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—— Meta Hires More Apple AI Talent to Boost Superintelligence Team; Amex Spending Rises in Q2 as Affluent Clients Keep Spending; US Housing Starts Rebound in June on Multifamily Surge; University of California Dumps Hedge Funds; Crypto Market Cap Tops $4 Trillion; Amazon Warehouse-Backed Bonds Drop on Repayment Concerns 1. Meta Hires More Apple AI …

Continue reading “Market Beats | Meta Hires More Apple AI Talent to Boost Superintelligence Team; Amex Spending Rises in Q2 as Affluent Clients Keep Spending; US Housing Starts Rebound in June on Multifamily Surge; University of California Dumps Hedge Funds; Crypto Market Cap Tops $4 Trillion; Amazon Warehouse-Backed Bonds Drop on Repayment Concerns”

—— Uber Partners With Lucid and Nuro to Launch 20,000 Robotaxis; US Retail Sales Rebound in June, Easing Consumer Spending Concerns; Harvard Bonds Look Cheap After Clash With Trump Administration; Morgan Stanley’s Mike Wilson Says Bull Market Is Forming Despite Short-Term Dip; Amazon Cuts Cloud Jobs Amid Rising AI Costs; Vanbarton Gets $250M Loan to …

Continue reading “Market Beats | Uber Partners With Lucid and Nuro to Launch 20,000 Robotaxis; US Retail Sales Rebound in June, Easing Consumer Spending Concerns; Harvard Bonds Look Cheap After Clash With Trump Administration; Morgan Stanley’s Mike Wilson Says Bull Market Is Forming Despite Short-Term Dip; Amazon Cuts Cloud Jobs Amid Rising AI Costs; Vanbarton Gets $250M Loan to Convert Former NYC Archdiocese HQ”

—— US Clears Some AI Chip Sales to China; Apple Signs $500 Million Rare Earth Deal; Citigroup Profit Surges 25% in Q2; US Inflation Hits 2.7% in June; China’s Q2 GDP Grows 5.2% 1. US Clears Some AI Chip Sales to China The US government has granted Nvidia Corp. and Advanced Micro Devices Inc. permission …

Continue reading “Market Beats | US Clears Some AI Chip Sales to China; Apple Signs $500 Million Rare Earth Deal; Citigroup Profit Surges 25% in Q2; US Inflation Hits 2.7% in June; China’s Q2 GDP Grows 5.2%”

—— Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes; Zara Founder Ortega Buys Paris Luxury Hotel; Bain Capital Weighs Exit From Canada Goose Stake 1. Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes President Donald Trump threatened to impose a 35% tariff on select Canadian imports and floated a broader increase …

Continue reading “Market Beats | Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes; Zara Founder Ortega Buys Paris Luxury Hotel; Bain Capital Weighs Exit From Canada Goose Stake”

—— Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring; Cocoa Powder Joins Cocoa Butter in Record Surge; Meta Invests $3.5 Billion in EssilorLuxottica; Goldman Sachs to Require Junior Bankers to Confirm Loyalty Quarterly; X CEO Linda Yaccarino Resigns After Two Years at the Helm 1. Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring …

Continue reading “Market Beats | Nvidia Hits $4 Trillion Market Value, First in History; Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring; Cocoa Powder Joins Cocoa Butter in Record Surge; Meta Invests $3.5 Billion in EssilorLuxottica; Goldman Sachs to Require Junior Bankers to Confirm Loyalty Quarterly; X CEO Linda Yaccarino Resigns After Two Years at the Helm”

—— Apple’s AI Chief Joins Meta; US Universities Face $1 Billion Hit from Falling International Enrollment; Douglas Elliman Struggles Amid Agent Exodus and Prolonged Losses; Amazon Prime Day Sales Dip in Opening Hours Despite Extended Format; Rishi Sunak Returns to Goldman Sachs as Senior Adviser; Intel Cuts Over 500 Jobs in Oregon as Part of …

Continue reading “Market Beats | Apple’s AI Chief Joins Meta; US Universities Face $1 Billion Hit from Falling International Enrollment; Douglas Elliman Struggles Amid Agent Exodus and Prolonged Losses; Amazon Prime Day Sales Dip in Opening Hours Despite Extended Format; Rishi Sunak Returns to Goldman Sachs as Senior Adviser; Intel Cuts Over 500 Jobs in Oregon as Part of Major Layoffs”