The Brutalist Report

MarketWatch

• : Virgin Galactic could open up space to ‘everyday people’ says former NASA astronaut [1120d]
• Earnings Results: Micron CEO calls bottom in memory-chip market, but weak PC, smartphone forecasts cut into expected AI gains [1120d]
• : California Supreme Court agrees to hear Prop. 22 appeal after ruling favoring Uber, Lyft [1120d]
• Personal Finance Daily: DoorDash doubles down on ‘earn by time’ and millionaires are doing something unusual to preserve their wealth — which you can do [1120d]
• : Fed stress tests see large banks able to handle recession and slide in commercial real estate prices [1120d]
• : Overstock will bring back Bed Bath & Beyond’s loyalty program after scooping up website, data in bankruptcy process [1120d]
• : Amazon Prime Day is coming in July. Here’s who else will be offering deals. [1120d]
• : After ‘transformative’ year, Roivant aims to challenge bigger rivals in inflammation and immunology [1120d]
• : U.S. ‘very stridently’ asking Russia for better access to detained reporter Evan Gershkovich, White House says [1120d]
• : Joby Aviation’s stock takes off after maker of electric air taxis gets one step closer to commercial flights [1120d]
• : Carnival’s stock sails toward a record monthly gain [1120d]
• In One Chart: Apple’s march toward a $3 trillion valuation, shown in one chart [1120d]
• Market Extra: Corporate bankruptcies are speeding up to recession levels as the Fed’s rate hikes take a toll [1120d]
• Washington Watch: Congressional Budget Office paints grim long-term U.S. deficit picture [1120d]
• Market Extra: Why stock-market bulls see small-caps shaking off bank worries to take rally baton [1120d]
• Front Office Sports: Trio of Hollywood stars front $220 million investment into Alpine F1 team [1120d]
• : Ride-share industry has entered a ‘post-recovery’ phase, but Uber can still put up solid growth, analyst says [1120d]
• Front Office Sports: Lululemon desperately wants out of the struggling connected fitness space [1120d]
• : In ‘Bidenomics’ address, president touts economic record ahead of 2024 election [1120d]
• : Will religious employees have to work on Sundays? Supreme Court ruling is expected soon. [1120d]
• Crypto: Cathie Wood’s Ark made this change to its bitcoin ETF filing. Here’s why it matters [1120d]
• Banking: Jefferies shares rise as CEO hails ‘green shoots’ in deal making [1120d]
• : ‘We’ve never seen this before’: Millionaires are doing something unusual to preserve their wealth — and you can do the same [1120d]
• : DoorDash worker gets $10,000 gift from the company: ‘I almost started crying’ [1120d]
• : Xponential Fitness stock soars after CycleBar, StretchLab parent denounces short-seller report [1120d]
• Outside the Box: Bank failures now happen at warp speed. The Fed needs to do more to stop them. [1120d]
• Econofact: The banking crisis has eased but a credit crunch still threatens the U.S. economy [1120d]
• : Nvidia stock falls back after CFO says no ‘immediate material impact’ from wider China AI chip ban, but warns of ‘permanent loss of opportunities’ [1120d]
• Financial Crime: California man sentenced to nearly seven years in $9 million cow-poop Ponzi scheme [1120d]
• : DoorDash doubles down on ‘earn by time,’ which gives delivery workers option of guaranteed minimum pay [1120d]
• Deep Dive: This may be your best way to make money with S&P 500 Dividend Aristocrat stocks [1120d]
• : Women’s 401(k)s balances are shockingly lower than men’s, new research says [1120d]
• The Fed: Powell and other central bankers vow to keep fighting inflation until there is evidence of success [1120d]
• : Why retirement savers need the Supreme Court to uphold the student-loan forgiveness plan [1120d]
• Cannabis Watch: Customer donations at cannabis shops may help fund new super PAC called Legalize America [1120d]
• : Those extra pandemic savings are now wiped out, Fed study finds. [1120d]
• : The Fed’s been hawkish even as CPI recedes. Bernanke helps explains why. [1120d]
• : Catholic Church’s stance on AI ethics: Technology should be ‘at the service of humanity’ [1120d]
• Economic Report: U.S. trade deficit in goods falls 6% on weaker consumer demand for imports [1120d]
• The Ratings Game: Nvidia stock selloff presents a ‘buying opportunity,’ analysts say as they shrug off China fears [1120d]
• The Ratings Game: Netflix stock gets another $500 price target, as lowest-priced plan is phased out [1120d]
• : ‘The Airbnb collapse is real.’ Rental revenue has halved in some parts of the U.S., says this chart [1120d]
• Market Extra: July has been a top month for stocks. Here’s what it will take for the market to rally again this summer [1120d]
• Metals Stocks: Gold falls to fresh 3-month low, nearing $1,900 per ounce [1120d]
• Earnings Results: General Mills’ stock slides 6% as profit falls sharply and sales miss consensus in latest quarter [1120d]