Conversation later this hour. Katie welcome to bloomberg markets. Looking at stock markets on this morning, you can see is pretty quiet. The s p 500 is unchanged, big tech is trying to stay green and the nasdaq is currently up about 0. 3 . We did have ppi coming in hot but a downside surprise relative to expectations. Thats giving a little bit of relief to the bond market. The 10 year yield is higher but only to the tune of about two basis points. Thats relatively quiet relative to what weve seen earlier this week. All eyes are on ai and and amazons annual letter. They say the Cloud Infrastructure will become an essential part of the ai move. They are optimistic that much of the world changing ai will be built on top of aws. We have more details. It makes sense that they would want that to happen. One of the things Everybody Needs to remember, amazon has a commanding lead in Cloud Infrastructure. The thing they dont have now is a very close relationship with openai. Chatgpt is the buzz
The 10 year yield going in the other direction. A little bit of a lift in yields. 457 on the day. We will keep our eyes on that. There was a bit of a messy auction people had looked forward to. A lot of dynamics going on under the bond market. Midday movers. We will look at shares of rent the runway. It reported fourthquarter revenue and topped average analyst estimates. The for your outlook was mixed relative to wall streets expectations. Shares slid 90 in the past year through wednesdays close. We are looking at a stunning gain in that stock. Alphabet shares are climbing as investors are becoming more optimistic about its ai strategy. The companys market cap inching closer to the 2 trillion mark. Nvidia, microsoft, and apple are the only other companies that hit that milestone. Back to the economy. That is driving the story. The Producer Price index increased by the most in 11 months in march. Still below wall street estimates. We will discuss how it impacts the feds Interest Rate pa
/CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company"), reported its financial results for the three months and year ended December 31, 2023. All amounts are.
/CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company") reported its financial results for the three months ended June 30, 2023. Q2 2023 Highlights and Recent.