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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.
The rally added $1 trillion to Microsoft's market cap as strong AI-driven cloud growth eased investor concerns about its spending
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.
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 tensions continue to hurt sentiment. The index has lost more than 2,149 points, or around 8.7 percent, over the past nine weeks.
"What the industry needs is a wave of innovation that will dwarf what mobile and cloud unlocked." The post Data Centers Are a $6 Trillion Time Bomb, Analysts Warn appeared first on Futurism .
On Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold off investments amid rising US bond yields and dollar demand. The rupee surpassed the 96-level twice in three days, indicating intense market pressure.
