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 major tech ETF is set to load up on Nvidia, at the expense of Apple, while the S&P 500 broke yet another record.
Today’s stories:
One in every three global investment dollars is landing in the US, while political turmoil cost Paris its crown as Europe’s biggest stock market.
Today’s stories:
Keith Gill, a.k.a. “Roaring Kitty”, changed up his GameStop play, meanwhile US corporate cash piles swelled to a record $4.1 trillion last quarter, giving companies plenty of ammo
Today’s stories:
Europe announced fresh tariffs on Chinese EVs, while the latest dip in the eurozone’s industrial sector suggested a fragile recovery.
Today’s stories:
The Fed signaled that investors might have to wait longer for a rate cut, while the World Bank hiked its forecast for the global economy.
Today’s stories:
Apple revealed its very own AI system for the first time, while Elliott Investment Management snapped up shares in Southwest Airlines.
Today’s stories:
The S&P 500 is reshuffling, adding private investment and software firms, while insurers are using bonds to brace for a tough hurricane season.
Today’s stories:
The US added more jobs than expected in May, while Nvidia investors have more shares each after the firm’s ten-to-one stock split.
Today’s stories:
The ECB cut interest rates for the first time since 2019, while the NBA is reportedly close to sealing media rights deals worth $76 billion.
Today’s stories:
Activist hedge fund Elliott Investment Management targeted SoftBank, while China’s exporting spree might have sparked another round of tariffs.
Today’s stories:
India’s stocks stumbled after the country’s election, while Bill Ackman sold a 10% stake in Pershing Square.
Today’s stories: