1. Nearly 40% of US Homeowners Are Mortgage-Free 2. Amazon Lays Off Hundreds in Alexa Division 3. Eli Lilly to Build $2.5 Billion Plant in Germany 4. Ransomware Gang Lockbit Hits Two More Firms 5. Citigroup to Announce First Layoffs Post-Restructuring 6. OpenAI Board Ousts CEO 7. UK Billionaire Buys Stake in Manchester United 1. …
Tag Archives: Industry Express
Market Beats | Fried Chicken Chain Founder Nets $7.6B; Blackstone Launches $10B Private Credit Fund; Macy’s Shares Jump 11%; Alibaba Scraps Cloud Unit Spin-Off; AI May Replace 40% of Roles at Accenture
1. Blackstone Launches $10 Billion Direct Lending Fund 2. Macy’s Shares Surge 11% 3. Alibaba Abandons Cloud Unit Spin-off 4. AI Could Take Over 40% of Accenture Staff Tasks 5. US Labor Market Continues to Cool 6. Fried Chicken Founder Builds $7.6 Billion Fortune 7. Biden Stresses Importance of US-China Relation 1. Blackstone Launches $10 …
Market Beats | Buffett Dumps Large-Cap Stocks; Miami Poised to Become Global Financial Hub; Target Earnings Beat Lifts Markets; Talks Collapse Between Two Major Hedge Funds; U.S. Retail Sales Remain Strong
1. Target Earnings Beat Lifts Stock Market 2. Miami Could Become the Next Global Financial Hub 3. Two Major Hedge Funds End Partnership Talks 4. US Retail Sales Show Resilience 5. Starlink May Spin Off and Go Public 6. Two Billionaires Sell Nvidia Shares 7. Buffett Dumps Large-Cap Stocks 1. Target Earnings Beat Lifts Stock …
Market Beats | China Pledges ¥1 Trillion to Support Real Estate; Brooklyn Real Estate Investment Halves; Michael Burry Shorts Semiconductor Stocks; China and U.S. Team Up to Combat Fentanyl Trade; Three Jewish Students File Complaint Against NYU
1. China to Inject ¥1 Trillion to Support Real Estate 2. Brooklyn Property Investment Volume Halved 3. Michael Burry Bets Against Semiconductors 4. US CPI Rises Less Than Expected in October 5. China and US to Crack Down on Fentanyl Trade 6. Luxury Watch Price Index Hits Two-Year Low 7. Jewish Students Sue NYU for …
Market Beats | Only 14% of Voters Approve of Biden’s Economic Policy; Diamond Prices Plunge, De Beers Opts to Hoard; Google Pays Apple 36% of Ad Revenue; U.S. Government Bond Interest Payments Soar 87%
1. US Home Improvement Retailers See Revenue Slump 2. De Beers to Stockpile Diamonds Amid Price Crash 3. Only 14% of Voters Approve of Biden’s Economic Policies 4. Google Pays Apple 36% of Search Ad Revenue 5. Extell Sells Papaya King Development Site 6. US Government Interest Costs Surge 87% 7. Pepsi Set to Overtake …
Market Beats | World’s Largest Bank Hit by Cyberattack; Luxury Sector Sees Broad Demand Slowdown; 46% of EY Audits Found Substandard; Microsoft Stock Hits Record as U.S. Markets Surge; Nvidia to Export Downgraded Chips to China
1. World’s Largest Bank Hit by Cyberattack 2. Global Luxury Demand Cools Across the Board 3. T. Rowe Price Clients May Withdraw $26.3 Billion 4. 46% of EY’s US Audits Found Deficient 5. Microsoft Hits Record High, Stocks Surge 6. Nvidia Designs Weaker AI Chips for China 7. Partners Group Seeks Bank Loan for Buyout …
Market Beats | NYC Apartment Rents Fall from Peak; World’s First Carbon Removal Facility Completed; Global High Inflation May Last for Decades; Wegovy Faces Fierce New Weight-Loss Rival; U.S. Delinquent Commercial Real Estate Loans Hit Record High
1. World’s First Carbon Removal Facility Completed 2. Global High Inflation Could Last for Decades 3. NYC Apartment Rents Retreat From Peak 4. Wegovy Faces Major New Rival in Obesity Drug Market 5. Powell’s Hawkish Remarks Sink U.S. Stocks 6. U.S. Delinquent Commercial Real Estate Loans Hit New High 7. AI May Slash Animated Film …
Market Beats | Pinduoduo Poised to Dominate Singles’ Day Again; Ping An Sells Entire Stake in Country Garden; GTA VI Publisher’s Stock Soars; 30-Year Mortgage Rates Drop Sharply; BlackRock Invests in Occidental’s Carbon Capture Project
1. PDD May Continue Singles’ Day Reign 2. Private Equity Firms Add Perks to Retain Talent 3. Ping An Sells All of Its Country Garden Shares 4. Take-Two Stock Soars on GTA 6 News 5. 30-Year U.S. Mortgage Rates Drop Sharply 6. BlackRock Invests in Occidental’s Carbon Capture Project 7. Disney Earnings Beat Expectations 1. …
Market Beats | Point72 Founder Bids for Casino License; WeWork Files for Bankruptcy; Accounting AI Startup Raises $60M; Trump to Testify This Week Over Inflated Asset Values; U.S. Household Debt Jumps $200B
1. WeWork Files for Bankruptcy 2. New $4.1 Billion Private Credit Fund Launched 3. AI Accounting Startup Raises $60 Million 4. Trump Faces Court Over Inflated Assets 5. U.S. Household Debt Surges by $200 Billion 6. Point72 Founder Bids for Casino License 7. Carlyle Announces Layoffs Amid Fundraising Slump 1. WeWork Files for Bankruptcy WeWork, …
Market Beats | McKinsey and BCG Freeze Salaries in 2024; Bumble Founder Steps Down; Princeton Hires MIT’s Investment Chief; European AI Startups Raise €500M; Hedge Funds Burned on U.S. Treasury Shorts
1. Bumble Founder to Step Down as CEO 2. No Salary Increases at McKinsey & BCG in 2024 3. Princeton Hires MIT CIO for Endowment 4. Dish Shares Plunge 22% Amid Customer Loss 5. European AI Startup Raises $500 Million 6. Hilton Acquires Bluegreen for $1.5 Billion 7. Hedge Fund Treasury Shorts Backfire 1. Bumble …