Featured Author, Invest 101

Market trends – Aug 27

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Stock Market News

Apple announces iPhone event for Sept. 9 – CNBC
IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports – Reuters
Oil climbs on Mideast escalation fears, US rate cut expectations – Reuters
10-year Treasury yield steadies after Powell boosts expectations of Fed rate cut – CNBC
Paramount stock edges up as Bronfman reportedly mulls increasing bid again – New York Post
Dexcom announces launch of over-the-counter continuous glucose monitor – Reuters
PDD Stock Heads for Worst Day Ever – Schaeffers Research

Trends to Watch

Zucked: Mark Zuckerberg Says White House Was ‘Wrong’ to Pressure Facebook on Covid (Wall Street Journal)
Skydance Wins: Edgar Bronfman Drops Paramount Bid (The Hollywood Reporter)
Unmoved: Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions (Cointelegraph)
The Time Has Come: What a September Cut Could Mean for the Economy and the Election (Bloomberg)
Ouch: China’s Once-Richest Person Loses $14 Billion As Temu Parent Company Falls Almost 30% (Forbes)