November 16, 1912
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BlackRock Bets On ‘Pick And Shovel’ Trade, Singling Out Clear Winners In AI Spending Spree
The wave of capital pouring into AI infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock.
The Fed Is Likely To Cut Rates For A Third Time This Year. What Happens Next Year Is Less Certain.
The consensus is that the Federal Reserve will likely go ahead with a 25 basis point cut on Wednesday after much consternation.