‘AI shopping list’: Morgan Stanley names its top global picks to play the AI theme
“AI winners” are undergoing a tactical correction, says Morgan Stanley, and “should make new highs in the coming months.”
Nasdaq closes up 2%, Dow adds 400 points as tame inflation data fuels market comeback
U.S. stocks were higher Tuesday as investors parse this week’s first batch of key inflation data.
EU warns Elon Musk ahead of Trump interview to keep hate speech off X
European Commissioner Thierry Breton warned X owner Elon Musk the company may face penalties if it doesn’t address the spread of illegal and dangerous content.
Falling commodity prices are indicating there is trouble brewing with the economy
Falling copper price in particular are viewed as a sign of what may be in store for the economy.
S&P 500 may struggle in the next two months, according to history of past volatility spikes
Bank of America found that the S&P 500 typically is lower two months after the Cboe Volatility Index (VIX) spikes above 45.
Three-year inflation outlook hits record low in New York Fed consumer survey
Consumers grew more confident in July that inflation will be less of a problem in the coming years.
Trump returns to X ahead of Elon Musk interview, weighing down Trump Media stock
Donald Trump announced the interview with Elon Musk on Truth Social last week.
Market sell-off won’t last for one key reason, CIO says: There’s no tech bubble to burst
“I just don’t see a tech bubble. Yes, a few stocks have done well, and they have done well on earnings that they have delivered.”
Adani Group shares shed billions after Hindenburg allegations against regulator
The group’s flagship firm Adani Enterprises slipped as much as 5% in early morning deals, before paring some of its losses.
India’s Bharti to buy Drahi’s stake in BT, worth $4 billion
India’s Bharti Enterprises said it would acquire a 24.5% stake in BT, worth about $4 billion.
