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Spotify's stock has been soaring due to its strong financial performance, with growing profit margins and a focus on profitability. The company's third-quarter results exceeded expectations, with record high gross margins and increased subscriber numbers. Despite the positive outlook, Spotify will need to navigate negotiations with record labels and continue expanding its user base to sustain its success in the competitive music streaming industry. [Extracted from the article]

President-elect Donald Trump is assembling a team of China hawks, including Sen. Marco Rubio and Rep. Mike Waltz, who are known for their tough stance on China. While Beijing views these appointments as unfavorable, they are relieved that individuals like Mike Pompeo and Robert O'Brien, who are considered more threatening, are not part of the cabinet lineup. The Chinese government is preparing for heightened economic tensions with the U.S. and is seeking to counterbalance the influence of China hard-liners in Trump's team by engaging with American business leaders like Elon Musk. [Extracted from the article]

The FBI seized the phone of Shayne Coplan, founder of Polymarket, a prediction-market startup that gained popularity during the U.S. presidential election. The raid was linked to Polymarket's accurate prediction of Donald Trump's victory, with the company accusing the Biden administration of retaliation. Polymarket, which allows users to bet on various topics, has faced regulatory challenges and investor scrutiny, including a French national who made millions betting on Trump's win. [Extracted from the article]

Bitcoin's price has surged to over $90,000, driven by investor optimism surrounding a potential crypto resurgence during Donald Trump's second presidential term. The election of a pro-crypto president and victories of congressional candidates supported by crypto super PACs have contributed to the price increase. Traders are betting on bitcoin reaching $100,000 by the end of the year, with significant options contracts backing this milestone. The crypto industry is anticipating deregulation and industry-friendly policies under the new administration, further fueling the bullish sentiment in the market. [Extracted from the article]

A mystery trader known as the "Trump whale" made successful bets on Donald Trump winning the presidency, earning approximately $85 million in profits, according to a blockchain-analysis firm. The trader had 11 accounts on Polymarket, a crypto-based betting platform, and continued to place wagers through Election Day. The trader, who goes by the name Théo, has declined to share his identity but confirmed his total profit and stated that his bets were based on financial analysis rather than manipulation of the election. The French trader's activities have drawn attention and raised questions about the future of election betting. [Extracted from the article]

The article discusses the need for Carl Icahn's investment vehicle, Icahn Enterprises, to improve its credibility by reevaluating its valuation practices, particularly in relation to a company that makes casings for processed meats. The company has faced financial challenges, including significant losses in stock value and fines for violating disclosure laws. IEP's valuation methods, especially regarding the meat-casing company Viskase, have been criticized for being overly optimistic and not reflective of market realities. The article suggests that IEP should consider using the quoted stock price as a more transparent and accurate measure of the company's value. [Extracted from the article]

The article discusses the similarities between the NFL draft and the pharmaceutical industry, focusing on AbbVie's recent setback with its schizophrenia drug. It highlights the importance of balancing price and probability of success in both fields, drawing parallels between drafting players and investing in drug development. The article emphasizes the need for executives to be prepared for failures and not let hype influence their decision-making process. [Extracted from the article]

The article discusses the rise in global military spending, particularly in Asia, with South Korean defense companies benefiting from this trend. Factors such as Russia's invasion of Ukraine and escalating tensions in the Middle East have contributed to the surge in military expenditures. South Korean defense contractors have seen significant growth in stock prices and exports, with countries like Poland placing large contracts for weapons. Japanese defense stocks are also on the rise, reflecting increased military spending in the country. Valuations for these defense stocks have increased, but the growth potential remains attractive for investors. [Extracted from the article]

A 62-year-old man drove an SUV into a group of people exercising at a sports center in Zhuhai, China, killing 35 and injuring dozens. This incident is part of a series of violent acts in China, prompting leader Xi Jinping to call for authorities to resolve conflicts and disputes. The attack is believed to have stemmed from the perpetrator's dissatisfaction with property division after a divorce, highlighting concerns about social stability in China amidst economic challenges. [Extracted from the article]

China's air force unveiled new armaments, including a stealth fighter and attack drone, at an airshow in Zhuhai, showcasing its growing military capabilities. The J-35A stealth fighter made a brief flypast, while other weapons like the Jiu Tian drone and HQ-19 anti-ballistic missile system were displayed. Chinese officials highlight these advancements as part of their efforts to modernize the People's Liberation Army, raising concerns in Washington about China's military strength in the Asia Pacific region. [Extracted from the article]

