Sphere Entertainment stock is up, trading to $46.20, following an announcement that the company is introducing the world’s second Sphere in Abu Dhabi, in partnership with Abu Dhabi’s Department of Culture and Tourism. The media company said their next-generation entertainment
At Tesla's "We Robot" event, the human-like Optimus robots served drinks, chatted with guests, practiced yoga, and won games of rock paper scissors. Too good to be true? Turns out the answer is yes: Morgan Stanley wrote on Friday that the robots weren't operating entirely
Updates on Tesla's We, Robot event last night: lots of futuristic promises and stunning visuals, autonomous bartenders and a van (despite Musk’s historic disdain for public transit), but plenty of major questions unanswered. Musk hyped the fully autonomous Cybercab, set for 2026,
🚨FED MEETINGS UPCOMING:
- October: No FED Meeting
- November 5: Presidential Election
- November 7: FED Meeting (expect another 25 bp cut)
- December 18: FED Meeting (expect another 25 bp cut)
Market expects a string of 25-point cuts through 2024 and 2025.
Get your popcorn
Good Morning Everyone!
Welcome to the era of rate cuts!
With the S&P at record highs and the NASDAQ close behind…
Our portfolios are smiling today.
We're rooting for you, Jerome Powell.
Stick that soft landing!
🚨FED IS COMING DOWN THE MOUNTAIN 🚨
After 11 rate hikes in 16 months, the FED held steady for a year.
Inflation peaked at 9% in 2022 and now sits under 3%.
The new worry is JOBS.
Over 1 million jobs have been revised lower over the last 24 months.
New job openings have
Its NOT just a Mag-7 stock market anymore.
The market is broadening.
Yesterday, the S&P 500 Equal Weight Index hit an all-time high.
Do what you will with this information.
Good Morning Everyone!
It’s the Super Bowl of finance—FED Day.
After the fastest rate hikes in 40 years, cuts are finally on deck.
My bet? 25bps — they'll want to leave room for more if needed.
But with 65% odds on a 50bps cut, new liquidity is about to hit the market.
🚨DOLLAR TREE DOWN -24%
Missed earnings and slashed estimates.
Lower income families can’t even afford to shop at Dollar Tree and Dollar General anymore.
Probably nothing.
Good morning! The Japanese stock market dropped -4% overnight.
Remember last month’s -12% plunge, the biggest drop since 1987?
Yesterday, $1 trillion market cap was wiped off the S&P.
And the VIX is up +39% in just 5 days.
Here we go again...