The Peel
Peel back the markets in 5 minutes
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🚗 JPow wants the economy to grow faster than Ricky Bobby. And in Q3, it sure did, but not for the best reasons. Find out how what drove Q3 GDP growth below.
🏆 It’s the Platinum Banana Award for Investor of the Year! The drama, the numbers, the tweets—this year’s winner left their mark on Wall Street like never before.
🍌 The Platinum Banana Awards are back. Wall Street’s most prestigious annual award show kicks off today, starting with the 2024 CEO of the Year.
🛩️ UFO sightings are carrying shares in drone makers while Tesla jumps on a fresh analyst upgrade. Super Micro is becoming the Boeing of the tech sector, and Nvidia investors are starting to size up the company’s issues.
✂️ Trump is looking to trim some proverbial meat off the governmental bone by cutting employees.
💰 Traders taking some profits ahead of the Christmas holiday with equities up almost 30% YTD.
📊 CPI numbers came in-line with expectations, leading to a party for equities and the Nasdaq crossing 20,000 for the first time ever.
📈 Goldman CEO David Solomon is predicting a massive rebound in IPO and M&A activity for 2025.
💻 Nvidia dragged the market down on reports that the chipmaker is being investigated for violating anti-monopoly laws.
🎶 Get the inside scoop on the music industry clash between UMG, Spotify, and Drake.
📉 Markets cooled off a bit Thursday after starting the Santa Claus rally early this year.
📈 Stocks took the hint from Jay Powell’s remarks at a New York Times event and continued marching higher.
