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—— PPI Rises by Most in 11 Months; Harvard Brings Back SAT Test; Citadel Building Lands Refinancing; Ford Cuts EV Pickup Price; Fed’s Official Sees No Rush to Cut Rate; Interpreter Stole $16mn from Baseball Star; ByteDance Buys Back Employee Shares 1. PPI Rises by Most in 11 Months In March, US producer prices saw …

Continue reading “Market Beats | Interpreter Stole $16mn from Baseball Star; PPI Rises by Most in 11 Months; Citadel Building Lands Refinancing; Ford Cuts EV Pickup Price; Fed’s Official Sees No Rush to Cut Rate; ByteDance Buys Back Employee Shares”

—— March CPI Rises More Than Forecast; BMW EV Sales Surge; New Jersey Transit Approves 15% Fare Hike; Treasury 10-Year Yield Tops 4.5%; Credit-Card Delinquency Rates Hit Record; NY Return-to-Office Rate Climbs 1. March CPI Rises More Than Forecast The core consumer price index, which excludes food and energy costs, surpassed expectations for the third …

Continue reading “Market Beats | New Jersey Transit Approves 15% Fare Hike; March CPI Rises More Than Forecast; BMW EV Sales Surge; Treasury 10-Year Yield Tops 4.5%; Credit-Card Delinquency Rates Hit Record; NY Return-to-Office Rate Climbs”

—— Blackstone Helps L’Occitane Take-Private; Google Gemini Near Enterprise-Ready; Taiwanese Groups Consider Overseas Headquarters; Blue Owl Acquires Prima; EQT Sells Rimes to Five Arrows; Musk Sees AI Smarter Than Human; Boeing Shares Fall After Report 1. Blackstone Helps L’Occitane Take-Private Reinold Geiger, the billionaire owner of L’Occitane International SA, is close to finalizing an agreement …

Continue reading “Market Beats | Musk Sees AI Smarter Than Human; Blackstone Helps L’Occitane Take-Private; Google Gemini Near Enterprise-Ready; Taiwanese Groups Consider Overseas Headquarters; Blue Owl Acquires Prima; EQT Sells Rimes to Five Arrows”

—— China GDP Could Grow 5.3%; Alibaba Cuts Cloud Products Price; Blackstone Makes $10bn Acquisition; Traders See 2 Rate Cuts This Year; Amazon Eyes Record High; Ivy League Tuition Breaches $90k; Trump Media Tanks $2.8bn 1. China GDP Could Grow 5.3% China is projected to experience a 5.3% economic expansion this year, aided by stabilization …

Continue reading “Market Beats | China GDP Could Grow 5.3%; Alibaba Cuts Cloud Products Price; Blackstone Makes $10bn Acquisition; Traders See 2 Rate Cuts This Year; Amazon Eyes Record High; Ivy League Tuition Breaches $90k”

—— US Jobs Roar Again; Tesla Stock Whipsaws After News; NY Area Hit by Strong Earthquake; MicroStrategy Could Rise 10%; US Consumer Borrowing Rises; Zegna Group Profit Doubled; Instagram Generated Almost 30% of Meta’s Revenue 1. US Jobs Roar Again In March, there was a significant increase in US payrolls, marking the most substantial rise …

Continue reading “Market Beats | Tesla Stock Whipsaws After News; US Jobs Roar Again; NY Area Hit by Strong Earthquake; MicroStrategy Could Rise 10%; US Consumer Borrowing Rises”

—— US Trade Gap Widens; Trafigura Pleads Guilty for Bribes; Google May Acquire HubSpot; Sora Could Train with YouTube; US Property Tax Jumps; Stocks Tank On Fed Debate; Investors Dump PE Investment At Loss 1. US Trade Gap Widens In February, the United States experienced a third consecutive increase in its trade deficit, with imports …

Continue reading “Market Beats | US Trade Gap Widens; Trafigura Pleads Guilty for Bribes; Stocks Tank On Fed Debate; Stocks Tank On Fed Debate; Investors Dump PE Investment At Loss”