The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight mainland China’s A shares.
Author: admin@finance
U.S., Iran intensify attacks as ceasefire frays, peace talks stall
The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.
Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author
The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint “Project 2025.”
Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race
Los Angeles voters go to the polls Tuesday. If no candidate receives more than 50%, the top-two vote getters will advance to a November runoff.
Greg Abel channels Buffett’s deal-making style in nearly $17 billion spree, expanding into tech
The back-to-back deals offer one of the clearest signals yet that Abel is prepared to put Berkshire’s enormous balance sheet to work.
Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions
Goldman Sachs CEO David Solomon’s comments come as investors prepare for what will be one of the busiest periods for equity issuance in years.
Job openings in April surged to 7.6 million, the highest in nearly two years
The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.
Polymarket closes its first block trade as prediction markets push for Wall Street adoption
Prediction market platforms have increasingly looked to institutional traders, not individual ones, as the next venue for growth.
Audemars Piguet’s watch prices remain stable after controversial Swatch collab
The Royal Pop collection of brightly colored watches on lanyards is part of AP’s longer-term strategy of attracting the next generation of collectors.
Stocks making the biggest moves premarket: Marvell Technology, Hewlett Packard Enterprise, Victoria’s Secret & more
These are the stocks posting the largest moves in early trading.