Market Beats | Ex-NBA Player Sentenced to 40 Months; More US Mortgages Go Underwater; $3B PE-owned Companies Await Exit; Airbnb Drops 8.5%; US Jobless Claims Jumps by 22,000; Warner Bros Posts Disappointing Earnings; Manhattan Rent Could Break Historical High

—— More US Mortgages Go Underwater; $3B PE-owned Companies Await Exit; Airbnb Drops 8.5%; US Jobless Claims Jumps by 22,000; Warner Bros Posts Disappointing Earnings; Manhattan Rent Could Break Historical High; Ex-NBA Player Sentenced to 40 Months 1. More US Mortgages Go Underwater As of the first few months of 2024, approximately one in 37 …

Market Beats | Uber Revenue Growth in Doubt; Shopify Posts Surprise Loss; Pandemic Winners Lost $1.5tn; Apollo Lines Up $1.1B Acquisition Loan; FTSE 100 Breaks Record Highs; Apple Loses Almost All Top Designers; Rivian Loss Exceeds Forecast

—— Uber Revenue Growth in Doubt; Shopify Posts Surprise Loss; Pandemic Winners Lost $1.5tn; Apollo Lines Up $1.1B Acquisition Loan; FTSE 100 Breaks Record Highs; Apple Loses Almost All Top Designers; Rivian Loss Exceeds Forecast 1. Uber Revenue Growth in Doubt Uber Technologies Inc. reported that first-quarter gross bookings fell short of analysts’ expectations due …

Market Beats | New York Has Most Millionaire; Disney Drops 6% Despite Earnings Beat; Prada Open to More Acquisitions; Apple Reveals New iPad After 6 Years; $1.2B LA Towers to Go On Sale; TikTok Sues US Government; Aramco Increases Quarterly Dividends

—— Disney Drops 6% Despite Earnings Beat; Prada Open to More Acquisitions; New York Has Most Millionaire; Apple Reveals New iPad After 6 Years; $1.2B LA Towers to Go On Sale; TikTok Sues US Government; Aramco Increases Quarterly Dividends 1. Disney Drops 6% Despite Earnings Beat Shares of Walt Disney Co. fell after the company, …

Market Beats | Netflix Handily Beats Expectation; Oyo Hotels Seeks $450M Refinance; Israel Launches Retaliatory Strikes; Amex Revenue Exceeds Forecast; P&G Raises 2024 Profit Outlook; Apollo and Sony Team Up to Bid For Paramount; Tesla Recalls Near 3,900 Cybertrucks

—— Netflix Handily Beats Expectation; Oyo Hotels Seeks $450M Refinance; Israel Launches Retaliatory Strikes; Amex Revenue Exceeds Forecast; P&G Raises 2024 Profit Outlook; Apollo and Sony Team Up to Bid For Paramount; Tesla Recalls Near 3,900 Cybertrucks 1. Netflix Handily Beats Expectation In the initial quarter of 2024, the company acquired 9.33 million new customers, …

Market Beats | Blackstone Profit Narrowly Beats Forecast; Semiconductor Index Enters Correction Zone; US Treasury Has Dangerous Selloff Risk; US Unemployment Claims Stabilizes; Cocoa Price Hits Record High; Bitcoin Briefly Dips Below $60k; Orange County Mall Listed for $300M.

—— Blackstone Profit Narrowly Beats Forecast; Semiconductor Index Enters Correction Zone; US Treasury Has Dangerous Selloff Risk; US Unemployment Claims Stabilizes; Cocoa Price Hits Record High; Bitcoin Briefly Dips Below $60k; Orange County Mall Listed for $300M 1. Blackstone Profit Narrowly Beats Forecast Blackstone Inc. generated higher fees from prominent retail funds and credit strategies …

Market Beats | US Mortgage Rate Rises to 4-Month High; Morgan Stanley Plans Biggest China Job Cut; VIX Soars on War and Inflation Fear; Trump Donar Base Shrunk; IMF Criticizes US Fiscal Policy; Jane Street Trading Revenue Doubles; Quantitative Tightening Could Stop in 2025

—— US Mortgage Rate Rises to 4-Month High; Morgan Stanley Plans Biggest China Job Cut; VIX Soars on War and Inflation Fear; Trump Donar Base Shrunk; IMF Criticizes US Fiscal Policy; Jane Street Trading Revenue Doubles; Quantitative Tightening Could Stop in 2025 1. US Mortgage Rate Rises to 4-Month High Mortgage rates in the US …

Market Beats | Hong Kong Apartment Discounted 40%; BofA Traders Notch Best Quarter; BYD Unveils 2 New Models; Vornado to Develop Citadel Skyscraper; Tesla Market Cap Drops Below $500 bn; WNBA Start to Earn Less Than $80k

—— BofA Traders Notch Best Quarter; BYD Unveils 2 New Models; Vornado to Develop Citadel Skyscraper; Tesla Market Cap Drops Below $500 bn; WNBA Start to Earn Less Than $80k; Hong Kong Apartment Discounted 40% 1. BofA Traders Notch Best Quarter Bank of America Corp. traders achieved impressive results in the first quarter, marking it …

Market Beats | Yen Falls to 30 Year Low; Goldman Posts Surprise Profit Jump; US Retail Sales Rise More Than Forecast; US Homebuilder Sentiment Remains High; Bain Sells Payroll Software Company; Fed Could Raise Rate to 6.5%; Tesla to Cut 10% Global Staff

——Goldman Posts Surprise Profit Jump; US Retail Sales Rise More Than Forecast; US Homebuilder Sentiment Remains High; Bain Sells Payroll Software Company; Fed Could Raise Rate to 6.5%; Yen Falls to 30 Year Low; Tesla to Cut 10% Global Staff 1. Goldman Posts Surprise Profit Jump Goldman Sachs Group Inc. is reaping the rewards of …

Market Beats | Jane Street Traders Stole Strategies; JPMorgan Share Drops After NII Miss; BlackRock AUM Hits $10.5tn; Dollar Has Strongest Week Since 2022; Brookfield Invests in Castlelake; US Car Insurance Cost Rises Sharply

—— JPMorgan Share Drops After NII Miss; BlackRock AUM Hits $10.5tn; Dollar Has Strongest Week Since 2022; Brookfield Invests in Castlelake; US Car Insurance Cost Rises Sharply; UL Solutions Jump After IPO; Jane Street Traders Stole Strategies 1. JPMorgan Share Drops After NII Miss JPMorgan Chase & Co. disclosed that its net interest income slightly …

Market Beats | Interpreter Stole $16mn from Baseball Star; PPI Rises by Most in 11 Months; Citadel Building Lands Refinancing; Ford Cuts EV Pickup Price; Fed’s Official Sees No Rush to Cut Rate; ByteDance Buys Back Employee Shares

—— PPI Rises by Most in 11 Months; Harvard Brings Back SAT Test; Citadel Building Lands Refinancing; Ford Cuts EV Pickup Price; Fed’s Official Sees No Rush to Cut Rate; Interpreter Stole $16mn from Baseball Star; ByteDance Buys Back Employee Shares 1. PPI Rises by Most in 11 Months In March, US producer prices saw …