Fed balm soothes trade war jabs

Fed balm soothes trade war jabs

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Edgier world markets appeared to bat away the latest testy exchanges in the re-heated U.S.-China trade war, helped by dovish soundings from the Federal Reserve boss that included signals about an imminent end to its balance sheet…

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Why are stocks so up and down lately?

Why are stocks so up and down lately?

New York  —  After months of steadily climbing higher, stocks are bouncing around as investors process renewed US-China trade tensions. Stocks were mixed on Tuesday in volatile trading: The Dow gained 203 points, or 0.44%, after falling as much as 615 points earlier. The S&P 500 fell 0.16%. The tech-heavy Nasdaq closed 0.72% lower after…

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Zoho founder Sridhar Vembu warns: This boom makes me very uncomfortable, as current investment in AI is ...

Zoho founder Sridhar Vembu warns: This boom makes me very uncomfortable, as current investment in AI is …

Zoho founder Sridhar Vembu is the next to join the ongoing ‘AI bubble’ debate. Vembu has issued a cautionary warning on the present surge in artificial intelligence investments. He described the market as a ‘financial bubble’ that could distort long-term innovation. In an interview with CNBC-TV18, Vembu said that while AI holds enormous promise, the…

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