—— LIC’s Tallest Residential Tower Secures $425M Loan; US Stock Short Positions Top $1 Trillion; NYC Luxury Rentals Target Wealthy Tenants; Startup Valuations Fall 61%; US Distressed Commercial Real Estate Hits $64B; Jobless Claims Remain Elevated; US Existing Home Sales Rise 1. LIC’s Tallest Residential Tower Secures $425M Loan Recently, The Orchard, a new mixed-use …
Tag Archives: Market Beats
Market Beats | Titanic Tour Submersible Missing; Bitcoin Hits 6-Week High; FTX Bankruptcy Costs Reach $200M; U.S. Private Company Buyouts Surpass IPOs; FTC Sues Amazon
—— Titanic Tourist Submarine Missing; Bitcoin Hits Six-Week High; CVC Weighs Sale of Logistics Firm Stake; UK House Prices Post First Gain Since July; FTX Bankruptcy Costs Hit $200M; Private Company Numbers Surpass IPOs; FTC Sues Amazon 1. Titanic Tourist Submarine Missing On Sunday, a Titanic wreck sightseeing submersible carrying five passengers went missing. The …
Market Beats | China Cuts Benchmark Lending Rate; Alibaba Unexpectedly Replaces CEO; Masayoshi Son to Reemerge After July; Swedish Battery Firm Raises $400M; IndiGo Places Largest Aircraft Order in History
—— China Cuts Benchmark Lending Rates; Alibaba Abruptly Names New CEO; Korea Wealth Fund Bets on Private Credit; Masayoshi Son Reappears After 7 Months; India’s Byju’s Cuts 1,000 Jobs; Northvolt Secures $400 Million Funding; IndiGo Places Record Plane Order 1. China Cuts Benchmark Lending Rates Today, the People’s Bank of China (PBOC) announced a 10 …
Market Beats | Wall Street Faces Harshest Job Market in Years; Restaurant Chain Cava Doubles on IPO Debut; BlackRock Files to Launch Bitcoin ETF; Global Stocks May See 5% Pullback After Rally
—— Cava IPO Shares Double on Debut; Micron Plans $2 Billion India Plant; Wall Street Faces Worst Job Market; BlackRock Files for Bitcoin ETF; Intel to Build $4.6 Billion Plant in Poland; Global Stocks May Correct 5% After Rally; $4.2 Trillion in Options Expire Today 1. Cava IPO Shares Double on Debut On Thursday, U.S. …
Market Beats | Fed May Need Two More Rate Hikes; Tesla’s Longest Winning Streak Ends; Tesla Launches Free Supercharging Promotion; U.S. Retail Sales Unexpectedly Rise; Microsoft Stock Hits All-Time High
—— Fed Signals Two More Rate Hikes; Tesla’s Longest Rally Ends; Private Equity Firm Raises $16.5 Billion; Kroger Revenue Misses Estimates; Tesla Offers Free Supercharging; US Retail Sales Surprise; Microsoft Hits Record High 1. Fed Signals Two More Rate Hikes At Wednesday’s meeting, the Federal Reserve paused rate hikes for the first time but indicated …
Market Beats | Top U.S. Diplomat to Visit China This Week; U.S. Mortgage Application Index Jumps; Long Island City Landmark Reopens After Renovation; Nvidia Invests in AI Video Generation Startup; Citadel Expands High-Yield Credit Exposure
—— U.S. Mortgage Applications Surge; LIC Landmark Tower Renovated for Leasing; Nvidia Backs AI Video Firm; Accenture Commits $3B to AI; Citadel Ups High-Yield Credit Bets; Canadian Pension Fund Buys Banff Resort; Top U.S. Diplomat Visiting China 1. U.S. Mortgage Applications Surge According to the Mortgage Bankers Association (MBA), the U.S. mortgage application index jumped …
Market Beats | U.S. Inflation Cools Again in May; Innovo Secures Hundreds of Millions in LIC Warehouse Financing; Cain Acquires $1.2B in PacWest Real Estate Debt; China Drafts New Support Policies for Property Sector
—— US Inflation Eases in May Again; Innovo Secures Hundreds of Millions for LIC Warehouse Loan; Cain Buys $1.2B PacWest Real Estate Debt; Arm’s IPO Seeks Intel Support; Adani Group Plans First Post-Crisis Financing; China Drafts New Property Support Policies; Family Office Launches $30M Real Estate Fund 1. US Inflation Eases in May Again According …
Market Beats | Twitter Refuses to Pay Rent, Goldman Dragged In; China’s Property Sector May See L-Shaped Recovery; NIO Slashes Prices by ¥30,000 Across Lineup; Nasdaq Acquires Financial Software Firm; CalPERS Ramps Up VC Investments
—— China Property May See L-Shaped Recovery; UBS Finalizes Credit Suisse Merger; Nio Cuts All Car Prices by ¥30,000; Nasdaq Acquires Financial Software Firm; CalPERS Expands Venture Capital Investments; India Inflation Hits 2-Year Low; Twitter Refuses Rent, Goldman Gets Burned 1. China Property May See L-Shaped Recovery Goldman Sachs released a study suggesting that China’s …
Market Beats | GM Adopts Tesla Charging Technology; NYC Pays $300 Daily to House Migrants; Prank Causes Sushi Chain’s Value to Drop Billions; China Increases EV Purchase Subsidies; S&P 500 Enters Bull Market
— GM announces adoption of Tesla charging technology; NYC subsidizes $300 daily for migrant housing; Sushi chain loses billions from prank; China boosts EV subsidies; Sequoia splits into three; S&P 500 enters bull market; VISA acquires Brazilian FinTech company 1. GM announces adoption of Tesla charging technology On Thursday, General Motors CEO Mary Barra tweeted …
Market Beats | Manhattan Apartment Rentals Move at Record Pace; Microsoft Subleases Times Square Office Space; Blackstone Sells Texas Resort for $800M; Developer Rejected by 48 Lenders for Apartment Project; Moving from NYC to Miami Could Save $200K
— Manhattan Apartment Leasing Surges; TikTok Sets $20B E-commerce Goal; Microsoft Subleases Times Square Offices; Blackstone Sells Texas Resort for $800M; Uber Vows Emissions & Plastic Cuts; Developer Rejected by 48 Lenders; Moving to Miami Saves $200K 1. Manhattan Apartment Leasing Surges According to the latest data from brokerage firm Douglas Elliman Real Estate, in …