Jim Cramer said Big Tech cannot afford to be cautious on AI spending, arguing that computing…
Anil Kumar
Founder of Angel Rupeez News. Covers global financial markets, economic developments, and corporate news. Focused on simplifying financial updates for digital readers.
Dow Surges 612 Points as US-Iran Deal Hopes and AI Rally Lift Wall Street
Wall Street rallied on Wednesday, with the Dow rising 612 points and the S&P 500 closing…
Kyle Reidhead Says AI Is Rewiring Cloud Demand and Setting Up a New Tech Race
Kyle Reidhead said AI is reshaping internet infrastructure, lifting cloud demand at Alphabet, Microsoft and Amazon…
Chicago Fed’s Goolsbee Warns Against Cutting Rates on Faster Productivity Gains Alone
Chicago Fed President Austan Goolsbee cautioned against lowering interest rates too quickly in response to stronger…
Correction Risk Builds as Recent Market Rally Faces Three Growing Stress Tests
The market’s recent rally has raised concerns that a correction may be forming as three major…
AI Capex Boom Pushes Global Markets to Fresh Highs as Infrastructure Spending Tops $700 Billion
Global equities are reaching fresh highs as an AI-driven capital expenditure boom continues to reshape market…
Trimmed Mean PCE Emerges as a Test of How the Fed Measures Inflation
Kevin Warsh is weighing whether the Dallas Fed’s Trimmed Mean PCE should become the Federal Reserve’s…
Markets Extend Powerful 1999-Style Rally as Overbought Conditions Build Across Assets
Global markets are sustaining an unusually powerful rally, with sentiment remaining positive even as overbought conditions…
Wells Fargo Says Market Tailwinds Have Played Out as First Stock Sell Signal Since 2021 Appears
Wells Fargo strategists say some of the factors that lifted stocks have played out, issuing their…
Warsh Says Curtailing Fed Transcript Release Could Strengthen Monetary Policy Debate
Kevin Warsh said the Federal Reserve’s release of meeting transcripts can weaken the internal debate needed…