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News Powered By AI

Goldman Sachs cuts Hong Kong stocks in favor of mainland China AI hardware plays

by News Feed Editor | Jun 2, 2026 | Financial

Goldman Sachs is officially preferring mainland Chinese stocks to those traded in Hong Kong. The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight on mainland China’s A shares — as a way to play...

Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

by News Feed Editor | Jun 2, 2026 | Financial

The new Chairman of the Federal Reserve Kevin Warsh departs from the East Room of the White House after a swearing in ceremony in Washington, DC on May 22, 2026. Aaron Schwartz | AFP | Getty ImagesFederal Reserve Chair Kevin Warsh has hired two conservative economic...

Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

by News Feed Editor | Jun 2, 2026 | Financial

Los Angeles Mayor Karen Bass (L) and Los Angeles mayoral candidate Spencer Pratt.Los Angeles Times | Getty ImagesLos Angeles voters are heading to the polls Tuesday to elect their next mayor, a race that has put all eyes on the nation’s second-largest city. But...

Greg Abel channels Buffett’s deal-making style in nearly $17 billion spree, expanding into tech

by News Feed Editor | Jun 2, 2026 | Financial

A few months after taking over from Warren Buffett , Greg Abel is making it clear he intends to put Berkshire Hathaway ‘s cash hoard to work. In the span of just a few days, Berkshire committed nearly $17 billion across two major transactions, agreeing to...

Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions

by News Feed Editor | Jun 2, 2026 | Financial

In this articleANTHR.FGSPACEX.FGGSFollow your favorite stocksCREATE FREE ACCOUNTGoldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into “greed” mode as markets are poised to test an unprecedented fundraising wave for giant...

Polymarket closes its first block trade as prediction markets push for Wall Street adoption

by News Feed Editor | Jun 2, 2026 | Financial

A Polymarket advertisement in a subway station in New York, US, on Thursday, Feb. 5, 2026. Michael Nagle | Bloomberg | Getty ImagesPrediction market platform Polymarket has completed its first block trade on an artificial intelligence compute infrastructure-related...
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