After Donald Trump's victory, the bond market is now a focus for investors, with Treasury yields rising due to expectations of growth, inflation, and budget deficits from potential tax cuts. Concerns arise over the impact of higher inflation, deficits, and interest rates on stock gains, the housing market, and the economy. Trump's proposed tariffs, immigration policies, and tax cuts could further complicate economic forecasts, potentially leading to a "bond market death spiral" according to some analysts. Vice President-elect JD Vance has expressed concerns about a potential crisis in the bond market during a second Trump administration. [Extracted from the article]

The article discusses the financial markets' positive response to Donald Trump's economic agenda, following his election victory. Markets are signaling expectations of higher growth, lower volatility, and a revitalized economy under Trump's leadership. The article contrasts Trump's pro-growth agenda with the challenges created by the Biden administration, emphasizing the need for deregulation, tax reform, and private sector allocation of capital to drive economic growth. Trump's focus on energy investment, trade policies, and prudent borrowing strategies is highlighted as essential for long-term U.S. competitiveness and economic recovery. [Extracted from the article]

The article discusses the potential impact of a second Trump presidency on the European economy, particularly in terms of trade and exports. With the U.S. being a significant market for European goods, concerns arise over possible tariffs and trade policies that could affect industries like carmakers and clean-energy firms. The European Union is facing economic challenges exacerbated by political crises and a need for structural changes to invigorate its economy. The article also highlights the potential for a shift towards a cohesive industrial strategy in Europe in response to external pressures. [Extracted from the article]

The article discusses how a change in leadership at the Federal Trade Commission under the Trump administration could lead to increased mergers and acquisitions in sectors like tech and healthcare. The optimism stems from the belief that the new administration will be more favorable towards major deals that were previously restricted. The shift in antitrust policy could potentially unleash pent-up demand for mergers and acquisitions, especially in industries where regulatory scrutiny has been high in recent years. [Extracted from the article]

Keywords: wsjworld; wsjworld-africa; wsjworld-mideast; gfx-contrib; Africa; Asia Pacific; Asia; China; Greater China; Emerging Market CountriesThe United Arab Emirates has poured billions of dollars into mines, ports and other projectsBy Nicholas BariyoReported by Author [Extracted from the article]

The article discusses the increase in stock prices for card lenders following Donald Trump's election, despite his campaign promise to cap credit card interest rates. Analysts suggest that the market anticipates regulatory changes under the new administration, potentially impacting the Consumer Financial Protection Bureau's rule on credit card late fees. Card interest rates are already high, and lenders may be hesitant to reverse revenue-boosting measures until there is regulatory clarity. The article highlights the potential risks and uncertainties in the market, emphasizing the need for caution in navigating the changing landscape of credit card lending. [Extracted from the article]

Keywords: lc article events stockmarket; wsjfinance; wsjfinance-markets; stock market today; wall street; stock market news; markets today; stock news; wsj market data; North AmericaDow Jones Industrial Average touches 44000 for the first timeBy Jack PitcherReported by Author [Extracted from the article]

Prediction markets accurately forecasted Donald Trump's victory in the 2024 election, leading to a surge in popularity and trading volume. However, history shows that these platforms tend to struggle after presidential elections. Platforms like Polymarket, Kalshi, and ForecastEx face challenges in maintaining interest beyond election betting, despite recent successes. While prediction markets have shown promise in predicting election outcomes, questions remain about their impact on future political contests and concerns about manipulation on unregulated platforms like Polymarket. [Extracted from the article]

Keywords: Asia Pacific; Asia; China; Greater China; Emerging Market Countries; Developing Economies; East Asia; Books; Political/General News; Arts/EntertainmentThe elusive wisdom of a Chinese sage is widely quoted but challenging to understand. Each attempt at translation confronts its enigmas anew.By Stephen R. PlattReported by Author [Extracted from the article]

The article "Faithful and Friendly: Kids Books About Dogs" reviews three children's books: "Aldo: Ghost Dog," "Elki Is Not My Dog," and "A World of Dogs." "Aldo: Ghost Dog" tells the story of Aldo, a dog who believes he has become a ghost, while "Elki Is Not My Dog" follows the adventures of children with a lovable stray dog. "A World of Dogs" provides a comprehensive look at different dog breeds and their histories, offering insights into decoding dog behavior. These books cater to young readers and dog lovers alike, celebrating the unique bond between humans and dogs. [Extracted from the article]

