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“The AI-capex boom probably will continue to support output in tech-related sectors, but a broader manufacturing boom looks unlikely,” a Pantheon Macroeconomics economist said.
We haven't written up this one. CFO Dive has the full story — the link below goes straight to it.
Commerzbank’s Volkmar Baur highlights that Chinese sentiment weakened in October as official manufacturing and non-manufacturing PMIs fell below 50, while construction new orders dropped towards record lows. Input costs and producer prices point to rising producer inflation.
Here is what you need to know on Tuesday, November 3:
This once-hot growth stock has lost two-thirds of its value this year.
Employees describing jobs as 'remote' are now often in-office, as companies fail to create the collaboration they claim is critical, NY Fed research shows.
The Green Bay Packers say they're sticking with troubled running back Josh Jacobs.
Pinterest trades at an 8.3x forward P/E versus The Trade Desk's 13.5x, but one carries heavier customer concentration risk.
