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Bloomberg Markets
Sree Kochugovindan, Senior Research Economist at Aberdeen Investments, discussed the implications of a potential reopening of the Strait, highlighting it as a positive development for inflation. While the reopening would help reduce inflationary pressures, Kochugovindan emphasized that the process will take time due to necessary demining operations and insurance clearances before shipping can fully resume. He noted ongoing inflationary pressures in countries like the US and Japan, evidenced by e
Bloomberg Markets
Equity futures were slighly higher on Tuesday as rising confidence about a US-Iran agreement sent oil prices lower. SpaceX is set for a more than 50% jump in in first three sessions if premarket gains are sustained.
MarketWatch
T. Rowe Price fund manager David Giroux says Big Tech isn’t in a bubble, but there’s value in healthcare and utilities.
Bloomberg Markets
US equity-index futures are higher after a three-day rally in stocks. Contracts on the S&P 500 Index are up 0.1% at 7:40 a.m. in New York.
Bloomberg Markets
Buyers of crude from the Persian Gulf will want to make sure they are better prepared to cope with any future disruptions.
NY Times Business
Interest rates, inflation, independence are among the challenges the new chairman of the Federal Reserve faces as the central bank’s policymakers meet.
MarketWatch
Robinhood’s stock, already riding a four-session winning streak, looked to continue its climb.
Bloomberg Markets
D.E. Shaw & Co. is preparing to close another of its strategies to new money, adding to a wave of hedge funds spurning cash just as investor interest in the industry picks up.
Bloomberg Markets
“What the market wants to see is evidence that the Bank of Japan is not behind the curve on inflation,” says Jane Foley, head of FX strategy at Rabobank, as the BOJ raised its benchmark interest rate by a quarter percentage point to 1%. (Source: Bloomberg)
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Bloomberg Markets
Jensen Huang may see Marvell Technology Inc. as the stock market’s “next trillion-dollar company,” but it’s going to take a lot of growth for the chipmaker to even sniff that lofty level.
Bloomberg Markets
Easing tensions in the Middle East is giving investors a new reason to look beyond the artificial intelligence trade that’s dominated the market narrative for most of the year.