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Market Briefing For Wednesday, April 17
Article By:
Gene Inger
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Wednesday, April 17, 2024 4:19 AM EDT
It's still about Oil, so follow the money. There's concern of an attack on Iranian Oil loading facilities.
Israel is essentially 'saying' they're locked & loaded; may be bravado for now.
Market Briefing For Tuesday, April 16
Article By:
Gene Inger
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Tuesday, April 16, 2024 5:42 AM EDT
Economic factors excessively play into the calculus being assessed right now, both in Tel Aviv and in Washington, and mostly it involves money and oil.
Baltimore Bridge Collapse Has East Coast Ports On Alert For Cargo Diversions
Article By:
Tyler Durden
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Monday, April 1, 2024 8:35 AM EDT
Shipping data shows 29 bulk cargo, container, and vehicle carriers were anchored outside ten major US ports up and down the East Coast on Saturday, compared with an average of 18. Currently, companies are scrambling to divert cargo from Baltimore.
Assessing The Fallout Of The Baltimore Bridge Collapse On The Energy Market
Article By:
Robert Rapier
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Monday, April 1, 2024 8:20 AM EDT
The recent collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has caused a temporary halt to all shipping traffic from the Port of Baltimore. A reader recently asked me how this might impact the energy markets.
U.S. And UK Probing $20 Billion In Crypto Transactions On Russian Exchange
Article By:
Benson Toti
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Thursday, March 28, 2024 4:10 PM EDT
The UK and US are reportedly probing $20 billion in Tether (USDT) transactions via Russia-based Garantex.
Hermès Lawsuit Attacks Luxury’s FOMO Premium
Article By:
Lipper Alpha Insight
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Thursday, March 28, 2024 10:15 AM EDT
The $274 billion luxury house Hermès International might be a little too exclusive. In a lawsuit filed last week, two California shoppers allege that the brand violates U.S. antitrust law.
Stocks Set To Close Blowout Week, Month And Quarter At All-Time High; Gold Soars To Record
Article By:
Tyler Durden
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Thursday, March 28, 2024 9:23 AM EDT
Stock futures are pointing to a flat open on the last trading session of the week, month, and quarter, following a late-session spike that took the S&P 500 to yet another record.
These DAX Index Stocks Surged In The First Quarter
Article By:
Invezz
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Thursday, March 28, 2024 5:56 AM EDT
The DAX index had a great performance in the first quarter of the year as global stocks roared back. It soared by more than 26% this year, reaching a record high of €18,477. Most recently, the index has risen in the past eight straight weeks.
In this article: DAX
Great Wall Motors Enters Indonesian Market: Leading In Southeast Asian EVs
Article By:
EqualOcean
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Thursday, March 28, 2024 4:58 AM EDT
Great Wall Motors unveiled on March 26 that two of its models, the Tank 500 and Haval H6, have been officially introduced to the Indonesian market. This strategic move signifies a significant milestone in Great Wall Motors' expansion in Indonesia.
Market Briefing For Tuesday, March 26, 2024
Article By:
Gene Inger
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Tuesday, March 26, 2024 3:49 AM EDT
Government antitrust overreach is being seen as a concern by markets, at the same time few are disturbed by existential threats of artificial intelligence.
United States V Apple
Article By:
Shelly Palmer
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Friday, March 22, 2024 11:30 AM EDT
The U.S. Department of Justice (DOJ) has filed an antitrust lawsuit against Apple, alleging that the tech giant has unlawfully monopolized the smartphone market to the detriment of consumers, developers, and competitors.
In this article: AAPL
Market Hears A Dovish Fed And Sells The Greenback
Article By:
Marc Chandler
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Thursday, March 21, 2024 8:37 AM EDT
The Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia before profit-taking emerged. That created a new dollar selling opportunity in early European turnover.
Amazon And SpaceX Are Both Fighting In Court To Have The National Labor Relations Board Abolished
Article By:
Robert Reich
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Sunday, March 17, 2024 5:05 AM EDT
Jeff Bezos’s Amazon and Elon Musk’s SpaceX are both fighting in court to have the National Labor Relations Board declared unconstitutional. Starbuck’s and Trader Joe’s joined them in separate lawsuits.