Market Beats | Biden Campaign Secures $700M in Funding; U.S. Core PCE Accelerates in January; Two Property Tycoons Snap Up Chicago Skyscraper; UBS Extends $700M Loan to ION; U.S. Auto Loan Approval Rate Hits Record Low

—— January US Core CPI Rises Rapidly; Biden Campaign Gets $700M in Capital Support; Two Real Estate Moguls Snatch Up Chicago Buildings; Embracer Sells $500M Game Subsidiary; UBS Offers $700M Loan to ION; US Auto Loan Approval Rate Hits Record Low; US Pending Home Sales Fall Below Expectations 1. January US Core PCE Rises Rapidly …

Market Beats | Macy’s Closes Nearly 150 Stores; Manhattan Office Building Project Sold for $1; Apollo Founder Sells Stock for the First Time; U.S. Home Price Growth Accelerates; Sixth Street Readies to Snap Up Real Estate

— Macy’s to Close Nearly 150 Stores; Manhattan Office Project Sold for $1; Apollo Founder Sells Shares for First Time; U.S. Home Prices Accelerate; Sixth Street Plans Real Estate Bargain-Hunting; U.S. Consumer Confidence Falls for First Time; Blackstone Buys Barclays Credit Card Debt. 1. Macy’s to Close Nearly 150 Stores According to regulatory filings, Macy’s …

Market Beats | BYD Launches $230K Supercar; Berkshire Hathaway’s Market Value Nears $1 Trillion; Microsoft Snaps Up Major OpenAI Competitor; Walton Family Sells Walmart Shares; Jamie Dimon Sells JPMorgan Shares; U.S. New Home Sales Rise in January

— BYD Launches $233,450 Supercar; Berkshire Hathaway’s Market Value Nears $1 Trillion; Microsoft Acquires OpenAI Competitor; Walton Family Sells Walmart Shares; Jamie Dimon Sells JPMorgan Shares; U.S. Home Prices Accelerate; Newmark’s Profits Surge 468%. 1. BYD Launches $233,450 Supercar On Sunday, Chinese electric vehicle giant BYD unveiled its U9 supercar, priced at ¥1.68 million ($233,450), …

Market Beats | Intuitive Flightcraft Successfully Lands on Moon; Economists Lower Recession Risk Forecasts; S&P 500 Continues to Hit Record Highs; Warner Bros. Drops 11%; U.S. Remote High-Paying Jobs Plummet; A-Share Market Volatility Breaks Quant Models

— Economists Lower Recession Risk Forecasts; S&P 500 Continues to Break New Highs; Warner Brothers Drops 11%; U.S. Remote High-Paying Jobs Drop; Intuitive Spacecraft Successfully Lands on Moon; A-shares’ Wild Swings Break Quant Models; Elliott Invests $1 Billion to Buy Mining Assets. 1. Nvidia’s Revenue Triples According to Bloomberg’s monthly survey of economists, they now …

Market Beats | Nvidia Revenue Triples; U.S. Unemployment Claims Unexpectedly Drop Again; Castle Commodities Trading Profits Hit $4B; AT&T Experiences Major Service Outage; Rivian Losses Widen, Stock Drops 26%

— Nvidia’s Revenue Triples; US Unemployment Claims Drop Unexpectedly Again; Castle Commodity Trading Profits $4 Billion; AT&T Communication Disruptions; Rivian’s Losses Widen, Stock Drops 26%; Citi Leases Vacant Property for Four Years; US Commercial Real Estate Foreclosure Rates Soar 1. Nvidia’s Revenue Triples When everyone doubted Nvidia’s (Nvidia) rapid business growth could continue, this Wednesday …

Market Beats | High-End Homebuilder Orders Surge; Trump Loses 200K Donors; Microsoft Adopts Intel Chip Technology; U.S. Needs More Chip Production Subsidies; Roblox Developers Pocket $700M; Fed Releases Open Meeting Minutes

— Trump Loses 200,000 Donors; High-End Builders’ Orders Surge; Microsoft Adopts Intel Chip Technology; US Needs More Chip Subsidies; Roblox Developers Earn $700 Million; Fed Releases Meeting Minutes; China Evades Tariffs Through Mexico 1. Trump Loses 200,000 Donors According to data from the Financial Times, in the second half of 2023, Trump’s fundraising efforts and associated …

Market Beats | Nvidia Earnings Impact Entire Stock Market; Sanofi Sells Consumer Health Division; The Body Shop Closes Half Its Stores; U.S. Airports Receive $9.7B for Upgrades; American Airlines Increases Baggage Fees; Princeton Issues $660M Bonds

—— Sanofi Sells Consumer Health Division; The Body Shop Closes Half Its Stores; U.S. Airports Receive $9.7B for Upgrades; American Airlines Increases Baggage Fees; Nvidia Earnings Impact Entire Stock Market; Capital One Acquires Discover; Princeton Issues $660M Bonds 1. Sanofi is Selling its Consumer Health Division According to insiders, French pharmaceutical giant Sanofi may be …

Market Beats | TSMC Soars Ahead of Nvidia Earnings Report; Nike Cuts 2% of Workforce Due to Declining Demand; SMCI Skyrockets 250% This Year; Apple Develops In-House AI Programming Software; SoftBank’s Masayoshi Son Launches $100B AI Fund

—— Nike Demand Slump Leads to 2% Layoffs; Nvidia’s Earnings Approach, TSMC Skyrockets; SMCI Surges 250% This Year; Stubborn Inflation PPI Rises More Than Expected; Apple Develops Its Own AI Programming Software; Former Morgan Stanley CEO Earns $37 Million Salary; Masayoshi Son Creates $100 Billion AI Fund 1. Nike Demand Slump Leads to 2% Layoffs …

Market Beats | U.S. Homebuilder Confidence Hits Six-Month High; MicroStrategy’s Bitcoin Holdings Worth $700M; Boston Misses $1B in Tax Revenue; Billionaires Pile into Biotech Stocks; Microsoft Shares Games with Competitor Platforms

—— U.S. Homebuilder Confidence Hits Six-Month High; MicroStrategy Bitcoin Worth $700 Million; Boston Faces $1 Billion Tax Deficit; Billionaires Buy into Biotech Stocks; Microsoft Shares Games with Competing Platforms; Citigroup Tracks Employees’ Call Frequency; Berkshire Sells $100 Million Worth of Apple Shares 1. U.S. Homebuilder Confidence Hits Six-Month High ​This month, the National Association of …

Market Beats | Bezos Saves Nearly $300M on Move; Uber Buybacks $7B in Shares; Continental Cuts 7,000 Jobs; YCombinator Seeks Startups; Tesla Supplier Builds Factory in Mexico; Volkswagen’s Thousands of Cars Held at Customs

—— Uber to Buy Back $7 Billion of Shares; Continental to Lay Off 7,000 Employees; Bezos Saves Nearly $300 Million on Move; Y Combinator Recruits Startups; Tesla Supplier Builds Plant in Mexico; Volkswagen Cars Seized by Customs; Luxury Apartment Rent Declines in Major Cities 1. Uber to Buy Back $7 Billion of Shares Today, Uber’s …