Jobs data, Alphabet's new CFO, HPE earnings: Three things

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Private Sector Jobs News

Federal Reserve,Anat Ashkenazi,Executive Vice President

It's another busy day on Wall Street. Here are three of the top stories to watch in Wednesday's trading. The US added 152,000 private sector jobs in May...

It's another busy day on Wall Street. Here are three of the top stories to watch in Wednesday's trading.That's fewer than the 175,000 economists polled by Bloomberg were expecting. It's giving investors some hope that the Federal Reserve will cut rates sooner than some have been expecting.), will be joining the company as its new CFO effective July 31.

The tech giant is tapping Eli Lilly's Chief financial Officer Annette AJ Kazi who will put an end to her two decade long relationship with the Pharma giant to take on the role of CFO and senior vice president at both Google and Alphabet effective July 31st alphabet has announced that its current CFO Ruth Porat will start a new role as president and Chief investment Officer next month and we're watching Chairs of Hewlett Packard Enterprise.

"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till mid-26E," Bank of America wrote on Monday. Most, but not all, economists expect the central bank will deliver a cut of 25bps later this morning, which would make it the first to move lower in the G7 since 2020.Is BCE Inc. the Best Canadian Dividend Stock with High Yield?

 

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