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Software Stocks Jump As Wall Street Pushes Back On 'Doomsday Scenario' For Industry
Software stocks mostly rebounded on Monday as Wall Street analysts pushed back against growing investor fears.
Blackstone Boosts Stake In AI Startup Anthropic To About $1 billion, Source Says
Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350B.
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Rareview: Breaking The Glass
Friday's data raised the stakes for the Fed to true Old Testament levels. If you read only one policy preview comment this week, this is it.
Soaring Dollar Is ‘Only Safe Haven Left’ After Hot US Inflation
Investors are rushing to buy dollars after US inflation accelerated to a fresh 40-year high last month.
Yellen’s Humility on Inflation is Refreshing: Former FDIC Chair
Yellen told Senators that she expects inflation to remain high. It was refreshing to hear her admit she was wrong on earlier inflation prediction.
State Street Denies Interest in Buying Credit Suisse
"State Street is not pursuing an acquisition of, or any other business combination with, Credit Suisse," State Street said.