The Finimize Daily Brief

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: Nvidia's Chip Design Lead Is Being Hamstrung By Production Delays Markets All Over Have Been Moving And Shaking, Testing Investors' Nerves Try Finimize Premium  

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: Warren Buffett Cut Berkshire Hathaway's Stake In Apple Nearly In Half Japanese Stocks Just Had Their Worst One-Day Drop Since The '80s Try Finimize Premium

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: The US Created Fewer Jobs Than Expected, And Unemployment Ticked Up Too Chip Designer And Nvidia Rival Cerebras Filed For An IPO Try Finimize Premium  

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 England finally dropped rates. Today’s stories: Adequate Results From Apple And Amazon Weren’t Enough To Get Investors Excited After Four Years, The Bank Of England Finally Trimmed Interest Rates Try Fini...

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: Surf’s Up For Meta: The Firm Reported Stronger Sales Than Expected The Bank Of Japan Raised Interest Rates For Just The Second Time Since 2007 Try Finimize Premium

Microsoft’s shares fell late on Tuesday as investors focused on disappointing cloud results, while Germany lagged behind other eurozone economies. Today’s stories: Microsoft’s Cloud Lost A Little Sparkle, And Investors Sent The Firm’s Stock Down Europe’s Economies Moved In Quite Different Directions Last Quarter Try Finimize Premium

McDonald's sales fell around much of the world, while Bernard Arnault bought a stake in Richemont. Today’s stories: Mcdonald’s Sales Fell For The First Time Since 2020, And Investors Weren’t Lovin’ It Europe's Wealthiest Man – The Head Honcho Of LVMH – Bought A Tiny Slice Of Richemont Try Finimize Premium  

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: Bill Ackman Slashed The Target Size For His New Fund By A Mile The Fed’s Trusted Inflation Measure Pointed To Cooler Blue Levels Try Finimize Premium

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 pace, while an AI selloff stoked wider worries about the Big Tech-driven stock market. Today’s stories: The US Economy Grew At A Surprisingly Snappy Pace Last Quarter AI Jitters Sent Markets The World...

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: European Firms Are Looking Glum As Demand From China Slows The Clouds Might Finally Be Parting For The UK Economy Try Finimize Premium

Alphabet delivered an expectation-beating – yet slightly ho-hum – quarterly update, while ether spot ETFs started trading in the US. Today’s stories: Alphabet Spelled Out Better-Than-Expected Results In A Big Step For Crypto, The First Spot Ether ETFs Just Launched Try Finimize Premium

Warren Buffett cashed in some Bank of America stock, while activist fund Elliott Management ordered up a serving of Starbucks. Today’s stories: Warren Buffett’s Berkshire Hathaway Gave Its Bank of America Stake A Trim Activist Fund Elliott Management Picked Up A Venti Stake In Starbucks Try Finimize Premium  

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: Cybersecurity Firm CrowdStrike Struck Out, Sparking A Huge Global Tech Outage OpenAI’s Chatting Up Broadcom For A Fresh Supply Chain Connection Try Finimize Premium  

Global shipping troubles and threats of fresh tariffs revived old worries about inflation, while chipmaker TSMC unveiled its AI-powered results. Today’s stories: Global Shipping Troubles And Tariff Threats Could Cause Waves For Inflation The Chips Are Up For TSMC, And The Future Is Looking Bright Too Try Finimize Premium  

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:  ASML’s Strong Results Were Overshadowed By Potential Trade Restrictions Smaller Stocks Have Been Rallying: The Russell 2000 Just Notched A Five-Day Streak Try Finimize Premium  

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:  Both Bank Of America And Morgan Stanley Released Expectation-Beating Results Saudi Arabia’s Multi-Trillion-Dollar Makeover Isn’t Going According To Plan Try Finimize Premium  

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:  Google’s Parent Alphabet Could Buy Cybersecurity Firm Wiz For $23 Billion China’s Economy Is Growing More Slowly, And That’s Hurting The Luxury Industry Try Finimize Premium  

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:  JPMorgan Chase Came Out Swinging With Results That Crushed Expectations Analysts Are Cautiously Optimistic About This Earnings Season Try Finimize Premium  

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:  According To The Modern Investor Pulse, Retail Investors Are Very Optimistic Right Now Professional Investors Are Concerned About Round-The-Clock Retail Trading Try Finimize Premium  

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:  Microsoft Ditched Its Board Seat At OpenAI, And Apple’s Stepping Away Too China’s Getting Closer To Deflation – And That’s Not Good Try Finimize Premium

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:  New Users Were Few And Far Between At X (Formerly Twitter) Last Quarter Slow And Steady Is Paying Off, With Passive Funds Pulling Ahead This Year Try Finimize Premium  

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:  Global Temperatures Breached A Key Climate Threshold For A Full Year After An Unexpected Turn Of Events, France Is In Political Deadlock Try Finimize Premium

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:  The Labour Party Won In The UK, Creating A (More Stable) Majority Government The US Added More Jobs Than Expected, But That’s Not The Whole Story Try Finimize Premium

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:  Investors Are Paying Attention To Tesla Again, And That’s Partly Thanks To AI Japan’s Trade Unions Just Secured The Biggest Pay Hike Since 1990 Try Finimize Premium

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:  Revolut Flashed A Record Profit, Thanks To Higher Interest Rates And More Users Tech Firms Have Been Going Nuclear To Meet The Lofty Power Demands Of AI Try Finimize Premium