• AMZN
• MS
• MSFT
• ORCL

Oracle slides as it misses Wall Street revenue targets on tough cloud competition

Oracle shares dropped over 8% after missing quarterly revenue expectations, highlighting stiff competition despite an increase in revenue. The company aims for AI-driven growth.

• C
• GS
• MS
• US500

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December

Citigroup revises its rate cut forecast to align with peers, now expecting a 25 basis point cut in December following strong job growth but rising unemployment.

• BARC
• C
• DBKGn
• GS
• MS
• WFC

Factbox-Brokerages still expect 25-bps US rate cut in December

Citigroup and major brokerages predict a 25-basis-point interest rate cut by the Fed in December 2023 following strong job growth and revised payroll data.

• BARC
• C
• DBKGn
• MS
• WFC

Factbox-Brokerages retain expectations of 25-bps rate cut from US Fed in December

Brokerages expect a 25-basis-point interest rate cut by the Federal Reserve in December following strong job growth data despite rising unemployment rates.

• 005930
• 0981
• AMAT
• ASML
• INTC
• MS
• TSMC34

Wafer fab equipment market to decline in 2025 - Morgan Stanley

Morgan Stanley projects a 6% decline in the WFE market for 2025, favoring Chinese semiconductor firms over Western ones amid economic transition and varying demand.

• C
• CRM
• MS
• WFC

Software startup ServiceTitan seeks up to $5.2 billion valuation in US IPO

ServiceTitan plans a U.S. IPO aiming for a valuation of $5.16 billion, seeking to raise $502 million by offering shares priced between $52-$57 each.

• 4755
• AMX
• DTEGn
• KT
• MS
• SKM
• VIV
• VZ

What is the AI opportunity for global telecom sector?

AI in the telecom sector could significantly enhance cash flow and market capitalization, but challenges like data silos must be overcome for successful implementation.

• BARC
• MS

Brazil's Lula nominates Bradesco head trader as central bank monetary policy director

• BARC
• C
• DBKGn
• MS

Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December

• AAPL
• HPQ
• MS
• SBUX
• TSLA

China's state media praise some U.S. firms amid fears of a new trade war