US equity markets fell after a robust August jobs report increased expectations that the Federal Reserve will raise interest rates. This strong jobs data gives the Fed more flexibility to tighten monetary policy to combat inflation. The upcoming September 11 CPI report is crucial for the Fed's rate decision and could lead to market volatility. Despite fears of rate hikes, historically the S&P 500 often rises during tightening cycles, driven more by corporate earnings than by interest rate changes. Emerging markets have remained resilient amid rising bond yields in developed markets, reflecting stronger monetary systems.
Sempra celebrated its growth by ringing the opening bell at the NYSE, highlighting its $65 billion capital plan focused on expanding and modernizing energy infrastructure in major U.S. markets, especially California and Texas. The company aims to gen...
Filament Health has shipped its patented psilocybin drug candidate PEX010 to Austin Health in Melbourne for the PSI-PHY trial, the first study to combine psilocybin-assisted physiotherapy for refractory motor functional neurological disorder (FND). S...
Affirm reported strong double-digit growth in gross merchandise volume and active users in Q4, fueled by increased adoption of its Buy Now Pay Later (BNPL) services and rapid uptake of the Affirm Card, which now accounts for 20% of total GMV. Despite...
The JPMorgan Equity Premium Income ETF (JEPI) delivers attractive monthly income by selling call options, which caps its upside potential. In contrast, three Dividend Kings—Coca-Cola, Johnson & Johnson, and Procter & Gamble—offer lower initial yields...
Rene Haas, CEO of chip designer Arm Holdings, predicts that AI will eventually find a cure for cancer within our lifetime by solving complex DNA modeling problems. He highlighted that current AI and human capabilities are insufficient but expect adva...
