The Finimize Daily Brief

“Vibe coding” startup Lovable put investors under its spell, landing $330 million at a $6.6 billion valuation, while Japan took it back to the nineties, pushing interest rates to their highest in 30 years.Today’s stories:“Vibe Coding” Startup Lovable Lived Up To Its Name, Giving Investors Fuzzy FeelingsThe Nineties Called And Japan Answered, Pushing Interest Rates Back UpTry Finimize Pro

US inflation data looked better than expected – but there’s a big, October-shaped hole in the numbers – and forget Silicon Valley: India proved itself as the real AI hotspot.Today’s stories: US Inflation Data Inspired Some R&R: Resting And… Reading The FootnoteIndia Did It Beta, Becoming The World’s Most Active AI MarketTry Finimize Pro

Amazon might hand OpenAI $10 billion – but the ChatGPT creator would need to hand some of it straight back – Alphabet’s self-driving ride-hailing venture, Waymo, could double its valuation to over $100 billion.Today’s stories:Amazon Could Hand OpenAI $10 Billion, In Exchange For… Some Of It BackWaymo Could Come In Clutch With A $100 Billion ValuationTry Finimize Pro 

November’s payrolls report suggested that the US added more jobs than expected… but the fine print dampened the mood, while the European Union looks to be softening its stance on gas-powered cars, giving automakers more time to change their proverbial gears.Today’s stories:November’s Jobs Report Landed Late – And That Wasn’t The Only DisappointmentThe European Union Made A U-Turn On Its Gas Guzzler BanTry Finimize Pro 

China posted the worst retail sales growth on record (excluding the pandemic), adding to the country’s string of disappointing data – while La Niña returned for the fifth time in six years, creating a storm in the air… and potentially, the world’s markets.Today’s stories:China’s Shops Stayed Quiet This NovemberLa Niña Storms Aren’t Limited To Crops: They Could Hit Markets, TooTry Finimize Pro