"Higher-Than-Expected Inflation Fuels Global Market Decline"
"US producer prices rose 0.4% in November, exceeding expectations and contributing to market declines; the S&P 500 and Dow fell 0.54% and 0.53%, respectively, while Asia-Pacific markets also retreated."
"Higher-Than-Expected Inflation Fuels Global Market Decline"
"US producer prices rose 0.4% in November, exceeding expectations and contributing to market declines; the S&P 500 and Dow fell 0.54% and 0.53%, respectively, while Asia-Pacific markets also retreated."
Progress
48% Bias Score
Broadcom's AI Market Projections, Costco's Earnings, and Other Market Trends
Broadcom's strong earnings report, showing soaring demand for AI computing, sent its shares up 17%, while also impacting the outlook for Nvidia; Costco's better-than-expected earnings led to multiple price target increases; and several other market trends are discussed.
Broadcom's AI Market Projections, Costco's Earnings, and Other Market Trends
Broadcom's strong earnings report, showing soaring demand for AI computing, sent its shares up 17%, while also impacting the outlook for Nvidia; Costco's better-than-expected earnings led to multiple price target increases; and several other market trends are discussed.
Progress
40% Bias Score
TSMC's Arizona Fab: Delays, Cost Overruns, and Implications for U.S. Chip Production
TSMC's new $20 billion Arizona chip fab, originally slated for 2024 completion, is now in pilot production, delayed until 2025 due to unforeseen challenges; despite this, Apple is its largest customer, and the plant will produce more advanced 4-nanometer chips than initially planned.
TSMC's Arizona Fab: Delays, Cost Overruns, and Implications for U.S. Chip Production
TSMC's new $20 billion Arizona chip fab, originally slated for 2024 completion, is now in pilot production, delayed until 2025 due to unforeseen challenges; despite this, Apple is its largest customer, and the plant will produce more advanced 4-nanometer chips than initially planned.
Progress
40% Bias Score
S&P 500 Projected to Rise 9.6% in 2025 Amidst Market Uncertainty
Wall Street strategists project the S&P 500 to reach 6,630 by the end of 2025, a 9.6% increase, despite anticipated market turbulence; however, differing opinions exist regarding the impact of potential tariffs and high valuations.
S&P 500 Projected to Rise 9.6% in 2025 Amidst Market Uncertainty
Wall Street strategists project the S&P 500 to reach 6,630 by the end of 2025, a 9.6% increase, despite anticipated market turbulence; however, differing opinions exist regarding the impact of potential tariffs and high valuations.
Progress
52% Bias Score
Bank of Japan Postpones Interest Rate Decision Until 2025
The Bank of Japan is likely to keep interest rates unchanged next week, delaying a decision until January or March to assess global risks and wage growth, despite some board members favoring a December rate hike; the Tankan survey showed stronger than expected business sentiment.
Bank of Japan Postpones Interest Rate Decision Until 2025
The Bank of Japan is likely to keep interest rates unchanged next week, delaying a decision until January or March to assess global risks and wage growth, despite some board members favoring a December rate hike; the Tankan survey showed stronger than expected business sentiment.
Progress
24% Bias Score
NDAA Passes House Despite Ban on Gender-Affirming Care for Military Children
The House passed the National Defense Authorization Act (NDAA), which includes a ban on gender-affirming care for children of service members, sparking bipartisan opposition and raising concerns about the well-being of transgender youth and the military's recruitment and retention.
NDAA Passes House Despite Ban on Gender-Affirming Care for Military Children
The House passed the National Defense Authorization Act (NDAA), which includes a ban on gender-affirming care for children of service members, sparking bipartisan opposition and raising concerns about the well-being of transgender youth and the military's recruitment and retention.
