— U.S. Government Credit Rating Downgraded; 324,000 Private Sector Jobs Added in July; Amazon Revamps Grocery Business; Salesforce Expands Layoffs; American Airlines May Order 200 New Planes; NYC May House Migrants in Central Park; Apple High-Yield Account Draws in $10 Billion 1. U.S. Government Credit Rating Downgraded Today, Fitch Ratings downgraded the U.S. government’s credit …
Tag Archives: Industry Express
Market Beats | U.S. Foreign Homebuyer Activity Hits Record Low; Merck Sees Strong Sales of HPV and Cancer Drugs; Uber Reports First Operating Profit; U.S. Job Openings Fall to 2-Year Low in July; NYC Cost of Living Rises Again in August
— Foreign Purchases of U.S. Homes Hit 14-Year Low; Merck Sees Strong Sales of HPV and Cancer Drugs; Uber Posts First Operating Profit; U.S. Job Openings Hit 2-Year Low; NYC Cost of Living Rises Again in August; Two Former Blackstone Execs Launch $1B Fund; Retail Investors Fuel Nikola’s 470% Rally 1. Foreign Purchases of U.S. …
Market Beats | Country Garden Chair Donates 55% of Shares; U.S. to Issue $100B in Long-Term Bonds; 5% Mortgage Rate Becomes Key Threshold; Century-Old Sandal Brand Prepares for September IPO; AT&T Cuts 1,000 Jobs Amid Business Struggles
— U.S. to Issue $100B in Long-Term Treasuries; 5% Mortgage Rate a Key Tipping Point; Eurozone Inflation Slows, Economy Grows; Birkenstock Plans September IPO; AT&T to Cut Thousands of Jobs; Country Garden Chair Donates 55% of Stake; YouTube Star Sues Food Partner 1. U.S. to Issue $100B in Long-Term Treasuries This week, the U.S. will …
Market Beats | U.S. Hiring Cost Inflation Eases Significantly; Biogen Strikes Largest-Ever Acquisition Deal; Ship Carrying 3,000 Cars Catches Fire; Egypt Secures $616M in Loan Support; Sequoia Capital Halves Size of Two Major Funds
— U.S. Hiring Cost Inflation Significantly Eases; Biogen Makes Largest-Ever Acquisition; ExxonMobil Profit Falls for Third Straight Quarter; Ship Carrying 3,000 Vehicles Catches Fire; Egypt Secures $616M Loan Support; Sequoia Halves Two Major Funds; FDIC Selling Signature Bank Loans 1. U.S. Hiring Cost Inflation Significantly Eases The U.S. Bureau of Labor Statistics reported today that …
Market Beats | U.S. GDP Growth Beats Expectations; Hampton Homeowners Locked in Price Wars; U.S. Existing Home Sales Unexpectedly Rise; Kering Takes Stake in Luxury Brand Valentino; Fed Unveils Major Overhaul of Capital Requirements
— U.S. GDP Growth Exceeds Expectations; Hamptons Luxury Home Price Wars Intensify; U.S. Existing Home Sales Unexpectedly Rise; Kering Takes Stake in Luxury Brand Valentino; Fed Proposes Major Capital Overhaul; Meta Reports Double-Digit Revenue Growth; U.S. Gas Prices Hit New High, Troubling Biden 1. U.S. GDP Growth Exceeds Expectations According to preliminary data released today …
Market Beats | Fed Raises Rates by 25 Basis Points; Volkswagen Takes Stake in XPeng Motors; Boeing Loss Widens as Costs Surge; Investors Scoop Up $1M in Dr Pepper Options; JPMorgan Buys $2B Loan Portfolio on the Dip
— Volkswagen Invests in XPeng; Boeing Loss Widens Amid Soaring Costs; Warburg Pincus Backs PacWest; Deutsche Bank Boosts Loan Loss Provisions; Investors Snap Up Dr Pepper Call Options; Fed Announces 11th Rate Hike; JPMorgan Buys $2 Billion Mortgage Portfolio 1. Volkswagen Invests in XPeng Today, Volkswagen AG announced it will invest $700 million in Chinese …
Market Beats | LeBron James’ Son Suffers Cardiac Arrest; CATL Profits Surge 63%; Amazon Lowers Offer for iRobot Acquisition; San Francisco Office Demand Rebounds; UPS Reaches Labor Deal, Averts Strike
—— Google Revenue Beats Expectations, Stock Rises; CATL Profit Surges 63%; Amazon Lowers iRobot Acquisition Offer; San Francisco Office Demand Rebounds; UPS Reaches Labor Deal to Avert Strike; LeBron’s Son Suffers Cardiac Arrest; Microsoft Cloud Growth Slows 1. Google’s Revenue Beats Expectations, Stock Rises Alphabet, Google’s parent company, released its Q2 earnings after the market …
Market Beats | Citadel Securities Revenue Falls 35%; U.S. Stock Market Recovery Could Be Fastest on Record; Credit Suisse Pays $387M in Fines; 30 Courtyard Hotels Default on Loans; LVMH Becomes Sponsor of Paris Olympics
—— Citadel Securities Revenue Falls 35%; US Stock Market Recovery May Set Record Pace; AI Cryptocurrency Doubles on First Day; Credit Suisse Fined $387 Million; 30 Courtyard Hotels Default on Loans; Adidas Resumes Yeezy Sales; LVMH Sponsors Paris Olympics 1. Citadel Securities Revenue Falls 35% Sources revealed that Citadel Securities earned $2.73 billion in revenue …
Market Beats | Amazon to Build Satellite Calibration Facility; AutoNation Sees Rise in New Car Sales; U.S. Student Loans May Impact GDP; Barbie Movie Debut Posts Strong Box Office; Energy Trading Firm Salaries Double
—— Amazon Builds Satellite Calibration Facility; American Express Net Profit Hits Record High; AutoNation New Car Sales Rise; US Student Loans May Impact GDP; ‘Barbie’ Posts Strong Box Office Debut; Unemployment Near Record Lows in 25 US States; Energy Trader Salaries Double 1. Amazon Builds Satellite Calibration Facility Amazon plans to build a $120 million …
Market Beats | Tesla Margins Shrink, Shares Slide; Netflix Earnings Miss Weigh on Nasdaq; California Resident Wins $1.08B Lottery; CVC Launches Largest Private Equity Fund Ever; TSMC Warns of Sharp Revenue Decline
—— Tesla Margins Shrink, Stock Tumbles; Netflix Disappoints, Dragging Nasdaq Lower; Blackstone Distributable Earnings Plunge; Apollo Launches Asset-Based Fund; California Resident Wins $1.08 Billion Lottery; CVC Raises Largest Private Equity Fund Ever; TSMC Warns of Sharp Revenue Decline 1. Tesla Margins Shrink, Stock Tumbles After Wednesday’s market close, Tesla released its latest earnings report. CEO …