Asia Set for Cautious Open as US Hits Fresh Record: Markets Wrap
Asian stocks struggled for solid footing amid a lack of local drivers after the S&P 500 crept to another record ahead of results from giant chipmaker Nvidia Corp.
Asian stocks struggled for solid footing amid a lack of local drivers after the S&P 500 crept to another record ahead of results from giant chipmaker Nvidia Corp.
The dollar may remain stronger for longer if the Federal Reserve keeps interest rates steady, while other nations opt for a reduction in borrowing costs, according to Goldman Sachs Group Inc.
Snowflake Inc.’s talks to acquire startup Reka AI for more than $1 billion have broken down, dashing an effort by the software company to bring more generative AI muscle in-house.
Crypto markets are increasingly optimistic about regulatory approval for US exchange-traded funds investing directly in Ether amid a flurry of activity at potential issuers, exchanges and the securities regulator.
NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related industry, is seeking as much as $100 million in private debt, according to a person familiar with the matter.
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