Markets Get Inflation Relief
Plus, AI names and Wendy’s rally.
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Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems reported better-than-expected second-quarter revenue and and raised its full-year guidance.
Cisco Beats Estimates, Cerebras Reports Declines | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec.
The housing market stand-off
Buyers have more time and choice, while vendors are not budging on price, leading to a stand-off of who is going to blink first.
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management.
CBN announces removal of restrictions on Discount Window access for FX, OMO
The Central Bank of Nigeria, CBN has reviewed its Discount Window restrictions and the framework governing participation in Open Market Operations, OMO.
Bolivia’s Currency Experiment: The Dollar Rate Slides Again
Bolivia ended a 15-year fixed exchange rate in June. Under the new managed regime, the official dollar rate has been sliding daily, reaching Bs 11.77 on August 11.