Public Markets 3h Briefing
×Market Overview
The Nasdaq wsj.com bounced back following news of a deal between AMD and Meta on AI chips. Boston Beer wsj.com saw lower fourth-quarter revenue, with potential impacts from shifting tariff policies. Cava reported a 21% revenue rise wsj.com due to higher prices and new restaurant openings.
Company News
Lucid Group wsj.com experienced revenue growth in its fourth quarter and plans to increase EV production. HP lowered its fiscal-year expectations due to memory prices wsj.com. Workday wsj.com guided for slower subscription revenue growth amid concerns about AI's impact. First Solar posted a higher profit but issued revenue guidance below expectations wsj.com.
Deals & Finance
Core Weave seeks an 8.5 billion dollar loan bloomberg.com from banks, including Morgan Stanley, backed by a deal with Meta Platforms. Wisdom Tree bloomberg.com received SEC approval for a 24/7 tokenized money market fund. An Efune consortium ft.com is trying to outbid for Telegraph Media Group.
Macro & Policy
A new revision to Japan's corporate governance code bloomberg.com may unlock $840 billion in cash, potentially boosting the stock market. Bond traders bloomberg.com are betting on Federal Reserve rate cuts extending into 2027. Federal Reserve Bank of Boston President Susan Collins indicated rates are likely to remain unchanged "for some time" due to recent economic data bloomberg.com.
AI & Tech
An AI prediction bloomberg.com triggered a stock market selloff. The AI-induced tech selloff wsj.com is affecting potential IPOs. A recent report rattled Wall Street ft.com regarding AI's impact.
Other News
A senior US senator opened an inquiry into Binance bloomberg.com following reports of its involvement in alleged violations. Brands spent bloomberg.com significant sums on Super Bowl commercials. A solo Bitcoin miner nabbed $200K finance.yahoo.com after renting hash power. Shein's founder ft.com has emerged.