Month: February 2024

China’s Largest Carmaker Launches Satellites

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🛰️ 🛰️ Eleven satellites made by Geespace, a subsidiary of Zhejiang Geely Holding Group Co., lifted off aboard a Long March CZ-2C rocket from the Xichang Satellite Launch Center in Sichuan province on Saturday at 7.37 a.m. local time, state broadcaster CCTV reported
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Special Report: Self-Navigating Ships

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🚢 🚢 The shipping industry is eyeing the artificial intelligence wave, and self-navigating vessels could be on the horizon
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CNY: Chinese Pork Demand Remains Weak

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🐷 🐷 Pork demand in China has been sluggish for months in China, but its continued weakness even as the country approaches peak season for elaborate CNY meals sends a powerful message about consumption and oversupply in the world’s second-largest economy, as wage declines hit households and weigh on consumer prices
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Apple: We Did Warn You

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🚨 🚨 On 31 Jan We Warned In Our Newsletter That Apple Would Climb And Did Not Need To Sell iPhones. On Friday Apple stock surged above $185
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This Is Not A Normal Bull Market

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🚨 🚨 This Is Not A Normal Bull Market: When a secular trend like AI kicks in, valuation analysis stops working because companies have years or decades to grow into multiples, according to Ankur Crawford, co-manager of the Alger Capital Appreciation fund
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BMW Looks To India

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🇩🇪 🇩🇪 BMW is planning to grow in India’s nascent electric car market as it looks to win over affluent consumers in the world’s most-populous nation amid a clean energy push
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US Retaliates

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🚨 🚨 The US launched airstrikes against Iranian forces and militias in Syria and Iraq as retaliation for the drone attack that killed three American soldiers, pulling the Biden administration even deeper into a conflict
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Meta: Biggest Single Day Gain In History

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🪢🪢 Meta has added $205 billion in market cap today making it the biggest single day gain in history
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US Exceptionalism Rules

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🇺🇸 🇪🇺 The US is currently seeing the widest gap between S&P 500 current earnings yield and MSCI Europe Index ever
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Special Report: Self-Navigating Ships

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🚢 🚢 Special Report: The shipping industry is eyeing the artificial intelligence wave, and self-navigating vessels could be on the horizon
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