The Brutalist Report

MarketWatch

• The Human Cost: FTX victims are setting up GoFundMe fundraisers to try to get their money back: ‘It’s $10,000 completely gone’ [1396d]
• Key Words: AT&T exec says ‘it’s only a matter of time’ before people ‘really’ feel inflation [1396d]
• Earnings Results: Williams-Sonoma warns of ‘macro uncertainty’ in outlook, ‘inconsistent’ demand — stock falls [1396d]
• The MarketWatch Q&A: Actor Gabriel Byrne on why he’s never ‘lusted after a lot of money’ [1396d]
• : Amazon CEO says more layoffs are coming in 2023 [1396d]
• : Foreign demand for U.S. Treasurys, other debt plunges to $80 billion in September [1396d]
• Personal Finance Daily: FTX victims are setting up GoFundMe fundraisers to try to get their money back and saddled with a ‘terrifying’ amount of debt, this chemical engineer slashed her six-figure student debt and is ‘loving life’ [1396d]
• Earnings Results: Gap stock jumps 8% after surprise third-quarter profit [1396d]
• : Visa CEO Al Kelly to step down from that role in February [1396d]
• Earnings Results: Applied Materials easily surpasses earnings and forecast expectations [1396d]
• : Ross Stores stock rockets higher on upbeat forecast, adding to upbeat holiday-period expectations [1396d]
• Earnings Results: Palo Alto Networks stock rallies on yet another beat-and-raise quarter [1396d]
• MarketWatch Options Trader: Three seasonal effects in the stock market begin around Thanksgiving, and this year it’s time to buy this asset class [1396d]
• Rex Nutting: What Bullard got wrong about a 7% fed funds rate (and why he said it anyway) [1396d]
• Mark Hulbert: Elon Musk faces an uphill battle to make Twitter profitable. Bringing in an outside CEO would only make things worse. [1396d]
• Distributed Ledger: A meltdown in crypto is taking shape and it’s not just FTX’s fault [1396d]
• The Fed: Fed must keep raising rates until it is certain inflation has stopped climbing, Kashkari says [1396d]
• The Moneyist: My mother willed her home to my two brothers. They said I could live there rent-free, if I pay the taxes and upkeep. Is this a good idea? [1396d]
• Key Words: Marissa Mayer wants to know: ‘Why is the web getting worse?’ [1396d]
• Metals Stocks: Gold prices settle at lowest in a week on ‘hawkish Fed speak’ [1396d]
• : These are the three financial areas to sort out in the year before you retire [1396d]
• Earnings Results: Macy’s stock rockets 15% after better-than-expected earnings but CEO flags uncertainty about holiday season [1396d]
• Key Words: Black Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out. [1396d]
• Living With Climate Change: Natural gas-focused methane pact expands at climate summit, minus China [1396d]
• : Kohl’s sales slowed in late October — just like Target’s and Macy’s [1396d]
• The Margin: Qatar World Cup controversy means sponsors are walking a tightrope, says branding expert [1396d]
• Commodities Corner: U.S. drivers are poised to pay highest Thanksgiving gas prices on record [1396d]
• : Nancy Pelosi steps down as leader of House Democrats after two decades [1396d]
• Key Words: Binance CEO Changpeng Zhao accuses FTX’s Sam Bankman-Fried of ‘lying’ to users and investors [1396d]
• The Margin: Taylor Swift fans complain about Ticketmaster — and a senator and an attorney general want answers [1396d]
• : New FTX bosses accuse Sam Bankman-Fried of trying to undermine company’s Chapter 11 bankruptcy proceeding [1396d]
• : Lower middle market private equity firm Riverside Co. sees growth in small portfolio companies despite recession talk [1396d]
• Earnings Results: Alibaba stock pops after earnings as cost cuts pay off [1396d]
• The Fed: Fed’s Bullard says benchmark interest rate in 5%-7% range may be needed to bring inflation down [1396d]
• The Ratings Game: Cisco provides some light amid the tech gloom as earnings show company is on ‘the road to normal’ [1396d]
• Project Syndicate: America should rethink its economic war on China [1396d]
• : This state has the best personal-finance education in the U.S. [1396d]
• Deep Dive: 18 semiconductor stocks that shine when compared with Nvidia this earnings season [1396d]
• In One Chart: This is the chart that is rattling U.S. financial markets Thursday [1396d]
• Coronavirus Update: Global tally of COVID cases rises in reversal of recent trend, led by Japan, South Korea and the U.S. [1396d]
• : Saddled with a ‘terrifying’ amount of debt, this chemical engineer slashed her six-figure student debt and is ‘loving life’ [1396d]
• Futures Movers: Oil prices on track for back-to-back losses [1396d]
• : U.K. to get rid of an electric vehicle tax break [1396d]
• The Ratings Game: Nvidia’s mixed earnings spark optimism: It’s ‘easier to suggest that the bottom for numbers is likely in’ [1396d]
• Economic Report: Housing starts fall again as high mortgage rates scare off U.S. home buyers [1396d]
• : Racial diversity in management linked to positive financial performance, new analysis shows [1396d]
• Key Words: An auditor in the metaverse. No proper tracking of cash or employees. New FTX CEO describes Sam Bankman-Fried’s haphazard management. [1396d]
• Economic Report: Philadelphia Fed’s manufacturing gauge sinks further in November [1396d]
• Economic Report: Jobless claims fall slightly to 220,000, but labor market softening [1396d]
• : Roku to cut 5% of staff in latest signal of challenging times for ad industry [1396d]
• : Carnival stock dives after private sale of $1 billion in convertible debt [1396d]
• Outside the Box: Being married to a breadwinner wife can be hard on men. Here’s how stay-at-home husbands and their working spouses can run a smooth house. [1396d]
• Need to Know: ‘Investors aren’t thinking enough about what can go right in 2023.’ Veteran manager offers five stocks to play the biggest tech theme to come. [1396d]
• Dow Jones Newswires: U.K. Chancellor Hunt unveils largest tax hikes and spending cuts in a decade [1396d]