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

“Three things in human life are important: the first is to be kind; the second is to be kind; and the third is to be kind.” ― Henry James

Overnight

TikTok sues to block U.S. ban (WSJ)

Biden administration revokes export licenses that allow Intel and Qualcomm to supply Huawei with semiconductors (FT)

New treatments for sickle cell disease are being rolled out in the U.S. and U.K. (Semafor)

FDIC investigation finds culture rife with sexual harassment, discrimination (WSJ)

BlackRock lays off employees as part of a reorganization of its municipal market division (BB)

U.S. Postal Service must track serious trucking crashes under new bill (WSJ)

Tesla must detail driver warnings, miles driven with Autopilot, says regulator (WSJ)

SECs Gensler slams media for ‘outsized’ focus on crypto (MW)

European airline shares slump on price warning from Ryanair CEO (MW)

Walt Disney beat Q2 earnings on narrowing streaming losses but forecast weakness in its entertainment D2C unit causing shares to fall ~10% (CNBC

Reddit jumped ~14% after beating Q1 revenue estimates and forecasting better-than-expected Q2 revenue on recovering digital advertis...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Macro subscription is required in order to access this content.

*Free trial available only on a monthly plan

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Don't Miss Out
First Month Free