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—— Netflix Handily Beats Expectation; Oyo Hotels Seeks $450M Refinance; Israel Launches Retaliatory Strikes; Amex Revenue Exceeds Forecast; P&G Raises 2024 Profit Outlook; Apollo and Sony Team Up to Bid For Paramount; Tesla Recalls Near 3,900 Cybertrucks 1. Netflix Handily Beats Expectation In the initial quarter of 2024, the company acquired 9.33 million new customers, …

Continue reading “Market Beats | Netflix Handily Beats Expectation; Oyo Hotels Seeks $450M Refinance; Israel Launches Retaliatory Strikes; Amex Revenue Exceeds Forecast; P&G Raises 2024 Profit Outlook; Apollo and Sony Team Up to Bid For Paramount; Tesla Recalls Near 3,900 Cybertrucks”

—— Blackstone Profit Narrowly Beats Forecast; Semiconductor Index Enters Correction Zone; US Treasury Has Dangerous Selloff Risk; US Unemployment Claims Stabilizes; Cocoa Price Hits Record High; Bitcoin Briefly Dips Below $60k; Orange County Mall Listed for $300M 1. Blackstone Profit Narrowly Beats Forecast Blackstone Inc. generated higher fees from prominent retail funds and credit strategies …

Continue reading “Market Beats | Blackstone Profit Narrowly Beats Forecast; Semiconductor Index Enters Correction Zone; US Treasury Has Dangerous Selloff Risk; US Unemployment Claims Stabilizes; Cocoa Price Hits Record High; Bitcoin Briefly Dips Below $60k; Orange County Mall Listed for $300M.”

—— US Mortgage Rate Rises to 4-Month High; Morgan Stanley Plans Biggest China Job Cut; VIX Soars on War and Inflation Fear; Trump Donar Base Shrunk; IMF Criticizes US Fiscal Policy; Jane Street Trading Revenue Doubles; Quantitative Tightening Could Stop in 2025 1. US Mortgage Rate Rises to 4-Month High Mortgage rates in the US …

Continue reading “Market Beats | US Mortgage Rate Rises to 4-Month High; Morgan Stanley Plans Biggest China Job Cut; VIX Soars on War and Inflation Fear; Trump Donar Base Shrunk; IMF Criticizes US Fiscal Policy; Jane Street Trading Revenue Doubles; Quantitative Tightening Could Stop in 2025”

—— BofA Traders Notch Best Quarter; BYD Unveils 2 New Models; Vornado to Develop Citadel Skyscraper; Tesla Market Cap Drops Below $500 bn; WNBA Start to Earn Less Than $80k; Hong Kong Apartment Discounted 40% 1. BofA Traders Notch Best Quarter Bank of America Corp. traders achieved impressive results in the first quarter, marking it …

Continue reading “Market Beats | Hong Kong Apartment Discounted 40%; BofA Traders Notch Best Quarter; BYD Unveils 2 New Models; Vornado to Develop Citadel Skyscraper; Tesla Market Cap Drops Below $500 bn; WNBA Start to Earn Less Than $80k”

——Goldman Posts Surprise Profit Jump; US Retail Sales Rise More Than Forecast; US Homebuilder Sentiment Remains High; Bain Sells Payroll Software Company; Fed Could Raise Rate to 6.5%; Yen Falls to 30 Year Low; Tesla to Cut 10% Global Staff 1. Goldman Posts Surprise Profit Jump Goldman Sachs Group Inc. is reaping the rewards of …

Continue reading “Market Beats | Yen Falls to 30 Year Low; Goldman Posts Surprise Profit Jump; US Retail Sales Rise More Than Forecast; US Homebuilder Sentiment Remains High; Bain Sells Payroll Software Company; Fed Could Raise Rate to 6.5%; Tesla to Cut 10% Global Staff”

—— JPMorgan Share Drops After NII Miss; BlackRock AUM Hits $10.5tn; Dollar Has Strongest Week Since 2022; Brookfield Invests in Castlelake; US Car Insurance Cost Rises Sharply; UL Solutions Jump After IPO; Jane Street Traders Stole Strategies 1. JPMorgan Share Drops After NII Miss JPMorgan Chase & Co. disclosed that its net interest income slightly …

Continue reading “Market Beats | Jane Street Traders Stole Strategies; JPMorgan Share Drops After NII Miss; BlackRock AUM Hits $10.5tn; Dollar Has Strongest Week Since 2022; Brookfield Invests in Castlelake; US Car Insurance Cost Rises Sharply”