—— 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 …
Tag Archives: Market Beats
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 …
Market Beats | New York Has Most Millionaire; Disney Drops 6% Despite Earnings Beat; Prada Open to More Acquisitions; Apple Reveals New iPad After 6 Years; $1.2B LA Towers to Go On Sale; TikTok Sues US Government; Aramco Increases Quarterly Dividends
—— Disney Drops 6% Despite Earnings Beat; Prada Open to More Acquisitions; New York Has Most Millionaire; Apple Reveals New iPad After 6 Years; $1.2B LA Towers to Go On Sale; TikTok Sues US Government; Aramco Increases Quarterly Dividends 1. Disney Drops 6% Despite Earnings Beat Shares of Walt Disney Co. fell after the company, …
Market Beats | Gaza Reconstruction May Cost $50 Billion; Fed Comments Calm Investors; Lululemon Founder Pledges Over $100 Million in Shares; Rivian Secures $800 Million Incentives
—— AI Blood Test Firm Raises $100M; Fed Speech Calms Investors; Lululemon Founder Pledges Shares for Loan; Apollo Lends $40B; Rivian Gets $827M Subsidy; Carvana Soars 40%; Gaza Rebuilding May Cost $50B 1. AI Blood Test Firm Raises $100M AI-powered blood testing startup Karius has raised $100 million in its latest funding round, led by …
Market Beats | NYPD Arrests Over 100 Student Protesters; U.S. Job Openings Fall to 3-Year Low; Starbucks Reports First Sales Decline; Bitcoin Hits Multi-Month Low; AMD Earnings Miss Expectations
—— US Job Openings Hit 3-Year Low; NYPD Arrests 100+ Student Protesters; Starbucks Reports First Sales Drop; Bitcoin Falls to Multi-Month Low; AMD Misses Forecast; CVS Plunges 20%; Crude Inventories Hit 10-Month High 1. US Job Openings Hit 3-Year Low According to data released today by the U.S. Bureau of Labor Statistics, job openings in …
Market Beats | Apple Poaches Top Google AI Talent; U.S. Consumer Confidence Plunges; U.S. Home Prices Accelerate; Walgreens Hits 26-Year Low; BlackRock Launches Saudi Joint Fund
—— US Consumer Confidence Plunges; Home Price Gains Accelerate; Walgreens Hits 26-Year Low; Walmart Shuts Down Health Clinics; BlackRock and Saudi PIF Form JV; Apple Poaches Google AI Talent; Eli Lilly Raises Outlook, Shares Surge 1. US Consumer Confidence Plunges The Conference Board reported today that U.S. consumer confidence in April fell to its lowest …
Market Beats | China Approves Tesla Driver-Assist System; WeWork Reaches Restructuring Deal; Japan Suspected of Currency Intervention; Blackstone Acquires Hipgnosis; Coca-Cola Bottler Plans IPO
—— China Approves Tesla’s Driving System; Surge in End-of-Day Trading; WeWork Restructuring Deal; Suspected Yen Intervention; Blackstone Acquires Hipgnosis; Cravath Moves to Hudson Yards; Coca-Cola Bottler Plans IPO 1. China Approves Tesla’s Driving System Sources revealed that after Tesla CEO Elon Musk visited China, the company secured a major regulatory breakthrough. China has conditionally approved …
Market Beats | Google Surges 13% After Strong Earnings; Huawei’s New Phone Features China-Made Chip; Austin Home Prices Tumble as Hype Fades; Porsche Profits Plunge 30%; U.S. White-Collar Hiring Slows
—— Google Jumps 13% After Strong Earnings; Huawei’s New Phone Uses Domestic Chip; Austin Home Prices Plunge; Intel Sees Biggest Drop in 4 Years; Porsche Profit Falls 30%; March PCE Stays Hot; White-Collar Job Growth Slows 1. Google Surges 13% After Strong Earnings On Thursday evening, Google reported exceptionally strong first-quarter results, with revenue rising …