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World Street | Powell dispels rate hike fears; CEO shuffle at AWS; Ilya Sutskever exits OpenAI; Meme stock rally returns, and more

From the US disinflation drag, AWS CEO stepping down to OpenAI co-founder Ilya Sutskever s exit, and renewed rally in meme stocks, here s a look at recent business developments around the world.

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Bitcoin-Proxy MicroStrategy Added to Key MSCI World Stock Index

(Bloomberg) MicroStrategy Inc., a company best-known for accumulating a roughly $13 billion hoard of Bitcoin, will be included in a key global equity index following a rally in the firm’s shares that outpaced the digital asset.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketUS Inflation Ebbs for First Time in Six Months in Relief for FedS&P 500 Tops 5,300 in Record-Breaking Stock Rally

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