Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

UK Budget Lacked 'Big Picture Themes,' RBC Capital Says

Peter Schaffrik, global macro strategist at RBC Capital Markets, and Stephanie Flanders of Bloomberg Economics react to Chancellor of the Exchequer John Healey's UK budget announcement. They speak on Bloomberg Television. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Why Enphase Energy Stock Crashed on Wednesday

Enphase results bode poorly for solar stocks.

  • Enphase Energy stock drops 15.5% after earnings miss
  • Earnings per share at $0.41, below expected $0.51
  • Soft residential solar demand in U.S. cited as cause

The S&P 500 Is Approaching a Valuation Not Seen Since the Peak of the Dot-Com Bubble, and History Suggests a Crash Could Follow

Investors are increasingly nervous about rising interest rates and the sustainability of the artificial intelligence infrastructure spending boom.

  • S&P 500 CAPE ratio near 41, high of 44.2 during 2000 dot-com bubble
  • Geopolitical tensions and oil price surge add market volatility risks
  • Federal Reserve rate hikes and AI sector borrowing costs signal potential downturn

More from Wednesday 28 October →