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.
A swing and the biggest of misses for CrowdStrike led to global IT chaos, while OpenAI cozied up to Broadcom for a fresh supply chain connection.
Today’s stories:
Global shipping troubles and threats of fresh tariffs revived old worries about inflation, while chipmaker TSMC unveiled its AI-powered results.
Today’s stories:
ASML reported strong results, but geopolitical tensions threatened to cloud its outlook, while the Russell 2000 index notched its best five-day streak since 2020.
Today’s stories:
Morgan Stanley and Bank of America posted better-than-expected updates – and while Saudi Arabia has big plans, they’re proving tricky to pull off.
Today’s stories:
Google is reportedly in talks to buy cybersecurity firm Wiz for $23 billion, while China’s slow economic growth is causing waves in the luxury market.
Today’s stories:
JPMorgan Chase and Citigroup announced blowout second-quarter earnings, while analysts are more optimistic than usual about US companies this earnings season.
Today’s stories:
Fresh data showed retail investors are the most optimistic they’ve ever been, while professional investors are concerned about round-the-clock retail trading.
Today’s stories:
Microsoft and Apple put space between themselves and OpenAI, while China inched closer to deflation – a worrying sign for the world's second-biggest economy.
Today’s stories:
There weren’t many new users to count over at X (formerly Twitter) last quarter, while most active funds have fallen short of beating the S&P 500 this year.
Today’s stories:
Global temperatures breached a key climate threshold for a full year, while the French government’s in deadlock after a surprise win for the left.
Today’s stories:
The Labour Party won the UK election by a landslide, while the US created 206,000 jobs in June – more than expected.
Today’s stories:
Tesla turned the corner, and AI was in the driver’s seat, while Japan’s wages are set to rise at their highest rate in more than 30 years.
Today’s stories:
Revolut's new legion of customers helped the fintech make a record-breaking profit, while tech companies are turning to nuclear energy to satisfy the power demands of AI.
Today’s stories:
Keith Gill, a.k.a. “Roaring Kitty”, caused more ruptures in the stock market, while China's patchy stats showed exactly why its stock rally ran out of puff.
Today’s stories:
China approved Novo Nordisk's weight-loss wonder drug Wegovy, while Denmark approved the world’s first carbon tax on agriculture.
Today’s stories:
Airbus lowered its profit outlook for the year, while Apple and Microsoft were charged under the EU’s new Digital Markets Act.
Today’s stories:
Apple and Meta seemingly put the past behind them to talk about collaborating, while copper prices are starting to fall from their record highs.
Today’s stories:
Revolut is aiming for a valuation of over $40 billion, while birth rates in industrialized economies have more than halved since 1960.
Today’s stories:
The Bank of England kept interest rates unchanged, while soaring debt in the European Union added drama to a volatile market.
Today’s stories:
The UK beat the US and eurozone to inflation coming in on target, while American carmaker Fisker filed for bankruptcy.
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