Market Beats | Trump Convicted on 34 Felony Counts; Trump May Add Volatility to Markets; Japan Spends $62 Billion to Prop Up Yen; TikTok Halts E-Commerce Plans in Europe; Bill Ackman Signals Support for Trump; Key U.S. Inflation Gauge Eases; Hang Seng Tech Index Enters Correction Territory

—— Trump Convicted on 34 Counts; Trump May Add Volatility to Markets; Japan Spends $62 Billion to Prop Up Yen; TikTok Halts European E-Commerce Plans; Bill Ackman to Support Trump; Key U.S. Inflation Gauge Eases; Hang Seng Tech Index Enters Correction Territory 1. Trump Convicted on 34 Counts After a five-week trial, former President Donald …

Market Beats | Wave of U.S. Law Firms Exit Shanghai; Foot Locker Operations Improve; Brookfield Acquires Renewable Energy Firm; RBC Earnings Beat Expectations; NATO Critically Lacking in Defense Capabilities; Costco Stock Triples in Five Years; U.S. GDP Growth Slows

—— Foot Locker Operations Improve; Brookfield Acquires Renewable Energy Firm; RBC Earnings Beat Expectations; NATO Critically Lacking in Defense Capabilities; U.S. Law Firms Exit Shanghai; Costco Stock Triples in Five Years; U.S. GDP Growth Slows 1. Foot Locker Operations Improve In the quarter ending May 4, footwear retail chain Foot Locker posted earnings of $0.22 …

Market Beats | Goldman Sachs Launches $20 Billion Credit Fund; U.S. Homeownership Costs Surpass Renting; BlackRock Bitcoin ETF Takes the Lead; Foreign Firms Dominate U.S. IPO Market; Didi Widens Q1 Losses; Shanghai and Shenzhen Lower Down Payment Requirements

—— Goldman Sachs Launches $21 Billion Credit Fund; U.S. Homeownership Costs Surpass Renting; Hundreds of Thousands Face Mortgage Payment Spikes; BlackRock Bitcoin ETF Takes the Crown; Foreign Firms Dominate U.S. IPO Market; Didi Widens Q1 Loss; Shanghai and Shenzhen Lower Down Payment Requirements 1. Goldman Sachs Launches $21 Billion Credit Fund Goldman Sachs has launched …

Market Beats | India’s Temperatures Top 50°C Again; Apple Gears Up for China’s 618 Shopping Festival; U.S. Home Prices Rise Across Top 20 Cities; U.S. Consumer Confidence Unexpectedly Improves; T-Mobile Announces $2.4 Billion Acquisition; Elliott Invests $2.5 Billion in Texas Instruments; Former FTX Executive Sentenced to 7 Years

——Apple Prepares for China’s 618 Shopping Festival; U.S. Home Prices Rise in Top 20 Cities; U.S. Consumer Confidence Surprises to the Upside; India’s Temperatures Surpass 50°C Again; T-Mobile Announces $2.4 Billion Acquisition; Elliott Invests $2.5 Billion in Texas Instruments; Former FTX Executive Sentenced to 7 Years 1. Apple Prepares for China’s 618 Shopping Festival In …

Market Beats | SpaceX Plans Internal Share Sale; Major Banks Mandate 5-Day Office Return; Google Invests in Walmart’s India Subsidiary; Eli Lilly to Invest $9 Billion in New Plants; Sparkling Water Company Hits $500M Revenue; Lululemon Stock Down 41%; MoneyGram Cuts Interest on $400M Loan

—— SpaceX Plans Internal Share Sale; Big Banks Mandate Five-Day Office Return; Google to Invest in Walmart’s Indian Subsidiary; Eli Lilly Commits $9 Billion to New Facility; Sparkling Water Startup Surpasses $500M in Revenue; Lululemon Stock Down 41%; MoneyGram Cuts Loan Rate on $400M Facility 1. SpaceX Plans Internal Share Sale According to insiders, Elon …

Market Beats | Nvidia Revenue Triples Again; Jobless Claims Decline Further; AAA-Rated Loan Loses 30%; U.S. New Home Median Price Falls; Capital Joins Forces with KKR; Musk’s xAI to Raise $6 Billion; Starwood Restricts Investor Withdrawals

—— Nvidia Revenue Triples Again; U.S. Jobless Claims Drop; AAA-Rated Loan Suffers 30% Loss; U.S. New Home Median Price Falls; Capital and KKR Form Strategic Alliance; Musk’s xAI Eyes $6B Raise; Starwood Restricts Investor Withdrawals 1. Nvidia Revenue Triples Again Nvidia reported first-quarter revenue of $26 billion, more than tripling year-over-year. Adjusted earnings per share …

Market Beats | U.S. Existing Home Sales Fall for Second Straight Month; Massachusetts Loses $1 Billion in Income Due to Population Outflow; Extreme Flood Risk in NYC Basements; Global Luxury Giants See Stock Sell-Off; NYSE Parent Company Fined Tens of Millions; Swing States Fear Election-Related Violence; Target Issues Warning, Shares Drop 9%

—— U.S. Existing Home Sales Fall for Second Month; Population Exodus Costs Massachusetts $1B; NYC Basement Flood Risk High; Global Luxury Stocks Slide; NYSE Parent Fined $10M; Swing States Fear Election Violence; Target Issues Warning, Shares Drop 9% 1. U.S. Existing Home Sales Fall for Second Month According to data released today by the National …

Market Beats | Deadly Turbulence Hits Singapore Airlines Flight; Macy’s Beats Profit Expectations with Operational Turnaround; S&P 500 Hits Record High for 24th Time; Shareholders Oppose Musk’s Mega Pay Package; Toll Brothers Home Sales Beat Forecasts; New Yorkers Can Only Afford 4% of Apartments

—— Deadly Turbulence Hits Singapore Airlines Flight; Macy’s Beats Expectations as Operations Improve; S&P 500 Hits 24th Record High; Shareholders Oppose Musk’s $56B Package; Toll Brothers Sales Beat Forecast; Only 4% of NYC Rentals Are Affordable 1. Deadly Turbulence Hits Singapore Airlines Flight ingapore Airlines issued a statement saying a flight from the UK to …

Market Beats | Iranian President Dies in Helicopter Crash; Nordstrom Chairman Passes Away; Gold Prices Hit Another Record High; Red Lobster Files for Bankruptcy; Job Market Tough for New Graduates

—— Blue Origin Resumes Tourist Rocket Launch; Iranian President Dies in Helicopter Crash; Nordstrom Chairman Passes Away; Gold Hits New Record; Red Lobster Files for Bankruptcy; Job Market Tough for New Graduates 1. Blue Origin Resumes Space Tourism Launch On Sunday, Jeff Bezos’ Blue Origin resumed space tourism flights with the launch of its New Shepard …

Market Beats | Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO

—— Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO 1. Rate Cut Could Bring Down Inflation Rick Rieder of BlackRock Inc. …