A daily market update from FS Insight — what you need to know ahead of opening bell

"The market cycle will once more prove to be the human-nature cycle; its economic background will have changed, but not its basic character nor the consequences of its character." — Benjamin Graham

Overnight

Taiwan hit by strongest earthquake since 1999 (FT)

E.U. exits winter with record-level gas storage (FT)

U.S. job openings held steady in February (BBG)

Tesla quarterly deliveries decline for the first time in nearly four years; shares down 5%+ for the day (RT)

Intel discloses a $7B operating loss in foundry business (CNBC)

Disney investors look beyond board battle as ‘cheap’ stock soars, up nearly 35% in 2024 (BBG)

Endeavor Group, controlling shareholder in WWE, agrees to $13 billion buyout from Silver Lake (BBG)

Hunterbrook Media, which investigates companies using public information and then trades/sues to gain from it, launched Tuesday (HB)

Looking like the twin of the Tesla Model 3, Xiaomi's first electric car has a six-month waiting list in China (TR)

WeWork, 90% done restructuring its real estate portfolio, predicts $8 billion in rent savings after bankruptcy ends (BBG)

Replit, a Silicon Valley AI coding startup, launches new p...

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