Investing.com-- U.S. stocks rallied Friday, as Treasury yields swung lower after Federal Reserve Chair Jerome Powell signaled rate cuts were on the way.amid cooling inflation and a softer labor market. The Fed chief also appeared to keep the door open to a bigger rate cut, saying the size of rate cuts as well as the frequency would depend on incoming data.
The odds of a larger 50 basis cut at the September rose to 36% from 28% the previous day, according to Investing.com's), allowing the latter's self-driving vehicles to be launched on Uber's ride-hailing platform. Uber was up 1%, while General Motors rose more than 4%. "Workday surprised most investors by making a pronounced and very welcome pivot on the growth-margin trade-off, backing off the previous FY27/3-year CAGR of 17-19% and setting it at 15%," UBS said in a Friday note. The company also raised the fiscal 2027 non-GAAP operating margin target to 30% from 25% and announced a $1B stock buyback plan.Robert F. Kennedy Jr. suspending his U.S. presidential campaign on Friday and endorsed Republican presidential candidate Donald Trump.
“I am not terminating my campaign I am simply suspending it and not ending it. My name will remain on the ballot in most states,” he said at an event on Friday in Arizona.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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