Lombard Odier — one of Switzerland’s oldest private banks — has been indicted by Swiss prosecutors for “aggravated money laundering.”
Stocks making the biggest moves premarket: MicroStrategy, Applied Materials, Robinhood and more
These are some of the stocks posting the largest moves in premarket trading.
India’s economy expands by just 5.4% in the last quarter, well below expectations
The Reserve Bank of India had forecast an expansion of 7% for the period.
Euro zone inflation climbs to 2.3% in November, meeting expectations
Markets have fully priced in a 25 basis point interest rate cut from the ECB in December, which would mark its fourth cut of the year.
China plans to restrict exports of a critical metal. But the market isn’t that worried
China dominates 80% of the global tungsten supply chain.
These economists say artificial intelligence can narrow U.S. deficits by improving health care
Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044.
Why exchange-traded funds are a ‘growth engine’ of active management
Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.
Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more
These are the stocks posting the largest moves in midday trading.
Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Stocks making the biggest moves premarket: Dell Technologies, MicroStrategy, Urban Outfitters and more
These are the stocks posting the largest moves in premarket trading.