—— Rivian Shares Plunge Amid Rapid Cash Burn; Bain Capital Launches $1.9B VC Fund; Drone Startup Raises $230M; Eli Lilly Cuts Insulin Prices; Bridgewater to Lay Off 100 Employees; Silverstein to Develop Queens Apartment Project; Two Landlords May Trigger Default Wave 1. Rivian Shares Plunge Amid Rapid Cash Burn On Tuesday, Amazon-backed electric vehicle maker …
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Market Beats | Oaktree Launches LBO Loan Fund; Two Top French Michelin Restaurants Lose Stars; Billionaire Donates $1.9B to Museum; All-Cash Homebuyers Surge in U.S.; Musk Reclaims Title as World’s Richest Person
—— Oaktree Launches LBO Loan Fund; Two Top French Michelin Restaurants Lose Stars; Hong Kong Telecom Firm Gets $1B Offer; Billionaire Donates $1.9B to Museum; U.S. Cash Homebuyers Surge; Goldman May Sell Consumer Finance Unit; Elon Musk Regains World’s Richest Title 1. Oaktree Launches LBO Loan Fund Private credit firm Oaktree Capital plans to raise …
Market Beats | U.S. Pending Home Sales Surge; Apartment Rents Fall Across 11 Major U.S. Cities; NBA Team Owner Sees 6x Investment Return; Twitter Cuts More Executives; Turkey Earthquake Causes $34B in Damages
—— U.S. Pending Home Sales Surge; Palantir May Turn First Profit This Year; Apartment Rents Fall in 11 U.S. Cities; NBA Team Owner Gets 6x Return; Twitter Cuts More Executives; Turkey Earthquake Causes $34B Damage; Brookfield Launches $20B Fund 1. U.S. Pending Home Sales Surge According to data released today by the National Association of …
Market Beats | U.S. New Home Sales Hit Record High; Inflation in U.S. Worsens Unexpectedly Again; JPMorgan Market Cap May Top $1 Trillion; Goldman and Citi Push Back on ChatGPT; Saudi Developer Lists on London Stock Exchange
—— U.S. New-Home Sales Surge; Investors Shift from Stocks to Bonds; U.S. Inflation Unexpectedly Worsens; JPMorgan May Hit $1 Trillion Valuation; Goldman and Citi Crack Down on ChatGPT; Saudi Developer Lists in London; NetEase and Alibaba Shares Plunge 1. U.S. New-Home Sales Surge According to data released today by the U.S. government, sales of newly …
Market Beats | $2.3 Trillion Wiped from U.S. Housing Market; Average U.S. Retirement Savings Fall 20%; Japan Airliner Forced to Abort Landing; 2022 Real Estate Fundraising in Review; Private Credit Fuels Growth in Emerging Economies
—— U.S. Housing Market Loses $2.3 Trillion; Americans’ Retirement Savings Drop 20%; Japan Plane Turns Around Before Landing; Major Ice Storm Hits U.S. Midwest; 2022 Real Estate Fundraising Recap; Private Credit Expands in Emerging Markets; Goldman Invites Clients into Stripe Round 1. U.S. Housing Market Loses $2.3 Trillion According to data from real estate brokerage …
Market Beats | Wingstop’s New Product Sends Stock to Record High; U.S. Mortgage Applications Plunge 18%; China Urges State-Owned Firms to Cut Ties with Big Four Auditors; Meta Plans Another 1,000 Layoffs; McKinsey May Cut 1,000 Back-Office Jobs
—— Wingstop Shares Hit Record on New Menu Item; U.S. Mortgage Applications Plunge 18%; Intel Cuts Dividend by 66%; China Urges State Firms to Drop Big Four Auditors; Meta Plans Thousands More Layoffs; McKinsey May Cut 2,000 Staff; China Lithium Prices Down 29% 1. Wingstop新品助股价创新高 Today, chicken wing chain Wingstop Inc. reported that same-store sales …
Market Beats | Tesla EVs More Affordable Than Ever; U.S. Existing Home Sales Fall for 12th Straight Month; Wall Street Warns S&P 500 May Drop 26%; Yelp Cuts 70% of HQ City Staff; Key Data Emerges on U.S. Office Property Market
—— U.S. Existing-Home Sales Fall for 12th Straight Month; Morgan Stanley Warns of 26% Market Drop; Walmart Forecast Disappoints, Shares Fall 4%; Yelp Sees 70% Staff Drop in HQ Cities; Key U.S. Office Market Data Released; Microsoft Signs 10-Year Deal with Nintendo; Tesla EVs Now Most Affordable Ever 1. U.S. Existing-Home Sales Fall for 12th …
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 …
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 …