TLDR

MARKET RECAP → Stocks bounced back on Thursday as bulls doubled down on higher highs. 😎 

BOEING MACHINISTS REJECT LABOR DEAL, EXTENDING STRIKE → Boeing machinists voted 64% against a labor deal offering a 35% wage increase, continuing the 5-week strike. The rejection prolongs production halts, costing Boeing $1 billion a month.

OPPO DOUBLES DOWN ON AI, TALKS WITH GOOGLE AND MICROSOFT → Oppo is accelerating its AI efforts, holding regular talks with Google (GOOG) and Microsoft (MSFT), focusing on integrating AI into smartphones and production efficiency. The company aims to enhance global operations with AI-driven features and automation, cutting manufacturing costs and improving product quality.

Was this email forwarded to you? Sign up for free here.

MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Week

TODAY’S TOP NEWS

Boeing Machinists Reject Labor Deal, Extending Strike

🛠️ Boeing machinists voted 64% against a new labor deal offering 35% wage increases and bonuses, prolonging a strike that has lasted over five weeks.

💰 The company continues to face a $1 billion monthly cost from the strike, which has halted most of its production and risks downgrading Boeing's credit rating.

🔧 Boeing’s CEO, Kelly Ortberg, prioritized ending the strike as the company faces financial challenges and a potential 10% workforce reduction.

TODAY’S TOP NEWS

Oppo Doubles Down On AI, Partners With Google And Microsoft

📱 Oppo ramped up AI efforts, holding weekly talks with Google and Microsoft, aiming to integrate AI into its flagship smartphone and improve user experiences globally.

🤖 The company plans to integrate AI tools into its manufacturing, reducing costs and boosting production efficiency by replacing human workers with machines for certain tasks.

🌐 Oppo is expanding its AI capabilities across Southeast Asia, Europe, and beyond, with ambitions to increase global smartphone shipments and further innovate in consumer technology.

BULL VS. BEAR

NOTABLE POSTS

KEEP READING

TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion (CNBC)

Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year (CNBC)

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss (CNBC)

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand (CNBC)

McDonald’s president says its food is safe to eat after E. coli outbreak (CNN)

Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures (CNN)

How to Become Financially Stable: 10 Tips (ML)

What is the Difference Between a Credit Card and a Debit Card? (ML)

What Affects Your Credit Score? 5 Credit Score Factors (ML)

WHAT WE’RE WATCHING

OUR FAVORITE TOOLS & RESOURCES

• OpenBB — AI-powered research and analytics workspace

• Earnings Hub — Earnings calendar

• Quiver Quantitative — Quiver allows retail investors to tap into the power of big data with insights into things like congressional trades as they are disclosed

• Perplexity — Perplexity AI is an AI-chatbot-powered research and conversational search engine

• The Market Ear — Live news, analysis and commentary on what moves markets and trading

• Coinmarketcap.com — Crypto market data

• Finviz — Financial visualizations

• Trading Economics — Economic calendar

• CME FedWatch Tool — Market-implied probabilities of future levels of interest rates 

• Dataroma — Track stock picks and portfolios of legendary value investors such as Warren Buffett

• ChatGPT — Large language model-based chatbot powered by generative AI

• Vimcal — Lightning-fast calendar and AI scheduling assistant

^{_{The Bull vs. Bear Merchandise Promotion is a limited time campaign that begins on December 1, 2023 at 12:00 AM ET and ends on the date that there are no more Rewards. This Promotion is available to any registered MoneyLion user who is a legal resident of the 50 United States or the District of Columbia and who has reached the age of majority in their state as of the beginning of the Promotional Period. See terms and conditions here.}}

<sup><sub>This advertising email was sent to you because you have a MoneyLion account. If you would like to unsubscribe, please do so using this link. We respect your right to privacy. Please do not reply to this email with sensitive information, such as an account number, Social Security number, date of birth, bank account information, PIN, password, or Online ID. The security and confidentiality of your personal information is important to us. If you have any questions or want to read more, please visit our Help Center.

MoneyLion and Pathward do not provide, nor do they guarantee, any third-party product, service, information, or recommendation. The third parties providing these products or services are solely responsible for them, as well as all other content on their websites. MoneyLion is not liable for any third party’s failure with regard to those advertised products, services, and benefits. These advertised products and services may not be FDIC insured or bank-guaranteed, and may be subject to a different privacy policy than MoneyLion’s. You should check individual offers, products, and services to become familiar with any applicable restrictions or conditions that may apply. MoneyLion may receive compensation from third parties for referring you to the third party, their products or to their website.

The influencer, creator and other content provided in the MoneyLion App (“Content”) is for informational and entertainment purposes only and should not be construed as legal, tax, investment, financial, or other advice. All Content is intended to be of a general nature, does not address the circumstances of any particular individual or entity, and may not constitute a comprehensive or complete statement of the matters discussed. MoneyLion is not a fiduciary by virtue of any person’s use of or reliance on the Content. You should consult an appropriate professional if you require any legal, tax, investment, financial or other advice. Terms and Conditions for our subscriber referral can be found here.</sub></sup>