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Source: CNBC News Agency
4 weeks ago
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Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive

Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive

Kansas City Fed President Jeffrey Schmid said Thursday that inflation has been "stubborn" and "sticky" though he did not commit to supporting an interest rate hike. However, he said he doesn't see the current level of rates being restrictive on the economy.

Source: CNBC
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Source: Reuters News Agency
4 weeks ago
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Fed's Warsh faces challenge whether inflation is a problem or not

Fed's Warsh faces challenge whether inflation is a problem or not

U.S. auto prices rose at a roughly 5% annualized pace in July, housing and utility costs increased at more than a 3.5% rate, and recreational goods prices soared by a double-digit ​pace as households swallowed a 3.7% jump in the cost of living, nearly double what the Federal Reserve has promised.

Source: Reuters
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Source: Invezz News Agency
4 weeks ago
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Nasdaq futures surge 300 points: 5 things to know before Wall Street opens

Nasdaq futures surge 300 points: 5 things to know before Wall Street opens

US stock futures rose on Thursday as Nvidia's blockbuster outlook reignited the AI trade, pushing Nasdaq 100 futures up about 1% and lifting semiconductor and software shares across global markets. Nvidia jumped more than 7% before the bell after projecting roughly 70% revenue growth in fiscal 2028, far above Wall Street expectations.

Source: Invezz
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Source: Bloomberg Markets and Finance News Agency
4 weeks ago
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Fed's Schmid Talks Policy, Inflation, Credibility, Communication

Fed's Schmid Talks Policy, Inflation, Credibility, Communication

Federal Reserve Bank of Kansas City President Jeff Schmid said monetary policy may be accommodative rather than restrictive, citing underlying demand pressures that could justify a rate hike as soon as September 16. Schmid rejected the idea that the October 28 meeting is off the table due to the midterm election.

Source: Bloomberg Markets and Finance
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Source: Seeking Alpha News Agency
4 weeks ago
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Aggreko Seeks IPO For Growing Data Center Power Demand

Aggreko Seeks IPO For Growing Data Center Power Demand

Aggreko Inc. has filed for a U.S. IPO to reduce its substantial $7.0 billion debt burden while capitalizing on strong revenue growth. AGKO's topline growth is robust, but margins have compressed due to rising employee costs and moderate fleet utilization, averaging 54% in 2025. The company's growth strategy targets high-productivity sectors and geographies, with a focus on data centers and utilities, while exiting higher-risk countries.

Source: Seeking Alpha
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Source: Seeking Alpha News Agency
4 weeks ago
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Ichor: Moving Up The Value Curve As Demand Accelerates

Ichor: Moving Up The Value Curve As Demand Accelerates

Ichor is positioned to benefit from rising wafer fabrication intensity driven by complex chip designs and advanced nodes. ICHR's proprietary content expansion and capacity investments in Malaysia and Mexico support margin growth and enable $500 million in quarterly sales. Secular AI and node technology tailwinds are accelerating demand, evidenced by atypically long customer order lead times and robust order intake.

Source: Seeking Alpha
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Source: Market Watch News Agency
4 weeks ago
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Jackson Hole is Warsh's chance to win over his Fed colleagues — and investors

Jackson Hole is Warsh's chance to win over his Fed colleagues — and investors

New Federal Reserve Chairman Kevin Warsh has yet to earn the trust of his central-bank colleagues or financial-market participants who remain wary of his approach to curbing inflation and his ties to the White House.

Source: Market Watch
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