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—— New York Governor Signs Law Restricting ICE Operations; US May Job Growth Outpaces Forecasts; Point72 Explores Tap on Trading Insights from External Hedge Funds; SpaceX Plans Record Retail Share Allocation in Massive IPO; Traders Fully Price In Fed Rate Hike by Year-End; Meta Weighs Raising Equity Following Alphabet’s Funding Success; Bitcoin Drops Below $60,000 …

Continue reading “Market Beats | New York Governor Signs Law Restricting ICE Operations; US May Job Growth Outpaces Forecasts; Point72 Explores Tap on Trading Insights from External Hedge Funds; SpaceX Plans Record Retail Share Allocation in Massive IPO; Traders Fully Price In Fed Rate Hike by Year-End; Meta Weighs Raising Equity Following Alphabet’s Funding Success; Bitcoin Drops Below $60,000 for First Time Since October 2024”

—— Train Fire Near Hudson River Tunnels Disrupts Rail Service; Dell Shares Surge as AI Server Demand Prompts Explosive Sales Forecast; Anthropic Valuation Surge to $965 Billion; UBS Eliminates Hundreds of EMEA Roles; Citadel Securities Posts Record $4.3 Billion Q1 Trading Revenue; Canada Edges Into Technical Recession; Blue Origin’s New Glenn Rocket Explodes in Launchpad …

Continue reading “Market Beats | Train Fire Near Hudson River Tunnels Disrupts Rail Service; Dell Shares Surge as AI Server Demand Prompts Explosive Sales Forecast; Anthropic Valuation Surge to $965 Billion; UBS Eliminates Hundreds of EMEA Roles; Citadel Securities Posts Record $4.3 Billion Q1 Trading Revenue; Canada Edges Into Technical Recession; Blue Origin’s New Glenn Rocket Explodes in Launchpad Test”

—— Oxford Vaccine Production Set to Begin for Ebola Strain; Eli Lilly Agrees to Buy Three Vaccine Makers for Up to $3.8 Billion; Micron Market Cap Hits $1 Trillion; Qualcomm Clinches Deal with ByteDance to Supply AI Data Center Chips; ByteDance Offers Special Stock to AI Lab Staff to Curb Rival Poaching; Energy Shock from …

Continue reading “Market Beats | Oxford Vaccine Production Set to Begin for Ebola Strain; Eli Lilly Agrees to Buy Three Vaccine Makers for Up to $3.8 Billion; Micron Market Cap Hits $1 Trillion; Qualcomm Clinches Deal with ByteDance to Supply AI Data Center Chips; ByteDance Offers Special Stock to AI Lab Staff to Curb Rival Poaching; Energy Shock from Iran War Shrinks Real Wages Across Rich Countries; Trump Administration Moves to Create Government-Wide NDA for Federal Workers”

—— Meta Cuts 8,000 Jobs in Global AI Pivot; Target Sales Post Best Gain in Four Years; Scion and Ares Acquire US Student Housing Portfolio for $910mn; Harvard Faculty Votes to Cap Undergraduate A Grades to Curb Grade Inflation; Pentagon to Reduce US Troops in Europe to Pre-2022 Invasion Levels; OpenAI Prepares Confidential IPO Filing …

Continue reading “Market Beats | Meta Cuts 8,000 Jobs in Global AI Pivot; Target Sales Post Best Gain in Four Years; Scion and Ares Acquire US Student Housing Portfolio for $910mn; Harvard Faculty Votes to Cap Undergraduate A Grades to Curb Grade Inflation; Pentagon to Reduce US Troops in Europe to Pre-2022 Invasion Levels; OpenAI Prepares Confidential IPO Filing Targeting Fall Market Debut; Fed Minutes Show Rising Concerns Over Potential Rate Hikes”

—— US Treasury Yield Surge Tests Investors as Goldman Urges Caution; Home Depot Sales Miss Estimates; Crypto Industry Hardens Defenses Against Armed Attacks on Holders; NYC Mayor Mamdani Meets Wall Street Elites; UK Weighs New Investment Visa to Court Wealthy Global Elite; US Pending Home Sales Rise for Third Month in Sign of Resilient Housing …

Continue reading “Market Beats | US Treasury Yield Surge Tests Investors as Goldman Urges Caution; Home Depot Sales Miss Estimates; Crypto Industry Hardens Defenses Against Armed Attacks on Holders; NYC Mayor Mamdani Meets Wall Street Elites; UK Weighs New Investment Visa to Court Wealthy Global Elite; US Pending Home Sales Rise for Third Month in Sign of Resilient Housing Demand; Mango Founder’s Son Detained in Spain Over Father’s 2024 Death”

—— 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”