The Daily Business & Finance Show

The Daily Business and Finance News Show - Sunday, 25 June 2023 Today's headlines: What is behind big pharma's underperformance? LNG project approvals set to push U.S. to process record volumes JPMorgan cuts 40 dealmakers in North America amid M&A slowdown - report TV usage drops again in May, but streaming keeps rolling Consumer stocks are in the spotlight with student loan repayments and food di...

The Daily Business and Finance News Show - Saturday, 24 June 2023 Today's headlines: Oregon county sues Big Oil companies for $51B over role in 2021 heat dome Recession fears, central bank rate hikes sent crude oil reeling this week IBM nears $5B acquisition of software provider Apptio - WSJ Mountain Valley Pipeline wins final permit needed for construction, Manchin says Eli Lilly says oral obesit...

The Daily Business and Finance News Show - Friday, 23 June 2023 Today's headlines: Lithium supplies may not be enough to meet EV demand - report Nancy Pelosi discloses buys of Apple, Microsoft Tesla holder Ron Baron sees stock hitting $500 in 2025 Ford preps for another round of layoffs - report Netherlands confirms Groningen gas extraction will end by October 1 Owl Rock Capital rebrands to Blue O...

The Daily Business and Finance News Show - Thursday, 22 June 2023 Today's headlines: Shell, other oil majors dumped by Church of England endowment fund Warren Buffett gives away $4.6B in BRK.B shares to five charities Paramount studio assets 'rare gem' that could be worth $30B in a sale: Wells Fargo Intel to restructure manufacturing business Qualcomm taking bigger role in supplying Meta's AR proj...

The Daily Business and Finance News Show - Wednesday, 21 June 2023 Today's headlines: Disney diversity chief exiting role Tesla is downgraded at Barclays ahead of Q2 earnings Top pharma lobby sues U.S. govt. over Medicare drug pricing negotiations Fed's Jerome Powell says more 'moderate pace' of rate hikes may 'make sense' Google reportedly accuses Microsoft of unlawful cloud practices in US Sen....

The Daily Business and Finance News Show - Tuesday, 20 June 2023 Today's headlines: Rivian Automotive is the latest automaker to join Tesla's charging standard Biden said to pick Alphabet chair, others to lead next-gen chip efforts AT&T falls as CFO says Q2 subscriber adds likely to be below estimates Yield curve inversion widens to a four-decade high Cinema stocks lag after 'The Flash,' 'Elementa...

The Daily Business and Finance News Show - Tuesday, 20 June 2023 Today's headlines: Is the stock market open on Juneteenth? Artificial intelligence is a '1995 moment' for tech. That could push stocks even higher. Enbridge given three years to shut Line 5 pipeline on Wisconsin tribal land Fed says two more rate hikes, but markets not convinced; analysts, contributors weigh in Stocks ignored by the...

The Daily Business and Finance News Show - Sunday, 18 June 2023 Today's headlines: Oil and gas companies 'planet wreckers' for continuing production, UN head says U.S. healthcare spending to top $7T by 2031 Intel set to build $25B plant in Israel - reports New York Stock Exchange President sees Cava debut ending drought of IPOs Explanations from OpenAI ChatGPT API with proprietary prompts. This po...

The Daily Business and Finance News Show - Saturday, 17 June 2023 Today's headlines: Iran oil exports hit five-year highs with U.S. reportedly in negotiations Bristol Myers reportedly sues over new Medicare drug pricing program Commercial start of new Plant Vogtle nuclear reactor delayed again Bitcoin cuts back chunk of weekly losses, helped by optimism over BlackRock's ETF filing EU countries str...

The Daily Business and Finance News Show - Friday, 16 June 2023 Today's headlines: BlackRock files for bitcoin ETF; Coinbase as custodian Fed pause will let uber-cap AI hit a dot-com era level - Wells Fargo Anheuser Busch offers financial aid to wholesalers amid Bud Light backlash Disney CFO departure could mean Bob Iger stays as CEO: Loop Capital Micron slips after it says half of China revenue a...

