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—— LIRR Strike Halts Trains, Leaving Long Island Commuters Facing Messy Monday; Middle East Conflict Triggers Sharp Rise in US and European Mortgage Rates; Lululemon Rejects Founder Chip Wilson’s Board Nominees; Trump Drops $10 Billion IRS Lawsuit; Dell Adds 1,000 AI Factory Customers to Capture Enterprise Workloads; Jury Rejects Elon Musk’s OpenAI Lawsuit Over Statute …

Continue reading “Market Beats | LIRR Strike Halts Trains, Leaving Long Island Commuters Facing Messy Monday; Middle East Conflict Triggers Sharp Rise in US and European Mortgage Rates; Lululemon Rejects Founder Chip Wilson’s Board Nominees; Trump Drops $10 Billion IRS Lawsuit; Dell Adds 1,000 AI Factory Customers to Capture Enterprise Workloads; Jury Rejects Elon Musk’s OpenAI Lawsuit Over Statute of Limitations; Cuban’s Affordable Pharmacy to Add Generic Meds”

—— US Authorities Move to Resolve Fraud Charges Against Gautam Adani; Microsoft’s LinkedIn Cuts Jobs in Latest Tech Industry Workforce Reduction; US Retail Sales Rise for Third Month in April, Showing Consumer Resilience; US Audit Regulator Considers Staff Cuts to Align with Trump Priorities; Ford Stock Surges on Pivot Toward Energy Storage for Data Centers; …

Continue reading “Market Beats | US Authorities Move to Resolve Fraud Charges Against Gautam Adani; Microsoft’s LinkedIn Cuts Jobs in Latest Tech Industry Workforce Reduction; US Retail Sales Rise for Third Month in April, Showing Consumer Resilience; US Audit Regulator Considers Staff Cuts to Align with Trump Priorities; Ford Stock Surges on Pivot Toward Energy Storage for Data Centers; New York’s LIRR Faces Potential Strike as Wage Negotiations Stall; Brookfield Reveals $2 Billion Stake in SpaceX and AI Investments”

—— Morgan Stanley Turns Bullish on US Stocks with Target of 8,300; US-China Trade Teams Meet in Seoul Ahead of Beijing Summit; Trump Arrives in Beijing for High-Stakes State Visit Amid Regional Tensions; Nebius Group Sales Surge 684% on AI Infrastructure Demand; US Wholesale Inflation Accelerates in April to Fastest Pace Since 2022; Jho Low …

Continue reading “Market Beats | Morgan Stanley Turns Bullish on US Stocks with Target of 8,300; US-China Trade Teams Meet in Seoul Ahead of Beijing Summit; Trump Arrives in Beijing for High-Stakes State Visit Amid Regional Tensions; Nebius Group Sales Surge 684% on AI Infrastructure Demand; US Wholesale Inflation Accelerates in April to Fastest Pace Since 2022; Jho Low Requests Presidential Pardon from Donald Trump; Microsoft Invests Over $100 Billion in OpenAI Partnership”

—— Citigroup Shares Slide as New Long-Term Guidance Trails Wall Street Peers; BlackRock Cuts Value of Private Credit Fund by 5%; US Jobless Claims Edge Higher but Remain Near Decades-Low Levels; Google Launches $100 Screenless Fitbit Air to Challenge Whoop; US Stocks Enter “Manic” Territory: Overheated Sentiment Signals Slower Rally Ahead; Hochul Announces $268 Billion …

Continue reading “Market Beats | Citigroup Shares Slide as New Long-Term Guidance Trails Wall Street Peers; BlackRock Cuts Value of Private Credit Fund by 5%; US Jobless Claims Edge Higher but Remain Near Decades-Low Levels; Google Launches $100 Screenless Fitbit Air to Challenge Whoop; US Stocks Enter “Manic” Territory: Overheated Sentiment Signals Slower Rally Ahead; Hochul Announces $268 Billion State Budget Deal; Kalshi Hits $22 Billion Valuation After Raising $1 Billion in Series F Funding”

—— Apollo to Provide Daily Pricing for Entire Credit Portfolio; AMD Shares Soar to Record High as AI Data Center Spending Boosts Sales Forecast; Ted Turner, CNN Founder and Media Visionary, Dies at 87; Morgan Stanley Launches Crypto Trading on E*Trade with Competitive Pricing to Rival Coinbase; US Gas Prices Top $4.50 for First Time …

Continue reading “Market Beats | Apollo to Provide Daily Pricing for Entire Credit Portfolio; AMD Shares Soar to Record High as AI Data Center Spending Boosts Sales Forecast; Ted Turner, CNN Founder and Media Visionary, Dies at 87; Morgan Stanley Launches Crypto Trading on E*Trade with Competitive Pricing to Rival Coinbase; US Gas Prices Top $4.50 for First Time Since 2022 Amid Prolonged Middle East Conflict; Sony Music Nears $4 Billion Deal to Acquire Music Catalog from Blackstone; Iran Evaluates U.S. Peace Proposal as Oil Prices Plunge Below $100”

—— Coinbase to Cut 14% of Staff as CEO Brian Armstrong Pivots to AI-Centric Lean Structure; US Job Openings Hold Steady in March as Hiring Rebounds; US Government Secures Early Access to AI Models; US New-Home Sales Beat Forecast in March as Prices Drop to Over Four-Year Low; Anthropic Unveils Financial AI Agents in Push …

Continue reading “Market Beats | Coinbase to Cut 14% of Staff as CEO Brian Armstrong Pivots to AI-Centric Lean Structure; US Job Openings Hold Steady in March as Hiring Rebounds; US Government Secures Early Access to AI Models; US New-Home Sales Beat Forecast in March as Prices Drop to Over Four-Year Low; Anthropic Unveils Financial AI Agents in Push to Win Wall Street; Apple Explores Using Intel and Samsung for US Chip Production”