Speaker Johnson says China is straining U.S. relations with Nvidia chip ban
CNBC· 2025-09-17 12:29
U.S. House Speaker Mike Johnson (R-LA) speaks with reporters outside his office in the U.S. Capitol in Washington, D.C., U.S., Sept. 11, 2025.Republican House Speaker Mike Johnson called China an "adversary" of the U.S. on Wednesday after a report that the country has told tech companies to stop buying Nvidia's artificial intelligence chips.The Cyberspace Administration of China ordered companies to halt purchases of Nvidia's RTX Pro 6000D, a chip that was made for the country, the FT reported, citing peopl ...
Here’s Why ClearBridge Investments Growth Strategy Closed Out Charles River Laboratories International (CRL)
Yahoo Finance· 2025-09-17 12:27
ClearBridge Investments, an investment management company, released its “ClearBridge Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. US equities significantly rallied in the second quarter, with the S&P 500 returning 10.9%. As the risk-on sentiment took hold, the benchmark Russell Midcap Growth Index advanced a market-leading 18.2%. Growth stocks led across market caps, outperforming their value counterparts. In this environment, the strategy outperformed t ...
Workday gets Neutral rating at Piper Sandler after AI announcements
Seeking Alpha· 2025-09-17 12:27
Piper Sandler upgraded Workday's (NASDAQ:WDAY) shares to Neutral from Underweight following key announcements at the company's annual event, Workday Rising. Earlier on Wednesday, activist investor Elliott Investment Management said it has built a stake of more than $2 billion in the ...
Bank of America CEO Brian Moynihan Says He's 'Not Going Anywhere'
Yahoo Finance· 2025-09-17 12:27
Bank of America Chair and CEO Brian Moynihan talks about leadership changes at the bank. "I'm not going anywhere in the short term or medium term" he said on "Bloomberg Surveillance." The company named Dean Athanasia and Jim DeMare co-presidents, reporting to Moynihan directly, who has been in charge of the firm since 2010. ...
Cloudflare: Triple The Revenue, Still Too Expensive (NYSE:NET)
Seeking Alpha· 2025-09-17 12:27
Group 1 - The article emphasizes the importance of understanding macro trends and their influence on asset prices and investor behavior [1] - It highlights the author's extensive experience in asset management, focusing on equity analysis, macroeconomics, and risk-managed portfolio construction [1] - The goal of sharing insights is to make investing accessible and empowering for all investors [1] Group 2 - The article mentions that past performance is not indicative of future results, and no specific investment recommendations are provided [2] - It clarifies that the views expressed may not reflect those of Seeking Alpha as a whole, and the analysts may not be licensed or certified [2]
J&J's experimental psoriasis drug shows promise against Bristol's treatment
Reuters· 2025-09-17 12:27
Johnson & Johnson said on Wednesday its experimental psoriasis drug has shown superior skin clearance compared to Bristol Myers Squibb's Sotyktu in two late-stage head-to-head trials. ...
This FedEx Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday - FedEx (NYSE:FDX), Dayforce (NYSE:DAY)
Benzinga· 2025-09-17 12:26
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.Considering buying FDX stock? Here’s what analysts think: Read This Next: Photo via ShutterstockLoading...Loading... ...
Morning Minute: Polymarket Token Speculation Soars Along with $10B Valuation
Yahoo Finance· 2025-09-17 12:26
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today's top news: Crypto majors mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor Bank of America says 67% of fund managers hold 0 crypto Trump suing NY Times for $15M saying they hurt the TRUMP meme Tether co-founder launches STB ...
Big banks should all benefit from a more conducive economic backdrop, says Barclays' Jason Goldberg
Youtube· 2025-09-17 12:26
Financial sector is among the top performers. Just heard Mike talking about it this year uh reflecting expectations the Fed going to kick off an easing cycle today. Joining us now with what he thinks of the banks, Jason Goldberg, Barkclay's senior equity analyst already in anticipation of this the year financials have done well.I mean they certainly have. I think it's you know expectations that the economy is continuing to grow um and the Fed cut could help that continue. Um and also this whole theme of kin ...
UK regulator proposes exempting crypto firms from 'integrity' and other rules
Yahoo Finance· 2025-09-17 12:25
By Kirstin Ridley LONDON (Reuters) -Crypto firms in Britain could be exempted from rules that ensure financial services companies act with integrity and in the interests of customers, under new proposals outlined by the Financial Conduct Authority on Wednesday. The move comes after Britain signalled in April it would cooperate on the best approach towards digital assets with the United States, which has embraced the crypto industry and vowed to roll back regulatory curbs under President Donald Trump. Pu ...