Morning News: January 20, 2025
Saudi Crown Prince MBS Moves to Exploit Vacuum Left By Iran
Saudi Arabia Is Still Assessing BRICS Membership, Minister Says
Japan Central Bank Rate Hike Odds Could Turn on Trump Address
Chinese Investors Pile Into Bridgewater-Style Funds, Eying Trump Return
‘Which Time Were You Lying?’: The Great CEO Flip-Flop Over Trump Hits Davos
Old MAGA vs. New MAGA’s Cage Match Begins
Hildebrand Worries that Global Inflation Is Stubbornly Sticky
Is It Better to Have High Growth or Low Debt?
How Trump’s New America Compares With 2017, in 11 Charts
‘God Candle’ Suddenly Sends Bitcoin To All-Time High Price As Trump Stuns Crypto
Crypto Executives Warn Trump’s Memecoins Harm the Industry
How Mexico Is Preparing for Trump’s Promises of Mass Deportations
Christian Legal Group That Helped Topple Roe Shifts Fight to DEI
The Federal Work Force Grew Briskly Under Biden. It’s Still Historically Low.
Trump to Declare National Energy Emergency, Unlocking New Powers
Trump Can’t Turn Back the Clock on US Climate Emissions
Copper Market Sees Half Chance of 10% US Tariff by First Quarter-End, Goldman Says
Big Banks Quit Climate Change Groups Ahead of Trump’s Term
Los Angeles Fire Victims Turn to Prefab Homes for Quick Builds
TikTok, RedNote and the Crushed Promise of the Chinese Internet
TikTok Survives as an App too Popular to Ban
TikTok Got a Reprieve, but Americans and Chinese Are Still on RedNote
Nintendo Is Taking a Page From Sony’s Playbook With New Switch
Telefonica Appoints Marc Murtra as Executive Chair, Replaces Ousted Jose Maria Alvarez-Pallete
Does a Strong Holiday Shopping Season Mean a Better Year Ahead?
Kohl’s Shoppers Want Its New CEO to Undo What the Last One Did
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Posted by Eddy Elfenbein on January 20th, 2025 at 7:09 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 