Market Beats | U.S. GDP Unexpectedly Rises 3.3%; Tesla Shares Drop 10%; Bank of America Awards $800M in Stock Bonuses; Radio Silence Causes NYC Subway Derailment; LVMH Raises Dividend Payout

—— U.S. GDP Surges 3.3%; Tesla Stock Plunges 10%; Microsoft Lays Off 1,900 Gaming Employees; Bank of America Awards $800M in Stock to Staff; Radio Failure Causes NYC Subway Derailment; eBay Cuts 1,000 Jobs Due to Overstaffing; LVMH Raises Dividend 1. U.S. GDP Surges 3.3% Preliminary estimates released by the U.S. government today show that …

Market Beats | Microsoft Market Cap Tops $3 Trillion; PBOC Cuts Reserve Requirement Ratio; BlackRock Dominates Bitcoin ETF Market; AI Boom Sends Google Stock to Record High; Netflix User Growth Smashes Expectations

—— PBOC Cuts Reserve Ratio; BlackRock Dominates Bitcoin ETF Market; Microsoft Surpasses $3 Trillion Valuation; Abbott Bets on Nutrition Sales; AI Boom Pushes Google Stock to Record; Netflix Subscriber Growth Surges; U.S. Treasury Bonds Face Continued Selloff 1. PBOC Cuts Reserve Ratio PBOC Governor Pan Gongsheng announced that China will cut the Reserve Requirement Ratio …

Market Beats | China Injects ¥2 Trillion into Stock Market; Blackstone Sells Arizona Hotels for $700M; U.S. Companies Lose $1.9 Trillion in Productivity; Top Oil Pipeline YouTuber Joins Bilibili; Oral Weight-Loss Drug Maker Prepares IPO

—— China May Inject ¥2 Trillion Into Stock Market; Blackstone Sells Arizona Hotel for $700M; U.S. Firms Lose $1.9 Trillion in Productivity; Major Homebuilder Misses Sales Expectations; Netflix Buys $5B WWE Streaming Rights; Top YouTuber Joins Bilibili; Oral Weight-Loss Drug Firm Plans IPO 1. China May Inject ¥2 Trillion Into Stock Market Sources revealed that …

Market Beats | Trump SPAC Soars 175%; Morgan Stanley and JPMorgan Recommend Buying U.S. Bonds; Multiple Firms Compete to Acquire DocuSign; A/H Share Price Gap Hits Record High; Top 20 Hedge Funds Earn $67 Billion in Profits

—— Morgan Stanley & JPMorgan Say Buy U.S. Bonds; Multiple Bidders for DocuSign Buyout; A-Share/Hong Kong Stock Gap Hits Record; Top 20 Hedge Funds Make $67B; China Ramps Up Chip Gear Imports; Trump SPAC Soars 175%; AI Voice Startup Valued Over $1.1B 1. Morgan Stanley & JPMorgan Say Buy U.S. Bonds Last week, U.S. Treasuries …

Market Beats | U.S. Existing Home Sales Hit 20-Year Low; Tesla Loses Nearly $100B in Market Value; Biden Forgives $5B in Student Loans; U.S. Consumer Confidence Hits 3-Year High; Two Google Scientists Launch Independent AI Startup

—— Ford Cuts EV Jobs; Tesla Loses Nearly $100B in Value; Biden Cancels $5B Student Debt; U.S. Home Sales Hit 20-Year Low; Consumer Confidence at 3-Year High; Google Scientists Launch AI Startup; China’s International Travel Still Lags 1. Ford Cuts EV Jobs U.S. automaker Ford Motor announced today it will lay off 1,400 workers who …

Market Beats | Pfizer Employee Sentenced for Insider Trading; U.S. Mortgage Rates Drop to 5-Month Low; Apple Vision Pro Faces Skepticism; Italian Government Sells Stocks to Repay Debt; U.S. New Home Construction Declines

1. US Jobless Claims Fall to New Low; 2. US Mortgage Rates Hit Lowest Since May; 3. Pfizer Employee Sentenced for Insider Trading; 4. Apple Vision Pro Faces Skepticism; 5. Discover’s Net Income Plunges 62%; 6. Italian Government Sells Stock to Repay Debt; 7. US New Home Construction Declines. 1. US Jobless Claims Fall to …

Market Beats | Blackstone Lists Defaulted Loan Portfolio at Half Price; China GDP Grows 5.2%; U.S. Retail Sales Beat Expectations; Surge of Capital Flows into VC Secondary Market; Burger King Acquires Largest Franchisee

1. Blackstone Lists Defaulted Loan at Half Price; 2. China’s GDP Grows 5.2%; 3. Verizon Writes Down $5.8 Billion in Goodwill; 4. US Retail Sales Beat Expectations; 5. Surge of Capital in VC Secondary Markets; 6. Burger King to Acquire Largest Franchisee; 7. Schwab’s Net Income Nearly Halved. 1. Blackstone Lists Defaulted Loan at Half …

Market Beats | Apple Becomes World’s Top Phone Seller for the First Time; Goldman Sachs Profit Beats Expectations; Synopsys Completes Year’s Largest Acquisition; U.S. Dollar Rises to Monthly High; Wave of U.S. Office Leases Set to Expire

1. Goldman Sachs Profit Beats Expectations; 2. Synopsys Closes Year’s Largest Acquisition; 3. Morgan Stanley Misses on Trading Revenue; 4. Apple Becomes World’s Top Smartphone Seller; 5. US Dollar Hits One-Month High; 6. Massive US Office Leases Set to Expire; 7. Harvard Business School Renews NYC Campus Lease. 1. Goldman Sachs Profit Beats Expectations Goldman …

Market Beats | Bank of America Profit Plunges 56%; JPMorgan Revenue Hits Another Record; Tesla Cuts EV Prices and Halts Factory Work; U.S. PPI Falls for Third Straight Month; Citi Posts $1.8B Loss, Plans 20,000 Job Cuts

1. Bank of America Profit Plunges 56% 2. JPMorgan Revenue Hits New Record 3. BlackRock Acquires GIP for $12.5 Billion 4. Tesla Slashes EV Prices, Halts Plant Operations 5. U.S. PPI Unexpectedly Falls for Third Straight Month 6. Citigroup Reports $1.8 Billion Loss, Will Cut 20,000 Jobs 7. Ackman Blasts Harvard Endowment 1. Bank of …

Market Beats | Former Manager Sues Goldman Sachs Over Depression; U.S. Inflation Accelerates Again; Google Lays Off Another 100 Employees; Bitcoin ETF Debut Sees Massive Trading Volume; U.S. Credit Card Delinquency Rate Hits 10-Year High

1. JPMorgan Recession Probability Doubles 2. Hertz to Sell 20,000 EVs 3. Google Lays Off Hundreds More 4. Bitcoin ETFs See Explosive First-Day Volume 5. Argentina Inflation Tops 200% 6. U.S. Credit Card Delinquencies Hit 10-Year High 7. Ex-Goldman Manager Sues Over Mental Health 1. JPMorgan Recession Probability Doubles PMorgan’s internal models show that the …