✂️ 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.
📈 Wells Fargo is levered to the tits for 2025, issuing its most bullish forecast for the S&P to date.
⚖️ A Delaware judge killed Elon Musk’s vibe, calling his $56 billion pay package “excessive” even after shareholders voted to approve it.
💀 Chegg’s getting schooled by ChatGPT, with shares down 98% since 2021—turns out no one pays for old-school cheating anymore. Meanwhile, Advance Auto Parts got its credit downgraded to junk; turns out debt is their least favorite part.
💸 October inflation looked like the Tyson/Paul fight—objectively bad, but we’ve seen much worse. Find out how spending and incomes held up blew, too.
