The Finimize Daily Brief

Alphabet’s chips may have stolen another high-profile customer from Nvidia – and investors applauded the achievement – while the S&P 500 welcomed its latest entrant: memory provider Sandisk. Today’s stories: Alphabet Might Be Celebrating A Billion-Dollar Betrayal The S&P 500’s New Entrant Is Making Memories Try Finimize Pro

Novo Nordisk’s stock fell 5%, after its blockbuster weight-loss drug failed to prove useful for treating Alzheimer’s, while Alibaba’s answer to ChatGPT got over ten million downloads in a week – and earned the stock a tidy bump. Today’s stories: Investors Punished Novo Nordisk For Its Trial And Error Investors Gave Alibaba’s AI App A Perfect Ten… Million Downloads Try Finimize Pro  

US stocks swung wildly as AI dreams clashed with bubble fears, while Japan’s betting big on stimulus – even if it has to borrow to do so. Today’s stories: Stocks And Crypto Fell As AI Fears Ramped Up, Spooking Investors Japan Unveiled A Stimulus Package That Was Less A Question Of If, But Yen Try Finimize Pro  

TikTok’s parent company danced its way to a $480 billion valuation – and investors were falling over each other to get in – while India’s Nifty 50 stock market index just hit an all-time high. Today’s stories: A New Stake Sale Valued ByteDance – TikTok’s Parent Company – At $480 Billion India’s Stock Index Hit An All-Time High, Leaving Investors Feeling Pretty Nifty Try Finimize Pro  

Nvidia smashed all the market’s expectations and raised its forecasts for the rest of the year, while Xiaomi’s EV unit just crossed the profit finish line – and did it faster than Tesla. Today’s stories: Nvidia’s Been Keeping Things Chipshape, With Results That Sparkled Across The Board Xiaomi’s EV Business Turned Its First Profit At Warp Speed, Making Tesla Look Slow Try Finimize Pro  

Stocks and crypto just saw their worst string of selloffs since tariffs hit back in April, while oil giant Total just bought some power plants in Europe – plugging into a future beyond fossil fuels. Today’s stories: Investors Lowered The Boom, Triggering The Worst Market Slide Since April Total Snapped Up A European Electric Firm, Shooting To Be A Power Hitter Try Finimize Pro  

Warren Buffett’s still the big dog at Berkshire, and he just made an Alpha… bet, while some icy relations with China sent shivers through Japan’s tourism and retail stocks. Today’s stories: Buffett Bought A Big Alphabet Stake, Perhaps Becoming The Oracle Of AI Investors Sold Japan’s Stocks, Expecting A Travel Disruption Try Finimize Pro  

Bitcoin dropped 23% from its October high, and climbing back up could be a real bear, while China got walloped by a trifecta of weak economic updates. Today’s stories: Call It Bearcoin: Bitcoin Just Slipped Into A Bear Market The Chinese Economy’s Three Sheets To The Wind Try Finimize Pro

Microsoft and OpenAI are more in sync than ever – even sharing custom AI chips – while the US government reopened for business, with a new spending bill bringing its record-long shutdown to an end. Try Finimize Pro

Wall Street and Big Tech have been teaming up to sign some very creative AI deals, while the IEA changed its tune, saying that oil demand could keep climbing for another 25 years yet. Today’s stories: Wall Street And Big Tech Are Finding New, Friendly Ways To Finance AI Bets The IEA’s Got A New Crude Estimate: It Sees Demand Growing Until 2050 Try Finimize Pro

SoftBank dumped its entire Nvidia stake, getting rid of the old to bankroll the new – while American companies just posted their best results in four years, brushing off the impact of tariffs. Try Finimize Pro  

Chip manufacturer TSMC posted much slower monthly sales growth – an unsettling dip – while American lawmakers are at least talking about ending the US government shutdown. Today’s stories: Chipmaker TSMC’s Sales Growth Dipped (And Not In The Tasty Way) America Is One Step Closer To Ending Its Government Shutdown Try Finimize Pro

Tesla’s shareholders signed off on Elon Musk’s $1 trillion pay package, while China’s exports fell for the first time since April – and that doesn’t bode well for the country’s growth prospects. Today’s stories: Tesla Approved A Deal To Make Musk Its Trillion-Dollar Man China’s Export Engine Just Unexpectedly Sputtered Try Finimize Pro  

