Foot Locker shares tumbled after the company posted an unexpected third-quarter loss and cut its full-year outlook before the market opened Wednesday.
China Tech Stocks Left Behind in Traders’ Hunt for AI Winners
(Bloomberg) -- China’s major technology stocks have been left behind in this year’s global frenzy over artificial intelligence, and a lack of demand for actual AI usage coupled with geopolitical pressures make it unlikely they can cash in anytime soon.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bi
Baesman Partners With Listrak to Enhance Email and SMS Marketing Services for Its Clients
The collaboration combines Baesman’s marketing prowess with Listrak’s cutting-edge technology, aiming to simplify and amplify personalized customer engagement strategies.
Meta Interviews Marketing Leaders for New ‘Performance Talks’ Hub
The video series includes pointers on Meta’s automated Advantage+ ads, Reels, audience growth tactics and more.
Poland to Hold Rates Unchanged as Inflation Dip Seen Temporary
(Bloomberg) -- Poland extended its pause on interest rates to more than a year as policymakers look past a recent decline in inflation and weakening economic growth for a clear outlook to emerge.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe Monetary Policy Council kept its benchmark at 5.75% on Wednesday, in line with the forecasts of all 31 economists surveyed by Bloomberg. While headline i
South Korea's martial law crisis is worsening the 'Korea discount' in stocks
Expect volatility and negative price action across South Korean assets and related markets, says one analyst.
Stocks and bonds haven’t moved together like this in three decades – and that’s putting portfolios at risk, says State Street
A so-called balanced portfolio is anything but given the correlation of stock and bond returns as well as concentration in stocks.