Month: December 2024
Amazon rolls out Buy with AWS button to let software vendors more easily sell to its cloud customers
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images In 2022, Amazon introduced the Buy with Prime button, allowing premium subscribers to make purchases using their Amazon account even when shopping on other websites. Now the […]
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Stock futures are little changed after S&P 500, Nasdaq notch new closing highs: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were relatively unchanged on Wednesday night following a record day for stocks. Futures tied to the Dow Jones Industrial Average fell 18 points, or […]
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South Korea’s Yoon names new defense minister after botched martial law
Defense Minister Kim Yong-hyun resigns. Anadolu | Anadolu | Getty Images South Korean President Yoon Suk Yeol has accepted the resignation of Defense Minister Kim Yong-hyun and nominated his ambassador to Saudi Arabia, Choi Byung-hyuk, as new defense minister, Yonhap news reported on Thursday. Yoon’s office confirmed the nomination of Choi, a former army general, for the office. Yoon’s chief […]
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Asia-Pacific markets set to open mixed after key Wall Street benchmarks hit record highs
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
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‘It is key to remain invested,’ Julius Baer portfolio manager says. Here’s how she’s investing
The persistent uncertainty in financial markets has raised questions on portfolio construction and how to invest across asset classes as 2025 nears. One long-term investor is now playing the market by staying invested and being well-diversified. “We believe it is key to remain invested and view any potential corrections as technical and temporary opportunities to […]
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Is it time to short the dollar? UBS and others think so
The U.S. dollar has surged since September, but some financial institutions are suggesting investors should bet against further strength in the greenback. Investment bank UBS has taken a contrarian stance, warning investors not to chase the dollar’s recent gains. “We caution against chasing USD strength; instead, we suggest selling dollar upside potential for yield pickup,” […]
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Food prices are at their highest levels in over a year. And these items will get even more expensive
Athvisions | E+ | Getty Images Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers. In October, world food commodity prices were at their highest since April 2023, according to the most recent data compiled by the United Nations’ Food and Agriculture Organization. […]
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Google CEO Sundar Pichai says he’d love to do side-by-side comparison with Microsoft’s AI models
Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17. Justin Sullivan | Getty Images News | Getty Images Alphabet CEO Sundar Pichai is challenging […]
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Far from a bazooka, China’s stimulus measures are just trickling through the economy
Key Points China’s latest efforts to kickstart growth are just trickling through the economy, data and company earnings show. “While it will take some time for the positive effect to fully materialize and to further [expand] to more consumption categories, we are confident that these policies will gradually provide more support for the real economy,” […]
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Jeff Bezos says he’s optimistic about Trump, will help with reducing regulation
Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump Wednesday […]
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