(Bloomberg) — A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus.Most Read from BloombergFigures released Saturday showed Chinese factory output, consumption and investment all slowed more than forecast for August, and the jobless rate unexpectedly rose to a six-month high. Home prices declined from the previous month.“The fear is that the authorities are losing control of the economy and they won’t admit it,” said Gary Dugan, chief executive officer of the Global CIO Office. “The market looks set to go to significantly lower levels in…
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Join Our Telegram channel to stay up to date on breaking news coverage Market commentators predict a positive outlook, anticipating a major Bitcoin bull run soon. Referring to Bitcoin’s recent price movements and historical trends, they pointed out the cryptocurrency’s pattern of rising in the fourth quarter following its halving year. October has traditionally been a strong month for Bitcoin, showing positive returns nine out of the last eleven years. Moreover, experts emphasized that Bitcoin posted gains every fourth-quarter month during the previous two halving years. Additionally, they have spotted bullish signals in altcoins like Pepe (PEPE), Arbitrum (ARB), and…
A render of the Google Pixel 9 in Wintergreen against a white background.Stylish performanceGoogle Pixel 9The Google Pixel 9 takes everything about its predecessor and polishes it to a sheen. While this comes with a noticeable price bump and AI features that can’t be removed, the phone overall shows Google at its best.ProsFantastic camera is better than you thinkSeven years of Android upgradesPhone looks and feels great in the handConsPoor wired and wireless charging speedsMany AI tools are not up to scratch$200 more than the Pixel 7Google Pixel 7 on white backgroundBasic but excellentGoogle Pixel 7The Google Pixel 7 launched…
Midcap stocks could outperform both small cap and large-cap stocks after the Fed cuts interest rates. – CHARLY TRIBALLEAU/AFP via Getty ImagesAn often-overlooked corner of the stock market is poised for big gains after the Federal Reserve cuts interest rates, according to a team of stock-market strategists at Goldman Sachs.The Goldman team expects mid-cap stocks will beat both large- and small-cap stocks after the Fed cuts interest rates. Senior Fed officials have suggested that the central bank will start lowering rates next week.Most Read from MarketWatch“Mid-cap stocks have typically outperformed both large-caps and small-caps during the 12 months following the…
b1Bank opens Bluebonnet branchb1Bank has opened a branch in the Bluebonnet Centre office building. The branch at 9100 Bluebonnet Centre, which features an interactive teller machine, is open from 9 a.m. to 4 p.m. Monday through Friday. The interactive teller is open from 7 a.m. to 6 p.m. Monday through Friday. This is the ninth location in metro Baton Rouge for b1Bank. LED accepting applications for Diversity in Entrepreneurship InitiativeApplications are open for the 2024 Diversity in Entrepreneurship Initiative, a Louisiana Economic Development program designed to accelerate growth in second-stage minority- and female-owned businesses. Second-stage Louisiana businesses, with five to 99 employees…
We recently compiled a list of the 10 Largest Biotech Hedge Funds and Their Top Stock Picks. In this article, we are going to take a look at where Revolution Medicines, Inc. (NASDAQ:RVMD) stands against the other biotech stocks.The ability to successfully make money through investment requires deep thinking and analysis. Even then, it’s not a sure shot, and oftentimes, investors end up losing money regardless of how sound their decisions might have appeared on the surface. This is why most business schools teach portfolio diversification, to ensure that an investor’s risk is managed by allocating money across different stock categories.One…
ROWAN COUNTY, N.C. (QUEEN CITY NEWS) — Investigators with the Rowan County Sheriff’s Office are investigating a double homicide that occurred Saturday morning.Around 8:42 a.m., deputies received a report of a homicide at 1212 Old Oak Lane in Woodleaf.A woman, Amanda Burr, called 911 and stated that a friend, Jonathan Davon Freeman, had sent her a photo of her husband, Brandon Burr, dead in her home. It was also reported that Freeman’s wife, Teri Freeman, was also dead.Queen City News is tracking CRIME in your area 🚨 >> Latest stories hereOfficers arrived to find Jonathan still on the scene and…
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WASHINGTON — The verbal jabs and viral exchanges between Vice President Kamala Harris and former President Donald Trump dominated most of the 90 minutes of their first presidential debate, but the faceoff also featured some details about the policies each would pursue if elected.Presidential debates are historically light on policy specifics and heavy on attack lines, and Tuesday’s meeting was no exception. Both candidates used their two-minute response windows to pivot from the questions moderators asked to attack their opponent, said political analysts interviewed by Newsday.There were “missed opportunities” for the candidates to address each other on policy differences, said Meena…
Crypto options market shows a sudden revival of interest in Ether. Over 20,000 contracts were bought targeting the $3,000 level by December 27,2024. Ether hovers around $2,400 on Saturday, down nearly 1% on the day. Ethereum has traded in a range between $2,000 and $4,000 level throughout 2024. The second largest altcoin is yet to observe gains in response to institutional demand from the Spot Ethereum ETF. The key market mover for the altcoin is currently options market activity of traders. Ethereum options traders are bullish on a rally Ethereum options traders likely anticipate a rally to the $3,000 level,…