Michael Goodman

• Markets

  Midday Market Brief: Slugged by Salesforce

  

  The Dow is lower because of a rough outlook from the business-software giant, but the broader market is hanging tough.

  1 min read
• Markets

  Midday Market Brief: Nvidia Can’t Do All the Work

  

  The chipmaker was flat on Wednesday, and the other 499 stocks in the S&P 500 didn’t have enough oomph to drive the market higher.

  1 min read
• Markets

  Midday Market Brief: The Nasdaq Touches a New High

  

  Investors are getting activated after a long weekend, but they were still able to push the tech-heavy index to a new peak.

  2 min read
• Semiconductors

  China Raises $47 Billion to Stoke the Global Semiconductor Arms Race

  

  China’s DIY solution dovetails with what the West has been doing itself with huge government subsidies for manufacturing.

  1 min read
• Regulation

  Taylor Swift’s Eras Tour Might Have Broken Up Live Nation

  

  The Justice Department alleges violations of antitrust laws by maintaining a monopoly in the event-ticketing industry.

  1 min read
• Inflation & Prices

  Fed Official Hints That Future Rate Hikes Are Off the Table

  

  Christopher Waller said that the high interest rates may finally have the fight against inflation back on track.

  2 min read
• Blockchain

  Grayscale’s CEO Steps Down as Investors Bail on Bitcoin Fund

  

  Grayscale’s ETF charges a fee of 1.5%, while many of its rivals have continuously slashed fees down to almost nothing.

  1 min read
• International Economics

  Bargain-Hunting Investors Are Bidding Up UK Stocks

  

  UK stocks have been outperforming US stocks on a broad index-based level for the past seven weeks, but this isn’t a case of a UK renaissance.

  2 min read