—— Demand in the U.S. job market slowed in June; Citigroup hopes to expand by 500 people; Uber’s first quarterly free cash flow; Mysterious Chinese ADR surged 520%; AmericanDream defaulted on interest; Airbnb revenue rose 25%; Robinhood laid off another 23%. 1. U.S. job demands slowed in June The number of job vacancies in the …
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Market Beats | Oracle consumer division lays off employees; Apple issues bonds to reward shareholders; real estate company acquires student apartments; Apollo acquires air transport company Atlas; PepsiCo takes a stake in energy drink Celsius
—— Oracle consumer division lays off employees; Apple issues $5.5 billion in debt to return investors; Estee Lauder acquires Tom Ford; Global Payments acquires EVO; LA real estate company acquires student apartments; Apollo acquires air transport company Atlas. 1. Oracle consumer division lays off employees Texas-based software company Oracle plans to lay off some workers …
Market Beats | iPhone sales beat expectations; Sequoia Capital opens its New York office; oil giants revenue far exceeds expectations; LeBron invests in bicycle brand; Amazon’s revenue beats expectations to push stocks higher
—— Apple’s iPhone sales beat expectations; two major U.S. economic indicators get worse; Sequoia Capital enters New York City; oil giant revenue creates new records; LeBron invests in bicycle brands; Amazon’s earnings beat expectations, pushing stocks higher. 1. iPhone sales beat expectations On Thursday, Apple (Apple Inc.) announced its highly anticipated fiscal third-quarter results. The …
Market Beats | U.S. GDP shrinks in Q2; CFA Level 3 pass rate rises; Fed raises interest rates by 75 basis points; Microsoft founder’s properties are sold; JetBlue wins Spirit takeover battle
—— U.S. GDP shrinks in Q2; CFA Level 3 pass rate rises; Federal Reserve raises interest rates by 75 basis points; Mastercard payment volume surges 58%; Microsoft founder’s properties are sold; Instagram promotes racial diversity; JetBlue wins Spirit acquisition war. 1. U.S. GDP shrinks again in Q2 According to preliminary data released today by the …
Market Beats | French housing attracts U.S. buyers; Twitter cuts office space and saves costs; Country Garden sales discounted shares; U.S. low-income people spend less on eating outside; U.S. Senate passes chip bill
—— French housing attracts US buyers; Twitter cuts office space to save costs; Tremor acquires AD technology companies; Country Garden sells shares at a discount; Kraft Heinz raises its income forecast; Low-income people in the United States spend less on eating outside; the US Senate passes the chip bill. 1. French housing attracts US buyers …
Market Beats | U.S. new home sales fell 8.1% in June; GM’s net profit fell 40% due to production constraints; Shopify laid off 10% of staff; Invesco acquired a self-storage building
—— U.S. new home sales fell 8.1% in June; GM’s net profit fell 40% due to production constraints; Shopify laid off 10% of staff; Deutsche’s head joined Rockefeller; Invesco acquired a self-storage building; Credit Suisse CEO is leaving; Meta’s new VR glasses price increases $100. 1. U.S. new home sales fell 8.1% in June U.S. …
Market Beats | China injects capital to support real estate developers; Morgan Stanley is optimistic about 60/40 portfolio; North Stream pipeline is restricted again; BYD’s market position is rapidly rising; GM receives $2.5 billion loan from the US Department of Energy
—— Hybrid office reduces employee turnover; Morgan Stanley is optimistic about the 60/40 portfolio; the Nord Stream natural gas pipeline is restricted again; BYD’s market position is rapidly rising; GM received a $2.5 billion loan from the US Department of Energy; Walmart received a price cut to reduce stockpiling; China has injected capital to support …
Market Beats | Volkswagen CEO Herbert will step down; U.S. apartment and warehouse properties are fading; Snap loses $400 million and shares fall 30%; Sunday’s New York City temperature may break records; FTX may acquire South Korean cryptocurrency platform
—— Volkswagen CEO Herbert will step down; U.S. apartment and warehouse properties are fading; Snap loses $400 million and its stock price falls 30%; this Sunday, the temperature in New York City may break a record; United Airlines cuts thousands of flights; FTX may acquire South Korean cryptocurrency Platform; Tesla acquisition affects Twitter revenue. 1. …
Market Beats | Former Coinbase manager arrested for insider trading; US unemployment claims exceed expectations; Ford signs multiple battery suppliers; Amazon acquires OneMedical; Blackstone AUM increases 38%
—— U.S. unemployment claims exceed expectations; Ford signs multiple battery suppliers; Amazon acquires One Medical; mushroom meat products company raises $150 million; former Coinbase manager is arrested for insider trading; global heat wave drives natural gas prices; Blackstone AUM increases 38%. 1. U.S. jobless claims beat expectations The number of U.S. Initial Unemployment Claims rose …
Market Beats | Tesla sold 75% of its bitcoin holdings; BlackRock acquired a renewable natural gas company; Netflix lost 970,000 users; Evergrande asset restructuring was delayed; U.S. second-hand home sales fell again in June
—— BlackRock acquires renewable natural gas company; Netflix loses 970,000 users; U.S. mortgage applications hit a 22-year low; Evergrande’s asset restructuring was delayed; U.S. second-hand home sales fell again in June; Ford plans to lay off 8,000 jobs; Tesla Sell 75% of Bitcoin holdings. 1. BlackRock acquired a renewable natural gas company BlackRock, the world’s …