Market Beats | AI May Replace 8,000 IBM Jobs; Morgan Stanley to Cut 3,000 Staff; Investor Carl Icahn Accused of Ponzi-Like Scheme; China Sees Travel Surge During May Day Holiday; LA Multifamily Property Values Plunge

— AI May Replace 8,000 IBM Employees; Morgan Stanley to Cut 3,000 Jobs; Uber Breaks Records on Strong Ride Demand; Pfizer Revenue Crushes Expectations; Carl Icahn Accused of Ponzi Scheme; May Day Travel Boom Overwhelms China; LA Multifamily Property Values Plunge 1. AI May Replace 8,000 IBM Employees IBM CEO Arvind Krishna revealed in an …

Market Beats | JPMorgan Invests in Fertility Startup; First Republic May Be Removed from S&P 500; Jack Ma Named Visiting Professor at University of Tokyo; Charlie Munger Bearish on Commercial Real Estate

— JPMorgan Invests in Fertility Startup; First Republic May Be Removed from S&P 500; Jack Ma Named Visiting Professor at Tokyo University; Super Mario Breaks $1 Billion Box Office; Charlie Munger Bearish on Commercial Real Estate; Rivian Loses Investor Confidence; New York State Releases FY2024 Budget 1. JPMorgan Invests in Fertility Startup Morgan Health, the …

Market Beats | Amazon Stock Surges Then Sinks; Deutsche Bank Acquires UK Boutique Investment Bank; China ETFs Attract $6.5B in a Single Week; Blackstone Sells Japanese Logistics Portfolio; China’s Mortgage Growth Slows Sharply

— Amazon Shares Spike, Then Slide; Deutsche Bank Acquires UK Boutique Bank; Post-Covid Recovery Fuels PetroChina Profits; China ETFs Attract $6.5 Billion in a Week; Blackstone Sells Japan Logistics Portfolio; China’s Mortgage Growth Hits Historic Low; Texas Teacher Pension Invests in Warehouses 1. Amazon Shares Spike, Then Slide Amazon released its quarterly earnings on Thursday, …

Market Beats | Barcelona to Renovate Stadium for €1.45B; U.S. March Pending Home Sales Plunge; U.S. GDP Growth Slows Sharply; Barclays Trading Revenue Surprises to the Upside; 30-Year Mortgage Rate Hits 3-Month High

— FC Barcelona Launches €1.45 Billion Venue Overhaul; U.S. Pending Home Sales Index Plunges in March; U.S. GDP Growth Slows Sharply; Barclays Trading Revenue Unexpectedly Rises; AI Startup Raises $100 Million; Mobileye Sees Largest Drop Since IPO; U.S. 30-Year Mortgage Rates Hit March High 1. FC Barcelona Launches €1.45 Billion Venue Overhaul Renowned football club …

Market Beats | Google Earnings Beat Expectations, Shares Jump; Goldman Turns Bearish on U.S. Stocks in Coming Weeks; BYD Sales Surpass Volkswagen for the First Time; Private Equity Giants Bid for Bundesliga Rights; Microsoft Earnings Exceed Forecasts Across the Board

— Goldman Bearish on U.S. Stocks in Coming Weeks; Alphabet Earnings Beat Expectations, Shares Surge; BYD Overtakes Volkswagen in Sales; Private Equity Firms Bid for Bundesliga; First Republic to Sell $100 Billion in Assets; Microsoft Earnings Exceed Forecasts; Pret Coffee Chain Raises Subscription Fee 1. Goldman Bearish on U.S. Stocks in Coming Weeks Goldman Sachs’ …

Market Beats | Biden Announces 2024 Re-Election Bid; U.S.-Listed Chinese Firms Lose $100B in Market Value; First Republic Shares Plunge; UBS Struggles with Credit Suisse Merger as Profits Fall

— U.S.-Listed Chinese Companies Lose $100 Billion in Value; First Republic Shares Plunge; UBS-Credit Suisse Restructuring Drags on Profit; China Ends PCR Requirement for Inbound Travel; Biden Announces 2024 Re-Election Bid; McDonald’s Same-Store Sales Surge; 3M Revenue Falls, Plans 6,000 Layoffs 1. U.S.-Listed Chinese Companies Lose $100 Billion in Value Today, American Depositary Receipts (ADRs) …

Market Beats | All-Cash Homebuyers Surge in Manhattan; Skyline Tower Secures $60M Inventory Loan; Lyft Cuts 30% of Workforce Amid Profit Challenges; CBOE Launches One-Day VIX Index

— Lyft Struggles for Profit, to Lay Off 30%; Credit Suisse Loses $69B in Deposits; Bed Bath & Beyond Files for Bankruptcy; CBOE Launches Next-Day VIX Index; Manhattan Cash Buyers Surge; Coca-Cola Revenue Beats Estimates; Queens’ Tallest Tower Secures $60M Loan 1. Lyft Struggles for Profit, to Lay Off 30% Sources revealed that in order …

Market Beats | NYU Acquires Noho Office Building; Tesla Forced to Raise Prices; Deloitte Lays Off 1,200 U.S. Employees; Bank of America Cuts 4,000 Jobs as Deposits Shrink; Same-Day Expiring Options Compared to Gambling

— NYU Buys Noho Office Building; Tesla Profit Drops, Forced to Raise Prices; P&G Ups Full-Year Revenue Forecast; Deloitte Lays Off 1,200 U.S. Employees; Bank of America to Cut 4,000 Jobs Amid Shrinking Deposits; Same-Day Options Trading Equals Gambling; Rakuten Bank IPO Soars 33% 1. NYU Buys Noho Office Building Property records released Thursday show …

Market Beats | Tesla Cuts Prices Again, Shares Fall; U.S. Mortgage Rates Surge Sharply; Morgan Stanley Revenue Beats Expectations; Disney to Lay Off Thousands Next Week; U.S. Brick-and-Mortar Foot Traffic Declines; Manhattan Parking Garage Collapses Due to Code Violations

— Tesla Cuts Prices Again, Shares Fall; U.S. Mortgage Rates Surge; Morgan Stanley Beats Revenue Estimates; Congruent Launches Climate VC Fund; Disney to Lay Off Thousands Next Week; U.S. Retail Foot Traffic Declines; Illegal Parking Garage Collapses in Manhattan 1. 特斯拉再降价股价下跌 This week, Tesla announced a $3,000 price cut for every version of its Model …

Market Beats | Apple Launches High-Yield Savings Account; BlackRock CEO Takes 30% Pay Cut; China New Home Prices Continue to Rise; U.S. Homebuilder Confidence Up for Fourth Straight Month; Multifamily Cap Rate Growth Slows

— Apple Launches High-Yield Savings Account; BlackRock CEO Pay Cut by 30%; China’s New Home Prices Keep Rising; Sega Bids for Angry Birds Maker; MSG to Sell Tao Group; U.S. Homebuilder Sentiment Rises for Fourth Month; U.S. Cap Rate Growth Slows 1. Apple Launches High-Yield Savings Account Today, Apple Inc. announced the launch of a …