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The rally added $1 trillion to Microsoft's market cap as strong AI-driven cloud growth eased investor concerns about its spending
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Minneapolis Federal Reserve (Fed) President Neel Kashkari told Bloomberg on Thursday that if they keep raising rates, they will put different pressure on different parts of the economy, per Reuters.
The Japanese Yen (JPY) underperforms its currency peers on Thursday, with the USD/JPY pair trading 0.55% higher to near 158.40.
The New Zealand Dollar (NZD) keeps depreciating against the US Dollar (USD) on Thursday, hammered by a perfect storm of risk aversion, high Oil prices, and escalating US Treasury yields that have…
Brown Brothers Harriman’s Elias Haddad notes USD/JPY has surged to its 200-day moving average on broad Dollar strength, but expects the pair to trade within a 155.00–160.00 range near term.
These are the stocks posting the largest moves in the premarket.
Mumbai: India’s benchmark Nifty 50 has extended its decline for an eighth straight week, marking its longest weekly losing streak in 25 years as foreign selling, high US bond yields and geopolitical…
