—— White House Says Oracle to Secure and Rebuild US TikTok Algorithm; Crypto Market Hit by $1.5B Liquidations; Oracle Names Co-CEOs as Safra Catz Steps Down; Indian IT Stocks Drop as Trump Imposes $100,000 H-1B Visa Fee; Nvidia Plans Up to $100B Investment in OpenAI for AI Infrastructure; CVS Subsidiary Omnicare Files for Bankruptcy After …
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Market Beats | Katie Keenan Appointed CEO of Blackstone’s BREIT; Apple’s iPhone17 Hit Stores With Strong Early Demand in Asia; Markets Steady as Wall Street Wraps Up Fed Weekl; Microsoft to Spend $6.2B on AI Computing Power in Norway; Times Square and West Side Casino Plans Rejected by Community Committees; PwC Cuts 1,500 Staff in Middle East After Rift With Saudi Wealth Fund; Porsche Cuts Forecast as EV Launches Delayed
—— Katie Keenan Appointed CEO of Blackstone’s BREIT; Apple’s iPhone17 Hit Stores With Strong Early Demand in Asia; Markets Steady as Wall Street Wraps Up Fed Weekl; Microsoft to Spend $6.2B on AI Computing Power in Norway; Times Square and West Side Casino Plans Rejected by Community Committees; PwC Cuts 1,500 Staff in Middle East …
Market Beats | Nvidia to Invest $5 Billion in Intel; US Jobless Claims Fall by the Most in Nearly Four Years; Jimmy Kimmel’s Late-Night Show Suspended Indefinitely; FTC and Seven States Sue Live Nation and Ticketmaster; Tishman Speyer Sells Beverly Hills Office Building for $205 Million; Federal Reserve Cuts Rates, Signals Two More Reductions This Year; Meta Unveils First Smart Glasses With Built-In Display
—— Nvidia to Invest $5 Billion in Intel; US Jobless Claims Fall by the Most in Nearly Four Years; Jimmy Kimmel’s Late-Night Show Suspended Indefinitely; FTC and Seven States Sue Live Nation and Ticketmaster; Tishman Speyer Sells Beverly Hills Office Building for $205 Million; Federal Reserve Cuts Rates, Signals Two More Reductions This Year; Meta …
Market Beats | US Mortgage Rates Drop to Lowest in Nearly a Year; US Housing Starts Fall to Lowest Since May; China Bans Tech Giants From Buying Nvidia Chips; Apple’s smartphone sales in China fell 6%; Foreign Investors Step Up Dollar Hedging; US Consumer Credit Scores Post Biggest Drop Since 2009
—— US Mortgage Rates Drop to Lowest in Nearly a Year; US Housing Starts Fall to Lowest Since May; China Bans Tech Giants From Buying Nvidia Chips; Apple’s smartphone sales in China fell 6%; Foreign Investors Step Up Dollar Hedging; US Consumer Credit Scores Post Biggest Drop Since 2009 1. US Mortgage Rates Drop to …
Market Beats | Trump Sues The New York Times for $15B; Judge Dismisses Terrorism Charges in Mangione Case; US Retail Sales Extend Gains in August; Disney, Universal, and Warner Bros. Sue China’s MiniMax Over IP Piracy; Beijing Approves US TikTok Using Chinese Algorithm; MBA ROI in the US Declines; Wealthy Consumers Driving US Economy
—— Trump Sues The New York Times for $15B; Judge Dismisses Terrorism Charges in Mangione Case; US Retail Sales Extend Gains in August; Disney, Universal, and Warner Bros. Sue China’s MiniMax Over IP Piracy; Beijing Approves US TikTok Using Chinese Algorithm; MBA ROI in the US Declines; Wealthy Consumers Driving US Economy 1. Trump Sues …
Market Beats | Nvidia 2020 Acquisition Violates Antitrust Laws in China; Alphabet Hits $3 Trillion Market Value; Musk Buys $1 Billion in Tesla Stock Amid Pay Package Debate; Trump Proposes Shift From Quarterly to Semiannual Earnings Reports; Barclays to Spend Over $1 Billion on Times Square HQ Renovation; Bruce Jacobs Donates $60M to Launch Wharton Master’s in Quantitative Finance; CoreWeave Secures $6.3B Cloud Deal with Nvidia
—— Nvidia 2020 Acquisition Violates Antitrust Laws in China; Alphabet Hits $3 Trillion Market Value; Musk Buys $1 Billion in Tesla Stock Amid Pay Package Debate; Trump Proposes Shift From Quarterly to Semiannual Earnings Reports; Barclays to Spend Over $1 Billion on Times Square HQ Renovation; Bruce Jacobs Donates $60M to Launch Wharton Master’s in …
Market Beats | Apple delays iPhone Air launch in mainland China; Tesla valuation faces skepticism; Armani Will Outlines Sale of Stake; Gemini IPO Surges on First Day; Nasdaq Fires Employee Over Social-Media Post on Charlie Kirk Shooting; RH CEO Says Deep Discounts Are Essential
—— Apple delays iPhone Air launch in mainland China; Tesla valuation faces skepticism; Armani Will Outlines Sale of Stake; Gemini IPO Surges on First Day; Nasdaq Fires Employee Over Social-Media Post on Charlie Kirk Shooting; RH CEO Says Deep Discounts Are Essential 1. Apple delays iPhone Air launch in mainland China Apple Inc. has postponed …
Market Beats | Oracle soars to record on aggressive AI cloud forecast; US wholesale inflation unexpectedly declines; New York City’s aging subway cars deepen commuter delays; Trump administration launches employee savings reward program; Hedge fund talent war breaks old rules; Uber expands into air travel with Blade booking integration; Apple launches ultra-thin iPhone Air while holding prices steady
—— Oracle soars to record on aggressive AI cloud forecast; US wholesale inflation unexpectedly declines; New York City’s aging subway cars deepen commuter delays; Trump administration launches employee savings reward program; Hedge fund talent war breaks old rules; Uber expands into air travel with Blade booking integration; Apple launches ultra-thin iPhone Air while holding prices …
Market Beats | Leadership Vacancies Deepen Strains at US BLS; Why New York Developers Are Fixated on 99-Unit Buildings; Winklevoss twins’ Gemini secures $50 million from Nasdaq; Murdoch settles succession battle; Klarna aims to price IPO above guidance range; US job growth sharply revised down; BYD warns of looming bloodbath in China’s car market
—— Leadership Vacancies Deepen Strains at US BLS; Why New York Developers Are Fixated on 99-Unit Buildings; Winklevoss twins’ Gemini secures $50 million from Nasdaq; Murdoch settles succession battle; Klarna aims to price IPO above guidance range; US job growth sharply revised down; BYD warns of looming bloodbath in China’s car market 1. Leadership Vacancies …
Market Beats | US Job Growth Likely Overstatedl; SpaceX to Acquire EchoStar Spectrum in $17 Billion Deal; BYD Expands in Europe With New Models and Showrooms; Alibaba Becomes Chinese Investors’ Top Pick on AI Optimism; JPMorgan Warns Fed Rate Cut Could Spark ‘Sell the News’; US Consumer Borrowing Rises Most in Three Months
—— US Job Growth Likely Overstatedl; SpaceX to Acquire EchoStar Spectrum in $17 Billion Deal; BYD Expands in Europe With New Models and Showrooms; Alibaba Becomes Chinese Investors’ Top Pick on AI Optimism; JPMorgan Warns Fed Rate Cut Could Spark ‘Sell the News’; US Consumer Borrowing Rises Most in Three Months 1. US Job Growth …