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Dow Jones Futures: S&P 500, Nasdaq Retreat As AI Stocks Skid; Time To Sell Nvidia?
The S&P 500 and Nasdaq fell Thursday after briefly setting new highs. AI stocks are lower. Is it time to sell Nvidia?
- Associated Press
New Zealand's gun laws, tightened after the 2019 mosque attack, being revised by an ex-gun lobbyist
New Zealand’s government will overhaul the tighter gun laws introduced after a deadly mass shooting by a white supremacist five years ago, because they put excessive burdens on gun owners who feel vilified by law enforcement and the public, the lawmaker leading the changes said. “What’s happened is a massive change with massive penalties and targets on people who didn’t do anything wrong,” Associate Justice Minister Nicole McKee — a lobbyist for gun owners before she entered Parliament in 2020
- Reuters
Analysis-Consumer-focused lending under Labour could dent UK bank profits
Once seen as hostile to banks, Britain's Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leaning party's policies are still expected to hit the sector's profits if it wins next month's election. Leader Keir Starmer has won plaudits among business-owners and financiers with promises of stability and a more balanced approach towards taxation of the financial and professional services sector, which contributed more than 110 billion pounds ($139 billion
- The Telegraph
Households brace for £600 council tax rises and service cuts – whoever wins election
Households should brace for a £600 rise in annual council tax bills regardless of who wins the election, according to the Institute for Fiscal Studies (IFS).
- Reuters
Hong Kongers embrace politics in UK, but some still fear Beijing
For Richard Wong, 25, who moved to Britain from Hong Kong two years ago, it "feels strange" taking part in a free election, exercising exactly those rights that he once fought for, knowing that his friends back home no longer can. Since 2021, more than 180,0000 Hong Kongers have moved to Britain under a special visa programme set up in response to a crackdown on dissent in their homeland, a former British colony handed back to Beijing in 1997. When Britain left Hong Kong it offered a limited f
- GuruFocus.com
Decoding Accenture PLC (ACN): A Strategic SWOT Insight
Insightful Analysis of Accenture's Market Position and Future Prospects
- Reuters
JPMorgan wealth head sees China's economic outlook improving
JPMorgan Chase is seeing signs of an improving economy in China that will bolster the bank's business in the country after a sluggish period, its CEO of asset and wealth management Mary Erdoes said. U.S. companies are assessing their prospects in China as its economy recovers unevenly and relations worsen between the two nations. For banks, sluggish capital markets have weighed on activity in China, and investors are watching the effect of government support measures on the economy.
