—— Global Stocks Slip as Wall Street Warns on Valuations; Pfizer and Novo Nordisk Escalate Bidding War for Obesity Startup Metsera; First Brands Founder Accused of Diverting $700 Million for Personal Use; Stellantis Recalls Over 320,000 Jeep Plug-In Hybrids; Ethereum’s Corporate Buying Experiment Unravels; IBM to Cut Thousands of Jobs This Quarter; Apple to Launch …
Category Archives: en
Market Beats | Amazon Signs $38 Billion AI Cloud Deal With OpenAI; US Factory Activity Contracts for Eighth Straight Month in October; US Corporate Layoffs Mount, Hinting at Cooling Labor Market; Alphabet to Sell $22 Billion in Bonds to Fund AI and Cloud Expansion; Microsoft Strikes $9.7 Billion AI Capacity Deal With Australia’s IREN; Ares Earnings Surge 122% as Private Equity Secondaries Boom; Palantir Boosts Revenue Outlook to $4.4 Billion
—— Amazon Signs $38 Billion AI Cloud Deal With OpenAI; US Factory Activity Contracts for Eighth Straight Month in October; US Corporate Layoffs Mount, Hinting at Cooling Labor Market; Alphabet to Sell $22 Billion in Bonds to Fund AI and Cloud Expansion; Microsoft Strikes $9.7 Billion AI Capacity Deal With Australia’s IREN; Ares Earnings Surge …
Market Beats |First Brands Lenders Accuse Company of ‘Widespread Fraud’; JPMorgan Leads $90 Million Funding Round for Texas Stock Exchange; Amazon’s Cloud Growth Reassures Investors on AI Spending; KPMG to Include AI Use in Employee Performance Reviews; BYD Faces a Reality Check After Global Expansion; Intel in Talks to Acquire AI Chip Startup SambaNova
—— First Brands Lenders Accuse Company of ‘Widespread Fraud’; JPMorgan Leads $90 Million Funding Round for Texas Stock Exchange; Amazon’s Cloud Growth Reassures Investors on AI Spending; KPMG to Include AI Use in Employee Performance Reviews; BYD Faces a Reality Check After Global Expansion; Intel in Talks to Acquire AI Chip Startup SambaNova 1. First …
Market Beats | Trump, Xi Strike One-Year Truce That Calms Tensions; US Mortgage Rates Fall for Fourth Week; Meta to Sell at Least $25 Billion in Bonds; YouTube to Use AI to Upscale Low-Resolution Videos; Chipotle Cuts Outlook Again as Consumer Spending Weakens; Bitcoin Slumps Toward Range Lows; Core Scientific Shareholders Reject $9 Billion CoreWeave Merger
—— Trump, Xi Strike One-Year Truce That Calms Tensions; US Mortgage Rates Fall for Fourth Week; Meta to Sell at Least $25 Billion in Bonds; YouTube to Use AI to Upscale Low-Resolution Videos; Chipotle Cuts Outlook Again as Consumer Spending Weakens; Bitcoin Slumps Toward Range Lows; Core Scientific Shareholders Reject $9 Billion CoreWeave Merger 1. …
Market Beats | US, South Korea Finalize Trade Deal; Nvidia Nears $5 Trillion Valuation; Kraft Heinz Cuts Sales Outlook Amid Weak US Consumer Spending; Fiserv Shares Plunge Record 46% After Earnings Cut; US Pending Home Sales Stall in September; Federal Reserve to End Balance Sheet Reduction in December; Alphabet Reports Quarterly Sales Above Estimates
—— US, South Korea Finalize Trade Deal; Nvidia Nears $5 Trillion Valuation; Kraft Heinz Cuts Sales Outlook Amid Weak US Consumer Spending; Fiserv Shares Plunge Record 46% After Earnings Cut; US Pending Home Sales Stall in September; Federal Reserve to End Balance Sheet Reduction in December; Alphabet Reports Quarterly Sales Above Estimates 1. US, South …
