The Finimize Daily Brief. Get everything you need to know about the day's biggest financial stories and trends, in five minutes or less, plus a regular Q+A with our world-class team of analysts.
Warren Buffett reshuffled Berkshire Hathaway’s portfolio, while fintech startup Revolut secured an impressive $45 billion valuation.
Today’s stories:
China's economy is still on a low, with industrial growth missing the mark, while US retail sales perked up by more than expected – an encouraging sign.
Today’s stories:
Google’s in hot water over its monopoly, while US inflation came in lower than predicted last month.
Today’s stories:
Major American manufacturing projects are stuck on the back burner, while US producer prices rose less than expected in July.
Today’s stories:
Americans have been spending less than usual on travel, while bonds are regaining their role as a portfolio hedge.
Today’s stories:
AI search startup Perplexity is challenging Google’s dominance, while major global firms have been tailoring products for India’s shoppers.
Today’s stories:
China made less money from exports than expected last month, while US weekly jobless claims came in better than feared.
Today’s stories:
Japan's central bank backtracked on further rate hikes, while UK house prices picked up at their fastest rate since January.
Today’s stories:
Nvidia’s dominance could be derailed by production delays, while markets look to be recovering – but more big moves are likely ahead.
Today’s stories:
Warren Buffett cut Berkshire Hathaway's stake in Apple nearly in half, while Japan’s stock market indexes suffered their worst day since 1987.
Today’s stories:
US jobs data suggested that the country is starting to strain under high interest rates, while Nvidia challenger Cerebras filed for an IPO.
Today’s stories:
Apple and Amazon both showed investors how they fared last quarter, but their adequate performances failed to earn them credit. After four years of interest rates moving only one way, the Bank of Eng…
The Bank of Japan raised its benchmark interest rate to the highest point since 2008, and Meta reported stronger-than-expected sales for last quarter.
Today’s stories:
Microsoft’s shares fell late on Tuesday as investors focused on disappointing cloud results, while Germany lagged behind other eurozone economies.
Today’s stories:
McDonald's sales fell around much of the world, while Bernard Arnault bought a stake in Richemont.
Today’s stories:
Finfluencer Bill Ackman slashed the target size for his brand-new fund, while the latest look at inflation hinted that the US could achieve a soft landing.
Today’s stories:
Brought to you by our daily financial news show - subscribe here: The Finimize Daily Brief (Spotify), The Finimize Daily Brief (Apple Podcasts).
US economic growth cruised at a faster-than-expected p…
European firms are facing a dismal quarter as demand from China slows, while business activity in Britain showed it’s making a comeback.
Today’s stories:
Alphabet delivered an expectation-beating – yet slightly ho-hum – quarterly update, while ether spot ETFs started trading in the US.
Today’s stories:
Warren Buffett cashed in some Bank of America stock, while activist fund Elliott Management ordered up a serving of Starbucks.
Today’s stories: