loom

EU car market data

Global Light Vehicle Market Stable in October, but Dark Clouds Loom

At 86 million units/year, October’s Global Light Vehicle (LV) sales rate was in line with the previous month, according to analysis by LMC Automotive (a GlobalData company). A global market forecast of 81.6 million units in 2022 would be stable compared to 2021 and some 9.5% below the 2019 level (just over 90 million). However, …

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UK property market risks major downturn as recession fears loom

UK property market risks major downturn as recession fears loom

Economists predict that soaring interest rates and falling prices will mark the end of the 13-year British property market boom, which could lead to a fall in house prices. Matt Cardy | Getty Images News | Getty Images LONDON — Britain’s property market could be on the verge of a major downturn, with some market …

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Live stock market news updates: Stocks swing and end lower as retail earnings loom

Live stock market news updates: Stocks swing and end lower as retail earnings loom

US stocks tumbled on Monday but ended the day lower as Wall Street awaited another round of earnings and key data from the retail sector. The S&P 500 (^GSPC) fell 0.9% on the day, while the Dow Jones Industrial Average (^DJI) fell 0.6%, or more than 200 points. The tech-heavy Nasdaq Composite (^IXIC) fell 1.1%. …

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More Late Valuation Cuts Loom as Startups Miss Revenue Targets |  PitchBook

More Late Valuation Cuts Loom as Startups Miss Revenue Targets | PitchBook

When Instacart lowered its internal valuation from $39 billion to $24 billion in March, many in the VC ecosystem wondered if other startups would follow in the grocery delivery specialist’s footsteps. Several months later, Stripe, one of the largest and most watched venture capital-backed companies, made a similar decision. The fintech specialist reduced the value …

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