European leaders are discussing how to support Ukraine in the face of a possible cut in U.S. aid under President-elect Donald Trump. The EU is considering filling the funding gap if necessary, as Russia's advances in Ukraine raise concerns about reduced U.S. military protection. While some European countries are prepared to increase support for Ukraine, others are cautious about asking struggling voters for more aid. European officials are urging Trump to ensure that any diplomacy with Russia over Ukraine results in real concessions by the Kremlin. [Extracted from the article]

During World War II, Lt. Col. Dudley Clarke stationed in Cairo devised false military operations to deceive the Axis powers. His innovative deception schemes played a crucial role in staving off defeat and ensuring eventual victory for Great Britain. Clarke's work, detailed in "The Illusionist," exemplified irregular warfare and had a significant impact on the outcome of the fighting in North Africa. Additionally, Taylor Downing's book, "The Army That Never Was," explores how British illusionists, including Clarke, contributed to the success of the Normandy invasion through decoy operations like Fortitude. [Extracted from the article]

The article explores the cultural significance of mangoes, highlighting their role in diplomatic efforts and historical contexts. It discusses the origins of mangoes in India, the practice of "mango diplomacy" between India and Pakistan, and the fruit's literary and artistic representations. The text also delves into the diverse varieties of mangoes, their textures, and includes mango recipes for readers to enjoy. Overall, the article provides a comprehensive look at the global history and importance of mangoes. [Extracted from the article]

The article discusses the impact of Trump's tax cuts on the stock market, with short-term benefits expected due to lower corporate taxes. However, concerns arise about the long-term effects of tariffs and potential challenges in sustaining profit growth. Analysts predict a boost in earnings-per-share from tax cuts, but caution against overvaluation of stocks and uncertainties surrounding trade policies. The article highlights the need for careful consideration of the risks and rewards associated with Trump's economic policies. [Extracted from the article]

Stocks reached record highs as investors reacted positively to a quarter-percentage point rate cut from the Federal Reserve following Donald Trump's election victory. The S&P 500 and Nasdaq Composite both hit records, with big tech stocks leading the gains. While the financial and industrial sectors pulled back, sectors like real estate and utilities saw gains. Earnings reports from companies like Lyft, Zillow, and Warner Bros. Discovery also influenced stock movements. Oil prices rose, and Bitcoin reached a new all-time high. [Extracted from the article]

ArcelorMittal reported a significant decrease in net profit for the third quarter of the year due to subdued economic sentiment affecting steel pricing and shipments. Earnings before interest, taxes, depreciation, and amortization also fell by 26%. The company remains optimistic about an increase in demand for steel in the second half of the year, anticipating restocking activity once real demand recovers. Average steel selling prices and shipments declined compared to the previous quarter. [Extracted from the article]

The article discusses the impact of Donald Trump's victory on healthcare companies, with diverging market reactions depending on the sector they operate in. Companies offering plans in the Obamacare exchanges and Medicaid may face challenges, while those in Medicare Advantage are expected to benefit from regulatory changes. The article highlights potential shifts in the industry and the importance of political control in determining the future of healthcare policies. [Extracted from the article]

The article discusses the concerns of U.S. allies as China, Russia, Iran, and North Korea deepen their cooperation, while Western capitals brace for potential shifts in trade and security policies under a returning Trump presidency. Trump's remarks about allies and NATO have raised worries among European nations, with concerns about a possible Russian victory in Ukraine. The article also highlights differing reactions to Trump's victory in the Middle East and Asia, with some countries hopeful for stronger U.S. support and others viewing it as a threat. [Extracted from the article]

Puma experienced an increase in sales growth in the third quarter, driven by a recovery in its U.S. business, offsetting weakness in China and the Middle East. The company reported a 5% growth in sales when adjusting for currency movements, with footwear and wholesale sales being the main drivers. Despite a slight miss in quarterly revenue due to negative currency effects, Puma remains on track to meet its full-year outlook. The company's CEO mentioned being prepared to react to potential higher tariffs on goods imported to the U.S. under a Donald Trump-led administration. [Extracted from the article]

Super Micro Computer's disappointing server sales are attributed to delays in receiving Nvidia's latest chips, leading to a decrease in stock price and concerns about management's credibility. The company's unaudited business update revealed lower revenue than previously forecasted, with Ernst & Young resigning as auditor due to concerns about financial statements. Despite strong demand for AI components, Super Micro's future remains uncertain as it faces potential delisting from the Nasdaq and skepticism from Wall Street analysts. [Extracted from the article]

