—— Fed Signals Two More Rate Hikes; Tesla’s Longest Rally Ends; Private Equity Firm Raises $16.5 Billion; Kroger Revenue Misses Estimates; Tesla Offers Free Supercharging; US Retail Sales Surprise; Microsoft Hits Record High 1. Fed Signals Two More Rate Hikes At Wednesday’s meeting, the Federal Reserve paused rate hikes for the first time but indicated …
Tag Archives: Industry Express
Market Beats | Top U.S. Diplomat to Visit China This Week; U.S. Mortgage Application Index Jumps; Long Island City Landmark Reopens After Renovation; Nvidia Invests in AI Video Generation Startup; Citadel Expands High-Yield Credit Exposure
—— U.S. Mortgage Applications Surge; LIC Landmark Tower Renovated for Leasing; Nvidia Backs AI Video Firm; Accenture Commits $3B to AI; Citadel Ups High-Yield Credit Bets; Canadian Pension Fund Buys Banff Resort; Top U.S. Diplomat Visiting China 1. U.S. Mortgage Applications Surge According to the Mortgage Bankers Association (MBA), the U.S. mortgage application index jumped …
Market Beats | U.S. Inflation Cools Again in May; Innovo Secures Hundreds of Millions in LIC Warehouse Financing; Cain Acquires $1.2B in PacWest Real Estate Debt; China Drafts New Support Policies for Property Sector
—— US Inflation Eases in May Again; Innovo Secures Hundreds of Millions for LIC Warehouse Loan; Cain Buys $1.2B PacWest Real Estate Debt; Arm’s IPO Seeks Intel Support; Adani Group Plans First Post-Crisis Financing; China Drafts New Property Support Policies; Family Office Launches $30M Real Estate Fund 1. US Inflation Eases in May Again According …
Market Beats | Twitter Refuses to Pay Rent, Goldman Dragged In; China’s Property Sector May See L-Shaped Recovery; NIO Slashes Prices by ¥30,000 Across Lineup; Nasdaq Acquires Financial Software Firm; CalPERS Ramps Up VC Investments
—— China Property May See L-Shaped Recovery; UBS Finalizes Credit Suisse Merger; Nio Cuts All Car Prices by ¥30,000; Nasdaq Acquires Financial Software Firm; CalPERS Expands Venture Capital Investments; India Inflation Hits 2-Year Low; Twitter Refuses Rent, Goldman Gets Burned 1. China Property May See L-Shaped Recovery Goldman Sachs released a study suggesting that China’s …
Market Beats | GM Adopts Tesla Charging Technology; NYC Pays $300 Daily to House Migrants; Prank Causes Sushi Chain’s Value to Drop Billions; China Increases EV Purchase Subsidies; S&P 500 Enters Bull Market
— GM announces adoption of Tesla charging technology; NYC subsidizes $300 daily for migrant housing; Sushi chain loses billions from prank; China boosts EV subsidies; Sequoia splits into three; S&P 500 enters bull market; VISA acquires Brazilian FinTech company 1. GM announces adoption of Tesla charging technology On Thursday, General Motors CEO Mary Barra tweeted …
Market Beats | Manhattan Apartment Rentals Move at Record Pace; Microsoft Subleases Times Square Office Space; Blackstone Sells Texas Resort for $800M; Developer Rejected by 48 Lenders for Apartment Project; Moving from NYC to Miami Could Save $200K
— Manhattan Apartment Leasing Surges; TikTok Sets $20B E-commerce Goal; Microsoft Subleases Times Square Offices; Blackstone Sells Texas Resort for $800M; Uber Vows Emissions & Plastic Cuts; Developer Rejected by 48 Lenders; Moving to Miami Saves $200K 1. Manhattan Apartment Leasing Surges According to the latest data from brokerage firm Douglas Elliman Real Estate, in …
Market Beats | Canadian Wildfire Smoke Blankets New York; Goldman Sells Irish Mall at a Loss; U.S. CMBS Delinquency Rates Continue to Rise; Google Plans Launch of AI Advisory Services; Tesla Shares Hit 7-Month High Again
—— Canadian Wildfire Smoke Blankets New York; China’s Export Volume Drops; Dell Family Office Gains $10 Billion; Goldman Sells Irish Mall at a Loss; U.S. CMBS Delinquency Rate Continues to Climb; Google Plans AI Consulting Services; Tesla Hits Seven-Month High 1. Canadian Wildfire Smoke Blankets New York Due to wildfires in Canada, New York City …
Market Beats | Apple Unveils Mixed Reality Headset; Biden Signs Debt Ceiling Bill; Apple Stock Hits All-Time High; U.S. Bull Market May Be Short-Lived; Ares Launches $8.7B Loan Fund
—— Apple Hits All-Time High; Biden Signs Debt Ceiling Law; U.S. Bull Market May Be Short-Lived; Longest Direct Flights Carry 20% Premium; Ares Launches $8.7B Loan Fund; Apple Unveils Mixed Reality Headset; Tourism Fuels Japan’s Inflation 1. Apple Hits All-Time High Today, Apple’s stock reached an all-time high of $183.76, surpassing its previous record set …
Market Beats | U.S. Job Growth Smashes Expectations in May; Swire to Develop $1B Tower in Miami; China Drafts New Policies to Boost Real Estate; Apple to Open 53 New Stores; Amazon May Launch Free Communication Service
—— U.S. Jobs “Smash” Forecasts in May; Meta Mandates 3 Office Days; Swire Plans $1B Miami Towers; China Drafts New Property Policies; Apple to Refurbish 53 Stores; Amazon May Launch Free Wireless Plan; NYC Multifamily Property Snapshot 1. U.S. Jobs “Smash” Forecasts in May In May, the U.S. added a total of 339,000 non-farm jobs, …
Market Beats | LVMH Chief Plans Visit to China; U.S. Real Estate Risks Recession; Salesforce Loses Its Shine, Worries Investors; Alibaba Challenges ChatGPT; Low-Cost Alternatives Emerge for Expensive Drug Humira
—— U.S. Real Estate Nearing Recession; LVMH CEO Plans China Visit; Macy’s Cuts Outlook, Shares Fall 15%; Apollo, Bain Eye Shinko Stake; Salesforce Faces Shareholder Concerns; Alibaba Challenges ChatGPT; Humira Gets Affordable Alternative 1. U.S. Real Estate Nearing Recession Ross Perot Jr., a 64-year-old real estate developer worth over $1 billion, said in a Bloomberg …