Daily quick insights, top trends and only the most important stock market news, so you can stay informed.
Top Stock Market News |
| Goldman Sachs profit jumps on robust debt underwriting, fixed-income trading – Reuters |
| Apple gains after Morgan Stanley calls stock ‘top pick’ for AI efforts – Reuters |
| Macy’s ends buyout talks with Arkhouse and Brigade after months of negotiations – CNBC |
| Burberry shares drop 10% after the luxury giant issues profit warning and replaces CEO – CNBC |
| Amazon Prime Day sales to hit record $14 billion, data firm says – Reuters |
| Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates – CNBC |
| Activist Starboard builds over 6.5% stake in Tinder owner Match, WSJ reports – Reuters |
Trends to Watch |
| Golden Results: Goldman Sachs raises banker pay and bonuses after 150% surge in quarterly profit (The Guardian) |
| Coming Soon: Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates (CNBC) |
| All By Myself: Macy’s rejected a takeover offer and is betting on itself (CNN) |
| Thanks, Bitcoin: Bitcoin ETF Helps Propel BlackRock to Record $10.6 Trillion Assets Under Management (Decrypt) |
| Workforce Reduction: Salesforce Cuts More Jobs in Latest Sign of Tech Austerity (Bloomberg) |
Image by Ahmad Ardity from Pixabay