Progress
60% Bias Score
SEC Demands Settlement from Elon Musk Over Twitter Share Transactions
The SEC demanded a settlement from Elon Musk within 48 hours regarding his Twitter share transactions, prompting accusations of harassment from Musk's lawyer who refused to comply with a subpoena. The SEC investigation concerns possible securities fraud during Musk's 2022 Twitter acquisition.
SEC Demands Settlement from Elon Musk Over Twitter Share Transactions
The SEC demanded a settlement from Elon Musk within 48 hours regarding his Twitter share transactions, prompting accusations of harassment from Musk's lawyer who refused to comply with a subpoena. The SEC investigation concerns possible securities fraud during Musk's 2022 Twitter acquisition.
Progress
40% Bias Score
Premarket Movers: Broadcom, RH Lead Surge on Earnings, AI, and Positive Guidance
Several companies saw significant premarket stock movements: Broadcom surged 17% on exceeding Q4 earnings expectations and developing AI chips; RH jumped 13% due to increased guidance and profitability; Tesla rose 1% following a report on potential regulatory changes; Norwegian Cruise Line increased...
Premarket Movers: Broadcom, RH Lead Surge on Earnings, AI, and Positive Guidance
Several companies saw significant premarket stock movements: Broadcom surged 17% on exceeding Q4 earnings expectations and developing AI chips; RH jumped 13% due to increased guidance and profitability; Tesla rose 1% following a report on potential regulatory changes; Norwegian Cruise Line increased...
Progress
4% Bias Score
US Port Strike: Trump's Support for ILA Exacerbates Supply Chain Crisis
Contract negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) over automation and other issues are causing significant disruptions to US ports, costing the US economy $5-7 billion per week, and President-elect Trump is supporting the ...
US Port Strike: Trump's Support for ILA Exacerbates Supply Chain Crisis
Contract negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) over automation and other issues are causing significant disruptions to US ports, costing the US economy $5-7 billion per week, and President-elect Trump is supporting the ...
Progress
40% Bias Score
Fed to Cut Interest Rates Again, Impacting Consumer Borrowing Costs
The Federal Reserve is expected to lower interest rates by 0.25 percentage points on December 18, impacting various consumer borrowing costs, including credit cards, mortgages, auto loans, and student loans, while savings rates remain relatively high.
Fed to Cut Interest Rates Again, Impacting Consumer Borrowing Costs
The Federal Reserve is expected to lower interest rates by 0.25 percentage points on December 18, impacting various consumer borrowing costs, including credit cards, mortgages, auto loans, and student loans, while savings rates remain relatively high.
Progress
32% Bias Score
Inflation Meets Expectations, Nasdaq Hits Record High
U.S. inflation edged up to 2.7% in November, meeting expectations and bolstering predictions of a Fed rate cut; concurrently, the Nasdaq Composite surpassed 20,000, driven by tech giants' gains, while ETF inflows exceeded $1 trillion.
Inflation Meets Expectations, Nasdaq Hits Record High
U.S. inflation edged up to 2.7% in November, meeting expectations and bolstering predictions of a Fed rate cut; concurrently, the Nasdaq Composite surpassed 20,000, driven by tech giants' gains, while ETF inflows exceeded $1 trillion.
Progress
44% Bias Score
Inflation Meets Expectations, Nasdaq Hits Record High Amidst Global Economic Uncertainty
U.S. inflation increased to 2.7% in November, meeting forecasts; the Nasdaq Composite surpassed 20,000 points, driven by tech giants like Alphabet and Tesla; OPEC lowered its global oil demand growth forecast for the fifth consecutive month; South Korea's stock market underperformance persists amids...
Inflation Meets Expectations, Nasdaq Hits Record High Amidst Global Economic Uncertainty
U.S. inflation increased to 2.7% in November, meeting forecasts; the Nasdaq Composite surpassed 20,000 points, driven by tech giants like Alphabet and Tesla; OPEC lowered its global oil demand growth forecast for the fifth consecutive month; South Korea's stock market underperformance persists amids...
Progress
56% Bias Score