Market Beats | UPS Surges After Profit Tops Estimates; U.S. Home Prices See Smallest Gain in Over Two Years; Microsoft Secures 27% Stake in OpenAI; Apple Hits $4 Trillion Market Value; Nvidia Launches NVQLink to Connect Quantum Computers With AI Chips; US Consumer Confidence Falls for Third Month in October; Uber to Deploy 100,000 Nvidia-Powered Autonomous Vehicles
—— UPS Surges After Profit Tops Estimates; U.S. Home Prices See Smallest Gain in Over Two Years; Microsoft Secures 27% Stake in OpenAI; Apple Hits $4 Trillion Market Value; Nvidia Launches NVQLink to Connect Quantum Computers With AI Chips; US Consumer Confidence Falls for Third Month in October; Uber to Deploy 100,000 Nvidia-Powered Autonomous Vehicles …
Market Beats | Qualcomm Enters AI Data Center Market With New Chips; Gold Drops Below $4,000; Amazon to Cut 30,000 Corporate Jobs; Nvidia and Deutsche Telekom to Build €1 Billion AI Data Center in Germany; Wall Street Grows Wary of Mounting Risks; S&P Assigns Junk Rating to Strategy Inc.; Nearly All Wall Street Analysts Rate Microsoft a Buy
—— Qualcomm Enters AI Data Center Market With New Chips; Gold Drops Below $4,000; Amazon to Cut 30,000 Corporate Jobs; Nvidia and Deutsche Telekom to Build €1 Billion AI Data Center in Germany; Wall Street Grows Wary of Mounting Risks; S&P Assigns Junk Rating to Strategy Inc.; Nearly All Wall Street Analysts Rate Microsoft a …
Market Beats | JPMorgan to Let Institutional Clients Use Bitcoin and Ether as Loan Collateral; September Inflation Data Comes In Softer; Pentagon Says It Received Anonymous $130 Million Donation; Tesla Faces Declining Deliveries and Mounting Challenges Despite Lofty Valuation; Porsche Posts First Quarterly Loss Since Listing; Princeton Endowment Gains 11%
—— JPMorgan to Let Institutional Clients Use Bitcoin and Ether as Loan Collateral; September Inflation Data Comes In Softer; Pentagon Says It Received Anonymous $130 Million Donation; Tesla Faces Declining Deliveries and Mounting Challenges Despite Lofty Valuation; Porsche Posts First Quarterly Loss Since Listing; Princeton Endowment Gains 11% 1. JPMorgan to Let Institutional Clients Use …
Market Beats | Private Credit Managers Increase Valuation Frequency to Attract Retail Investors; Wall Street Bonus Pool on Track for Record Year; Rivian Cuts 600 Jobs as U.S. EV Market Weakens; Amazon Launches “Help Me Decide,” an AI Tool; Trump Pardons Binance Founder Changpeng Zhao; California Considers 5% One-Time Wealth Tax on Billionaires; Goldman Sachs Nears $1 Billion Deal for Majority Stake in Excel Sports Management
—— Private Credit Managers Increase Valuation Frequency to Attract Retail Investors; Wall Street Bonus Pool on Track for Record Year; Rivian Cuts 600 Jobs as U.S. EV Market Weakens; Amazon Launches “Help Me Decide,” an AI Tool; Trump Pardons Binance Founder Changpeng Zhao; California Considers 5% One-Time Wealth Tax on Billionaires; Goldman Sachs Nears $1 …
Market Beats | Tesla Profit Misses Estimates Despite Record EV Sales; Beyond Meat Soars More Than 1,100% in Four Days; Kering Beats Sales Forecasts; Michelin Warns North American Weakness to Persist; Volatility Returns to Wall Street as Megacaps Drop and Gold Slides; Meta Cuts About 600 Jobs at AI Unit; Chinese Developer Zhang Xin Expands New York Real Estate Portfolio
—— Beyond Meat Soars More Than 1,100% in Four Days; Kering Beats Sales Forecasts; Michelin Warns North American Weakness to Persist; Volatility Returns to Wall Street as Megacaps Drop and Gold Slides; Meta Cuts About 600 Jobs at AI Unit; Chinese Developer Zhang Xin Expands New York Real Estate Portfolio; Tesla Profit Misses Estimates Despite …