Shares of Trump Media & Technology Group (DJT) have fallen dramatically from their highs after debuting on the Nasdaq in March. Alphabet (GOOG, GOOGL) shares are trading higher after the company resolved problems with its Gemini AI platform. Google revealed the platform in February, which faced consumer backlash over misinformation concerns. Blackberry (BB) shares are trading higher after the company announced a deal with AMD (AMD) to collaborate on a robotics project, combining software and hardware technologies from both companies. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith
Shares of Trump Media & Technology Group (DJT) have fallen dramatically from their highs after debuting on the Nasdaq in March.
Alphabet (GOOG, GOOGL) shares are trading higher after the company resolved problems with its Gemini AI platform. Google revealed the platform in February, which faced consumer backlash over misinformation concerns.
Blackberry (BB) shares are trading higher after the company announced a deal with AMD (AMD) to collaborate on a robotics project, combining software and hardware technologies from both companies.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
Editor's note: This article was written by Angel Smith
Reuters
Bond strategists upgraded their U.S. Treasury yield forecasts for coming months as sticky inflation and resilient economic activity have pushed financial markets to temper expectations for Federal Reserve rate cuts this year, a Reuters poll showed. The benchmark U.S. 10-year yield, which moves inversely to bond prices, has surged nearly 60 basis points since the start of the year to 4.46% on Monday, its highest since November, even as U.S. stocks have hit all-time highs and the dollar has gained against most major currencies. That was driven by traders dialing back Fed rate cut bets for 2024 to around 60 basis points, the lowest since October, down from 150 bps expected in January.
Bloomberg
(Bloomberg) -- Donald Trump’s social-media company just became the most valuable publicly traded client of an accounting firm that has more experience auditing companies traded over-the-counter and has had a string of regulatory issues, including a 100% deficiency rate on audits reviewed by a US watchdog.Most Read from BloombergTrumpism Is Emptying ChurchesTrump Media Spirals as 36% Dive From Debut Erases BillionsTrump Media’s Accounting Firm Has Audit Deficiency HistoryGermany to Order Ships, A
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