Morning News: November 11, 2024
ADB Increases Climate Finance After US, Japan Give World’s First Sovereign Guarantees
Trump Win Upends the Fight for Climate Cash at COP29
Trump Will Bury ESG, But It Was Already Dead
China Nears Record $1 Trillion Trade Surplus as Trump Returns
As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China
How Trump Divides Chinese Who Aspire to Democracy
Here’s What Trump’s Return Means for US Sanctions Policy
The White House Will Be Shedding Its Union Label
Mortgage Rates Fell, Then Rose. What Comes Next?
Trump Expected to Narrow Treasury Chief Options by Week’s End
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Bond Market on Risky Path as Traders Regroup From Wild Week
Bitcoin Soars Above $82,000 as Trump Win Boosts Crypto Prospects
Wall Street Math Wizards Are Decoding Private-Market Returns
Hedge-Funds Hit by ‘Arbageddon’ Sense Brighter Future After Trump Win
Hedge Funds Shorting Tesla Just Lost More Than $5 Billion
Carvana Delivers Agony and Ecstasy for Hedge Funds
FTX Sues Binance, Ex-CEO Zhao Seeking $1.8 Billion Clawback
Harris Tech VC Boosters Seek the Industry Silver Lining in Her Loss
Adnoc Gas Expects Earnings Boost From Rising Gas Demand
Resolute Mining CEO, Two Other Employees Detained by Officials in Mali
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
Talabat Eyes IPO That May Value It More Than Delivery Hero
A New Streaming Customer Emerges: the Subscription Pauser
Buying Shoes at Macy’s Isn’t Fun. Its New CEO Is Trying to Change That.
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Posted by Eddy Elfenbein on November 11th, 2024 at 7:05 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.
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The S&P 500 came close to a new all-time high but fell just shy at the closing bell.
Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes
Latest stats. 84.6% of companies reported have beaten EPS estimates and 97.2% of companies reported have beaten revenue estimates, while 76.9% have beaten both EPS and Revenue.
In 1997, Amazon closed its first day of trading at $18 per share. Adjusted for splits, that's 7.5 cents per share. The stock just hit a new ATH this morning of $235.43.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 