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Buffett 🤝 Call Her Daddy
Nike investors are poppin’ bottles on news of a new CEO, while Warren Buffett and Alex Cooper are working together to make SiriusXM great again. FedEx isn’t delivering packages, earnings, or anything else, and the nation’s second-largest homebuilder struggles to monetize its market.
Inflation Is Getting Boring
Wednesday's inflation report was spicier than the last level of Hot Ones. Thursday’s inflation report was the tall glass of milk you get at the end to stop the crying and humiliation. The August PPI report just dropped, giving us a glimpse into the wholesale side and (potentially) the direction of CPI going forward.
Creativenomics
It’s a great day to be a tree and a terrible one to be Dwight Schrute as Docusign continues to win the war against paper. Plus, Nio’s quarterly report shows the EV market is still going strong... for rich people. Meanwhile, chip stocks took a dive, and Tesla got hammered to celebrate a strong week.
