Alexander Morris, CEO and Chief Investment Officer of F/M Investments, said that broad market stocks experienced slight declines during the day.
He attributed the movements mainly to profit-taking and some concerns over global politics, but noted that the changes were not significant. Morris added that the VIX index remains low and equities generally continue to show an upward tendency.
Focus on Fed’s Next Moves
Morris also stated that the US Federal Reserve is expected to implement two more rate cuts this year. He emphasised that Fed Chair Jay Powell is aiming to achieve a “perfect landing” to maintain market credibility. Morris noted that Powell’s primary objective is to keep inflation under control while restoring confidence in the Fed.
Canada has signed a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia, marking Ottawa’s first-ever bilateral trade deal with an ASE...
Brazilian President Luiz Inacio Lula da Silva on Wednesday called on countries to remain committed to the Paris Agreement and to strengthen global eff...
Chinese President Xi Jinping on Wednesday told the UN climate leaders’ summit that China aims to reduce its greenhouse gas emissions by 7%-10% below...
Turkish President Recep Tayyip Erdoğan arrived in Washington on Wednesday ahead of a meeting with U.S. President Donald Trump....
Canada has signed a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia, marking Ottawa’s first-ever bilateral trade deal with an ASEAN member.
Brazilian President Luiz Inacio Lula da Silva on Wednesday called on countries to remain committed to the Paris Agreement and to strengthen global efforts against climate change during his address at the UN Climate Summit.
Chinese President Xi Jinping on Wednesday told the UN climate leaders’ summit that China aims to reduce its greenhouse gas emissions by 7%-10% below peak levels by 2035. He also criticised some countries for acting against the global clean energy transition.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Since the end of 2024, the price of cocoa has fallen below $7,000 per tonne, as expectations of increased supply and weakening demand triggered a sharp market decline.
The relationship between OpenAI and NVIDIA represents one of the most consequential partnerships in the artificial intelligence (AI) industry, a symbiotic alliance that has evolved from humble beginnings to a £73 billion strategic collaboration that could reshape the future of computing.
Alibaba (9988.HK) announced on Wednesday a wide-ranging push into artificial intelligence (AI), unveiling a partnership with Nvidia, a global data centre expansion plan, and new AI products, as it seeks to make artificial intelligence a core business priority alongside its e-commerce operations.
Semiconductor shares from Asia to Europe rose sharply on Tuesday after Nvidia unveiled a $100 billion partnership with OpenAI to build massive Artificial Intelligence (AI) systems requiring millions of processors.
Chipmaker Nvidia will invest up to $100 billion in ChatGPT owner OpenAI and provide it with data centre chips, the companies announced Monday, forming a major partnership in the global artificial intelligence race.
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