How far could America’s stockmarket fall? – The Economist
The sound of alarm bells is becoming harder to ignore. America’s stockmarket finished the first quarter of 2024 on an astonishing tear, with its benchmark
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Alphabet set to surge past $2tn valuation as search giant announces first dividend – The Financial Times
Alphabet’s first-quarter revenue jumped 15 per cent, and it announced its first-ever dividend of 20 cents a share alongside a $70bn stock buyback, buoyed by
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending – CNBC
Microsoft is increasing spending at a rate not seen since at least 2016. It still might not be enough. In its earnings report on Thursday,
World Primed for More Balanced Growth as U.S. Cools, Peers Pick Up Pace – WSJ
Activity in the U.S. private sector slowed in April amid signs of a pickup in other leading economies, a sign that global growth is set
Traders Add Bets That Fed Will Skip Interest-Rate Cuts This Year – Bloomberg
Traders in the US interest-rates market have started to put on wagers that the Federal Reserve will refrain from cutting borrowing costs this year.With the
Can markets make a comeback? That depends on tech earnings – CNN
Markets have had a rough time this month, but don’t count them out just yet. Monday’s bounceback, buoyed by a strong start to earnings season,
European Stocks Set to Rise as Tech Rally Spreads: Markets Wrap – Bloomberg
European equity futures point to a strong open, following a tech-led rally in Asia and fresh data that rekindled hopes for US interest rate cuts.
BOE Chief Economist Pill Says Key Rate Cut Is Some Way Off – WSJ
A first cut in the Bank of England’s key interest rate remains some way off, its chief economist said Tuesday. In a speech, Huw Pill
Tesla sees biggest revenue drop since 2012 but company shares still surge – The Guardian
Tesla shares surged nearly 10% in after-hours trading on Tuesday after posting earnings results, despite a revenue miss for the first quarter of 2024, a
PODCAST: Masters in Business: Ashish Shah
Bloomberg Radio host Barry Ritholtz speaks to Ashish Shah, co-head of Goldman Sachs Asset Management LP’s global fixed income and liquidity solutions business. He is