Morning News: October 27, 2025
Posted by Eddy Elfenbein on October 27th, 2025 at 7:05 am

Argentina Bonds Surge After Milei Landslide Win

Japan Deals With the Price of Playing to Trump: $550 Billion

Trump Says He Won’t Resume Canada Trade Talks ‘For a While’

As This President Tours Asia, Democracy’s Ideals Aren’t on the Agenda

Latest US-China Trade Truce Leaves Fundamental Issues Unresolved

The ‘Sleeper Issue’ at the Heart of Trump’s Trade War on China

Amazon Settlement Signals Broad Antitrust Battle for Trump

Strains in Short-Term Markets Raise Urgency of Fed’s Balance Sheet Debate

Jerome Powell’s ‘We Could Have Stopped Sooner’ Isn’t Good Enough

Bessent Names Fed Chair Finalists Ahead of Year-End Decision

Huntington Reaches $7.4 Billion Deal to Buy Cadence Bank

Deutsche Bank’s DWS Joins Rivals in Setting Up Abu Dhabi Office

Ten Things That Warren Buffet Does Differently

Private Jets and Car Washes Are the Latest Tax Shields for the Ultrarich

See How the Average U.S. Worker Has Changed Over 250 Years

‘No Idea How Long People Can Hold Out’: Federal Workers Feel Brunt of Shutdown

More Big Companies Bet They Can Still Grow Without Hiring

The Tyranny of the Low-Quality Job

Boeing Defense Workers Reject Latest Contract

French Fund Renews Backing for World’s Largest Green Steel Plant

America’s Hottest New Investment: Rare-Earth Companies

The US Shouldn’t Need Another Warning on Rare Earths

How Trump Pressures the World Into Burning More Oil and Gas

Saudi Arabia, Rich With Oil, Wants to Be Known as the A.I. Exporter

Big Tech Makes Cal State Its A.I. Training Ground

AI Bubble? The Real Danger Is Tight Credit Spreads

Microsoft Plays ‘Me Too’ Again to OpenAI on AI Browser

Ford’s F-150 Chokepoint Shows the Limits of the Trade War

Cigna Will End Drug Rebates in Many Private Health Plans in 2027

‘Yellowstone’ Creator Taylor Sheridan to Leave Paramount for NBCUniversal

Condé Nast’s Strategy for Media’s New Normal: Glam Events and Paywalls

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Morning News: October 24, 2025
Posted by Eddy Elfenbein on October 24th, 2025 at 7:02 am

India’s Most Valuable Export: Tens of Millions of Workers

Has Argentina Really Changed? Soon, We Will Find Out

Ranchers are Furious About Trump’s Plan to Lower Beef Prices

Argentine Beef Imports Would Betray US Ranchers

Russia’s Oil Business Takes a Hit From Fight Between Top Traders

No Matter What, China’s “Rare Earths” Will Flow to the United States

Gold’s Next Move May Be Determined by Latecomers to Rally

Trump Terminates Trade Talks With Canada Over Reagan Tariff Ad

Trump Is Turning the White House Into a Golden Goose

American ‘State Capitalism’ Is Destined for Failure

Mr. President, Tear Down These Economic Distortions!

Fed’s Portfolio Unwind Gains Urgency as Markets Flash Warnings

Forget Tax Brackets, the IRS Owes Us Tax Clarity

JPMorgan to Allow Bitcoin and Ether as Collateral in Crypto Push

NatWest Profit Jumps as It Upgrades 2025 Guidance on Loan Growth

Distant ICE Detention Centers Bring Money—and Anger—to an Alaska Native Community

Fighting Real Estate Fraud to Protect the American Dream

Companies Have Shielded Buyers From Tariffs. But Not for Long.

Military Tech Companies, Long Snubbed in Europe, Are Having a Moment

VC Firms Lean on AI for More Than Just Returns

The Dark Side of the AI Boom Is It’s Masking Weak Investment

With ‘Vibecoding,’ A.I. Can Help Anyone Build an App

Intel Surges as First Earnings Report Since U.S. Investment Shows Momentum

Meta Layoffs Included Employees Who Monitored Risks to User Privacy

Critical Auto-Aluminum Supplier Says Fire-Damaged Plant Will Restart This Year

Ford Profit More Than Doubles on Growth in Sales of Pickups, SUVs

Rivian Lays Off More Than 600 Workers Amid EV Pullback

Alaska Airlines Works to Restore Operations After Tech Outage Grounds Flights

Smart Beds Helped Them Sleep on a Cloud. Then the Cloud Crashed.

