Month: February 2024

IPO: Viking Holdings

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🚢 🚢 IPO: Viking Holdings has submitted a draft registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering
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Marqeta Processes Over $1B In Volume

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🚨 🚨 Marqeta processes over $1B in volume in a single day for the first time
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Goldman: Microsoft To Reap Massive Profits

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🚨 🚨 Microsoft poised to reap massive profits from Gen-AI: Goldman Sachs
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India Posts Surprise 8.4% Surge In Growth

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🇮🇳 🇮🇳 India’s economic growth accelerated to more than 8% in the final three months of last year, beating all forecasts by economists just months before an election
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PCE As Expected

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🚨 🚨 Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago
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India Approves $15B In Chip Plant Investments

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🇮🇳 🇮🇳 BREAKING: India’s government has approved $15.2 billion worth of investments in semiconductor fabrication plants, including a Tata Group proposal to build the country’s first major chipmaking facility
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India: FMCGs Are Losing Out

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🇮🇳 🇮🇳 India–FMCGs are Losing Out: Private consumption is almost 60% of GDP yet the consumption of FMCG has been static at nearly 117 kilograms per household over the last three years, according to Kantar India
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Indian Households Spread Their Wings

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🇮🇳 🇮🇳 For the first time Indians across the country are spending more of their income on discretionary items like consumer durables than on food, a newly released household consumption survey shows

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Market Awaits Thurday’s Inflation Data

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🚨 🚨 Wall Street anxiously awaits Thursday’s personal consumer expenditures reading for January. Economists are bracing for a 0.3% monthly gain and a 2.4% year-over-year move. A higher-than-expected print could dent equities and signal that recent hot consumer price index and producer price index releases were on trend
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