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Morgan Stanley names China stocks set to benefit from a ‘sustained rally’
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.
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Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
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AI chipmaker Cerebras files for IPO to take on Nvidia
Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
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CVS is working with advisors on strategic review, sources say
CVS Health’s board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter.
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BlackRock exec says new Ethereum ETF faces ‘narrative’ challenge
Robert Mitchnick says BlackRock plans to educate clients on the benefits of Ethereum ETFs