Boo! Startling Flavors and High Prices Lurk in the Trick-or-Treat Bag.

Chinese Caviar and Foie Gras Shake Up Global Gourmet Dining

Hollywood Weeps as Warner Bros. Hangs a Sale Sign

Chick-fil-A Tycoon’s Movie Studio Swaps ‘Spider-Man’ for Influencers

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Morning News: October 23, 2025
Posted by Eddy Elfenbein on October 23rd, 2025 at 7:05 am

Turkey’s Central Bank Slows Pace of Interest-Rate Cuts After Inflation Uptick

Oil Prices Dropped 18%, Helping Drivers, but Squeezing the Industry

Oil Price Jumps on Trump’s Russia Sanctions

Russians Awake to Trump’s New Oil Sanctions and Largely Shrug

Trump’s New Sanctions on Russian Oil Threaten to Push Barrels Off Market

Rosneft German Unit May Be Cut Off From Customers Amid Sanctions

How China Raced Ahead of the U.S. on Nuclear Power

We Finally Know How to Get the One Renewable Energy Source Loved by Both Parties

Addressing the Gold Price From An Iran/China Barter Angle

QE Revisionism in a World Drowning in Debt

Wall Street Bonuses Expected to Hit Record as Bank Profits Surge

‘I, Sharpie’ As An Antidote to ‘I, Pencil’ Is Truly Ridiculous

The Disaster Industrial Complex Is Driving US Economic Growth

Trump Bypasses Shutdown Fight to Focus on Ceasefires, Ballroom

Trump Wants the American People to Pay Him $230 Million

The US Is Courting Disaster in Venezuela

America’s Two-Tier Racial System Is Making a Comeback

Chicago Needs to Fix Its Spending Problem

The China and U.S. Birthrate “Crisis” Is Much Ado About Nothing

China’s Consumers Are in a Years-Long Funk. Will Anything Get Them to Spend?

China Vows to Double Down on Tech Self-Reliance as U.S. Rivalry Heats Up

DeepSeek’s Push Into Africa Reveals China’s AI Power Grab

Trump Administration in Talks to Take Equity Stakes in Quantum-Computing Firms

Meta Investors Watch Zuckerberg Keep His Promise of Big AI Spending

Nokia Reports Sharp Rise in Demand From AI and Cloud Customers

Hoping to Grow in Europe, but Bogged Down by Red Tape

Tesla Profit Plunges as Musk Turns Focus to ‘Robot Army’

Elon Musk Raises the Stakes for Vote on His Pay

Three Offers in One Month: Paramount’s Secret Pursuit of Warner Bros. Discovery

Drug With a 30-Year Monopoly Is Target of State-Level Push to Curb Prices

ChatGPT Is a Bad Personal Shopper — But It’s Learning

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Morning News: October 22, 2025
Posted by Eddy Elfenbein on October 22nd, 2025 at 7:08 am

China’s $1 Billion of Daily US Exports Show Xi’s Bargaining Power

EU Prepares Trade Options to Counter China Rare Earth Curbs

Citi Predicts Brazil’s Four-Year IPO Drought Will End in 2026

Canada Inflation Accelerates to Seven-Month High of 2.4% in September

World Falling Short on Methane Pledge, U.N. Report Finds

Disaster Spending Has Become an $8 Trillion Engine for US Growth

US Government Shutdown Is Now Second Longest in History

More Tax Collection Won’t Reduce the Debt, It Will Expand It

The White House Didn’t Need a Mar-a-Lago Makeover

Dudley: The Fed Might Be More Dovish Than Powell Thinks

Fed Floats Plan With Much Smaller Capital Hikes for Big Banks

Why Raphael Bostic Could Be Trump’s Next Federal Reserve Target

Gold Extends Rout in Volatile Pullback From Record Price Surge

Crypto Prime Broker FalconX to Acquire ETP Issuer 21shares

Surrogacy Is a Multibillion-Dollar Business. Sometimes the Money Goes Missing.

