Market Beats | Trump may increase stock market volatility; Japan spends $62 billion to intervene in the yen; TikTok halts European e-commerce plans; Bill Ackman to support Trump; Key U.S. inflation indicators ease; Hang Seng Tech Index enters correction territory

—— Trump convicted on 34 counts; Trump may increase stock market volatility; Japan spends $62 billion to intervene in the yen; TikTok halts European e-commerce plans; Bill Ackman to support Trump; Key U.S. inflation indicators ease; Hang Seng Tech Index enters correction territory 1.  Trump convicted on 34 counts After a 5-week and 2-day trial, …

Market Beats | Bill Ackman Sells 10% Stake in Pershing Square; Ex-Millennium Trader Debuts $5bn Hedge Fund; US Homebuyers Revolt Over High Prices; NYSE Has Second Glitch in a Week; Oil Prices Fall More Than 3%; Planet Fitness Issues $800mn Loan; NYC Families Rush to Apply for Affordable Housing

—— Bill Ackman Sells 10% Stake in Pershing Square; Ex-Millennium Trader Debuts $5bn Hedge Fund; US Homebuyers Revolt Over High Prices; NYSE Has Second Glitch in a Week; Oil Prices Fall More Than 3%; Planet Fitness Issues $800mn Loan; NYC Families Rush to Apply for Affordable Housing 1. Bill Ackman Sells 10% Stake in Pershing …

Market Beats | Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO

—— Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO 1. Rate Cut Could Bring Down Inflation Rick Rieder of BlackRock Inc. …

Market Beats | Ray Dalio Warns of US Debt Risk; US Housing Starts Fall Short; Dow Jones Hits 40,000 Milestone; Billionaire Increases Chinese Stock Holdings; Walmart Posts Better Than Forecast Earnings; AI Hype Fades For Lack of Breakthrough; Starwood Tapes Credit As Investors Withdraw

—— US Housing Starts Fall Short; Dow Jones Hits 40,000 Milestone; Billionaire Increases Chinese Stock Holdings; Walmart Posts Better Than Forecast Earnings; AI Hype Fades For Lack of Breakthrough; Ray Dalio Warns of US Debt Risk; Starwood Tapes Credit As Investors Withdraw 1. US Housing Starts Fall Short In April, new home construction in the …

Market Beats | China Considers Buying Back Unsold Homes; April CPI Data Supports Rate Cut; Netflix Buys NFL Games Streaming Rights; US Homebuilder Sentiment Drops; Biden, Trump to Debate Live Twice; OpenAI Rival Hires Instagram Founder; JBS to Commercialize Biogas

—— April CPI Data Supports Rate Cut; Netflix Buys NFL Games Streaming Rights; US Homebuilder Sentiment Drops; Biden, Trump to Debate Live Twice; OpenAI Rival Hires Instagram Founder; JBS to Commercialize Biogas; China Considers Buying Back Unsold Homes 1. April CPI Data Supports Rate Cut The consumer price index (CPI) rose by 0.3% in April …

Market Beats | AWS Chief to Step Down; NY to Redevelop Brooklyn Coastline; Uber Buys Taiwan Delivery Business; Fed Disappointed in Inflation Progress; GameStop Hard to Rally Like 2021; EQT-Backed Waystar to Go IPO; De Beers to Be Sold or Spun Off

—— AWS Chief to Step Down; NY to Redevelop Brooklyn Coastline; Uber Buys Taiwan Delivery Business; Fed Disappointed in Inflation Progress; GameStop Hard to Rally Like 2021; EQT-Backed Waystar to Go IPO; De Beers to Be Sold or Spun Off 1. AWS Chief to Step Down Adam Selipsky, the head of Amazon.com Inc.’s cloud-computing division, …

Market Beats | Squarespace Privatized After Brief IPO; GameStop Shares More Than Double; Intell, Apollo to Build Ireland Plant; Apple to Sell VR Headset Internationally; UAE Releases New AI Model; JPMorgan Buys Queens Retail Plaza; CRE Loan Distress Rate Hits New High

—— Squarespace Privatized After Brief IPO; GameStop Shares More Than Double; Intell, Apollo to Build Ireland Plant; Apple to Sell VR Headset Internationally; UAE Releases New AI Model; JPMorgan Buys Queens Retail Plaza; CRE Loan Distress Rate Hits New High 1. Squarespace Privatized After Brief IPO Permira is purchasing Squarespace Inc. for approximately $6.6 billion …

Market Beats | Biden to Announce New China Tariffs; US Consumer Sentiment Sharply Drops; Tesla to Invest $500m on Supercharger; Zeekr Jumps 40% After US IPO; Fed Cautious of CRE Loan Delinquency; Biden Advisor Proposes Higher Corporate Tax; Novavax Jumps 146% On New Deal

—— Biden to Announce New China Tariffs; US Consumer Sentiment Sharply Drops; Tesla to Invest $500m on Supercharger; Zeekr Jumps 40% After US IPO; Fed Cautious of CRE Loan Delinquency; Biden Advisor Proposes Higher Corporate Tax; Novavax Jumps 146% On New Deal 1. Biden to Announce New China Tariffs The Biden administration is set to …

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 …