The Brutalist Report

MarketWatch

• Washington Watch: Republicans clinch slim majority in House, likely signaling gridlock ahead [1397d]
• Key Words: ‘F-ck regulators,’ Sam Bankman-Fried reportedly says amid FTX blowup: ‘I feel bad for those who got f-cked by it’ [1397d]
• Earnings Results: Bowling is back with ‘a vengeance,’ but Bowlero puts up a loss and stock falls [1397d]
• The Wall Street Journal: Elon Musk floats possibility of his successor at Tesla, says he plans to eventually find new Twitter CEO [1397d]
• Personal Finance Daily: Thanksgiving dinner costs 20% more this year as price of most ingredients spike and one sign the FTX crypto implosion hasn’t wrecked many stock investors — so far [1397d]
• Earnings Results: Nvidia earnings chopped in half along with gaming sales as chip maker is ‘adapting’ [1397d]
• Earnings Results: Bath & Body Works rockets higher on elevated profit forecast [1397d]
• : Amazon confirms layoffs, becoming latest tech powerhouse to slash roles [1397d]
• The Wall Street Journal: Two top CBS execs ousted amid Paramount’s broader restructuring [1397d]
• Earnings Results: Cisco’s stock rises on strong quarterly sales, guidance [1397d]
• : Sonos execs say trends have ‘stabilized,’ stock heads higher after earnings [1397d]
• Crypto: FTX collapse to come under Washington spotlight as hearing planned; Yellen calls for better crypto oversight [1397d]
• : Hasbro, Mattel stocks suffer as Target sees toy sales slow [1397d]
• : World’s richest nations stick to 1.5-degree climate pledge despite energy crunch [1397d]
• Financial Crime: National security secrets raised in case against crypto couple charged in billion-dollar bitcoin heist [1397d]
• Crypto: Sam Bankman-Fried, Tom Brady and Steph Curry named in lawsuit over FTX collapse [1397d]
• The Fed: Fed’s Waller more comfortable with idea of possibly slowing down pace of rate hikes given recent data [1397d]
• : Here’s one sign the FTX crypto implosion hasn’t wrecked many stock investors — so far [1397d]
• The Tell: ‘We’ve only just begun to see the layoffs and squeezes on profit margins,’ warns Wells Fargo strategist [1397d]
• Michael Brush: The new bull market will be led by stocks in these three industries. Tech and the FAANGs will fall to the wayside [1397d]
• : Tighter credit affecting M&A deals for targets and buyers [1397d]
• Outside the Box: Why are government regulators targeting PredictIt and other political betting markets now? [1397d]
• The Tell: Barclays says cash may be ‘real winner’ in 2023 while recommending bonds over stocks [1397d]
• : Venture capital investors see an ‘R’ word coming for tech — and it isn’t just recession [1397d]
• Beth Pinsker: Fear or love? Let actions speak louder than words when it comes to emergency documents [1397d]
• : Senate Republicans pick Mitch McConnell as their leader, as Rick Scott’s challenge flops [1397d]
• The Conversation: No, an indictment wouldn’t end Trump’s run for the presidency—he could even campaign or serve from a jail cell [1397d]
• Economic Report: Strong spending at restaurants gives no sign of recession [1397d]
• Coronavirus Update: China locks down Peking University over one COVID case, showing commitment to zero-COVID policy [1397d]
• Key Words: Elon Musk tells Twitter employees to put in ‘long hours at high intensity’ or take severance [1397d]
• : Blackstone CEO Schwarzman won’t support Trump in 2024, says Republicans must ‘turn to a new generation of leaders’ [1397d]
• Your Digital Self: Big money is riding on the metaverse. Here’s why it will eventually succeed even though it’s derided by haters. [1397d]
• The Margin: New York Post taunts Trump’s presidential bid with ‘Florida man makes announcement’ teaser at the very bottom of the front page [1397d]
• Metals Stocks: Gold touches fresh 3-month high as rally continues [1397d]
• The Fed: Fed’s Daly sees interest rates ultimately getting in range of 4.75%-5.25%. [1397d]
• Futures Movers: Oil futures fall as risks to global supplies, after missile strike in Poland, ease for now [1397d]
• Project Syndicate: The U.S. has crossed a line in declaring economic war on China [1397d]
• Crypto: They pulled money out of FTX at last minute before its bankruptcy: ‘Thank God I dodged it twice’ [1397d]
• Economic Report: U.S. manufacturing sector losing steam [1397d]
• : U.S. buyers are flocking to London property due to dollar strength, brokerage claims [1397d]
• Crypto: FTX contagion: Genesis’s lending arm and Gemini Earn program pause withdrawals [1397d]
• SportsWatch: World Cup 2022: How to watch, who’s favored to win and everything else you need to know [1397d]
• The Ratings Game: Home Depot could feel housing industry headwinds, analysts say [1397d]
• Economic Report: Retail sales jump in October in sign of economic strength. Too much for the Fed? [1397d]
• Economic Report: U.S. import prices post fourth straight monthly decline [1397d]
• Earnings Results: Target stock tumbles after another big profit miss as sales slowed ‘meaningfully’ [1397d]
• FA Center: The Dow trading above its 200-day moving average is supposedly bullish for stocks — but not this time [1397d]
• Encore: Poverty for all age groups has declined from prepandemic levels [1397d]