Workers and Employers Face Higher Health Insurance Costs

The Health Insurance Prior Authorization Memo That You Helped Write

Silicon Valley Has China Envy, and That Reveals a Lot About America

China’s Phone Makers Are Chasing Xiaomi, Not Apple

OpenAI’s ‘Vibe Lifing’ Browser Won’t Hurt Google

Anthropic, Google in Talks on Multibillion-Dollar Cloud Deal

Gas-Powered Cars Would Have Crushed EVs In the ’80s and ’90s

Cable Giant Charter Lays Off 1,200 Workers

David Zaslav’s Future Hangs in Balance as Warner Goes Up for Sale

Tariffs Are Coming for Mattel’s Barbie This Christmas

The Bankruptcy Court Where People Can’t Stop Talking About Piercing Their Ears

Stitch Fix’s Growth Plan: More Quality Customers, Not Just More Shoppers

A Buzzy Embroidery Shop Manifests a Dream Endorsement

Beyond Meat Shares Surge, Extending Rally to Almost 1,300%

Why Everything From Perfume to Soap Smells Like Food Now

Travis Kelce Teams Up With Investor for Activist Campaign at Six Flags

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CWS Market Review – October 21, 2025
Posted by Eddy Elfenbein on October 21st, 2025 at 6:32 pm

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)

The S&P 500 closed higher today for the third up day in a row, although it was a tiny gain today (+0.0033%). The index is now within striking distance of its all-time high close from almost two weeks ago. I’ve been impressed by how easily the market can move past troubling news.

Right now, Wall Street is focused on earnings. This is the time of year when we learn which companies have been doing well and which have not. Companies that fall short of expectations can expect to be punished by the market gods.

Earnings season is moving into high gear. We already have some early numbers, but I caution you not to read too much into such a small sample size.

So far, 78 companies in the S&P 500 have reported their Q3 numbers. Of those, 87.2% have beaten expectations. The long-term average “beat rate” is 67%. (That’s correct. On Wall Street, you’re expected to beat expectations.)

For the quarter, earnings are expected to grow by 9.2%. In fact, if you don’t count the energy sector, then earnings are expected to be up by 10.1%. The tech sector is expected to have earnings growth of 22.2%.

We had several more earnings reports today. Coca-Cola (KO), for example, had a good report. It beat on sales and earnings but the soft drink company said that sales may be soft going forward. In particular, Coke said that lower-income folks are buying less soda. The good news is that Coke stuck by its full-year forecast.

Coke is a bluechip as is 3M (MMM). The Post-It notes company said this morning that it made $2.19 per share which beat estimates of $2.07 per share. Sales rose 3.5% to $6.52 billion. Wall Street had been expecting $6.25 billion.

The best news is that 3M boosted guidance. For this year, 3M sees earnings coming in between $7.95 and $8.05 per share. The previous range was $7.75 to $8 per share.

Danaher (DHR), a long-time favorite of ours, reported good news. Wall Street had been expecting earnings of $1.72 per share. Instead, Danaher said it made $1.89 per share. Sales rose to $6.05 billion which was $50 million more than Wall Street had expected. Danaher also reiterated its full-year range of $7.70 to $7.80 per share.

Shares of Danaher got a nice lift in today’s trading, which also helped Thermo Fisher Scientific (TMO), a competitor which is also one of our Buy List stocks. TMO is due to report tomorrow.

But the biggest surprise may be General Motors (GM). The stock soared on its results.

The carmaker said it made $2.80 per share which was well above estimates of $2.31 per share. Quarterly revenue fell a bit to $48.59 billion. Wall Street had been expecting $45.27 billion.

GM raised its earnings guidance to a range of $9.75 to $10.50 per share from the earlier range of $8.25 to $10.00 per share.

After the closing bell today, Netflix (NFLX) reported a big earnings miss. The company made $5.87 per share. That’s $1.10 below estimates. For Q4, NFLX sees earnings of $5.45 per share which was one penny better than estimates.

