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—— Wildfire Costs Add $41 to Monthly Power Bills for Californians; US Consumer Sentiment Hits Record Low as War Stokes Inflation Fears; Hermès Opens 25th Leather Plant in France Amid Global Uncertainty; StubHub to Pay $10mn Over FTC Allegations of Hidden Ticket Fees; US Government Recruits Gamers for High-Paying Air Traffic Control Careers; Anthropic Inks …

Continue reading “Market Beats | Wildfire Costs Add $41 to Monthly Power Bills for Californians; US Consumer Sentiment Hits Record Low as War Stokes Inflation Fears; Hermès Opens 25th Leather Plant in France Amid Global Uncertainty; StubHub to Pay $10mn Over FTC Allegations of Hidden Ticket Fees; US Government Recruits Gamers for High-Paying Air Traffic Control Careers; Anthropic Inks Multibillion-Dollar Deal with CoreWeave to Power Claude AI; US Inflation Hits Two-Year High as War Fallout Crushes Consumer Sentiment”

—— Amazon Considers Selling Custom Chips to Third Parties; US Sports Prediction Markets Could Hit $1.1 Trillion in Annual Volume; Blackstone Provides $226mn Loan for Sunbelt Industrial Storage Portfolio; US Consumer Spending Stagnates in February; Kering to Nominate Former Chanel Executive and Mandarin Oriental CEO to Board; Nike to Replace Adidas as UEFA Champions League …

Continue reading “Market Beats | Amazon Considers Selling Custom Chips to Third Parties; US Sports Prediction Markets Could Hit $1.1 Trillion in Annual Volume; Blackstone Provides $226mn Loan for Sunbelt Industrial Storage Portfolio; US Consumer Spending Stagnates in February; Kering to Nominate Former Chanel Executive and Mandarin Oriental CEO to Board; Nike to Replace Adidas as UEFA Champions League Ball Supplier; CoreWeave Strikes Massive $21bn Computing Deal with Meta”

—— Saudi East-West Pipeline Attacked as Iran-US Ceasefire Reached; Perplexity Revenues Jump 50% as Focus Shifts to AI Agents; US and Iran Agree to Two-Week Ceasefire to Open Strait of Hormuz; Samsung Family Member to Sell $2.1bn in Shares; Exxon Mobil Global Output Drops 6% as Iran War Damages Qatar Assets; Meta Debuts Muse Spark, …

Continue reading “Market Beats | Saudi East-West Pipeline Attacked as Iran-US Ceasefire Reached; Perplexity Revenues Jump 50% as Focus Shifts to AI Agents; US and Iran Agree to Two-Week Ceasefire to Open Strait of Hormuz; Samsung Family Member to Sell $2.1bn in Shares; Exxon Mobil Global Output Drops 6% as Iran War Damages Qatar Assets; Meta Debuts Muse Spark, Shifting Strategy Under New AI Leadership; LIRR Workers Threaten May 16 Strike Over Stalled Wage Negotiations”

—— US Strikes Kharg Island as Iran Faces Trump’s Final Deadline; Tishman Speyer Moves Closer to Regaining Control of Chrysler Building; Blackstone Raises $10bn for Opportunistic Credit; Jeff Bezos’s AI Start-up Poaches xAI Co-founder from OpenAI; Delta Raises Checked Bag Fees as Jet Fuel Prices Surge; Apple’s First Foldable iPhone on Track for September Launch; …

Continue reading “Market Beats | US Strikes Kharg Island as Iran Faces Trump’s Final Deadline; Tishman Speyer Moves Closer to Regaining Control of Chrysler Building; Blackstone Raises $10bn for Opportunistic Credit; Jeff Bezos’s AI Start-up Poaches xAI Co-founder from OpenAI; Delta Raises Checked Bag Fees as Jet Fuel Prices Surge; Apple’s First Foldable iPhone on Track for September Launch; Artemis II Crew Captures Breathtaking Deep Space Images”

—— Strategy Inc. Reports $14.5bn Unrealized Loss; Oracle Names Hilary Maxson as CFO; Barings Capped Redemptions at Private Credit Fund; Micron Faces New Rivalry as SK Hynix Plans $10bn US Listing; Artemis II Crew to Fly By Moon Today; US Used EV Sales Surge as New Market Slumps Post-Tax Credit; Neurocrine Biosciences to Acquire Soleno …

Continue reading “Market Beats | Strategy Inc. Reports $14.5bn Unrealized Loss; Oracle Names Hilary Maxson as CFO; Barings Capped Redemptions at Private Credit Fund; Micron Faces New Rivalry as SK Hynix Plans $10bn US Listing; Artemis II Crew to Fly By Moon Today; US Used EV Sales Surge as New Market Slumps Post-Tax Credit; Neurocrine Biosciences to Acquire Soleno Therapeutics for $2.9bn.”

—— Tesla Sales Miss Estimates in Weak Quarter; Blue Owl Faces $5.4bn in Redemption Requests; Paris Police Tighten Security at US Banks Amid Iran War Threats; Trump’s Aggressive Iran Stance Rattles Global Markets; Attorney General Pam Bondi Resigns, Todd Blanche Named Acting AG; Microsoft Aims to Launch Frontier AI Models by 2027 to Rival OpenAI; …

Continue reading “Market Beats | Tesla Sales Miss Estimates in Weak Quarter; Blue Owl Faces $5.4bn in Redemption Requests; Paris Police Tighten Security at US Banks Amid Iran War Threats; Trump’s Aggressive Iran Stance Rattles Global Markets; Attorney General Pam Bondi Resigns, Todd Blanche Named Acting AG; Microsoft Aims to Launch Frontier AI Models by 2027 to Rival OpenAI; Dated Brent Surges Past $140”