Blog

—— US Initial Jobless Claims Fall to 6 Month Low; US PPI Rises in October; Manhattan Rents Rise to Highest Since July; Disney Share Rises 12% On Better Profitability; Trump to Cancel $7,500 EV Credit Under Biden 1. US Initial Jobless Claims Fall to 6 Month Low Applications for U.S. unemployment benefits dropped to their …

Continue reading “Market Beats | US Initial Jobless Claims Fall to 6 Month Low; US PPI Rises in October; Manhattan Rents Rise to Highest Since July; Disney Share Rises 12% On Better Profitability; Trump to Cancel $7,500 EV Credit Under Biden”

—— Elliott Builds Up $5bn Stake in Honeywell; Wall Street Bonus Could Go Up by 35%; Hertz Losses Widen as Value of Fleet Depreciates; Netflix Paid Members Hit 282.7 million; Netflix Paid Members Hit 282.7 million; Dollar Hits 2-Year High Post Trump Election; Stock Rally Stalls as Inflation Picks Up; ValueAct Takes $1bn Stake in …

Continue reading “Market Beats | Elliott Builds Up $5bn Stake in Honeywell; Wall Street Bonus Could Go Up by 35%; Hertz Losses Widen as Value of Fleet Depreciates; Netflix Paid Members Hit 282.7 million; Netflix Paid Members Hit 282.7 million; Dollar Hits 2-Year High Post Trump Election; Stock Rally Stalls as Inflation Picks Up; ValueAct Takes $1bn Stake in Meta”

—— Bitcoin Surges Past $82,000 For the First Time; MicroStrategy Buys Another $2.03bn of Bitcoin; China Trade Surplus Approaching $1tn; Hedge Funds Lost $5.2bn Shorting Tesla; AI Startup 11x Raises $50mn in New Fund Raise; Traders See Bitcoin Reaching $100k by Year End; Blackstone in Late Talks to Acquire Industrial PE Firm 1. Bitcoin Surges …

Continue reading “Market Beats | Bitcoin Surges Past $82,000 For the First Time; MicroStrategy Buys Another $2.03bn of Bitcoin; China Trade Surplus Approaching $1tn; Hedge Funds Lost $5.2bn Shorting Tesla; AI Startup 11x Raises $50mn in New Fund Raise; Traders See Bitcoin Reaching $100k by Year End; Blackstone in Late Talks to Acquire Industrial PE Firm”

—— Airport Security Firm Drops 16% Amid Slow User Growth; Trump Slowly Winning Over New York; Fed Cuts Rate by 25 Basis Point; BH3 Buys Malibu Rental Building to Sell as Condos; Record Share of Americans Prefer Renting; US Unit Labor Cost Rises More Than Forecast; Sweetgreen Tanks 20% on Wider Loss Than Expected 1. …

Continue reading “Market Beats | Airport Security Firm Drops 16% Amid Slow User Growth; Trump Slowly Winning Over New York; Fed Cuts Rate by 25 Basis Point; BH3 Buys Malibu Rental Building to Sell as Condos; Record Share of Americans Prefer Renting; US Unit Labor Cost Rises More Than Forecast; Sweetgreen Tanks 20% on Wider Loss Than Expected”

—— Luxury Crash Hurts LVMH and Hermes Alike; Dollar Drops amid a More Possible Kamala Win; Age of Typical US Homebuyers Hit Record High; Amazon Partners with Mexico Delivery Startup; Apollo to Double Asia-Pacific Wealth Management Team; Palantir Profit Hits Record Amid Strong Demand; Tesla China Sales Drop Sharply in October 1. Luxury Crash Hurts …

Continue reading “Market Beats | Luxury Crash Hurts LVMH and Hermes Alike; Dollar Drops amid a More Possible Kamala Win; Age of Typical US Homebuyers Hit Record High; Amazon Partners with Mexico Delivery Startup; Apollo to Double Asia-Pacific Wealth Management Team; Palantir Profit Hits Record Amid Strong Demand; Tesla China Sales Drop Sharply in October”

—— Uber Operating Profit Surges Past $1bn; China Economy Growth Picks Up; US Inflation Rate Drops to 2.1% in September; PBOC Injects $70bn into Money Market; China New Home Sale Surges in October; Microsoft Azure Growth Slows and Shares Tank; Meta Revenue Beats Forecast while Loss Widens 1. Uber Operating Profit Surges Past $1bn Uber …

Continue reading “Market Beats | Uber Operating Profit Surges Past $1bn; China Economy Growth Picks Up; US Inflation Rate Drops to 2.1% in September; PBOC Injects $70bn into Money Market; China New Home Sale Surges in October; Microsoft Azure Growth Slows and Shares Tank; Meta Revenue Beats Forecast while Loss Widens”