How about Beyond Meat (BYND)? You might think the company has had a rough time. After all, its stock fell from a peak of $239 per share six years ago to 50 cents last week. But the stock has soared in recent days thanks to its inclusion in the Roundhill Meme Stock ETF (MEME). The stock gained 146% today.

Over the summer, I told you about Mueller Industries (MLI), which is one of our Buy List stocks. I like Mueller a lot. It’s a well-run mid-cap that’s largely overlooked by Wall Street. The stock is up over 30% this year.

Mueller makes and sells copper, brass, and aluminum products. The company operates through three segments: Piping Systems, Industrial Metals, and Climate. You may have noticed that copper prices are soaring and much of the reason is our tariff policy. Since early 1992, the stock is up by 40,000% yet only one analyst follows it.

For Q2, Mueller’s net income was $1.96 per share. That’s compared with $1.41 per share for the same quarter one year ago. The lone analyst had been expecting Q2 earnings of $1.62 per share. Mueller’s net cash generated from operations was $190.6 million.

This morning, Mueller reported Q3 earnings of $1.88 per share. That’s up from $1.48 per share one year ago. Copper averaged $4.83 per pound during the quarter, which is a 14.3% increase over last year. The company has no debt and a cash position of $1.3 billion.

Mueller’s CEO said, “Looking forward, we are highly optimistic about our business. Our plants operate most effectively when fully loaded. Given our additional capacity, we therefore expect to benefit from even greater production efficiencies when demand rebounds.”

MLI rallied over 4% today. I’ll repeat what I said this summer. If business continues to go well at Mueller, then I think the company can earn $6 per share this year and perhaps $6.50 per share next year. If that’s correct, then the company is attractively valued. The stock reached a new all-time high today.

The prices for gold and silver plunged today. In fact, it was one of the worst daily losses for the metals in years. Silver futures lost more than 7% today.

Both metals have rallied spectacularly in recent weeks. Every pullback turned into a buying opportunity. Could this one be different?

In this week’s issue, I want to talk more about silver. Last week, the price for silver got above $54 per ounce. That’s a market gain of more than 85% on the year. The metal passed its all-time high reach more than 35 years ago.

In 1979-80, there was a furious rally in silver when two Texas brothers tried to buy all the silver in the world. What’s even crazier is that they nearly got away with it.

When Nelson Bunker Hunt and Herbert Hunt started their plan, silver was around $6 per ounce. By early 1980, it got to $50 per ounce. That’s close to $200 adjusted for inflation. Time Magazine estimated they made between $2 billion and $4 billion in just nine months. To pull this off, they had to borrow enormous amounts of money. At one point, it was estimated that they held one-third of the world’s deliverable silver. Tiffany took out a full-page article to denounce them.

The Hunt brothers were the sons of the legendary oilman, Haroldson Lafayette “H.L” Hunt, Jr. Hunt the senior wrote a novel based on his idea of a fascist utopia called Alpaca. I remember one person calling it “1984, but Big Brother is the good guy.”

Not all the Hunts were so eccentric. Lamar Hunt was one of the most influential people in the development of modern football. He was the one who came up with the name “Super Bowl.” To this day, the winner of the AFC championship game is awarded the Lamar Hunt Trophy.

The Hunts were convinced that the Establishment was out to crush them, and they were pretty much right. The COMEX changed the margin requirement which forced the brothers to put up much more collateral.

(By the way, one of my first jobs in this industry was making margin calls. That’s not a metaphor. I had to actually call people to tell them they had to sell or put up more money.)

On March 27, 1980, the bottom fell out of the silver market. In one day, silver dropped by 50%. This is now known as “Silver Thursday.” In one day, the Hunts lost $1.7 billion. The brothers had to put up more money, but they couldn’t reach their margin requirement. The government was worried that Wall Street banks were so much in debt to the Hunts that if the Hunts went under, so would the banks. A silver panic could start a banking panic.

The Hunts had finally been broken. By 1982, silver was going for less than $5 per ounce. They later filed for Chapter 11. The brothers eventually become the models for brothers Randolph and Mortimer Duke in the movie Trading Places.

