Featured Author, Invest 101

US stock markets – Sep 3

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Today’s Economic Calendar

09:45 AM PMI Manufacturing Final
10:00 AM ISM Manufacturing Index
10:00 AM Construction Spending
11:00 AM Treasury Buyback Announcement

Trends to Watch

Plummeting: Ethereum layer-1 network revenue collapses — What’s causing it? (Cointelegraph)
Meeting Time: Elliott now owns enough of Southwest Airlines to call special meeting (Reuters)
Another Reason to Invest: How do you feel about the economy? It depends on whether you own stocks (Business Insider)
Security Risk: Global supply chains can’t skirt China rare earths crackdown (Financial Times)
More Airplane Problems: Cathay Pacific Cancels Flights to Inspect 48 Airbus Aircraft After Engine Issue (New York Times)

 

Stock Market News

The Fed’s favorite inflation indicator increased 0.2% in July, as expected – CNBC
Dell beats estimates as server sales soar 80%, riding AI wave – CNBC
MongoDB shares surge 15% on guidance boost – CNBC
Solid US consumer spending pushes against hopes for hefty Fed rate cut – Reuters
US drillers cut oil and gas rigs for third week in a row – Baker Hughes – Reuters
What else is happening…
Elliott crosses threshold to call for Southwest (LUVspecial meeting.

SA Asks: Which defense stocks are most attractive right now?

Walt Disney (DIS) pulls network access for DirecTV subscribers.

Huawei to unveil new phone hours after Apple (AAPLiPhone event.

Report: Intel (INTC) chief to propose plan to trim assets, cut costs.

China warns of retaliation if Japan imposes new chip restrictions.

Electric vehicle adoption: A disappointment or still on track?

Boeing’s (BA) new CEO met with FAA head, discussed safety.

Airbus problems? Cathay Pacific cancels flights over engine issues.

Germany: AfD success piles new pressure on Scholz government.