—— BlackRock Acquires Preqin for $3.2bn; BYD Sales Break New Record in Second Quarter; Robinhood Acquires AI-Driven Advisory Firm; Boeing Acquires Spirit AeroSystems; Boeing Acquires Spirit AeroSystems; Keith Gill Discloses $260mn Stake in Chewy; Millennium Management Returns 6.9% in 2024; Ownership to Sell Boston Celtics 1. BlackRock Acquires Preqin for $3.2bn BlackRock Inc.’s expansion into …
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Market Beats | Biden Disastrous Debate Cast More Doubt; US Key Inflation Measure Rises by Least in 6 Months; Nike Market Cap Sheds $23bn; Junior Bankers Log 100-Hour Weeks Again; Tesla Share Price Braces for Big Volatility; Pershing Sqaure Plans IPO at $50 a Share; Qatar to Build $5.5bn Theme Park
——Biden‘s Disastrous Debate Cast More Doubt; US Key Inflation Measure Rises by Least in 6 Months; Nike Market Cap Sheds $23bn; Junior Bankers Log 100-Hour Weeks Again; Tesla Share Price Braces for Big Volatility; Pershing Sqaure Plans IPO at $50 a Share; Qatar to Build $5.5bn Theme Park 1. Biden‘s Disastrous Debate Cast More Doubt …
Market Beats | US Office Buildings to Lose $250bn in Value; US Continuing Jobless Claim Rises to 3 Year High; US Pending Home Sales Slide; Golden Era for PE Buyouts Is Over?; US Mortgage Rates Fall for 4 Straight Weeks; Chewy Jumps 34% on a Cartoon Picture; SpaceX Awarded $843mn Contract from NASA
——US Continuing Jobless Claim Rises to 3 Year High; US Pending Home Sales Slide; Golden Era for PE Buyouts Is Over?; US Office Buildings to Lose $250bn in Value; US Mortgage Rates Fall for 4 Straight Weeks; Chewy Jumps 34% on a Cartoon Picture; SpaceX Awarded $843mn Contract from NASA 1. US Continuing Jobless Claim …
Market Beats | Amazon Market Cap Hits $2tn; Yen Depreciates to Lowest Level Since 1986; US New Single-family Homes Sales Slump; High US Earners Start Worrying about Finances; Interactive Brokers Lost $48mn from NYSE Glitch; Millions of Retirement Accounts Earn Big on Stocks; KKR Buys $2.1bn Multifamily Portfolio
—— Yen Depreciates to Lowest Level Since 1986; US New Single-family Homes Sales Slump; High US Earners Start Worrying about Finances; Amazon Market Cap Hits $2tn; Interactive Brokers Lost $48mn from NYSE Glitch; Millions of Retirement Accounts Earn Big on Stocks; KKR Buys $2.1bn Multifamily Portfolio 1. Yen Depreciates to Lowest Level Since 1986 The …
Market Beats | Ex-Millennium CIO Raises $5.3bn; Sony and Warner Sue AI Startups; Nvidia Erases $400bn Market Cap; Novo to Build $4.1bn Factory in America; Canada Pension Funds’ Real Estate Investments Sour; Barcelona to Ban Short-Term Rentals
—— Ex-Millennium CIO Raises $5.3bn; Sony and Warner Sue AI Startups; Nvidia Erases $400bn Market Cap; Novo to Build $4.1bn Factory in America; Canada Pension Funds’ Real Estate Investments Sour; Barcelona to Ban Short-Term Rentals 1. Ex-Millennium CIO Raises $5.3bn Bobby Jain has secured $5.3 billion in commitments for his new multistrategy hedge fund, Jain …
Market Beats | McDonald’s to Raise Fast Food Price War; UK Central Bank to Hold Rates Steady; Henan to Sell ¥52bn of Special Bond; Biden Gives Green Card Access to Undocumented Immigrants; US New Home Construction Sharply Plunges; More Disabled Americans Found Jobs; Germany Orders $3.1bn of Leopard Tanks
—— UK Central Bank to Hold Rates Steady; McDonald’s to Raise Fast Food Price War; Henan to Sell ¥52bn of Special Bond; Biden Gives Green Card Access to Undocumented Immigrants; US New Home Construction Sharply Plunges; More Disabled Americans Found Jobs; Germany Orders $3.1bn of Leopard Tanks 1. UK Central Bank to Hold Rates Steady …
Market Beats | Boeing Said to Have Lost Hundreds of Faulty Parts; US Retail Sales Softens; US Industrial Output Rises More Than Forecast; Apple Discontinues Buy Now Pay Later Service; GenZ Investors Prefer Car and Watches Over Stocks; Merck Newly Approved Vaccine to Challenge Pfizer; Nvidia Becomes World’s Most Valuable Company
—— US Retail Sales Softens; US Industrial Output Rises More Than Forecast; Apple Discontinues Buy Now Pay Later Service; Boeing Said to Have Lost Hundreds of Faulty Parts; GenZ Investors Prefer Car and Watches Over Stocks; Merck Newly Approved Vaccine to Challenge Pfizer; Nvidia Becomes World’s Most Valuable Company 1. US Retail Sales Softens US …
Market Beats | Trafigura Pays $55mn to Settle Fraud Charges; China Releases Series of Economy Data; A Third of Global Investment is Denominated in Dollar; 98F Heatwave to Hit NYC This Friday; China Launches Anti-dumping Probe Against EU; Apple Battery Suppler Achieves Key Material Breakthrough
—— China Releases Series of Economy Data; A Third of Global Investment is Denominated in Dollar; 98F Heatwave to Hit NYC This Friday; China Launches Anti-dumping Probe Against EU; Apple Battery Suppler Achieves Key Material Breakthrough; Trafigura Pays $55mn to Settle Fraud Charges; 1. China Releases Series of Economy Data China’s housing market downturn worsened …
Market Beats | Cava Restaurants are Worth $33mn Each; Ford EVs to Lose $5.5bn This Year; US Consumer Sentiment Drops to 7-month Low; Ardian to Buy Heathrow Airport Shares; Pork Producers Benefit from Beef Inflation; Sotheby’s to Host Biggest Champagne Auction; 37 People Hospitalized amid E.coli Outbreak
—— Ford EVs to Lose $5.5bn This Year; US Consumer Sentiment Drops to 7-month Low; Cava Restaurants are Worth $33mn Each; Ardian to Buy Heathrow Airport Shares; Pork Producers Benefit from Beef Inflation; Sotheby’s to Host Biggest Champagne Auction; 37 People Hospitalized amid E.coli Outbreak 1. Ford EVs to Lose $5.5bn This Year Ford Motor …
Market Beats | G-7 Sells $50bn Loan to Support Ukraine; Tesla Shareholders Approve of Elon’s Pay; US PPI Posts Surprise Drop in May; US Jobless Claims Jumps to 9 Month High; Google to Partner with Geothermal Startup; Tyson Foods CFO Arrested Again; Mortgage Rates Fell for 2 Weeks
—— G-7 Sells $50bn Loan to Support Ukraine; Tesla Shareholders Approve of Elon’s Pay; US PPI Posts Surprise Drop in May; US Jobless Claims Jumps to 9 Month High; Google to Partner with Geothermal Startup; Tyson Foods CFO Arrested Again; Mortgage Rates Fell for 2 Weeks 1. G-7 Sells $50bn Loan to Support Ukraine The …