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—— Demand in the U.S. job market slowed in June; Citigroup hopes to expand by 500 people; Uber’s first quarterly free cash flow; Mysterious Chinese ADR surged 520%; AmericanDream defaulted on interest; Airbnb revenue rose 25%; Robinhood laid off another 23%. 1. U.S. job demands slowed in June The number of job vacancies in the …

Continue reading “Market Beats | U.S. job demands slowed in June; Uber recorded its first quarterly free cash flow; AmericanDream defaulted on interest; Robinhood laid off another 23% of employees”

—— Oracle consumer division lays off employees; Apple issues $5.5 billion in debt to return investors; Estee Lauder acquires Tom Ford; Global Payments acquires EVO; LA real estate company acquires student apartments; Apollo acquires air transport company Atlas. 1. Oracle consumer division lays off employees Texas-based software company Oracle plans to lay off some workers …

Continue reading “Market Beats | Oracle consumer division lays off employees; Apple issues bonds to reward shareholders; real estate company acquires student apartments; Apollo acquires air transport company Atlas; PepsiCo takes a stake in energy drink Celsius”

—— Apple’s iPhone sales beat expectations; two major U.S. economic indicators get worse; Sequoia Capital enters New York City; oil giant revenue creates new records; LeBron invests in bicycle brands; Amazon’s earnings beat expectations, pushing stocks higher​. 1. iPhone sales beat expectations On Thursday, Apple (Apple Inc.) announced its highly anticipated fiscal third-quarter results. The …

Continue reading “Market Beats | iPhone sales beat expectations; Sequoia Capital opens its New York office; oil giants revenue far exceeds expectations; LeBron invests in bicycle brand; Amazon’s revenue beats expectations to push stocks higher​”

—— U.S. GDP shrinks in Q2; CFA Level 3 pass rate rises; Federal Reserve raises interest rates by 75 basis points; Mastercard payment volume surges 58%; Microsoft founder’s properties are sold; Instagram promotes racial diversity; JetBlue wins Spirit acquisition war. 1. U.S. GDP shrinks again in Q2 According to preliminary data released today by the …

Continue reading “Market Beats | U.S. GDP shrinks in Q2; CFA Level 3 pass rate rises; Fed raises interest rates by 75 basis points; Microsoft founder’s properties are sold; JetBlue wins Spirit takeover battle”

—— French housing attracts US buyers; Twitter cuts office space to save costs; Tremor acquires AD technology companies; Country Garden sells shares at a discount; Kraft Heinz raises its income forecast; Low-income people in the United States spend less on eating outside; the US Senate passes the chip bill. 1. French housing attracts US buyers …

Continue reading “Market Beats | French housing attracts U.S. buyers; Twitter cuts office space and saves costs; Country Garden sales discounted shares; U.S. low-income people spend less on eating outside; U.S. Senate passes chip bill”

—— U.S. new home sales fell 8.1% in June; GM’s net profit fell 40% due to production constraints; Shopify laid off 10% of staff; Deutsche’s head joined Rockefeller; Invesco acquired a self-storage building; Credit Suisse CEO is leaving; Meta’s new VR glasses price increases $100. 1. U.S. new home sales fell 8.1% in June U.S. …

Continue reading “Market Beats | U.S. new home sales fell 8.1% in June; GM’s net profit fell 40% due to production constraints; Shopify laid off 10% of staff; Invesco acquired a self-storage building”