State Street Journal

Check out this month's Macro Report by Saiuri Parimi!

Pfizer Faces Investor Pressure Amid Stock Slump: Despite success with the COVID-19 vaccine, Pfizer's CEO Albert Bourla is under scrutiny as stock prices decline and new drugs underperform. Investor demands for strategic shifts add to the tension, while acquisitions to boost growth are yet to deliver results. The company's future faces uncertainty, as Wall Street remains cautious about long-term revenue prospects. Analyst Pakhi Sahni

Global Inflation Fears Ignite as Oil Prices Soar: OPEC+ cuts and Middle East tensions drive oil higher, threatening to delay interest rate cuts. While China’s weaker demand cools the spike, supply risks keep the pressure on—fueling inflation concerns worldwide!

Check out a special edition report on the Fur Auction Industry. First hand experiences from Johnson Wu & Matt Yang

Check out this week's article where we provide an update on the Real Estate market! As the Fed hints at a possible interest rate reduction in September 2024, the resulting decrease in mortgage rates could improve affordability, spur development opportunities, and attract investors to real estate as an alternative to lower-yielding fixed-income investments. Also, comment your email address to be a part of our mailing list! Analyst: Nathaniel Lieu-Chang

Check out this week's FIG Report where we discuss BlackRock's and other Big Bank's earnings! BlackRock (BLK) reported higher Q2 2024 earnings and AUM, and $15.7 billion in acquisitions, while M&A boosted JPM, Citigroup, and Goldman Sachs’ investment banking revenues, though net interest incomes fell. Also, comment down your email address to be a part of our mailing list! Analyst: Aaron Bobby Joel Nishbert

Check out this week's TMT Report where we discuss AMD's acquisition of Silo AI and the competitive nature of the AI market! On July 10th, AMD unveiled its plan to acquire Silo AI for $665 million in cash to enhance its AI development and challenge Nvidia in the AI hardware market. Also, comment your email address to be a part of our mailing list! Analyst: Felix Gazca

Check out this week's TMT Report where we discuss news surrounding Amazon and Skydance! Saks Fifth Avenue and Neiman Marcus are merging into a $2.65 billion deal to form Saks Global with Amazon's support. Skydance is merging with Paramount Global in a $10.95 billion deal, acquiring National Amusements and appointing its CEO as the new leader. Also, comment your email address to be a part of our mailing list! Analyst: Aaron Bobby Joel Nishbert

Check out this week's Real Estate Report where we discuss changes in the housing market! While the US faces a housing shortage, some regions with an oversupply are experiencing rent stability as tenants negotiate lower rents, whereas in growing areas, despite the reopening of federal housing vouchers after 15 years, low-income families still struggle to find apartments due to high rents and landlords' reluctance. Also, comment down your email address to be a part of our mailing list! Analyst: Nathaniel Lieu-Chang

Check out this week's TMT Report where we discuss news around Amazon and Micron Technology! On June 26th, Amazon's market cap exceeded $2 trillion after a 30% YTD rally, driven by strong earnings, AWS growth, and fast-fashion plans. Micron Technology shares fell nearly 5% after Q3 earnings showed strong growth but lower future forecasts. Also, comment your email address to be a part of our mailing list! Analyst: Aaron Bobby Joel Nishbert