The Brutalist Report

MarketWatch

• Market Extra: WeQuit: WeWork bonds sink after top executives resign from cash-burning company [1071d]
• Dow Jones Newswires: South Korea’s inflation eases to 19-month low [1071d]
• Currencies: Debt-ceiling worries fade. Can the U.S. dollar keep its rebound alive? [1071d]
• Project Syndicate: America’s debt-ceiling debacle is far from over [1071d]
• Lawrence G. McMillan: The stock market is finally showing positive signs — unless it’s just another head-fake [1071d]
• Market Extra: Monthly jobs data is driving large swings in U.S. stocks this year. Will it happen again on Friday? [1071d]
• Personal Finance Daily: Freddie Mac says ‘demand is likely to weaken’ as mortgage rates rise to highest level in six months and banks are raking in billions of dollars from overdraft fees [1071d]
• Economic Report: Bank borrowing from Fed rises slightly to $97.6 billion as financial stress lingers [1071d]
• Earnings Results: SentinelOne stock plummets more than 30% as annual guidance slashed after revenue miss [1071d]
• Earnings Results: Broadcom stock slips as strong earnings, outlook follow recent highs [1071d]
• Earnings Results: Zscaler results, outlook top Street view, but shares slide amid tough cloud-software environment [1071d]
• Earnings Results: ChargePoint guides for lower sales, stock falls more than 8% [1071d]
• : How to win a bidding war on an in-demand house, according to real-estate mogul Barbara Corcoran [1071d]
• Crypto: Crypto helps fund fentanyl trade, says Sen. Elizabeth Warren, calling for strict regulation [1071d]
• Earnings Results: PagerDuty’s stock dives 17% on tepid annual revenue guidance amid an uncertain economy [1071d]
• : Dell stock jumps after early earnings release shows largest sales decline on record, but still beats expectations [1071d]
• Commodities Corner: Dr. Copper’s weak performance suggests more economic woes ahead [1071d]
• : Americans are holding ‘billions of dollars’ in uninsured accounts, federal agency warns. Here’s what you can do about it. [1071d]
• ETF Wrap: Tech-related ETFs post huge 2023 gains with boost from AI hype, but some big ones still are left with outflows [1071d]
• : Too much debt coming due and not much cash on hand: These 10 companies face a rough year ahead [1071d]
• The Margin: NBA Finals: What is the schedule, start times and which team is the favorite? [1071d]
• : Medicare unveils plan for coverage of new Alzheimer’s drugs [1071d]
• Key Words: Nvidia CEO feels ‘perfectly safe’ sourcing from Taiwan’s TSMC amid China tensions [1071d]
• Financial Crime: Retired doctor known as the ‘yellow man’ sentenced for selling toxic chemical as weight-loss drug that killed customer [1071d]
• : Nike is coming back to Macy’s after being benched for the past year and a half [1071d]
• : U.S. car sales are stronger than a year ago, but rising interest rates could hit demand [1071d]
• Earnings Results: Hormel stock pops after profit beat, as actions to improve the Planters business worked [1071d]
• : Banks are raking in billions of dollars from overdraft fees. Now, for the good news. [1071d]
• The Number One: Pride Month: These are the 5 most LGBTQ-friendly states in the U.S. — and the least [1071d]
• Economic Report: Mortgage rates rise to highest level in six months. ‘Demand is likely to weaken,’ Freddie Mac says. [1071d]
• : Meta teases new Quest 3 VR headset as Apple gears up for a launch of its own [1071d]
• The Ratings Game: CrowdStrike bulls are out in full force as stock slips: ‘Things are still in very good shape’ [1071d]
• Earnings Results: Dollar General’s stock tumbles toward its worst day ever after missing earnings views, cutting outlook [1071d]
• Key Words: Bitcoin and ether may be better bets than JP Morgan stock on a risk adjusted basis, says Michael Novogratz [1071d]
• The Margin: Baseball legend Alex Rodriguez’s new pitch: Raising awareness about gum disease [1071d]
• Metals Stocks: Gold prices climb after U.S. House passes debt ceiling bill and as traders digest jobs data [1071d]
• : Debt-ceiling deal’s work requirements and spending caps would hurt poor people, advocates warn [1071d]
• The Ratings Game: C3.ai stock plummets as some say company isn’t capitalizing enough on the AI frenzy [1071d]
• Need to Know: 10 stocks that will benefit from higher earnings on company cash, and 10 that have a debt problem [1071d]
• What's Worth Streaming: Here’s everything new coming to Netflix in June 2023 — and what’s leaving [1071d]
• What's Worth Streaming: Here’s what’s coming to Hulu in June 2023 — and what’s leaving [1071d]
• Economic Report: U.S. labor productivity in the first quarter was not as weak as initially reported [1071d]
• Economic Report: Jobless claims inch up to 232,000, but no sign of major layoffs [1071d]
• What's Worth Streaming: Here’s everything new coming to Amazon’s Prime Video in June 2023 [1071d]
• Economic Report: U.S. private sector has strong job growth in May, ADP says [1071d]
• The Margin: Free doughnuts? National Donut Day deals from Dunkin, Krispy Kreme and more [1071d]
• Commodities Corner: Why OPEC+ will have a hard time surprising the oil market this weekend [1071d]
• Futures Movers: Oil falls after industry data shows rise in crude inventories [1071d]
• Brett Arends's ROI: Could too little sex lead to dementia? Maybe, suggests a new study [1071d]
• Earnings Results: Macy’s sales fall short and company lowers full-year guidance to reflect challenged consumer [1071d]
• Outside the Box: Bank stocks have dodged a bullet. They may not be so lucky next time. [1071d]
• : Nio’s stock tumbles toward 3-year low after May deliveries fall [1071d]
• Dow Jones Newswires: Eurozone inflation dipped more than expected in May to 6.1%, in boost for ECB [1071d]
• Bond Report: Treasury yields firmer as traders eye looming jobs data [1071d]
• Encore: Almost half of today’s working households are at risk of a lower standard of living in retirement [1071d]
• Movers & Shakers: Earnings results see Nordstrom climbs, Victoria’s Secret, CrowdStrike and AI group C3.ai slump [1071d]
• NerdWallet: How pay transparency laws affect small businesses [1072d]
• NerdWallet: How to make the most of your money if you’re single [1072d]
• Livability: Five college towns worth staying in after graduation [1072d]
• Next Avenue: It’s not impossible to save for retirement: Here’s how even low-wage workers can build a nest egg [1072d]
• The Moneyist: ‘How to travel for free and get your friends to foot the bill’: I spent $500 hosting my friend for a week. Should I tell her she used me? [1072d]
• Market Snapshot: Stock futures struggle to make headway as traders turn attention to jobs data [1072d]
• Dow Jones Newswires: China’s Caixin manufacturing PMI returns to expansion in May [1072d]
• MarketWatch First Take: Nvidia created an AI bubble, and software stocks are already paying the price [1072d]
• : Meta threatens to block news stories in California if journalism bill passes [1072d]