Market Extra Selling Ai and Buying Hong Kong Stocks Is the Big Contrarian Bet Right Now Says Bank of America
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UK sends Canary Wharf landlord first cladding bill under new powers
Housing department seeks to force Yianis Group to pay £20.5mn towards building safety worksFinancial Times - Business - United Kingdom -
Councils now sell off more houses than they build. Thatcher’s legacy, right to buy, is a failure
The right still reveres her flagship policy, but the repercussions are more homelessness, spiralling rents and bankrupt councils. Of all the policies imposed on Britain by Conservative governments, few have reshaped the country’s fortunes as ...The Guardian - World -
It’s time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
Citigroup analysts are greenlighting the next round of AI stock buying, but say look beyond U.S. shores.MarketWatch - Business -
Alibaba abandoned plans to list its logistics arm, dealing a blow to Hong Kong's beleaguered IPO market.
Alibaba abandoned plans to list its logistics arm, dealing a blow to Hong Kong’s beleaguered IPO market.The Wall Street Journal - World -
New national security law 'slams shut' space for dissent in Hong Kong, critics say
Hong Kong enacted a measure that critics charge will further stifle free expression in a city that until recently was known for its freewheeling style, aggressive media and politically active populace.NBC News - Top stories -
Hong Kong leader says prisoners jailed for national security crimes unlikely to get early release
Hong Kong leader John Lee says prisoners convicted for serious national security crimes will not likely be granted early release under the tightened rules of a new national security lawABC News - World -
Is a Nintendo Switch Worth Buying Right Now? (2024)
Rumors abound about the Switch’s successor, but that shouldn’t deter you from jumping into the wonderful library of exclusive games on Nintendo’s platform.Wired - Tech -
Bank of America downgraded after hot stock run, while U.S. Bancorp and PNC get boost
New analysis from HSBC says that Bank of America’s stock is reaching its target price — but there are still buying opportunities in other banking sectors.MarketWatch - Business -
Investors bet a Modi election win will extend India’s stock market boom
Some analysts are increasingly concerned about lofty valuations and shallow marketsFinancial Times - World -
AI-powered fraudsters are overwhelming bank defenses, Treasury report says
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury ...MarketWatch - Business -
Are Hong Kong's days as a global business hub over?
A tough new security law comes at a time when businesses were already wary of the city.BBC News - Top stories -
Beijing Responds on Hong Kong: 'Don't Be a Worrywart'
The foreign ministry blames Western media for deteriorating perceptions of the territory.The Wall Street Journal - World - Hong Kong -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Is AI’s next big leap understanding emotion? $50M for Hume says yes
Hume AI's EVI may have just set a new standard in mind-blowing human-like interactivity, intonation, and speaking qualities..VentureBeat - Tech -
Hong Kong’s Article 23 national security law explained in 30 seconds
The law, which covers treason, insurrection, theft of state secrets and espionage, sabotage, and external interference, follows a crackdown on dissent. On 19 March 2024, the Hong Kong government passed the Safeguarding National Security law, also ...The Guardian - World -
Don’t Look Away From What’s Happening in Hong Kong
As Beijing cracks down, Hong Kongers are purging evidence of their lost liberties.The New York Times - Top stories - Hong Kong -
Alibaba Scraps Logistics Listing as Hong Kong IPO Woes Worsen
The Chinese internet company has abandoned plans to list Cainiao, dealing a blow to Hong Kong’s beleaguered initial public offering market.The Wall Street Journal - World - Hong Kong -
Cramer: The 3 things I want to see in a stock before buying in this bull market
When I dug into our portfolio, I was surprised at how few of the stocks I would buy right now after their phenomenal runs.CNBC - Business -
The surge in U.S. home prices has drawn small investors into the market, where they are buying houses with the intention of selling them quickly for a profit.
