history with record revenue and EBITDA, Indian private banks HDFC and Axis sell off sharply despite profit growth as net interest margins hit cycle lows, U.S. June CPI falls 0.4% to cool annual inflation to 3.5% but Fed holds fire ahead of July meeting
July 20
Netflix Q2 revenue miss sends shares down 8-11%, semiconductor sell-off deepens with 1.2 million Korean margin calls triggered, CLARITY Act crypto bill faces August recess deadline
July 17
June retail sales rise 0.2% matching forecasts with mixed underlying trends, Philadelphia Fed manufacturing index surges to 41.4 far above expectations, initial jobless claims fall to 208K reinforcing labor market strength and complicating Fed rate-cut outlook
July 16
UnitedHealth Q2 EPS crushes estimates at $6.38 vs $4.85 expected, June CPI cools to 3.5% sparking tech rally, JPMorgan and Goldman Sachs post record profits with Dimon sounding a cautionary note
July 16
JPMorgan Chase posts record $21.2B quarterly profit on trading surge, Goldman Sachs reports best quarter in 157-year history with SpaceX IPO boost, BofA and Citi and Wells Fargo confirm Wall Street boom with across-the-board earnings beats
July 15
June CPI miss drops Fed rate-hike odds to 8%, Goldman Sachs posts massive Q2 earnings beat as bank sector shows mixed reaction, IBM issues shocking revenue warning and faces worst single-day stock drop since 1961
July 14
SK Hynix record IPO triggers Seoul circuit breaker and global chip selloff, twelve state AGs sue to block $111B Paramount-Warner Bros. merger, big bank earnings season kicks off
July 14
US futures fall as Strait of Hormuz crisis escalates ahead of CPI and bank earnings week, Global M&A reaches all-time record of $2.8 trillion in H1 2026 driven by mega-deals, South Korean humanoid robotics startup raises record $103M Series A
July 13