Apollo Asset Management Co-President Scott Kleinman had a more contrarian view: He said he’d be betting against any rate cuts in 2024.
Schlagwort-Archiv: Financial
Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government’s decision to write down the failed bank’s Additional Tier 1 debt.
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
Chinese EV company Nio plans to expand to the Middle East this year, and begin delivering vehicles under a third brand in the first half of next year.
China’s Alibaba is courting European and U.S. small businesses as it goes global
Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.
The low-end consumer ‚is really being stretched,‘ says Five Below CEO
U.S. consumers may still be feeling the effects of inflation for quite some time, according to Five Below CEO Joel Anderson.
GameStop shares jump more than 40% as ‚Roaring Kitty‘ schedules YouTube livestream for Friday
Shares of GameStop shot to session highs Thursday after „Roaring Kitty“ scheduled a livestream on YouTube, which would be his first one in almost four years.
GameStop shares drop after retailer posts 29% sales decline, reveals stock sale plan
GameStop reported its fiscal first-quarter results Friday, showing a steep decline in sales along with a loss on the bottom line.
Salesforce to open new AI center in London as part of $4 billion UK investment
Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub.
Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth
Bulgarian-founded corporate card startup Payhawk said it is searching for startups in the world of corporate spend management to acquire.
Lululemon shares pop 10% despite lackluster earnings report and guidance
Lululemon is seeing sales grow in North America, but at a far slower pace than the past, raising concerns from investors about its future growth potential.