That’s all for now. I’ll have more for you in the next issue of CWS Market Review.

– Eddy

Morning News: October 21, 2025
Posted by Eddy Elfenbein on October 21st, 2025 at 7:07 am

Sanae Takaichi Becomes Japan’s First Female Prime Minister

Walking the US-China Tightrope

China Has Another Lever to Pull in Showdown With Trump: Factory Lines

Tariffs Are Reshaping China’s Trade. This Tanzanian Sees an Opportunity

Supreme Court Is Told Trump Tariffs Are Illegal $3 Trillion Tax

Trump Hopes Argentina Can Help Bring Down Meat Prices

US Banks Hunting for Collateral to Back $20 Billion Argentina Bailout

There’s a Better Way to Help Argentina

Shutdown With No Clear End Poses New Economic Threat

Stock Rally Fades Ahead of Inflation; Gold Slips

The Natural Rate of Interest Foretells America’s Fiscal Doom

US Bank Rout Prompts Deal Speculation as Credit Worries Loom

$37 Trillion: The Screaming Tell About the Futility of Budgetary Balance

Congress Got Business Taxes Right, and Americans Will Benefit

CEO Vibes Are as Misleading as Consumer Angst

Activist Starboard Takes Big Stake in Construction Firm

CenterPoint Energy to Sell Ohio Gas Distribution Unit for $2.62 Billion

Russia’s Crude Shipments Climb Close to a Post-Invasion High

‘996’ Is a Chinese Tech Trend the US Should Skip

SoftBank-Backed GetYourGuide Says It’s Profitable

How Trump Is Using Fake Imagery to Attack Enemies and Rouse Supporters

OpenAI Hires Ex-Goldman Staff to Help Cut Down Junior Bankers’ Grunt Work

How Oracle’s Dual CEOs Will Co-Lead Its AI Makeover

ChatGPT Should Make Retailers Nervous

Major Vulnerability Exposed in Amazon’s Global Internet Outage

A Theory Why the Internet Is Going Down the Toilet

GM Earnings Tumble on Tariffs, EV Write-Downs

This Expert Led Tesla’s AI Efforts — And Says the Technology Is a Decade Away from Primetime

Spiro Raises $100 Million for E-Motorbike Network in Africa

Let Drug Buyers See the Books of Pharmacy Benefit Managers

UnitedHealth’s ‘Optum Real’ Uses AI to Speed Up Medical Claims

Danaher Sales and Profit Rise on Bioprocessing Momentum

Coca-Cola Continues Bottling-Network Overhaul With $2.6 Billion Africa Stake Sale

It’s Like Uber Eats But for Israeli Arabs Without Home Addresses

NBCUniversal Made a $27 Billion Bet on the NBA. Will It Pay Off?

How Depop Captured the Heart of Gen Z

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Morning News: October 20, 2025
Posted by Eddy Elfenbein on October 20th, 2025 at 7:07 am

India Sees Emissions Peaking in 2045 Under New Climate Plan

Australia Pitches to Be US Fix for China’s Rare Earths Curbs

White House Is Cutting Rare-Earth Research at the Wrong Time

How China Took Over the World’s Rare-Earths Industry

Copper Gains on Easing Trade Tensions, China’s Economic Outlook

Texas Oil Men Catch the Buzz About New Nuclear Technology

Trump Lists Top Demands on China Before Trade Talks Resume

China’s Global Network of Shipping Ports Is Too Big for Trump to Unravel

China Is Already Winning the Trade War America Wanted

China’s Economy Holds Steady, but Consumers Grow More Cautious

Global Economy ‘Yet To Feel The Pain’ From Tariffs, European Central Bank President Says

Trade Wars Have Undermined the Dollar Exchange System

Milei Can No More ‘Dollarize’ Argentina Than He Can Decree Happiness

American Cities Have Issues. Troops Won’t Solve Them.

Will Trump Do It? It Pays to Bet ‘No’

Paul Ryan’s Border Adjustment Tax Is a Dangerous Illusion

US Futures Rise as Investors Turn Gaze to Earnings

One of Wall Street’s ‘Golden’ Geese Is Under Fire. Here’s How Worried You Should Be About Private Credit.

