EUR/USD Slips To 1.1600 As Firm U.S. Data Dampens Fed Easing Hopes
EUR/USD weakens as solid US jobless claims and factory inflation lift Treasury yields.
AI Trade Lost Its Mojo
The AI trade is dead in the water. Yet the S&P keeps flirting with all-time highs. The reason should concern you.
Broadcom Inc. Stock: Rises As $4.5B Debt Issue And Wi-Fi 8 Push Reinforce AI Strategy
The market appeared to view the financing as strategic rather than defensive, given Broadcom’s strong cash generation and profitability profile.
