UncategorizedMorgan Stanley names China stocks set to benefit from a ‘sustained rally’ fwadmin / October 1, 2024 Morgan Stanley says Chinese stocks are set to jump another 10% in the near term as they ride on the wave of stimulus measures and signals announced.
UncategorizedPowell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’ fwadmin / October 1, 2024 The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
UncategorizedAI chipmaker Cerebras files for IPO to take on Nvidia fwadmin / October 1, 2024 Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
UncategorizedBlackRock exec says new Ethereum ETF faces ‘narrative’ challenge fwadmin / October 1, 2024 Robert Mitchnick says BlackRock plans to educate clients on the benefits of Ethereum ETFs
UncategorizedLawsuit accuses YouTube of harming youth mental health fwadmin / October 1, 2024 Alphabet’s Google, which is also named as a defendant in the case, denied the lawsuit’s claims.
UncategorizedEast Coast port strike: Union rejects 50% wage hike offer as shutdown at midnight nears fwadmin / October 1, 2024 A port strike on the East and Gulf coasts among ILA union workers is still set for Tuesday, as a wage hike offer near 50% from port ownership was rejected.
UncategorizedCVS is working with advisors on strategic review, sources say fwadmin / October 1, 2024 CVS Health’s board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter.
UncategorizedMiddle East’s power scales tip as Israel senses Iran’s weakness fwadmin / October 1, 2024 Regional tensions will remain high with neither Netanyahu’s coalition nor the Palestinians ready for a settlement
UncategorizedIsrael launches ‘limited’ ground operation against Hizbollah in Lebanon fwadmin / October 1, 2024 Incursion comes after two-week onslaught that has decimated militant group’s chain of command
UncategorizedNew study debunks employers’ RTO argument that remote work entrenches inequality fwadmin / October 1, 2024 A new equilibrium in the hybrid work space means in-office workers are getting pay bumps while remote workers enjoyed other benefits.