China’s latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts said.
OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after losing top talent this week.
Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
These are the stocks posting the largest moves in midday trading.
Wealthy investors support Harris over Trump, new survey says
According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for Harris and 43% plan to vote for Trump.
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
Appaloosa Management’s David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good economy like it did in the 1990s.
David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China
The billionaire founder of Appaloosa Management said he may have doubled his limit on China equities with this move.
Stocks making the biggest moves premarket: Micron Technology, Starbucks, CarMax and more
These are the stocks posting the largest moves in premarket trading.
Google backs a startup that aims to bring mixed reality to any car windshield or plane cockpit
Distance Technologies, a Helsinki-based mixed-reality startup, raised 10 million euros of funding in a round led by GV, the venture capital arm of Alphabet.
China’s Xi and top leaders call for halting real estate decline, responding to public concerns
While the meeting readout did not provide many details, it is significant for a country where policy directives are determined at the very top.
Swiss central bank cuts rates by a quarter point in third trim this year
It was the first major Western central bank to reduce interest rates back in March.