A mystery trader known as "Théo," also referred to as the "Trump whale," is poised to make nearly $50 million in profit after accurately predicting Donald Trump's victory in the 2024 presidential election. Théo placed bold bets on Trump winning the popular vote and securing swing states like Pennsylvania, Michigan, and Wisconsin. Utilizing Polymarket, a crypto-based betting platform, Théo, a wealthy Frenchman with a background in trading, challenged polling data accuracy and successfully wagered over $30 million on Trump's win. Théo's analysis highlighted the "shy Trump voter effect" and advocated for the use of neighbor polls to improve polling accuracy in future elections. [Extracted from the article]

The article discusses the controversy surrounding Chinese ownership of U.S. farmland, particularly in relation to national security concerns and political messaging during the 2024 election cycle. Walton Global, a company with Chinese investors, faced scrutiny over its land holdings near military bases, leading to a reclassification of its ownership. The debate over what constitutes Chinese ownership of farmland reflects broader bipartisan efforts to curb foreign ownership, with some Chinese-owned companies pushing back against concerns. The article highlights the complexities of foreign investment in U.S. farmland and the challenges policymakers face in addressing these issues. [Extracted from the article]

The Federal Energy Regulatory Commission's decision to reject Talen Energy's request to increase the amount of power it could provide directly to Amazon's data center from its nuclear power plant may delay some power purchase agreement negotiations, but it doesn't completely shut the door on future contracts. The ruling emphasizes grid reliability and existing stakeholders over rapid load growth and new market entrants, impacting companies like Constellation Energy and Vistra. Despite this setback, there are alternative ways for nuclear power plants to sell power to data centers, such as in-front-of-the-meter contracts like the one Constellation Energy has with Microsoft. [Extracted from the article]

China is expected to implement a fiscal stimulus package to address economic challenges, with a focus on tackling the housing crisis and restructuring local government debt. The stimulus, estimated at around 10 trillion yuan, may not be as stimulative as hoped, with a significant portion going towards debt restructuring. While the package aims to stabilize the economy, it may not be sufficient to drive significant growth. Additionally, concerns about rising debt levels and declining tax revenues may limit the scope of the stimulus. [Extracted from the article]

The article discusses China's economic stimulus plans and the potential impact of the U.S. presidential election on these plans. Despite speculation, a major stimulus package, or "bazooka," is not expected this year. Beijing is focusing on incremental measures to support growth, with potential adjustments based on the election outcome. The article highlights concerns about the effectiveness of China's stimulus measures and the country's reliance on U.S. policies, emphasizing the importance of managing investor expectations. [Extracted from the article]

The article discusses the current state of the obesity drug market, focusing on key players like Eli Lilly, Novo Nordisk, and Amgen. These companies have seen significant stock gains due to the success of weight-loss drugs like Wegovy and Zepbound. However, challenges lie ahead as investors await pivotal commercial and clinical developments that could impact the industry's growth. Other companies, such as AstraZeneca, Roche, and Pfizer, are also vying for a share of this lucrative market, emphasizing the need for innovation in obesity treatments. [Extracted from the article]

The article discusses the potential financial benefits for wealthy individuals, such as Elon Musk, who transition from business to government roles. It highlights a 34-year-old law that allows individuals like Musk to defer capital gains taxes by putting their assets into government securities or diversified mutual funds. The article also mentions other executives, like Howard Lutnick and Jamie Dimon, who are being considered for government roles and could potentially benefit from similar tax breaks. The piece raises questions about the need for provisions to prevent conflicts of interest in the modern era and suggests that extending such rules could be beneficial. [Extracted from the article]

The article discusses the potential consolidation in the convenience store industry in the U.S., with the second-largest convenience store owner aiming to acquire the largest. Despite the fragmented nature of the industry, mergers and acquisitions are expected to increase in the coming years. Antitrust concerns may arise due to the politically sensitive nature of food and fuel categories, but convenience store giants view M&A as crucial for growth, especially in the competitive food sector. Both companies involved have significant cash reserves and ambitious growth targets, indicating a competitive landscape for acquisitions in the future. [Extracted from the article]

Warren Buffett's Berkshire Hathaway reduced its stake in Apple during the third quarter, selling about 25% of the 400 million Apple shares it held. Despite the sales, Apple remained Berkshire's largest stockholding. Berkshire's cash pile reached a record $325.2 billion, giving Buffett ample resources for potential investments. The company also posted a net income of $26.3 billion for the third quarter, with operating earnings falling due to weaker results from insurance underwriting. [Extracted from the article]