Thursday, April 25, 2024

Thursday Evening Links

[Yahoo/Bloomberg] Big Tech Surges in Late Hours on Blowout Earnings: Markets Wrap 

[Yahoo/Bloomberg] US Bond Market Sells Off as Sticky Prices Weigh on Fed Rate Path

[Reuters] Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

[AP] Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed

[CNN] Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare

[NYT] Wall Street’s Patience for a Costly A.I. Arms Race Is Waning

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap

[Yahoo/Bloomberg] US Yields Soar as Traders See Fed Delaying First Cut to December

[Reuters] Tepid economic data weighs on equities; yen sinks to fresh lows 

[Yahoo/Bloomberg] Wheat Almost Erases Year-to-Date Losses With Focus on Weather

[Yahoo/Bloomberg] High Commodity Costs Hurt Rate Cut Prospects, World Bank Says

[Yahoo/Bloomberg] US Pending Home Sales Jump in March to Hit Highest in Year

[Yahoo/Bloomberg] US Demand Is Still Resilient, Even If GDP Doesn’t Show It

[Reuters] Nothing off the table in US response to China overcapacity, Yellen says

[Yahoo/Bloomberg] Private Credit’s Answer to Liquidity Problem Finally Takes Shape

[Reuters] Columbia University inspires national protest wave, swift response by authorities

[Bloomberg] Israel Prepares Forces as Conflict With Hezbollah Intensifies

[WSJ] The Dream of Fed Rate Cuts Is Slipping Away