Pepperstone Research Strategist Dilin Wu describes the bond market as "ahead of the Fed," arguing that rising yields on treasuries is a structural issue in the economy. She also warns that Fed Chairman Kevin Warsh is left with only bad options to address the rising cost of servicing US bonds.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Alibaba shares plunged 10% after the tech giant priced a $10. 2 billion share placement to fund its growing AI investments.
In recent years, Macs had been getting more and more affordable. Cheaper starting points, more memory and storage per dollar, and the introduction of MacBook Neo. For the first time, Apple had started to become one of the best values on the market.