Wednesday, February 21, 2024

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Up 2% as Nvidia Powers Global Rally: Markets Wrap

[Reuters] Japan's crazy 1980s bubble a dim memory as Nikkei hits record high

[Yahoo/Bloomberg] China Stock Rally Takes Breather as Traders Weigh Support Steps

[Yahoo/Bloomberg] Oil Holds Near Upper End of Range on Signs of Tighter Market

[Yahoo/Bloomberg] Iran-Backed Houthis Prepare for Long Battle With US in Red Sea

[Reuters] Cellular outages hit thousands in US, AT&T users most affected

[Dow Jones] Jobless claims drop 12,000 to 201,000 in Feb. 17 week

[Yahoo/Bloomberg] Private Credit Pushes Into Banks’ Infrastructure Lending Turf

[Reuters] US farmers face harsh economics with record corn supplies in silos

[Yahoo/Bloomberg] China ‘Quant Quake’ Resembles 2007 US Meltdown, Man Group Says

[Yahoo/Bloomberg] Quant Models Went Haywire as Chinese Stocks Crashed and Rallied

[Reuters] Chinese hedge funds struggle to calm investors amid losses, regulatory pressure

[Yahoo/Bloomberg] China’s Property Foreclosures Surge as Growth Slows

[Reuters] Taiwan chip firms flock to Japan as China decoupling accelerates

[Yahoo/Bloomberg] Japan’s Manufacturing PMI Falls to Lowest Since August 2020

[Yahoo/Bloomberg] ECB Posts Its First Loss Since 2004 After Barrage of Rate Hikes

[Reuters] Putin sends signal to West with flight on nuclear-capable bomber

[NYT] Leaked Files Show the Secret World of China’s Hackers for Hire

[WSJ] California Gets Another Budget Deficit Shock

[FT] Pirates targeting ships diverted from Red Sea, warns UN shipping chief

[FT] ‘They are among us.’ Russia’s terrifyingly effective poisoning operation

Wednesday Evening Links

[Reuters] S&P 500, Dow close slightly up; Nvidia gains after the bell

[Reuters] Nvidia forecasts first-quarter revenue above estimates

[AP] Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months

[Yahoo Finance] Fed officials worried about 'the risks of moving too quickly' on rate cuts: Minutes

[Reuters] S&P expects US real GDP growth of 2.4% in 2024

[Yahoo/Bloomberg] JPMorgan’s Kolanovic Bucks Consensus by Seeing Stagflation Risks

[Reuters] Exclusive: Iran sends Russia hundreds of ballistic missiles

[FT] US Federal Reserve officials were wary of cutting interest rates too quickly

Wednesday Afternoon Links

[Reuters] Nasdaq tumbles ahead of AI-darling Nvidia's results, Fed minutes 

[Yahoo/Bloomberg] Oil Fluctuates as Tight Supplies Vie With Broader Risk-Off Mood

[Reuters] Fed concerned about cutting rates too soon, minutes of Jan. 30-31 meeting show

[CNBC] Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

[Yahoo/Bloomberg] Fed’s Barkin Says Inflation Data Show Persistent Price Pressures

[Yahoo/Bloomberg] Fed’s Bowman Says That Time for Rate Cut Is ‘Certainly Not Now’

[Reuters] US labor strikes jump to 23-year high in 2023

[Yahoo/Bloomberg] Los Angeles Area on Alert for Flash Floods: Weather Watch

[Reuters] Chinese hedge funds struggle to calm investors amid losses, regulatory pressure

[NYT] China’s Rush to Dominate A.I. Comes With a Twist: It Depends on U.S. Technology

[NYT] Silicon Valley Venture Capitalists Are Breaking Up With China

[WSJ] Looting all but halts Gaza aid deliveries as law and order nears collapse

[WSJ] White House moves to defend US ports from Chinese cyber threat