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Finance & Markets

The Fed Hiked Interest Rates for the First Time in 3 Years. Are AI Stocks in Trouble?

Key PointsThe Federal Reserve raised its benchmark interest rate on Wednesday.

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'Direct Indexing' to Diversity Portfolios

Manju Boraiah, Senior PM and Head of Systematic Fixed Income at Allspring Global Investment, reacts to Wednesday's Fed rate decision saying fundamentally, 'we needed the hike.' He also discusses how…

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