The Brutalist Report

MarketWatch

• : The number of gig workers murdered on the job hits highest level since 2017, report says [1103d]
• Personal Finance Daily: This JPMorgan investment strategist’s side hustle is a profitable plantain business and the global labor market will lose 14 million jobs over the next five years [1103d]
• Market Extra: Regional bank ETF hits record ‘relative’ low after First Republic’s failure, but momentum is shifting to the bulls [1103d]
• : AMC CEO slams Robinhood over alert wrongly claiming theater chain had filed for bankruptcy [1103d]
• : Taser-maker Axon to take First Republic Bank’s spot in the S&P 500 [1103d]
• Key Words: Tech companies ramping up AI efforts while cutting ethics teams ‘might not be a good look,’ feds warn [1103d]
• Earnings Results: NXP Semiconductors stock rallies 5% as results, outlook top Wall Street view [1103d]
• Earnings Results: Students are turning to ChatGPT for study help, and Chegg stock is plummeting 30% [1103d]
• The Ratings Game: Comcast has reached an ‘inflection point,’ BofA says in upgrade [1103d]
• : U.S. could default on debt as soon as June 1 if Congress doesn’t increase borrowing limit, says Treasury Secretary Yellen [1103d]
• The Margin: Aerosmith is going on a farewell tour — but is this really goodbye for good? [1103d]
• The Margin: Why NBA’s Phoenix Suns are leaving millions on the table to show its games for free next season [1103d]
• Earnings Outlook: AMD faces doubts after Intel earnings: Is the bar set too high? [1103d]
• Earnings Results: Arista Networks stock falls even as results, outlook top expectations [1103d]
• Market Extra: Will the stock-market charge higher? Or will 2023 rally end in disaster? These factors that could determine your portfolio’s fate. [1103d]
• : Florida oversight board votes to sue Disney in escalation of fight with DeSantis [1103d]
• Key Words: After TOP Financial’s surge, influential meme-stock trader looks for next big opportunity [1103d]
• : Hotel-housekeeping jobs have fallen by 102,000 during the pandemic. What happened? [1103d]
• In One Chart: Why First Republic, other banks got hurt after deposits surged to $5 trillion [1103d]
• Washington Watch: What child-care proposal has a chance in a divided Congress? Here’s one that ‘could move’ [1103d]
• Key Words: ‘It is hard to see how you can prevent the bad actors from using it for bad things’: Google’s former ‘Godfather of AI’ warns of misuse after quitting tech giant [1103d]
• The Ratings Game: Monster Beverage stock on track for a record high today. Here’s what analysts like. [1103d]
• : FDIC recommends raising deposit insurance limit for business accounts after SVB, First Republic failures [1103d]
• : Biden says regulators’ actions on First Republic will ‘make sure that the banking system is safe and sound’ [1103d]
• IPO Report: J&J’s Kenvue spinoff to hit IPO market this week in the biggest deal since late 2021 [1103d]
• The Ratings Game: Exxon’s stock rally lands it on a downgrade at Goldman Sachs [1103d]
• The Ratings Game: GM’s stock is underappreciated, Morgan Stanley says as it lifts rating to buy [1103d]
• The Tell: How Fed’s Powell could spoil stock-market’s 2023 rally, according to Morgan Stanley’s Mike Wilson [1103d]
• : It’s a big ‘aha’ moment — why 50 is a wake-up call for retirement planning [1103d]
• : Lordstown Motors stock plunges over 30% after Foxconn threatens to end deal, auto maker warns of bankruptcy [1103d]
• Mark Hulbert: Are we in the beginning of a new bull market? The odds are against it. [1103d]
• Earnings Results: Global Payments stock falls as ‘surprise’ CEO transition overshadows earnings beat [1103d]
• Money Matters: This JPMorgan investment strategist’s side hustle is a profitable plantain business [1103d]
• Banking: How First Republic ended up as the second-largest bank takeover in history after Washington Mutual [1103d]
• Earnings Results: Norwegian Cruise Line stock surges after revenue more than triples, beats forecasts [1103d]
• The Moneyist: I’m 46 and a single mother. Should I empty my 401(k) to pay off my house? There’s $128,000 on the mortgage. [1103d]
• The Margin: Global labor market will lose 14 million jobs over the next five years: report [1103d]
• : New I-bonds are now officially earning 4.3% as inflation wanes, but have an attractive 0.9% fixed rate [1103d]
• The Conversation: First Republic’s failure shows need for reforming bank CEO pay [1103d]
• The Margin: Gold Medal flour recall: General Mills issues warning over salmonella presence [1103d]
• : American Airlines pilots vote ‘overwhelmingly’ to strike as contract talks continue [1103d]
• : Debt-ceiling bill to get Senate hearings, but a vote is not expected [1104d]
• : First Republic customers will keep all their money, but company’s stock is worth zero [1104d]
• Economic Report: Construction spending up 0.3% in March [1104d]
• Economic Report: U.S. manufacturers stuck in negative territory for sixth month in a row, ISM finds [1104d]
• Metals Stocks: Gold, silver climb as JPMorgan wins auction for First Republic business [1104d]
• Movers & Shakers: First Republic sinks after JPMorgan takeover; deal news lifts Iveric stock [1104d]
• Bond Report: 10-year Treasury yield ticks higher ahead of this week’s Fed meeting [1104d]
• Your Digital Self: Elon Musk and others may try, but controlling AI is an impossible mission [1104d]
• Futures Movers: Oil under renewed pressure ahead of this week’s Fed meeting [1104d]
• Michael Brush: Retail sector insiders are betting on no recession: 4 undervalued stocks they like now [1104d]
• Earnings Results: SoFi stock surges after earnings beat as personal-lending business keeps roaring [1104d]
• Outside the Box: India is using cheap Russian oil to undercut U.S. factories. Congress needs to put a stop to it. [1104d]
• : NIO stock extends bounce after April deliveries jump more than 30% [1104d]
• Need to Know: A volatile summer is coming as Fed pause, debt tussle meet. Shelter in these stocks, says strategist [1104d]
• Market Snapshot: U.S. stock futures steady after First Republic Bank becomes fourth U.S. lender to fail this year [1104d]
• NerdWallet: For many Americans, ‘revenge travel’ may become ‘regret travel’ [1104d]
• NerdWallet: What are health care sharing ministries, and can they help with expenses Medicare doesn’t pay? [1104d]
• Kelley Blue Book: As Chevy nixes its Bolt EVs, there’s just one electric car for under $30K [1104d]
• Kelley Blue Book: Those EPA range estimates for electric cars may be unreliable [1104d]
• Next Avenue: Confessions of a financial planner who’s turning 50 [1104d]
• : JPMorgan to take over First Republic after regional bank was closed [1104d]
• Dow Jones Newswires: Japan’s Astellas Pharma to buy Iveric Bio in deal worth $5.9 billion [1104d]
• Dow Jones Newswires: NEC Corp. shares surge in Tokyo after fiscal-year operating profit surges 29% [1104d]
• Dow Jones Newswires: South Korea’s exports fall for seventh straight month as chip sales plunge [1104d]