Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem
Investors are unenthusiastic about the IPOs from Arm, Instacart and Klaviyo, even after a 21-month drought in tech offerings Source
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MARKETS
Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
These are the stocks posting the largest moves in midday trading. Source link
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The U.S. dollar just formed a ‘golden cross,’ which could cause trouble for the rest of the globe
The latest leg higher for the dollar comes after the Federal Reserve signaled its plan for "higher for longer" interest
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Here are Thursday’s biggest analyst calls: Meta, Amazon, Costco, Uber, Sunrun, Alphabet, Exxon & more
Here are the biggest calls on Wall Street on Source link
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Deutsche Bank says this cloud software software stock is poised for big gains ahead
The firm upgraded Five9, which provides cloud software services to customer contact centers, to buy from hold. Source link
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Swiss National Bank holds rates unchanged, ending hike streak
The Swiss National Bank kept interest rates unchanged at its quarterly monetary policy meeting on Thursday. Source link
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Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
Chinese electric car brand Nio released an Android smartphone on Thursday. CEO William Li spoke with CNBC in an exclusive
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China’s macro backdrop has investors worried. Here are some stocks that could be safe from any weakness
A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second largest economy, some
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on July 26. Source
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