Sept 19 Reuters Canada39;s main stock index climbed to a record high on Thursday, boosted by technology stocks, as investors cheered an outsized interestrate cut by the U.S. Federal Reserve. The Toronto Stock Exchange39;s SPTSX composite index was up 210.38 points, or 0.89, at 23,802.98. Investors world over reacted positively to the U.S. central bank39;s 50basispoint rate cut […]

“A lot of that we think is tied to the preservation of the inflation reduction act and support of many of the Biden-era stimulus policies,” Mish tells Bloomberg News’ James Crombie and Bloomberg Intelligence senior credit analyst Julie Hung in the latest Credit Edge podcast.

Speaking with Anurag Rana, Bloomberg Intelligence’s senior technology analyst, in this Tech Disruptors podcast episode, Lamanna highlights the fundamental construction of copilots, the different models they use, how customers can fine-tune them further in Copilot Studio and how this progresses the company to the vision of a fully autonomous CRM software. The two also discuss […]

In this episode of the Tech Disruptors podcast, Sahir Azam, chief product officer at MongoDB, joins Sunil Rajgopal, senior software analyst at Bloomberg Intelligence, to discuss the data-technology landscape, AI-driven refactoring and rewriting of legacy applications and broadening deployment of vector search across the corporate technology stack. The two also talk about MongoDB’s product evolution; […]

Ken Adamo, vice president of strategy and business development and chief of analytics at DAT Freight & Analytics, joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to share his insights about the state of the trucking market and what might be around the bend for the industry.

SINGAPORE, Sept 19 Reuters The U.S. dollar rose broadly on Thursday, reversing a brief tumble in the immediate aftermath of the Federal Reserve39;s outsized interest rate cut that had been largely priced in by markets. The U.S. central bank on Wednesday kicked off its monetary easing cycle with a largerthanusual halfpercentagepoint reduction that Chair Jerome Powell said […]

Sept 19 Reuters Sterling rose against a weakening dollar after the Federal Reserve cut interest rates by 50 basis points, with investors awaiting the outcome of the Bank of England policy meeting on Thursday expected to keep borrowing costs on hold. The pound briefly hit 1.3297, its highest level since March 2022, right after the Fed announcement […]

UK39;s Ocado soars after retail JV39;s outlook upgrade Next hits record high on raising FY2425 profit forecast STOXX 600 up 0.7 Sept 19 Reuters European stocks jumped on Thursday after the U.S. Federal Reserve delivered a 50basispoint rate cut and flagged that further easing would be measured, raising hopes of a soft landing for the […]

Bullion rose to record high of 2,599.92 on Wednesday U.S. jobless claims data due at 1230 GMT Sept 19 Reuters Gold prices climbed on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a supersized interest rate cut. Spot gold rose 0.8 to 2,578.40 per ounce, as of […]

FTSE 100 up 0.9 BoE decision due at 1100 GMT Next jumps after hiking forecast Sept 19 Reuters UK shares rose on Thursday, tracking gains in global equities after the Federal Reserve initiated a 50basispoint rate cut, while investors looked ahead to a Bank of England BoE policy decision later in the day. London market […]