—— US GDP Growth Exceeds Forecast in Second Quarter; Amex New Perks Add Value to Gold Card; Biggest Record Lable Tanks 30% Amid Slow Growth; Lineage Achieves Biggest IPO Since Arm; WhatsApp US Active Users Breaks 100 million; Ford Drops Most in 15 Years Amid Warranty Costs; American Airline Sharply Lowers Profit Outlook 1. US …
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Market Beats | Kamala Narrows Trump Lead Significantly; US IPO Market Heats Up with $5.5bn Equity Offering; UPS Share Price Drops Most in 16 Years; 56,000 US Home Sales Fell Through in June; Tesla Profit Missed Forecast in Second Quarter; Comcast Revenues of Studios and Theme Parks Drop
—— Kamala Narrows Trump Lead Significantly; US IPO Market Heats Up with $5.5bn Equity Offering; UPS Share Price Drops Most in 16 Years; 56,000 US Home Sales Fell Through in June; Tesla Profit Missed Forecast in Second Quarter; Comcast Revenues of Studios and Theme Parks Drop 1. Kamala Narrows Trump Lead Significantly Joe Biden’s decision …
Market Beats | Head of US Secret Service Angrily Interrogated; China Lowers Key Policy Rates; AI Startup Valued at $5.5bn in Recent Fundraising; Delta Cancels Over 800 Flights Amid Outage; Amazon and Warner Bros to Bid for NBA TV Rights; SAP Cloud Revenue Grows 25%; Iconiq Raises $5.75bn for 7th Fund
—— China Lowers Key Policy Rates; AI Startup Valued at $5.5bn in Recent Fundraising; Delta Cancels Over 800 Flights Amid Outage; Amazon and Warner Bros to Bid for NBA TV Rights; Head of US Secret Service Angrily Interrogated; SAP Cloud Revenue Grows 25%; Iconiq Raises $5.75bn for 7th Fund 1. China Lowers Key Policy Rates …
Market Beats | Meta to Buy Minority Shares in Ray Ban; More Democrats Ask Biden to Step Down; Tesla Continues to Lose California Market Share; Amazon Prime Day Sales Up 11%; Toronto New Condo Sales Drops 57%; Apple to License More Movies for TV+; Blackstone Heavily Invests Before Fed Rate Cut
—— More Democrats Ask Biden to Step Down; Meta to Buy Minority Shares in Ray Ban; Tesla Continues to Lose California Market Share; Amazon Prime Day Sales Up 11%; Toronto New Condo Sales Drops 57%; Apple to License More Movies for TV+; Blackstone Heavily Invests Before Fed Rate Cut 1. More Democrats Ask Biden to …
Market Beats | US Retail Sales Stay Strong; Morgan Stanley Profit Missed Forecast; JPMorgan Buys Another Office Building; Insurance Companies Buy Mortgage to Boost Yield; Bidding War for Manhattan Apartments Heats Up; Ken Griffin Donates $10mn to Republican Funds
—— US Retail Sales Stay Strong; Morgan Stanley Profit Missed Forecast; JPMorgan Buys Another Office Building; Insurance Companies Buy Mortgage to Boost Yield; Bidding War for Manhattan Apartments Heats Up; Ken Griffin Donates $10mn to Republican Funds 1. US Retail Sales Stay Strong US retail sales, excluding the impact of a cyberattack on auto dealerships, …
Market Beats | Goldman Saches Profit Gains 150%; BlackRock AUM Hits New High; Apple India Revenue Surge 33%; Salesforce to Cut Another 300 Staff; Google In Talks to Acquire Wiz; Calpers Post 9.3% Return Thanks to Stocks; Sequoia Plans to Buy in Stripe
—— Goldman Saches Profit Gains 150%; BlackRock AUM Hits New High; Apple India Revenue Surge 33%; Salesforce to Cut Another 300 Staff; Google In Talks to Acquire Wiz; Calpers Post 9.3% Return Thanks to Stocks; Sequoia Plans to Buy in Stripe 1. Goldman Saches Profit Gains 150% Goldman Sachs Group Inc.’s trading unit drove a …
Market Beats | JPMorgan Investment Banking Fees Up 50%; US PPI Rises Slightly More Than Forecast; Biden Misspoke Multiple Times in NATO Speech; Hackers Accessed Data of Nearly All AT&T Customers; Unilever to Cut One Third European White Collars; Bitcoin ETFs See Record Inflows as Dip Buyers Return; Citigroup Revenue Gains in All Five Divisions
—— JPMorgan Investment Banking Fees Up 50%; US PPI Rises Slightly More Than Forecast; Biden Misspoke Multiple Times in NATO Speech; Hackers Accessed Data of Nearly All AT&T Customers; Unilever to Cut One Third European White Collars; Bitcoin ETFs See Record Inflows as Dip Buyers Return; Citigroup Revenue Gains in All Five Divisions 1. JPMorgan …
Market Beats | Pfizer Weight-loss Pill Shows Progress; US Overall CPI Finally Drops in June; Tesla Gains 44% in 11 Trading Days; Price of Luxury Watches Continues to Drop; US Deficit Hit $1.27tn in 2024 Fiscal Year; Aritzia Shares Gain 51% This Year; Wealth and Career Advise Startup Raises $200mn
—— Pfizer Weight-loss Pill Shows Progress; US Overall CPI Finally Drops in June; Tesla Gains 44% in 11 Trading Days; Price of Luxury Watches Continues to Drop; US Deficit Hit $1.27tn in 2024 Fiscal Year; Aritzia Shares Gain 51% This Year; Wealth and Career Advise Startup Raises $200mn 1. Pfizer Weight-loss Pill Shows Progress Pfizer …
Market Beats | Jersey City Attracts Increasingly More New Yorkers; PE Reserves Cash to Buy Distressed Commercial Properties; US Large Urbans Quickly Lose Middle-class Families; Microsoft to Not Join OpenAI Board Amid Scrutiny; Travelers Avoid Paris Ahead of Olympics Game; Tesla Becomes Biggest Holding of ARKK
—— PE Reserves Cash to Buy Distressed Commercial Properties; US Large Urbans Quickly Lose Middle-class Families; Microsoft to Not Join OpenAI Board Amid Scrutiny; Travelers Avoid Paris Ahead of Olympics Game; Jersey City Attracts Increasingly More New Yorkers; Tesla Becomes Biggest Holding of ARKK 1. PE Reserves Cash to Buy Distressed Commercial Properties Distressed investors …
Market Beats | Nike Rehired 30-Year Retired Veteran Executive; Pershing Square Began IPO Roadshow; AI Video Editor Startup Raises $60mn; Canada Trader Sentenced to 4 Year in Prison; Powell Sounds Optimistic in Recent Testimony to Congress; Mercedes Cut to Underperform on Aging Fleet
—— Nike Rehired 30-Year Retired Veteran Executive; Pershing Square Began IPO Roadshow; AI Video Editor Startup Raises $60mn; Canada Trader Sentenced to 4 Year in Prison; Powell Sounds Optimistic in Recent Testimony to Congress; Mercedes Cut to Underperform on Aging Fleet 1. Nike Rehired 30-Year Retired Veteran Executive Nike Inc. has rehired retired senior executive …