Market Beats | Sales of Previously Owned US Homes Surge; Stocks and Gold Gain On Fed; Apple CEO Opens New Shanghai Store; US Initial Jobless Claims Ease; Target to Double Employee Bonuses; Bank of England holds rates at 5.25%; Reddit Jumps 67% After IPO

—— Stocks and Gold Gain On Fed; Apple CEO Opens New Shanghai Store; US Initial Jobless Claims Ease; Target to Double Employee Bonuses; Bank of England holds rates at 5.25%; Reddit Jumps 67% After IPO; 7. 1. Stocks and Gold Gain On Fed Global equities surged to all-time highs, led by tech stocks in Europe, …

Market Beats | Intel Gets $20 Billion in US Grants; Bitcoin Drops to 2-Week Low; Demand for Bespoke Bentley Skyrockets; Citi Cuts London Investment Bank Jobs; Fed Maintains 3 Rate Cuts Expectation

—— Intel Gets $20 Billion in US Grants; Bitcoin Drops to 2-Week Low; Demand for Bespoke Bentley Skyrockets; Citi Cuts London Investment Bank Jobs; Alibaba Sells $317 million of XPeng Shares; Astera Soars 46% After $713 Million IPO; Fed Maintains 3 Rate Cuts Expectation 1. Intel Gets $20 Billion in US Grants The United States …

Market Beats | Nvidia Unveils Most Powerful Chip; Boeing Explores Defense Asset Sales; Blackstone Founder Income Falls Below $1bn; Unilever to Split Off Ice Cream Business; Gucci Sales to Plunge 20%

—— Nvidia Unveils Most Powerful Chip; Boeing Explores Defense Asset Sales; Blackstone Founder Income Falls Below $1bn; Unilever to Split Off Ice Cream Business; Hippocratic Hits $500mn Valuation; Gucci Sales to Plunge 20%; CVC-Backed Douglas Goes IPO. 1. Nvidia Unveils Most Powerful Chip Nvidia Corp. introduced its most advanced chip architecture yet, unveiled at the …

Market Beats | Apple in Talks to Team Up with Google; Apple Buys Canadian AI Startup; UK consulting market to flatline; Shell Plans to Divest 1,000 Retail Sites; Florida Is Not So Cheap Anymore

—— Apple in Talks to Team Up with Google; Apple Buys Canadian AI Startup; UK consulting market to flatline; Shell Plans to Divest 1,000 Retail Sites; Audi Unveils Long-Delayed Q6 E-Tron; Manhattan Condo Starts Sales After 7 Yrs; Florida Is Not So Cheap Anymore 1. Apple in Talks to Team Up with Google Apple Inc. is …

Market Beats | Adobe Tumbles Most Since 2002; Fed Seen Sticking with Three 2024 Cuts; CATL Full-Year Income Jumps; S&P 500 Falls as $5.3 Trillion Options Expires; Global Art Sales Dropped 4% Last Year; TikTok’s US revenues hit $16bn

—— Fed Seen Sticking with Three 2024 Cuts; CATL Full-Year Income Jumps; S&P 500 Falls as $5.3 Trillion Options Expires; Adobe Tumbles Most Since 2002; Global Art Sales Dropped 4% Last Year; TikTok’s US revenues hit $16bn; Tesla hits 10-month low 1. Fed Seen Sticking with Three 2024 Cuts Economists surveyed by Bloomberg News suggest …

Market Beats | JPMorgan Fined $348 Million; US Producer Prices Jump More Than Forecast; US Retail Sales Miss Forecasts; Mnuchin Wants to Buy TikTok; NYC Has Lost 546,000 Residents; Manhattan Apartment Rents Climb

—— US Producer Prices Jump More Than Forecast; US Retail Sales Miss Forecasts; Mnuchin Wants to Buy TikTok; NYC Has Lost 546,000 Residents; Manhattan Apartment Rents Climb; JPMorgan Fined $348 Million; Blackstone Recommends Buy the Real Estate Dip 1. US Producer Prices Jump More Than Forecast In February, prices paid by US producers saw a …

Market Beats | Disney invests $1.5 billion in Epic Games; McKinsey could fire 3,000 staffers; Manhattan rent keeps rising; Ralph Lauren jumps to 9-year high.

—— Disney invests $1.5 billion in Epic Games; McKinsey could fire 3,000 staffers; Initial jobless claims fall; Manhattan rent keeps rising; Ralph Lauren jumps to 9-year high; Chinese VC firm to invest $1 billion in Middle East; US mortgage rate ticks up. 1. Disney invests $1.5 billion in Epic Games Today, Walt Disney announced to …

Market Beats | Alibaba cuts 20,000 staff; Uber makes first operating profit; US trade deficit shrinks; Target proposes paid membership; Messi apologizes to Chinese fans

—— Alibaba cuts 20,000 staff; Uber makes first operating profit; Central Huijin increases equity holdings; US trade deficit shrinks; Target proposes paid membership; Messi apologizes to Chinese fans; KKR REIT tanks 15% 1. Alibaba cuts 20,000 staff According to Alibaba’s latest quarterly earnings report, the company has 219,260 global staffs at the end of December, …

Market Beats | Brookfield raises $15 billion new fund; Toyota invests additional $1.3 billion in Kentucky; NYCB stock price halved in one week; Vanguard capitalizes on AI in four new funds; Adam Newman offers to buy back WeWork; UPS jumped most in two years; Top China hedge fund dump stocks ahead of sell-off.

—— Brookfield raises $15 billion new fund; Toyota invests additional $1.3 billion in Kentucky; NYCB stock price halved in one week; Vanguard capitalizes on AI in four new funds; Adam Newman offers to buy back WeWork; UPS jumped most in two years; Top China hedge fund dump stocks ahead of sell-off 1. Brookfield raises $15 …

Market Beats | U.S. job demands slowed in June; Uber recorded its first quarterly free cash flow; AmericanDream defaulted on interest; Robinhood laid off another 23% of employees

—— 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 …