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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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According To Jeff Gundlach Fed Cuts Are Too Little Too Late
Jeffrey Gundlach, CEO of DoubleLine and a leading voice in the bond market, is sounding the alarm that the Fed’s anticipated rate cut is too late.
Fed 'Dot Plot' Suggests Central Bank Will Slash Interest Rates Two More Times In 2024
Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis point cut.
New Rules From SEC Adjust How Stocks Are Priced And Traded
The U.S. Securities and Exchange Commission (SEC) has unanimously approved new rules that adjust how stocks are priced and traded.
JPMorgan's Jamie Dimon Downplays Fed Rate Cuts: 'It's A Minor Thing'
JPMorgan Chase CEO Jamie Dimon is one big Wall Street figure who isn't that concerned about what the Fed does at the end of its policy meeting.