Posts

China needs U.S. dollars but is building a hedge against Washington’s sanctions

The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS. from Finance https://ift.tt/WVvlq5O via IFTTT

Stocks making the biggest moves premarket: Dick's Sporting Goods, Advanced Micro Devices, Kura Oncology & more

These are the stocks posting the largest moves in early trading. from Finance https://ift.tt/jwVsk2A via IFTTT

Goldman Sachs partner warns of 'huge danger' in letting AI replace bankers' reasoning skills

Goldman Sachs is embracing AI, but one of its senior tech leaders warns that it comes with an unintended risk: weakening the reasoning skills of future bankers. from Finance https://ift.tt/Q2A6jKf via IFTTT

Crypto extends gains after biggest 3-day rally since 2023

Bitcoin and crypto stocks extended their rally after the flagship cryptocurrency broke out of its trading range. from Finance https://ift.tt/7wpMNoB via IFTTT

Stocks making the biggest moves premarket: Alibaba, Marvell, Sandisk, Coinbase and more

These are the stocks posting the largest moves premarket. from Finance https://ift.tt/tYjikrR via IFTTT

Alibaba plunges after announcing $10.2 billion share placement to fund AI push

Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments. from Finance https://ift.tt/RUO0Bnr via IFTTT

Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill

Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five regional banks make sense as targets. from Finance https://ift.tt/05PAQ7w via IFTTT