Day 6 at $CPRI $TPR trial: Fashion designer Michael Kors told a federal judge that competition in the handbag market is so robust and varied that he first learned about one brand only when he saw a photo of a bag on Taylor Swift’s arm.
https://t.co/16uILP5A2V via @luxury
personal news - i'm taking over the transportation coverage across the US at @business for the munis team. i'll be covering all things public transit in addition to broader public finance across the Northeast (Boston, NJ, etc)
very excited so pls say hi: [email protected]
Thrilled to share I’ve joined @business to cover the telecom industry, including the FCC + the internet, cable and satellite giants. Got a story tip? Let’s talk in my new role!
Mega-harvests are a curse in disguise for US farmers who are cutting costs as the ample supply outlook sends crop futures plummeting to four-year lows, @mhirtz & @gersonjr report from #pftour24
🌽🎁🔗: https://t.co/rtI4IM0L2b via @BNCommodities
Turns out if you want the jobs data early, you can call up BLS and they might just give it to you!
Exclusive here with @lena_popina and @NKniazhevich https://t.co/GEHR1bPVRB
“It’s all about the Trump trade right now,” said Matthew Tuttle, chief executive officer at Tuttle Capital Management. The reaction in Trump Media shares is expected as investors tend to use the stock as “the direct Trump trade,” he added.
The shares of Donald Trump’s media company surged in early trading Monday. https://t.co/uefXXRAvF7 via @markets@brebradham
I’ve been at @Jefferies for 34 years and like many other companies, our shares are currently at an all-time high. Here are 10 of my observations about this that might differ from what you might expect:
Junior bankers are logging 100+ hour weeks, doing pushups on Park Ave when they mess up slide decks, and bringing sleeping bags to their desk.
I spoke with dozens of current/former staff and managers about the culture on Wall Street. Read more⬇️
https://t.co/q5huinofkX
Things are heating up in converts (arb):
US convertible bonds could hit “full throttle” in the second half and reach $94 billion for the year— a level the market has not seen since the depths of Covid era, according to Barclays strategists. https://t.co/vYrQDFcE8W via @markets
Splendid work here from my colleagues @avabmorrison and @sridinats, who reconstruct "the mad scramble of Archegos’ last three days, based on evidence admitted throughout the trial, including tapes, internal messages and emails." Wall Street is wild https://t.co/D5TNYfaLWO