Mixed Signals: Fed’s Rate Decision Amid Labor Market Data
Mixed labor market data complicates the Fed's rate decision. Hawks see strong payrolls, while doves point to rising unemployment. Powell may adopt a dovish tone despite inflation concerns.
Attention Assets: A New Investable Class Based on Public Focus
Attention Assets, as proposed by Multicoin Resources, are new investable instruments tied to the intensity of public focus. NFTs & memecoins offer related exposure, highlighting challenges and opportunities in this emerging market.
Alzamend: Novel Lithium Delivery for Alzheimer’s & Mental Health
Alzamend's AL001 aims for better lithium delivery to the brain, potentially revolutionizing Alzheimer's, bipolar disorder, MDD, and PTSD treatment with fewer side effects. Phase 1/2A trials are underway.
Paris Jackson vs. Michael Jackson Estate: Legal Battle
Paris Jackson contests the management of Michael Jackson's estate, alleging lavish spending on attorneys. The estate, managed by McClain and Branca, refutes the claims, citing financial success since Jackson's 2009 death.
Pelosi’s Databricks Investment Soars Amid $130B Valuation
Nancy Pelosi's investment in Databricks, made through Forge Investments, sees significant gains as Databricks' valuation jumps to $130B. Nvidia and Ark Invest also benefit from early investments.
Texas Court Rejects Halt to Kenvue Dividend Amid Tylenol Lawsuit
Texas court rejects AG Paxton's demand to halt Kenvue's dividend payment amid Tylenol safety lawsuits. The court cited lack of jurisdiction over the matter, allowing Kenvue to proceed with the payment. Kenvue Tylenol pregnant women
US Government Shutdown: Impact on Economic Data & Job Market
US government shutdown delayed key economic data releases (CPI, jobs). Early data showed weak job growth and falling consumer confidence, raising concerns about the labor market. BLS report is awaited.
Clearwater Analytics (CWAN) Stock Surges on Acquisition Rumors
Clearwater Analytics (CWAN) shares jumped after hours amid reports that Warburg Pincus and Permira are in talks to acquire the software company. Strong growth contrasts with valuation concerns.
Burry’s Tech Depreciation Short: Genius or Misguided?
Michael Burry shorts tech giants like Meta & Nvidia, alleging depreciation underestimation. Experts question his tech analysis depth, citing GameStop experience. $1B bet faces scrutiny as stocks rally.
Trump’s $2000 Tariff Dividend Plan Faces Scrutiny
Trump proposes $2000 dividend from tariff income, but Treasury Secretary suggests other methods. Critics warn of inflation. High court doubts Trump's tariff authority. Tariffs & toll rates reached 18% rate.
Partisanship vs. Self-Interest: Shaping Opinions on Trump’s Plan
Partisanship strongly influences opinions on Trump's plan. Supporters will pay more taxes, while opponents will forgo savings, highlighting the power of political allegiance over self-interest.
Lucid’s Shakeup: New Execs & Earnings Miss Impact LCID
Lucid faces earnings miss, executive shakeup with Emad Diala & Erwin Raphael joining. Eric Bach departs. New Nvidia partnership announced. LCID shares decline despite $5.5B liquidity.
Rand Paul: Tariffs, Constitution & Farm Crisis
Sen. Rand Paul warns tariffs harm US farmers & violate the Constitution's separation of powers. He urges Supreme Court intervention, highlighting the 'Farmageddon' facing soybean farmers due to trade war with China.
US-Japan Rare Earths Mining Deal to Counter China
US & Japan collaborate to mine rare earth minerals near Minamitori Island, aiming to reduce reliance on China. This follows easing of Chinese export restrictions and US tariff suspensions.
Stock Market Update: SPY, QQQ, Qualcomm, AMD & Fed Rate Cut
SPY and QQQ ETFs decline premarket. Qualcomm earnings anticipated. AMD falls despite results. BlackRock forecasts slowing activity & Fed rate cuts. Pinterest tumbles on earnings. Market awaits Supreme Court decision.
BNPL’s Impact: Mortgages, Credit Scores & Lending
Buy Now, Pay Later (BNPL) plans are affecting mortgage approvals and credit scores. Lenders scrutinize BNPL debts, potentially impacting debt-to-income ratio (DTI). FICO updates incorporate BNPL data.
Hims: Global Expansion & Personalized Healthcare Revolution
Hims expands globally, aiming for personalized healthcare in Canada, Brazil, Japan, UK. Focus shifts to full-spectrum health, from nutrition to longevity, transforming from niche telehealth to lifestyle brand.