August 29, 2024 Crossing Wall Street
Morning News: August 29, 2024
Why Ethiopia’s Bid for Red Sea Access Angers Somalia
China Oil Majors Paint Bleak Picture for Demand in Top Importer
Risks to US Job Market Start to Emerge in Regional Fed Surveys
King Dollar’s Softening Is Good News for Nearly Everyone
Most-Hated Credit Trade Turns Into a Big Winner for Hedge Funds
Warren Buffett’s Berkshire Hathaway Hits $1 Trillion in Market Value
Star Fund Manager’s Free Rein at Wamco Backfired for Franklin
‘Nvidia Day’ Inspires Watch Parties and Memes, but the Fanfare Doesn’t Last
When 50% Margins No Longer Impress, You’re Nvidia
Nvidia Tumbles After Disappointing Forecast, Blackwell Chip Snags
Telegram Founder Charged With Wide Range of Crimes in France
Can China Tech Find a Home in Silicon Valley?
ASML’s China Chip Business Faces New Curbs From Netherlands
US Snowboard Champ Pitches Green Shipping for Maersk
Lithium Startups Bet on High Demand in Battery-Powered Future
Polestar Posts $242 Million Loss Amid EV Demand Slowdown
How America Can Break Its Highway Addiction
Mars’ $36 Billion Deal Faces Tough Review by Lina Khan’s FTC
Dollar General Plunges as Core Customers Feel Budget Crunch
At Costco, Shopping for Clues About Consumers
Australian Winemaker to Benefit as China Uncorks Imports
Absolut Vodka Maker Pernod Ricard Expects Challenges in U.S., China to Persist
Private Equity Is Coming for Youth Sports
Asics to Exit Baseball Business to Focus on Cult Hit Sneakers
Birkenstock Hits Its Stride After Stumbling Earlier in the Year
He Raised Disney Park Prices—and Fans Still Love Him. Now He’s on the CEO Shortlist
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Posted by Eddy Elfenbein on August 29th, 2024 at 7:03 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