The Daily Business and Finance News Show - Thursday, 15 June 2023 Today's headlines: Post-Fed rally boosts Nasdaq, Dow +1%; S&P notches longest win-streak since Nov. 2021 Putting a number to Tesla's new Supercharger-for-all business SoFi Technologies downgraded to Perform at Oppenheimer after 100%+ rally Target raises dividend by 1.9% to $1.10 Trinity Capital raises dividend by 2.1% to $0.48 Nikol...

The Daily Business and Finance News Show - Wednesday, 14 June 2023 Today's headlines: Electric vehicles can take a victory lap with ICE dominance in the rear-view mirror Oil demand to slow sharply by 2028, putting peak in sight - IEA Federal Reserve holds interest rate steady in June, skipping a hike 'Nearly all' Fed policymakers see more hikes appropriate this year: Jerome Powell press conference...

The Daily Business and Finance News Show - Tuesday, 13 June 2023 Today's headlines: Core CPI inflation stalls at 5.3% Y/Y in May as expected Disney delays `Avatar,' `Star Wars,' Marvel movies Deeper Dive: Investor exodus from ESG investing Nasdaq, S&P, Dow close in the green after latest CPI report; all eyes now on the Fed Federal Reserve expected to skip June rate hike, but then what? AMD may pro...

The Daily Business and Finance News Show - Monday, 12 June 2023 Today's headlines: U.S. credit card debt nears the $1T mark: Is there a reason to worry? Lawsuits pile up against BioNTech over alleged COVID jab side effects - report Alphabet to be slapped with ‘massive’ EU antitrust penalty - report COVID shots should be updated for XBB variants, FDA says FTC set to file for injunction to block Mic...

The Daily Business and Finance News Show - Sunday, 11 June 2023 Today's headlines: U.S. solar tallied best-ever Q1, with usage seen doubling in next five years Best oversold stocks and worst crowded shorts from Citi's quant team Alzheimer’s disease market expected to reach $14B globally in 2030 JetBlue, American try to rework Northeast Alliance after court block Illumina CEO Francis deSouza resign...

The Daily Business and Finance News Show - Saturday, 10 June 2023 Today's headlines: OPEC output cuts will lift crude oil into the $90s this year, Goldman says Air taxi interest heats up as FAA highlights milestones Is the regional bank stock rout overdone? Insiders seem to think so Generative AI could boost profitability for these sleeper stock picks U.S. natural gas slips after winning streak; E...

The Daily Business and Finance News Show - Friday, 9 June 2023 Today's headlines: Tesla rips a big gain with analysts highlighting Supercharger revenue potential Electric vehicle charging stocks fall after GM-Tesla collaboration sends a jolt Zuckerberg's vision for AR/VR headsets different from Apple's Vision Pro - report Goldman launches five utilities with Buy ratings as 'decarbonization enabler...

Daily Business and Finance News - Thursday, 8 June 2023 Today's headlines: White House weighs options for potential loss on student loan forgiveness - report Crude oil plunges as reports say U.S., Iran make progress in nuclear talks Proposed Oneok takeover of Magellan opposed by shareholder EIP Google mulls attendance logs, Salesforce tries charity to lure staff to office - reports Tesla rallies a...

Daily Business and Finance News - Wednesday, 7 June 2023 Today's headlines: Restaurant stocks could get jolted by an upcoming Supreme Court ruling Citadel's Ken Griffin thinks near-term generative AI impact is a hype - report UnitedHealth raises dividend by 13.9% to $1.88 Billionaire investor Stan Druckenmiller expects to own Nvidia for years, not months Marijuana banking bill heading to committee...

Daily Business and Finance News - Tuesday, 6 June 2023 Today's headlines: Student loan consumers likely to defer buying soft goods as debt repayment resumes - UBS Tingo Group plunges amid new short report from Hindenburg Research (update) SEC sues Coinbase for operating as unregistered broker; stock slumps (updated) PGA Tour, LIV Golf, European Tour to merge and unify sport after bitter split Nasd...

Daily Market, Finance, and Business News - Tuesday, 6 June 2023 Today's headlines: Apple unveils $3,500 AR/VR headset, biggest product launch in nearly a decade (updated) Target is downgraded at KeyBanc due to massive student loan repayment headwind Park Hotels stops payments on $725M CMBS loan, plans to cut San Francisco exposure Nasdaq, S&P, Dow close in the red, weighed down by fall in Apple af...