Risk Appetite Returns as Market Focus Shifts Back to AI Bulls and Potential Year-End Rally.
Markets
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InvestingTech
Wall Street’s $1 Trillion AI Bet: Why These 3 Tech Giants Can Defy the Bubble
by Dean Dougnby Dean DougnAmazon, Alphabet, and AMD—The Cloud and Chip Titans—Are Justifying Sky-High Valuations With Hard, AI-Driven Numbers.
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Will you tear it up—or cash it in before the train leaves the station?
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Measure funds the government through January, ensures back pay for federal workers, and sets up a December vote on Obamacare …
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World Markets
Wall Street’s Pullback Seen as a ‘Speed Bump,’ Not a Breakdown — Investors Stay Bullish Despite Tech Selloff
by Dean Dougnby Dean DougnThe S&P 500 slips 2.4% amid valuation worries, but strategists say strong fundamentals and Fed easing still support the rally.
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Finance
Visa and Mastercard Near Landmark $30 Billion Settlement with Merchants
by Daphne Dougnby Daphne DougnPayment Giants to Slash Interchange Fees by 0.1% and Easing “Honor All Cards” Rules, Aiming to Resolve Two Decades of …
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Finance
KKR Beats Profit Forecast on Credit Boom and Fundraising Surge — But One-Off Asia Charge Caps Gains
by Daphne Dougnby Daphne DougnThe $723 billion investment giant posts stronger earnings as credit inflows and insurance profits offset private equity headwinds.
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BUSINESS
Pfizer Wins $10 Billion Battle for Metsera, Beating Novo Nordisk in High-Stakes Obesity Drug War
The victory gives Pfizer a long-awaited foothold in the booming weight-loss drug market as Novo retreats amid U.S. antitrust fears.
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MARKETSWorld Markets
The ‘Trump Dump’ Is Dead: Global Investors Shift to ‘Hedge America’ Strategy
by Dean Dougnby Dean DougnPolitical Uncertainty and AI Concentration Spark Mass Exodus: Non-US Stocks Outperform S&P 500 by Over 8% YTD.
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Today’s plunge, driven by panic and low liquidity rather than a systemic economic failure, is deceptively framed as a catastrophic …