—— Meta Hires More Apple AI Talent to Boost Superintelligence Team; Amex Spending Rises in Q2 as Affluent Clients Keep Spending; US Housing Starts Rebound in June on Multifamily Surge; University of California Dumps Hedge Funds; Crypto Market Cap Tops $4 Trillion; Amazon Warehouse-Backed Bonds Drop on Repayment Concerns 1. Meta Hires More Apple AI …
Tag Archives: Industry Express
Market Beats | Uber Partners With Lucid and Nuro to Launch 20,000 Robotaxis; US Retail Sales Rebound in June, Easing Consumer Spending Concerns; Harvard Bonds Look Cheap After Clash With Trump Administration; Morgan Stanley’s Mike Wilson Says Bull Market Is Forming Despite Short-Term Dip; Amazon Cuts Cloud Jobs Amid Rising AI Costs; Vanbarton Gets $250M Loan to Convert Former NYC Archdiocese HQ
—— Uber Partners With Lucid and Nuro to Launch 20,000 Robotaxis; US Retail Sales Rebound in June, Easing Consumer Spending Concerns; Harvard Bonds Look Cheap After Clash With Trump Administration; Morgan Stanley’s Mike Wilson Says Bull Market Is Forming Despite Short-Term Dip; Amazon Cuts Cloud Jobs Amid Rising AI Costs; Vanbarton Gets $250M Loan to …
Market Beats | US Clears Some AI Chip Sales to China; Apple Signs $500 Million Rare Earth Deal; Citigroup Profit Surges 25% in Q2; US Inflation Hits 2.7% in June; China’s Q2 GDP Grows 5.2%
—— US Clears Some AI Chip Sales to China; Apple Signs $500 Million Rare Earth Deal; Citigroup Profit Surges 25% in Q2; US Inflation Hits 2.7% in June; China’s Q2 GDP Grows 5.2% 1. US Clears Some AI Chip Sales to China The US government has granted Nvidia Corp. and Advanced Micro Devices Inc. permission …
Market Beats | Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes; Zara Founder Ortega Buys Paris Luxury Hotel; Bain Capital Weighs Exit From Canada Goose Stake
—— Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes; Zara Founder Ortega Buys Paris Luxury Hotel; Bain Capital Weighs Exit From Canada Goose Stake 1. Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes President Donald Trump threatened to impose a 35% tariff on select Canadian imports and floated a broader increase …
Market Beats | Nvidia Hits $4 Trillion Market Value, First in History; Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring; Cocoa Powder Joins Cocoa Butter in Record Surge; Meta Invests $3.5 Billion in EssilorLuxottica; Goldman Sachs to Require Junior Bankers to Confirm Loyalty Quarterly; X CEO Linda Yaccarino Resigns After Two Years at the Helm
—— Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring; Cocoa Powder Joins Cocoa Butter in Record Surge; Meta Invests $3.5 Billion in EssilorLuxottica; Goldman Sachs to Require Junior Bankers to Confirm Loyalty Quarterly; X CEO Linda Yaccarino Resigns After Two Years at the Helm 1. Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring …
Market Beats | Apple’s AI Chief Joins Meta; US Universities Face $1 Billion Hit from Falling International Enrollment; Douglas Elliman Struggles Amid Agent Exodus and Prolonged Losses; Amazon Prime Day Sales Dip in Opening Hours Despite Extended Format; Rishi Sunak Returns to Goldman Sachs as Senior Adviser; Intel Cuts Over 500 Jobs in Oregon as Part of Major Layoffs
—— Apple’s AI Chief Joins Meta; US Universities Face $1 Billion Hit from Falling International Enrollment; Douglas Elliman Struggles Amid Agent Exodus and Prolonged Losses; Amazon Prime Day Sales Dip in Opening Hours Despite Extended Format; Rishi Sunak Returns to Goldman Sachs as Senior Adviser; Intel Cuts Over 500 Jobs in Oregon as Part of …
Market Beats | Trump to Announce Trade Deals and Tariff Warnings; Camp Mystic Flood Tragedy: 27 Campers and Counselors Confirmed Dead; Tesla Shares Drop as Elon Musk Launches New Political Party; CoreWeave to Acquire Core Scientific in $9B All-Stock Deal; Hong Kong Hits Record High in Company Listing Applications; Amazon and Walmart Set Up Summer Sales Showdown; Mercedes-Benz Q2 Sales Drop 9% as Tariffs Hit US and China Demand
—— Trump to Announce Trade Deals and Tariff Warnings; Camp Mystic Flood Tragedy: 27 Campers and Counselors Confirmed Dead; Tesla Shares Drop as Elon Musk Launches New Political Party; CoreWeave to Acquire Core Scientific in $9B All-Stock Deal; Hong Kong Hits Record High in Company Listing Applications; Amazon and Walmart Set Up Summer Sales Showdown; …
Market Beats | Bomb Threats Trigger Flight Delays at Six Major Canadian Airports; US Job Growth Beats Expectations; Ackman Urges Cuomo to Exit NYC Mayoral Race; US Services Sector Barely Expands in June; Citadel and Millennium Trail Smaller Rivals; Trump Secures $3.4 Trillion Fiscal Overhaul
—— Bomb Threats Trigger Flight Delays at Six Major Canadian Airports; US Job Growth Beats Expectations; Ackman Urges Cuomo to Exit NYC Mayoral Race; US Services Sector Barely Expands in June; Citadel and Millennium Trail Smaller Rivals; Trump Secures $3.4 Trillion Fiscal Overhaul 1. Bomb Threats Trigger Flight Delays at Six Major Canadian Airports Several …
Market Beats | Microsoft Cuts 9,000 Jobs in Second Major Layoff; Tesla’s Global Sales Drop for Second Straight Quarter; Trump Says Trade Deal Reached With Vietnam to Avert Tariffs; Witkoff Sells Miami Beach Waterfront Lot for Over $24M; Armani Sales Drop 5% in 2024 Amid China Slowdown; BYD Shelves Mexico Plant Plans
—— Microsoft Cuts 9,000 Jobs in Second Major Layoff; Tesla’s Global Sales Drop for Second Straight Quarter; Trump Says Trade Deal Reached With Vietnam to Avert Tariffs; Witkoff Sells Miami Beach Waterfront Lot for Over $24M; Armani Sales Drop 5% in 2024 Amid China Slowdown; BYD Shelves Mexico Plant Plans 1. Microsoft Cuts 9,000 Jobs …
Market Beats | Trump Says He’ll ‘Take a Look’ at Deporting Elon Musk; Trump Tax Bill Cuts $560 From Poorest While Giving $6,055 to Richest; US Auto Sales Slump After Spring Surge as Tariffs and High Prices Bite; Apple Weighs Using OpenAI or Anthropic Models for Siri; US Dollar Suffers Worst Start to a Year Since 1973
—— Trump Says He’ll ‘Take a Look’ at Deporting Elon Musk; Trump Tax Bill Cuts $560 From Poorest While Giving $6,055 to Richest; US Auto Sales Slump After Spring Surge as Tariffs and High Prices Bite; Apple Weighs Using OpenAI or Anthropic Models for Siri; US Dollar Suffers Worst Start to a Year Since 1973 …