Apple wants to use Google’s AI tech to make Siri smarter – for a billion-dollar price – while Qualcomm pulled in solid sales last quarter, and it’s expecting to top that in the months ahead. Today’s stories: Apple And Google Look Close To Signing A Siri-ndipitous Deal Qualcomm Hauled In Money Last Quarter – A Flex That Impressed Investors Try Finimize Pro

Novo Nordisk trimmed its forecasts, falling further behind in the weight-loss drug race, while investors offloaded crypto this week – knocking bitcoin and ether down by more than a few pegs. Today’s stories: Novo Nordisk Gave A Warning Shot, Cutting Profit Forecasts Yet Again Bitcoin And Ether Were Crash-Tested This Week, Hit By A Market Selloff Try Finimize Pro

Some of Wall Street’s biggest names said that stock prices need a reset, while Tesla sold fewer EVs than expected – which won’t help Elon Musk secure that trillion-dollar pay package. Today’s stories: Wall Street Execs Warned About Keeping Up With The Valuations Tesla’s Sales Disappointed, With Investors About To Review Elon Musk’s Paycheck Try Finimize Pro  

Microsoft shook on a $10 billion deal with – you guessed it – an AI data center provider, while Berkshire Hathaway had another thrifty quarter… and investors weren’t feeling spendy, either. Today’s stories: Microsoft Secured Cloud Cover From IREN For Ten Billion Dollars Berkshire Hathaway Showed It Has-A-Way Try Finimize Pro  

ExxonMobil and Chevron – Berkshire Hathaway’s fifth-biggest stateside stake – both revealed better-than-predicted results, while Nvidia signed deals with many of South Korea’s smartest firms. Try Finimize Pro  

Amazon and Apple revealed decent takings, so investors gave the pair a pat on the… uh, shares, while the US and China agreed to call off their on-again, off-again tariff war for one whole year. Today’s stories: Amazon And Apple Both Revealed Prime And Proper Results The US And China Said The Magic Words: No New Tariffs For A Year Try Finimize Pro

Alphabet, Meta, and Microsoft delivered big numbers and kicked off Big Tech’s earnings season, while the Federal Reserve cut interest rates for the second time this year. Today’s stories: It’s Time… For Big Tech Earnings Season The Federal Reserve Stuck To Its Day Job, Focusing On… Day Jobs Try Finimize Pro   Sponsored by SurfAir Mobility.

The US government went nuclear (but not in a scary way), while Amazon culled 14,000 corporate jobs – and that’s just the start.  Today’s stories: The US Government Made Nuclear Bets To Develop Its Own Critical Mass Amazon Turned Same-Day Delivery Into Same-Day Deliverance, Cutting 14,000 Jobs Try Finimize Pro   Sponsored by SurfAir Mobility.

Stock markets from all over the world notched record highs on Monday – while China showed there’s nothing a little government intervention can’t fix, bringing industrial profit back from the brink. Today’s stories: Investors Raised A Glass – And Plenty Of Stock Market Indexes, Too China’s Government Breathed Fire Into Factories Try Finimize Pro

US inflation was a touch lower than expected in September, and investors think they know what the central bank will do next, while Google and Anthropic got together – and their hookup could make both Amazon and Nvidia a little jealous. Today’s stories: Inflation Data Was A Rare Bright Spot During The US Government’s Blackout Google And Anthropic Chipped Back Against Nvidia’s Empire Try Finimize Pr...

Conflicting reports said the US government may (or may not) take stakes in a handful of quantum computing startups, creating a political will-they-won’t-they saga, while Europe and the US tightened sanctions on Russia’s biggest energy firms, and investors made sure oil prices felt the squeeze. Today’s stories: The US Government Took Stakes In Quantum Computing Startups US And European Union’s Bubb...

Investors dumped Alphabet after OpenAI took on Google, then came crawling back on news of an Anthropic partnership – while sports betting site DraftKings is rolling the dice, expanding into all sorts of wagers. Today’s stories: Alphabet’s Stock Got Knocked Down – But Then Got Right Back Up Again DraftKings Looks Set To Expand, Hoping That All Sorts Of Gambling Types Bet On It Try Finimize Pro