Morning News: February 26, 2024

Bank of England Builds ‘Proactive Case’ to Regulate Non-Banks

EU Adopts Euro Instant Payments Rules to Take on Visa, Mastercard

What Happened When Saudi Arabia Took its Money and Influence to Miami

Treasury Markets Are Losing Their Shock Absorber

Stocks Take a Breather at Start of Data-Rich Week

When High-Yield Savings Accounts Come With an Asterisk

China’s Quant Clampdown Risks Damaging Fragile Markets for Years

Jack Ma-Backed Ant Outbids Citadel Securities for Credit Suisse’s China JV

Goldman, Morgan Stanley Backstop Riskiest Slices of CLOs

Berkshire Set to Close In on $1 Trillion Valuation After Results

Risk Models Behind World’s Best Hedge Fund Strategy Are Getting a Lot Harder to Crack

Genesis Faces Unlikely Bankruptcy Foe: Its Own Parent Company

Cathie Wood Sells Into Nvidia Frenzy Again, Cuts TSMC Stake

AI Is Exploding Data Center Energy Use. A Google-Created Technique May Help

Top Global Energy Traders Face Multi-Billion Cash Quandary

Can a Tech Giant Be Woke?

AT&T Will Give $5 to Customers Hit By Cellphone Network Outage

Intuitive Machines Sinks on Concerns Lander Tipped on Moon

Tech Splits Ad Companies’ Fortunes in Two

BYD’s New $233,450 EV Supercar to Rival Ferrari, Lamborghini

Li Auto Forecasts Softer Sales After Posting Surge in Quarterly Revenue, Profit

Norfolk Southern Seeks to Thwart Activist With New Board Picks

Temu’s U.S. Entry Is an Orange Flag for Etsy

Adidas Is Dropping a New Batch of Controversial Yeezy Shoes on Digital Channels

Cigarettes Are Losing Their Hold on the Nicotine Fix

Giving Big, a California Couple Gets Gratitude and Scrutiny

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Posted by on February 26th, 2024 at 7:03 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.