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—— Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO 1. Rate Cut Could Bring Down Inflation Rick Rieder of BlackRock Inc. …

Continue reading “Market Beats | Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO”

—— US Housing Starts Fall Short; Dow Jones Hits 40,000 Milestone; Billionaire Increases Chinese Stock Holdings; Walmart Posts Better Than Forecast Earnings; AI Hype Fades For Lack of Breakthrough; Ray Dalio Warns of US Debt Risk; Starwood Tapes Credit As Investors Withdraw 1. US Housing Starts Fall Short In April, new home construction in the …

Continue reading “Market Beats | Ray Dalio Warns of US Debt Risk; US Housing Starts Fall Short; Dow Jones Hits 40,000 Milestone; Billionaire Increases Chinese Stock Holdings; Walmart Posts Better Than Forecast Earnings; AI Hype Fades For Lack of Breakthrough; Starwood Tapes Credit As Investors Withdraw”

—— April CPI Data Supports Rate Cut; Netflix Buys NFL Games Streaming Rights; US Homebuilder Sentiment Drops; Biden, Trump to Debate Live Twice; OpenAI Rival Hires Instagram Founder; JBS to Commercialize Biogas; China Considers Buying Back Unsold Homes 1. April CPI Data Supports Rate Cut The consumer price index (CPI) rose by 0.3% in April …

Continue reading “Market Beats | China Considers Buying Back Unsold Homes; April CPI Data Supports Rate Cut; Netflix Buys NFL Games Streaming Rights; US Homebuilder Sentiment Drops; Biden, Trump to Debate Live Twice; OpenAI Rival Hires Instagram Founder; JBS to Commercialize Biogas”

—— AWS Chief to Step Down; NY to Redevelop Brooklyn Coastline; Uber Buys Taiwan Delivery Business; Fed Disappointed in Inflation Progress; GameStop Hard to Rally Like 2021; EQT-Backed Waystar to Go IPO; De Beers to Be Sold or Spun Off 1. AWS Chief to Step Down Adam Selipsky, the head of Amazon.com Inc.’s cloud-computing division, …

Continue reading “Market Beats | AWS Chief to Step Down; NY to Redevelop Brooklyn Coastline; Uber Buys Taiwan Delivery Business; Fed Disappointed in Inflation Progress; GameStop Hard to Rally Like 2021; EQT-Backed Waystar to Go IPO; De Beers to Be Sold or Spun Off”

—— Squarespace Privatized After Brief IPO; GameStop Shares More Than Double; Intell, Apollo to Build Ireland Plant; Apple to Sell VR Headset Internationally; UAE Releases New AI Model; JPMorgan Buys Queens Retail Plaza; CRE Loan Distress Rate Hits New High 1. Squarespace Privatized After Brief IPO Permira is purchasing Squarespace Inc. for approximately $6.6 billion …

Continue reading “Market Beats | Squarespace Privatized After Brief IPO; GameStop Shares More Than Double; Intell, Apollo to Build Ireland Plant; Apple to Sell VR Headset Internationally; UAE Releases New AI Model; JPMorgan Buys Queens Retail Plaza; CRE Loan Distress Rate Hits New High”

—— Biden to Announce New China Tariffs; US Consumer Sentiment Sharply Drops; Tesla to Invest $500m on Supercharger; Zeekr Jumps 40% After US IPO; Fed Cautious of CRE Loan Delinquency; Biden Advisor Proposes Higher Corporate Tax; Novavax Jumps 146% On New Deal 1. Biden to Announce New China Tariffs The Biden administration is set to …

Continue reading “Market Beats | Biden to Announce New China Tariffs; US Consumer Sentiment Sharply Drops; Tesla to Invest $500m on Supercharger; Zeekr Jumps 40% After US IPO; Fed Cautious of CRE Loan Delinquency; Biden Advisor Proposes Higher Corporate Tax; Novavax Jumps 146% On New Deal”