Families Worth $110 Billion Boost Dividends Even as Profits Slow

BNP Slumps After Ruling Raises Risk of Costly Settlement

The Bloomberg New Economy Catalyst List

From Mexico to Ireland, Fury Mounts Over a Global A.I. Frenzy

How Chile Embodies A.I.’s No-Win Politics

Trump’s Duty-Free AI Boom Zips Past the Sluggish Global Economy

Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit

Amazon Disruption Forces Hundreds of Websites Offline for Hours

What Is Amazon Web Services?

Defense Tech Startups Turn Focus to Space Warfare

Lower-Income Americans Are Missing Car Payments

These Jobs Often Go Overseas. One Company Is Bringing Them to Rural America.

Why Are More Retirees Going Back to College?

San Francisco Emerges From the Shadow of a Doom Loop

Activist Jana Pushes Big Contact-Lens Combination of Cooper and Bausch + Lomb

Smucker vs. Trader Joe’s, Lululemon vs. Costco: Fight Over Brands Goes to Court

The Fraudster Behind Steve Ballmer’s NBA Nightmare

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Morning News: October 17, 2025
Posted by Eddy Elfenbein on October 17th, 2025 at 7:02 am

Chile’s $117 Million Snafu Sends Inflation Expectations Lower

IMF Sees ‘Significant’ Risks to Global Growth from US-China Row

Australia Woos Wall Street Firms in China Diversification Play

Bessent Is Reverting to His Hedge Fund Ways With Argentina

Shutdown Leaves Fed in Dark on Data as It Weighs Next Rate Move

Powell Has Backing for 2025 Rate Cuts and Then Things Get Cloudy

Why Is Paul Ryan So Eager To Increase Federal Tax Revenues?

For 3 Years, the Bull Market Defied Inflation, Tariffs and Gravity

Termites Erode Dollar’s Foundation But Alternatives Are Lacking

Global Bank Stocks Slide as US Credit Risks Spark Reality Check

Fifth Third Profit Jumps on Fee Income, Records $178 Million Loss from Tricolor Bankruptcy

BBVA’s Relentless Pursuit of Sabadell Ends in Stunning Defeat

The Fair Housing Act Has Shrunken Affordable Housing

The Era of the Illiquid Millionaire Is Here

Portugal’s Golden Visas Boost Classic Cars, Almonds and Equities

Meet Polymarket’s $400 Million Man

Delaware Will Keep the Corporations Because It Must

Apple, Caught Between U.S. and China, Pledges Investment in Both

Shipping’s Carbon Tax Hangs in Balance Amid US Opposition

The Auto Industry Is Panicking About Another Potential Chip Shortage

AI Chipmaker Cambricon’s Sales Soar 14-Fold With Nvidia Shut Out

Is Rick Perry’s AI Energy IPO a Bubble or a Warning? Yes

Silicon Valley Is Investing in the Wrong A.I.

Delta and United Are Leaving Other Airlines Behind

Trump Refiles His $15 Billion Defamation Lawsuit Against The New York Times

Smartmatic Added to Bribery Indictment of the Company’s Executives

Invite to an Anti-DEI Activist Prompts HR Pros to Pull Out of Industry Event

Walmart, Once a Byword for Low Pay, Becomes a Case Study in How to Treat Workers

Novo, Lilly Fall as Trump Touts ‘Much Lower’ Ozempic Price

The $11 Billion Oura Ring Is Finding Its Voice

NBA Commissioner Adam Silver Has a Steve Ballmer Problem on His Hands

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Morning News: October 16, 2025
Posted by Eddy Elfenbein on October 16th, 2025 at 7:06 am

Lower U.S. Tariffs Would Boost India Growth Outlook, Says Central Bank Chief

US-China Trade War Boils Over and Gets Personal

The Small Company in Europe Caught in the Big Trade War Between the U.S. and China

