Market Beats | Tesla Cuts Prices Again for Model S and X; Qualtrics Receives $12.4B Buyout Offer; LIBOR Surpasses 5%; Goldman Sachs Veteran Departs; U.S. May Introduce Bill to Ban TikTok

—— Qualtrics Receives $12.4 Billion Buyout Offer; LIBOR Surpasses 5% Threshold; Tesla Cuts Model S and X Prices Again; Major Credit Suisse Shareholder Exits Position; Goldman Sachs Star Trader Resigns; Tech Companies Face Financing Crunch; U.S. May Introduce Bill to Ban TikTok 1. Qualtrics Receives $12.4 Billion Buyout Offer U.S. private equity firm Silver Lake …

Market Beats | Amazon Closes 8 Cashierless Stores; Halts Construction on Second Headquarters; AI Startup Raises $675M; Over Half of U.S. Mortgages Locked Below 4%

—— Amazon to Close 8 Cashierless Stores; Coinbase Acquires One River; Amazon Halts Second HQ Construction; UK Builder Vistry Cuts Hundreds of Jobs; AI Startup Raises $675M; Over Half of U.S. Mortgages Below 4%; VW Brand to Build $2B Plant 1. Amazon to Close 8 Cashierless Stores Amazon.com Inc. spokesperson Jessica Martin said in an …

Market Beats | Blackstone Defaults on $562M CMBS Loan; Crypto Bank Stocks Slashed in Half; U.S. Bond Market Sees Yield Curve Inversion Again; Singapore Raises Permanent Residency Investment Threshold; U.S. 30-Year Mortgage Rates May Top 7% Again

—— Blackstone Defaults on $562M CMBS; Crypto Bank Shares Halve; Tesla Investor Day Disappoints; U.S. Yield Curve Inverts Again; Singapore Raises PR Investment Threshold; 30-Year U.S. Mortgage Rate May Top 7%; Citi Invests Billions, Cuts Jobs 1. Blackstone Defaults on $562M CMBS Private equity giant Blackstone has defaulted on a $562 million commercial mortgage-backed security …

Market Beats | Rivian Burns Cash Too Fast, Shares Plunge; Bain Capital Launches $1.9B VC Fund; Eli Lilly Cuts Prices on Diabetes Drugs; Two Major Landlords May Trigger Wave of Defaults

—— Rivian Shares Plunge Amid Rapid Cash Burn; Bain Capital Launches $1.9B VC Fund; Drone Startup Raises $230M; Eli Lilly Cuts Insulin Prices; Bridgewater to Lay Off 100 Employees; Silverstein to Develop Queens Apartment Project; Two Landlords May Trigger Default Wave 1. Rivian Shares Plunge Amid Rapid Cash Burn On Tuesday, Amazon-backed electric vehicle maker …

Market Beats | Oaktree Launches LBO Loan Fund; Two Top French Michelin Restaurants Lose Stars; Billionaire Donates $1.9B to Museum; All-Cash Homebuyers Surge in U.S.; Musk Reclaims Title as World’s Richest Person

—— Oaktree Launches LBO Loan Fund; Two Top French Michelin Restaurants Lose Stars; Hong Kong Telecom Firm Gets $1B Offer; Billionaire Donates $1.9B to Museum; U.S. Cash Homebuyers Surge; Goldman May Sell Consumer Finance Unit; Elon Musk Regains World’s Richest Title 1. Oaktree Launches LBO Loan Fund Private credit firm Oaktree Capital plans to raise …

Market Beats | U.S. Pending Home Sales Surge; Apartment Rents Fall Across 11 Major U.S. Cities; NBA Team Owner Sees 6x Investment Return; Twitter Cuts More Executives; Turkey Earthquake Causes $34B in Damages

—— U.S. Pending Home Sales Surge; Palantir May Turn First Profit This Year; Apartment Rents Fall in 11 U.S. Cities; NBA Team Owner Gets 6x Return; Twitter Cuts More Executives; Turkey Earthquake Causes $34B Damage; Brookfield Launches $20B Fund 1. U.S. Pending Home Sales Surge According to data released today by the National Association of …

Market Beats | U.S. New Home Sales Hit Record High; Inflation in U.S. Worsens Unexpectedly Again; JPMorgan Market Cap May Top $1 Trillion; Goldman and Citi Push Back on ChatGPT; Saudi Developer Lists on London Stock Exchange

—— U.S. New-Home Sales Surge; Investors Shift from Stocks to Bonds; U.S. Inflation Unexpectedly Worsens; JPMorgan May Hit $1 Trillion Valuation; Goldman and Citi Crack Down on ChatGPT; Saudi Developer Lists in London; NetEase and Alibaba Shares Plunge 1. U.S. New-Home Sales Surge According to data released today by the U.S. government, sales of newly …

Market Beats | $2.3 Trillion Wiped from U.S. Housing Market; Average U.S. Retirement Savings Fall 20%; Japan Airliner Forced to Abort Landing; 2022 Real Estate Fundraising in Review; Private Credit Fuels Growth in Emerging Economies

—— U.S. Housing Market Loses $2.3 Trillion; Americans’ Retirement Savings Drop 20%; Japan Plane Turns Around Before Landing; Major Ice Storm Hits U.S. Midwest; 2022 Real Estate Fundraising Recap; Private Credit Expands in Emerging Markets; Goldman Invites Clients into Stripe Round 1. U.S. Housing Market Loses $2.3 Trillion According to data from real estate brokerage …

Market Beats | Wingstop’s New Product Sends Stock to Record High; U.S. Mortgage Applications Plunge 18%; China Urges State-Owned Firms to Cut Ties with Big Four Auditors; Meta Plans Another 1,000 Layoffs; McKinsey May Cut 1,000 Back-Office Jobs

—— Wingstop Shares Hit Record on New Menu Item; U.S. Mortgage Applications Plunge 18%; Intel Cuts Dividend by 66%; China Urges State Firms to Drop Big Four Auditors; Meta Plans Thousands More Layoffs; McKinsey May Cut 2,000 Staff; China Lithium Prices Down 29% 1. Wingstop新品助股价创新高 Today, chicken wing chain Wingstop Inc. reported that same-store sales …

Market Beats | Tesla EVs More Affordable Than Ever; U.S. Existing Home Sales Fall for 12th Straight Month; Wall Street Warns S&P 500 May Drop 26%; Yelp Cuts 70% of HQ City Staff; Key Data Emerges on U.S. Office Property Market

—— U.S. Existing-Home Sales Fall for 12th Straight Month; Morgan Stanley Warns of 26% Market Drop; Walmart Forecast Disappoints, Shares Fall 4%; Yelp Sees 70% Staff Drop in HQ Cities; Key U.S. Office Market Data Released; Microsoft Signs 10-Year Deal with Nintendo; Tesla EVs Now Most Affordable Ever 1. U.S. Existing-Home Sales Fall for 12th …