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- Wall Street mixed as Moderna rallies and chips tumble
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Needham Starts NeoVolta (NEOV) at Buy
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
Will a China slowdown halt the European equity rally? BofA explains
February 28, 2025 3:00 PM ESTIn a note Friday, Bank of America analysts cautioned that a weakening Chinese economy could weigh on European equities, despite near-term resilience.
The global PMI looks set to fade in FebruaryChina is likely a support in the very near term, but is set to weigh in Q2, they noted.
The analysts expect Chinas GDP growth to slow sharply from 5.6% in Q1 to 1.2% in Q2... More
Why UBS sees US Treasuries gaining amid growth concerns and market volatility
February 26, 2025 8:00 PM ESTUBS analysts believe US Treasuries will continue to attract investor demand as economic uncertainty and stock market volatility persist.
The 10-year Treasury yield has dropped 50 basis points since mid-January, reaching 4.3% on Tuesday, its lowest level in over two months.
UBS said the rally in bonds reflects growing concerns over US economic growth, particularly in light of weaker consumer confidence, slowing retail sales, and cautious corporate... More
