Melvin Capital to Shrink After GameStop Losses -Source
Melvin Capital Management is planning to shrink to $5 billion from the $8.7 billion it managed at the end of March.
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JPMorgan Expects S&P 500 Earnings to Blow Past Gloomy Estimates
JPMorgan Chase & Co. strategists expect Corporate America to easily trounce Wall Street’s earnings forecasts.
Netflix Crash: 'The Real Culprit Here is Churn,' Analyst Says
Netflix shares tanking 35% on Wednesday afternoon, their worst daily performance since 2004 after unexpected decline in first-quarter net subscribers.
P&G CEO Doesn't See a Recession
P&G CEO doesn't see a recession after big quarter for consumer products giant.
Blackstone, Vista, Brookfield Rule Out Financing Elon Musk’s Twitter Bid
Vista and Blackstone aren’t interested in participating in any potential bid for Twitter from Musk or any other party at the moment.
Credit Suisse to Post First-Quarter Loss on Russia, Litigation
Credit Suisse Group AG issued fifth profit warning in six quarters, as hit from Russia’s war in Ukraine combined with growing burden of legal costs.
JPMorgan Loses Lead Role on China Deal After ‘Uninvestable’ Call
JPMorgan Chase & Co. was removed as the most senior underwriter for Kingsoft Cloud Holdings Ltd.’s Hong Kong stock offering.