China Has Overtaken America

China’s Rare Earth Restrictions Aim to Beat U.S. at Its Own Game

Xi’s Rare Earth Shock Gives Trump a Chance to Win Over US Allies

Obscure Commodity Trader’s Breakneck Rise Rattles a Global Market

What Happens When Oil and Gas Wells Die? West Virginia Has a New Plan for That

Dan Sundheim’s D1 Seeks $1 Billion for New Private Equity Fund

Mapping the Scale of Beleaguered First Brands’ Debts and Its Creditors

BNY Quarterly Profit Boosted by Higher Interest, Fees

Bank of America, BNY Sued Over Alleged Financial Ties to Jeffrey Epstein

A Glaring Broadband Mistake In the Annual Defense Budget

Judge Blocks Federal Firings During Shutdown For Now

The Penny’s Demise Is Leaving Some Businesses Shortchanged

Prologis Raises Outlook as Warehouse Leasing Picks Up

TSMC Raises Outlook in Vote of Confidence for AI ‘Megatrend’

AI Data Centers, Desperate for Electricity, Are Building Their Own Power Plants

OpenAI’s Pivot to Porn Is Problematic — But Lucrative

AstraZeneca Gets Rare Sell as Deutsche Bank Has Pipeline Worries

Instagram on TV Is an Idea That Would Require a Fundamental Change

Prospects Dim for Denmark’s Renewable Energy Star

Electric Vehicles Make Up 11 Percent of US Car Sales

Families of Jeju Air Crash Victims Sue Boeing

Feds Find No Evidence of Tariff Cheating Among Appliance Makers

IKEA’s Low-Price Mantra Is Tested by Trump’s Tariffs

IKEA Turns to Small-Town Shoppers to Power Its Next Growth Phase

World’s Largest Food Company Is Cutting 16,000 Jobs Due Partly to Automation

Smucker’s Sues Trader Joe’s Over ‘Copycat’ Uncrustables

Is Private Equity Ready to Burn $50 Million on Failing Coaches?

Nike Should Just Do It and Sell Converse

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Morning News: October 15, 2025
Posted by Eddy Elfenbein on October 15th, 2025 at 7:05 am

Trump’s Trade War Unites Lula and Modi in a Hunt for New Markets

Trump Threatens Retaliation for China’s Soy Boycott

Why the ‘TACO’ Trade Is Again Tempting Investors Amid US-China Brinkmanship

Ports Push Back on Trump’s Tariffs on Cargo Equipment

Trump’s Shutdown Power Grab Goes Unchecked by GOP Lawmakers

Waiting for Deregulation Is Like ‘Waiting for Godot’

Data Darkness in US Spreads a Global Shadow

Falling Inflation Predicts Rising Government Spending and Debt

Poland’s Bond Demand Jumps at Start of Bumper Quarter for Sales

The Great Debasement Trade Is Mostly Just Hype

AI’s Effect on the US Economy Is Exaggerated

Powell Signals Fed Is on Track to Keep Cutting Rates

Morgan Stanley Stock Traders Trounce Goldman in Record Quarter

Blue Owl Chief Points to Bank Loans for Dimon Cockroach Warning

Oaktree Made Money on First Brands With Early Exit, Marks Says

ABN Amro Warns Mortgage, Wealth Management Margins Under Pressure

Japan’s Rakuten Weighing US IPO of Credit Card Business

BlackRock’s GIP Buys Aligned Data Centers in $40 Billion Bet

Microsoft Cuts Fourth Nscale Deal With Texas AI Data Center

The Frothiest AI Bubble Is in Energy Stocks

EU Military Plan Pitches Drone and Air Defense Projects for 2026

The US Is Racing to Rebuild Its Submarine Power Before China Catches Up

The Rest of the World Is Following America’s Retreat on EVs

Stellantis Unveils $13 Billion U.S. Investment Plan

Abbott Cuts Top End of 2025 Guidance as Tariff Threat Looms

Two Positive Trends in Household Wealth

This Company Is Handing Workers $72,000 Baby Bonuses

Grocery Prices Keep Rising. Frustrated Consumers Are Trying to Adapt.

Soon You’ll Be Able to Shop Walmart in ChatGPT. Here’s Why It Matters.

Most U.S. Consumers Expect Higher Holiday Prices and a Weaker Economy

Netflix Jumps Into Podcasts With Spotify Deal

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