Jan 29 (Friday)
YRI
YRI Podcast. In our latest video podcast, Dr. Ed discusses the main points of today’s Morning Briefing.
Daily Markets Overview
Today’s Morning Briefing
Markets
Stocks Rally As Dow Rises More Than 300 Points | W
Dow jumps 300 points as market stages a strong comeback from biggest sell-off in 3 months | C
Short sellers down a net $54 billion on U.S. positions so far this year, data provider says | MW
GameStop
Robinhood restricts trading in GameStop, other names involved in frenzy | C
Robinhood App Is Said to Draw on Credit Lines From Banks Amid Stock Market Chaos | B
GameStop, AMC Stock Prices Tumble as Robinhood, Others Block Trades | W
GameStop’s stock closes down more than 40% after brokers place restrictions on trades | C
Interactive Brokers restricted GameStop trading to protect the market, says Chairman Peterffy | C
GameStop: Cruz, Ocasio-Cortez blast Robinhood over trade freeze | C
‘Taxes are usually an afterthought:’ GameStop’s wild ride will leave some investors with a huge tax bill | MW
Investing Shouldn’t Feel Like a Trip to Vegas | Morningstar
US
U.S. Unemployment Claims Fell Last Week | W
COVID-19 savages U.S. economy, 2020 performance worst in 74 years | R
U.S. Economy Grew 1 Percent in the Last Quarter of 2020 | N
With vaccinations on the rise, U.S. economy remains in the waiting room | R
U.S. new home sales miss expectations in December | R
How the U.S. can build a carbon-free electric grid | C
US politics
Joe Biden declares war on American jobs with far-left climate plan | N
Biden reopens online health insurance marketplaces, citing ‘damage’ from Trump | R
Pandemic Spending Boosts Global Government Debt to 98% of Economic Output, IMF Says | W
Cecilia Rouse, Tapped to Be Biden’s Top Economist, Brings Labor-Market Focus | W
Geopolitics & trade
U.S. will re-engage in OECD tax talks, Yellen tells French counterpart | R
Biden Re-Examining U.S. Arms Sales to Saudi Arabia, U.A.E. | W
Industries & companies
Airlines: American Airlines surges despite record annual loss as short sellers get squeezed | C
Airlines: American, Southwest Post Record Losses Amid Covid-19 Crisis | W
Autos: Toyota beats Volkswagen to become world’s No.1 car seller in 2020 | C
Industrials: GM to Phase Out Gas- and Diesel-Powered Vehicles by 2035 | W
Tech: Apple’s iPhone 12 Helped Deliver a Record $111.4 Billion Quarter | W
Tech: Apple CEO Tim Cook links Facebook’s business model to violence | C
Tech: Samsung Profit Rises 26% on Continued Pandemic-Driven Demand | W
Virus I
Racing the virus: Why tweaking vaccines to fight variants won’t be simple | R
Covid vaccine: Novavax says Covid vaccine is more than 89% effective | C
Vaccine Shortage Derails European Inoculation Drive | W
South Africa Covid strain: South Carolina detects first-known U.S. case | C
Virus II
Cuomo administration underreported Covid deaths in nursing homes, report says | C
Health-Tech Startups Jump Into the Covid-19 Vaccine Rollout | W
Chicago school district cancels some in-person classes as labor dispute flares | R
The Bill Gates plan to prevent future pandemics: global alerts and ‘germ games’ | MW
Corporate finance
WeWork in Talks to Combine With SPAC or Raise Money Privately | W
Qualtrics IPO: XM begins trading on the Nasdaq | C
