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JPMorgan s Michele Sees 3% Across Yield Curve With Recession

Wall Street veteran Bob Michele anticipates a flattening of the yield curve to 3% for securities maturing in two through 30 years, a forecast representing a…

Meta s Digital Ad Rebound Fuels AI Investments, Stock Surge

Meta Platforms Inc.’s surprising digital advertising sales rebound is buying the company time to keep pouring money into speculative businesses like…

Darkening Gloom in Chinese Stocks Puzzles Wall Street Veterans

Confidence is in short supply among Chinese investors these days, confounding analysts who say reasons to own the market are finally coming true. • None Tesla…

Top Hedge Fund Says Violent Emerging-Market Selloff Is Coming

The hedge fund that beat 99% of peers last year with a bearish stance on emerging markets says the selloff since February has proven its skepticism right and…

Microsoft Sees AI Reshaping Search as Google Calms Investors

Alphabet Inc.’s Google and Microsoft Corp., whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their…

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