The trend highlight the growing importance of so-called “soft services” for the wealthy.
Fed’s Miran says stablecoin surge could help push interest rates lower
The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.
Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more
These are some of the stocks posting the largest moves midday.
Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Gerstner pushed back on the idea that the market is in bubble territory.
$1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger
State Street SPDR ETFs are coming to 401(k) market in new low-cost, economies of scale challenge to the mutual fund status quo that dominates retirement plans.
Consumer sentiment nears lowest level ever as worries build over shutdown
A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.
Stocks making the biggest moves premarket: Opendoor, Affirm, Airbnb, Sunrun, Peloton & more
See which stocks are posting big moves before the bell.
Stocks making the biggest moves after hours: Airbnb, Take-Two Interactive, Peloton, Affirm and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Brighthouse Financial, Duolingo, Datadog, Snap & more
These are the stocks posting the largest moves midday.
Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up
The Chinese AI startup on Thursday released its newest “Kimi K2 Thinking” artificial intelligence model.