Articles from www.wsj.com

Articles from www.wsj.com

Resilient U.S. Economy Defies Expectations. Steady hiring and robust consumer spending offer the latest evidence that the pandemic's effects and the government's unprecedented policy responses made the economy surprisingly resilient to the most aggressive interest rate hikes in forty years. (www.wsj.com)
2023-9-3 U.S. Interest Rate

Sources: Arm looks to target its IPO at a $50B-$55B valuation, well below the $64B valuation implied by SoftBank's recent acquisition of a 25% stake in Arm (www.wsj.com)
2023-9-2 IPO

EV Boom Remakes Rural Towns in the American South (www.wsj.com)
2023-9-2 U.S.

AI hasn't stemmed the yearslong startup downturn; PitchBook: US venture funding fell by almost half in Q2 2023, as generative AI investments rose 65% to $3.3B (www.wsj.com)
2023-9-1 Startup AI

An excerpt from Walter Isaacson's new Elon Musk biography details Musk's decision to buy Twitter and how his moods fluctuated wildly before the official closing (www.wsj.com)
2023-9-1 Twitter Elon Musk

Investor letter: Reid Hoffman won't be a GP for Greylock's next $1B fund, down from its $1.5B funds in 2020 and 2021; Hoffman made one deal in its 16th fund (www.wsj.com)
2023-8-31

DOJ, SEC Investigate Tesla Over Secret Glass House Project (www.wsj.com)
2023-8-31 Tesla

Despite a rough year for memory-chip business, SK Hynix's stock rose ~60% in 2023, benefiting from the rise of AI chips that rely on high-bandwidth memory (www.wsj.com)
2023-8-30 AI

Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a net profit of ~$504M, vs. ~$440.9M est., more than doubling from a year earlier (www.wsj.com)
2023-8-30 Xiaomi

Racial Hatred Spurred Florida Shooting That Left Three Dead, Officials Say - WSJ (www.wsj.com)
2023-8-29

Binance is reevaluating its Russian business, including potentially a full withdrawal, after stopping P2P trading in Russia for all currencies but the ruble (www.wsj.com)
2023-8-29 Russia P2P

Chinese Stocks Rally After Beijing Moves to Boost Market (www.wsj.com)
2023-8-29 China

Foxconn founder Terry Gou plans to run in Taiwan's 2024 presidential election as an independent candidate, after an unsuccessful bid in 2019 (www.wsj.com)
2023-8-28 Taiwan

Goodbye Bathtub and Living Room. America's Homes Are Shrinking. (www.wsj.com)
2023-8-28 U.S.

Communist Party Priorities Complicate Plans to Revive China's Economy (www.wsj.com)
2023-8-27 China

Consumers Are Spending Like It's 2019 (www.wsj.com)
2023-8-27

Tech leaders emerge behind plan to build new city near California air base — Group has spent nearly $1 billion to buy thousands of acres northeast of San Francisco (www.wsj.com)
2023-8-27 San Francisco California

Despite What Powell Says, the Fed Is Likely Done (www.wsj.com)
2023-8-27

WSJ News Exclusive | Prosecutors Weigh Charges Against Sen. Bob Menendez (www.wsj.com)
2023-8-27

Dating Apps Put a Hefty Price Tag on Finding Love (www.wsj.com)
2023-8-27

Opinion | Why Our EV Policies Are So Extremely Stupid (www.wsj.com)
2023-8-26

A profile of New Jersey-based CoreWeave, which offers Nvidia GPUs in the cloud, is valued at ~$2B, and has 700 clients, including Microsoft and Inflection AI (www.wsj.com)
2023-8-26 Microsoft AI Nvidia

Rite Aid Prepares Bankruptcy That Would Halt Opioid Lawsuits (www.wsj.com)
2023-8-26

US Treasury proposes new rules treating crypto exchanges more like stockbrokers, requiring them to report crypto gains to the IRS, starting in 2026 (www.wsj.com)
2023-8-25

Shein acquires ~33% of Forever 21 parent Sparc, and Sparc takes a minority stake in Shein, allowing Shein to sell Forever 21 items and operate inside its stores (www.wsj.com)
2023-8-25

Sources: Vietnamese internet company VNG aims to raise ~$150M in its US IPO and targets a debut at the end of September; VNG reported $166.3M in H1 2023 revenue (www.wsj.com)
2023-8-24 IPO Vietnam

Goodbye Bathtub and Living Room. America's Homes Are Shrinking. Faced with high mortgage rates, cost-constrained Americans are embracing smaller homes (www.wsj.com)
2023-8-24 U.S. mortgage

A decade after data analytics promised to revolutionize US agriculture, many farmers are still waiting for the tech to pay off and are swamped by a data deluge (www.wsj.com)
2023-8-24

Investigation: despite scaling back in Russia in 2022, Binance continues to handle substantial ruble trading, helping clients evade sanctions via intermediaries (www.wsj.com)
2023-8-23 Russia

How Hard Should the Fed Squeeze to Reach 2% Inflation? (www.wsj.com)
2023-8-23 Inflation

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