By Martin BaccardaxBonds got a reprieve on Thursday from softer-than-expected jobs numbers that snuffed out a nascent selloff and trimmed Federal Reserve rate forecasts for the summer.The noisy June payroll report — 57,000 new hires, less than half of Wall Street's forecast, and 74,000 jobs pared o…
Withdrawal requests for Blue Owl Capital's biggest private credit fund slowed in the latest quarter, soothing some jitters around the health of the private credit industry. Investors in the fund asked the firm to return 19% of shares outstanding in the fund in the second quarter, down from 22% in t…
By Vishesh KumarThe rising tide of artificial intelligence was once lifting all boats in the tech trade. But three years into the boom, the waters are getting choppier. Investors are taking a show-me attitude. For financial advisors, limiting clients' downside risk and being mindful of volatility i…
(14:55 GMT) BrightSpring Health Svcs Price Target Raised to $77.00/Share From $66.00 by B of A Securities
By Adam ClarkOpenAI already has a lineup of impressive investors ahead of its eagerly awaited initial public offering. But the ChatGPT-developer would reportedly like to add one more name: the U.S. government.OpenAI has talked about offering a 5% ownership stake to the U.S. government, potentially…
The withering heat hitting U.S. crop-growing areas is expected to subside within the next 36-48 hours, says Gary Sandlund of Futures International in a note. "The U.S. weather and oppressive heat will be gone...returning to normal and even slightly below normal temps thru July 15th now which is nea…
Daily London rubber prices in European cents a kilogram from the Rubber Trade Association of Europe. Month Offer TSR 20 Aug 26 203.75 Feb 27 209.00 Write to Barcelona editors at barcelonaeditors@dowjones.com
Emerging-market bonds look attractive as they are likely to benefit from global economic growth, UBS Global Wealth Management strategists say in a note. Emerging-market economies also have a wealth of commodities which should support performance, the strategists say. Emerging-market bonds offer div…
By Justin LahartThere isn't too much mystery about why the unemployment rate moved lower in June despite a weak jobs report-it was all about a big drop in the number of people in the labor force. But there is a mystery about why the labor force drop was so large.The main jobs number-the one that sh…
(14:51 GMT) argenx Price Target Raised to $1088.00/Share From $1016.00 by B of A Securities
By Joe StonorGermany's DAX index is on track to close at its first record high since January due to a fresh government reform package, supportive U.S. jobs data and positive company-specific news.The DAX was up 2.3% in afternoon European trade at 25609.15 points, on pace to beat its Jan. 13 record…
Mexican peso stability after the U.S. declined to renew the USMCA, sending the trade pact into a process of annual reviews, shows the decision was widely expected, HSBC Mexico's chief economist José Carlos Sánchez says in a note. The timeliness and clarity of the U.S. statement are ultimately posit…
PRINCETON, N.J. & ESPOO, Finland--(BUSINESS WIRE)--July 02, 2026--IQM Quantum Computers NASDAQ:IQMX ("IQM", "IQM Quantum Computers" or the "Company"), a global leader in full-stack superconducting quantum computers, today became a publicly traded company following the completion of its business com…
Radnostix Acquires Lucerno Dynamics Assets Expanding Radiopharma Medical Device Portfolio
(14:47 GMT) Cheesecake Factory Price Target Raised to $79.00/Share From $66.00 by B of A Securities
By Paul VieiraOTTAWA--Canada's manufacturing sector maintained growth in June, with factory owners increasing their payrolls due to rising production and new orders.The Canada-specific data released Thursday from S&P Global also carried warnings about inflation.The S&P Global Canada manufacturing p…
(14:46 GMT) FactSet Research Price Target Raised to $210.00/Share From $205.00 by B of A Securities
By Amrith Ramkumar, Heather Somerville and Chiqui EstebanAnthropic overcame its latest spat with the Trump administration Tuesday, but new court documents released in one of its lawsuits against the Pentagon shed light on the underlying tensions between the government and one of America's hottest A…
By Hannah Erin Lang"June payrolls point to a labor market settling into a lower gear, not one rolling over...The odds that the Fed instead finds room to cut are being underappreciated. Nothing in this report argues for higher rates."-Jason Pride, chief of investment strategy and research at Glenmed…
(14:45 GMT) Elevance Health Price Target Raised to $482.00/Share From $424.00 by Bernstein
