Month: February 2024

Disney Buys Stake In Epic Games

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🚨 🚨 Walt Disney Co. is acquiring a $1.5 billion equity stake in Fortnite maker Epic Games Inc. as part of a collaboration involving Disney properties like Star Wars, Marvel and Avatar, the companies said Wednesday
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India Eyes $100B Investment Deal

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🇮🇳 🇮🇳 India is close to finalizing a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion over 15 years in exchange for easier trade access to the world’s most populous nation
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DAX Hits All Time Highs

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🇩🇪 🇩🇪 Deutsche: ECB unlikely to cut rates as DAX hits all-time highs, contrary to Market Expectations
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UBS: Gold Will Go Higher

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✨✨ Gold is expected to climb further in 2024 on expectations that the U.S. Federal Reserve will start cutting interest rates, UBS forecasts
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Forget Tesla

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🚘 🚗 Tesla? Forget about it. The stock of a Chinese EV company is the next “Toyota” and our Algorithm sees the stock *doubling over the next three to five years
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House Rejects Israel War Funding

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🚨 🚨 The House rejected a bill to send $17.6 billion to Israel
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Meta To Label AI Content

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🪢🪢 Meta Platforms will begin detecting and labeling images generated by other companies’ artificial intelligence services in the coming months, using a set of invisible markers built into the files, per Reuters
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China Investors Buy US ETFs

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🇨🇳 🇨🇳 Chinese investors are stampeding out of local mkt (chart) and into US-focused ETFs, creating record volumes (chart)
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Yellen Warns About Commercial Real Estate

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🇺🇸 🇺🇸 The Treasury chief told lawmakers on Capitol Hill today: “Commercial real estate is an area that we have long been aware could create financial stability risks or losses in the banking system”
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