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Wall Street Traders Reel as Great Interest-Rate Shock Escalates

(Bloomberg) All of a sudden, the biggest interest-rate shock in decades is rousing traders from their slumber once again with soft echoes of 2022’s everything-selloff. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at Mus

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BlackRock Joins AI Mania, Calling It a Potential 'Mega Force'

(Bloomberg) BlackRock Inc. is betting on the AI boom as it latches onto the promise of productivity gains from artificial intelligence.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceThe world’s largest asset manager has

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Defiant Stock Bulls Are Acting Like the Earnings Recession Is a Hoax

(Bloomberg) Another week, another 600 points in the Nasdaq 100. How does this keep happening? It may be that despite the Federal Reserve’s best efforts to drain the economy of vigor, nothing terrible has actually happened to the corporate earnings engine.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementAlphabet Selling Google Domains Assets to SquarespaceCrispin Odey’s One-Week Downfal

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Stocks rise on bets Fed is ready to take a break: Markets wrap

Stocks rise on bets Fed is ready to take a break: Markets wrap
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