—— WeWork Restructures Debt via Fundraising; U.S. Private-Sector Job Gains Beat Expectations; 30-Year Mortgage Rates Rise for Fourth Week; Ken Griffin Warns of Inevitable Hard Landing; U.S. Housing Shortage Hits 6.5 Million; Silvergate Short Sellers Earn $780 Million; Adobe Unveils New San Jose Office Tower 1. WeWork Restructures Debt via Fundraising Sources reveal that WeWork, …
Tag Archives: Industry Express
Market Beats | Fed Considers Larger Rate Hikes; Electronic Trading Becomes Hot Job on Wall Street; Private Credit Giants Encroach on Investment Banks; Meta Launches New Round of Layoffs This Week; U.S. Series B VC Funding Faces Headwinds
—— Fed Considers Larger Rate Hikes; Electronic Trading Becomes Hot Wall Street Role; Private Credit Giants Rival Investment Banks; CVC Invests in Women’s Tennis Association; Meta Begins New Round of Layoffs This Week; Salesforce Launches $250M AI Fund; U.S. Series B VC Funding Shows Alarming Decline 1. Fed Considers Larger Rate Hikes Today, Federal Reserve …
Market Beats | Tesla Cuts Prices Again for Model S and X; Qualtrics Receives $12.4B Buyout Offer; LIBOR Surpasses 5%; Goldman Sachs Veteran Departs; U.S. May Introduce Bill to Ban TikTok
—— Qualtrics Receives $12.4 Billion Buyout Offer; LIBOR Surpasses 5% Threshold; Tesla Cuts Model S and X Prices Again; Major Credit Suisse Shareholder Exits Position; Goldman Sachs Star Trader Resigns; Tech Companies Face Financing Crunch; U.S. May Introduce Bill to Ban TikTok 1. Qualtrics Receives $12.4 Billion Buyout Offer U.S. private equity firm Silver Lake …
Market Beats | Amazon Closes 8 Cashierless Stores; Halts Construction on Second Headquarters; AI Startup Raises $675M; Over Half of U.S. Mortgages Locked Below 4%
—— Amazon to Close 8 Cashierless Stores; Coinbase Acquires One River; Amazon Halts Second HQ Construction; UK Builder Vistry Cuts Hundreds of Jobs; AI Startup Raises $675M; Over Half of U.S. Mortgages Below 4%; VW Brand to Build $2B Plant 1. Amazon to Close 8 Cashierless Stores Amazon.com Inc. spokesperson Jessica Martin said in an …
Market Beats | Blackstone Defaults on $562M CMBS Loan; Crypto Bank Stocks Slashed in Half; U.S. Bond Market Sees Yield Curve Inversion Again; Singapore Raises Permanent Residency Investment Threshold; U.S. 30-Year Mortgage Rates May Top 7% Again
—— Blackstone Defaults on $562M CMBS; Crypto Bank Shares Halve; Tesla Investor Day Disappoints; U.S. Yield Curve Inverts Again; Singapore Raises PR Investment Threshold; 30-Year U.S. Mortgage Rate May Top 7%; Citi Invests Billions, Cuts Jobs 1. Blackstone Defaults on $562M CMBS Private equity giant Blackstone has defaulted on a $562 million commercial mortgage-backed security …
Market Beats | Rivian Burns Cash Too Fast, Shares Plunge; Bain Capital Launches $1.9B VC Fund; Eli Lilly Cuts Prices on Diabetes Drugs; Two Major Landlords May Trigger Wave of Defaults
—— Rivian Shares Plunge Amid Rapid Cash Burn; Bain Capital Launches $1.9B VC Fund; Drone Startup Raises $230M; Eli Lilly Cuts Insulin Prices; Bridgewater to Lay Off 100 Employees; Silverstein to Develop Queens Apartment Project; Two Landlords May Trigger Default Wave 1. Rivian Shares Plunge Amid Rapid Cash Burn On Tuesday, Amazon-backed electric vehicle maker …
Market Beats | Oaktree Launches LBO Loan Fund; Two Top French Michelin Restaurants Lose Stars; Billionaire Donates $1.9B to Museum; All-Cash Homebuyers Surge in U.S.; Musk Reclaims Title as World’s Richest Person
—— Oaktree Launches LBO Loan Fund; Two Top French Michelin Restaurants Lose Stars; Hong Kong Telecom Firm Gets $1B Offer; Billionaire Donates $1.9B to Museum; U.S. Cash Homebuyers Surge; Goldman May Sell Consumer Finance Unit; Elon Musk Regains World’s Richest Title 1. Oaktree Launches LBO Loan Fund Private credit firm Oaktree Capital plans to raise …
Market Beats | U.S. Pending Home Sales Surge; Apartment Rents Fall Across 11 Major U.S. Cities; NBA Team Owner Sees 6x Investment Return; Twitter Cuts More Executives; Turkey Earthquake Causes $34B in Damages
—— U.S. Pending Home Sales Surge; Palantir May Turn First Profit This Year; Apartment Rents Fall in 11 U.S. Cities; NBA Team Owner Gets 6x Return; Twitter Cuts More Executives; Turkey Earthquake Causes $34B Damage; Brookfield Launches $20B Fund 1. U.S. Pending Home Sales Surge According to data released today by the National Association of …
Market Beats | U.S. New Home Sales Hit Record High; Inflation in U.S. Worsens Unexpectedly Again; JPMorgan Market Cap May Top $1 Trillion; Goldman and Citi Push Back on ChatGPT; Saudi Developer Lists on London Stock Exchange
—— U.S. New-Home Sales Surge; Investors Shift from Stocks to Bonds; U.S. Inflation Unexpectedly Worsens; JPMorgan May Hit $1 Trillion Valuation; Goldman and Citi Crack Down on ChatGPT; Saudi Developer Lists in London; NetEase and Alibaba Shares Plunge 1. U.S. New-Home Sales Surge According to data released today by the U.S. government, sales of newly …
Market Beats | $2.3 Trillion Wiped from U.S. Housing Market; Average U.S. Retirement Savings Fall 20%; Japan Airliner Forced to Abort Landing; 2022 Real Estate Fundraising in Review; Private Credit Fuels Growth in Emerging Economies
—— U.S. Housing Market Loses $2.3 Trillion; Americans’ Retirement Savings Drop 20%; Japan Plane Turns Around Before Landing; Major Ice Storm Hits U.S. Midwest; 2022 Real Estate Fundraising Recap; Private Credit Expands in Emerging Markets; Goldman Invites Clients into Stripe Round 1. U.S. Housing Market Loses $2.3 Trillion According to data from real estate brokerage …