The surge in U.S. home prices has drawn small investors into the market, where they are buying houses with the intention of selling them quickly for a profit.The Wall Street Journal - World -
Reddit IPO is telling stock investors what they should know about the market now
A growing ‘wall of worry’ that U.S. stocks are entering a period of irrational exuberance.MarketWatch - Business -
Lottery culture is overtaking America, but for most, it’s a losing bet
Large jackpots have become conversation pieces, fueling a lottery culture that permeates the nation.The Hill - Politics -
VP Harris says US agencies must show their AI tools aren't harming people's safety or rights
U.S. federal agencies must show that their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White HouseABC News - Tech -
Buy energy stocks as Fed becomes less aggressive in fighting inflation, says Morgan Stanley
Morgan Stanley upgraded its view on energy stocks, arguing they have lagged the price of crude oil this year with compelling valuations.MarketWatch - Business - Federal Reserve -
Trump Returns to Stock Market With Truth Social Listing
The former president’s Truth Social will begin trading Tuesday on Nasdaq.The Wall Street Journal - World - Donald Trump -
Lies, ideology and repression: China seals Hong Kong’s failed-state fate | Simon Tisdall
The former British territory was a flawed success. Xi Jinping has ended that with the punitive and hastily passed article 23 . So farewell, Hong Kong. The vibrant, pulsating city-state that grew, under British rule, into one of the world’s great ...The Guardian - World - China -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Hong Kong official warns online criticism could breach new national security law
The Article 23 legislation includes penalties for five categories of crime including treason, insurrection, espionage, sabotage and external interference. Article 23: Hong Kong’s security law explained in 30 secondsHong Kong’s justice minister has ...The Guardian - World - Hong Kong -
Is the stock market open on Good Friday?
The Treasury market closes early on Thursday, March 28MarketWatch - Business -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
These 3 tax rules weren't a big deal last year—now they could cost you thousands, experts say
Don't let taxes rules around savings accounts, cryptocurrency and student loans catch you by surprise this year, experts say.CNBC - Business -
America Made a Huge Bet on Sports Gambling. The Backlash Is Here.
Less than six years after a Supreme Court ruling paved the way for widespread legal sports gambling in the U.S., sports leagues face an onslaught of scandals related to betting.The Wall Street Journal - World -
Traders bet US election will unsettle market calm
Vix and VStoxx indices show expectations of volatility around prospective Biden-Trump rematchFinancial Times - World -
'Godzilla x Kong: The New Empire' Review: Big Beasts Bash
The two giant creatures chase each other around the globe and eventually team up against a third monstrous tyrant in this nonsensical CGI spectacle.The Wall Street Journal - World -
Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
Bosses sell hundreds of millions of dollars in company shares this quarter in sign that markets may be peakingFinancial Times - Business -
Jamie Dimon sells $32 million in JPMorgan Chase stock as shares vest
JPMorgan Chase & Co. Chief Executive Jamie Dimon has sold another batch of stock about a month after he raised $150 million through an earlier insider transaction.MarketWatch - Business -
How the Realtors’ commission settlement affects people looking to buy and sell their homes
The U.S. housing market is undergoing a major disruption, as a century-old practice that determines how homeowners and home buyers pay their real-estate agents is about to change.MarketWatch - Business -
PlayStation Portal Restocked At Best Buy, Will Sell Out Quickly
. The PlayStation Portal is back in stock at Best Buy. The Remote Play device has been mostly out of stock at major retailers since its November launch. Predictably, scalpers have inflated the price on reseller marketplaces. In a sign of good ...GameSpot - Tech -
Are sports betting scandals proving cynics right?
Doomsayers warned that the proliferation of wagering options would invite inevitable scandal to sports.ESPN - Sports -
In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.The New York Times - Business - Federal Reserve -
Are Chinese Tech Stocks Value Plays Now?
Investors are excited about U.S. artificial intelligence, less so about cash-generating Chinese tech. That might—eventually—create some opportunities.The Wall Street Journal - World - China