These are the stocks posting the largest moves in the premarket.
Category: Finance News
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst suggested Monday.
Draghi urges radical European Union reform requiring extra 800 billion euros a year
The report lays out major challenges that the EU must address through a new industrial strategy, which would include reducing enegy prices.
Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Huawei has received more than 2.7 million pre-orders for its new, tri-fold smartphone, according to its website Monday.
China’s CPI climbs 0.6% in August, missing expectations as transport, home goods prices fall
China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations.
Why the father of ‘life planning’ says you’re managing money the wrong way
George Kinder, recognized as the founder of financial life planning, thinks consumers are shortchanging themselves by putting off goals until retirement age.
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back on skepticism of Riyadh’s economic diversification.
JPMorgan downgrades its opinion on China, but still likes these individual stocks
As the summer holidays end, investors in China are coming to accept that consumption and growth will remain sluggish for a while.
ETFs are on pace to break record annual inflows, but this wild card could change it all
ETF inflows could rise as investors begin to search for other opportunities outside of money market funds.
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Top finance leaders are becoming convinced that the tech will transform their businesses.