SQUAWK BOX, THURSDAY 28TH MARCH, 2024

SQUAWK BOX, THURSDAY 28TH MARCH, 2024

Wall Street hits another record high ahead of crucial inflation data. But Federal Reserve Governor Christopher Waller says he still requires several more months of data to gather the confidence to move to cut interest rates. UBS takes a hit of more than $1bn to its 2023 net profit after cutting the negative goodwill from its rescue of Credit Suisse. The lender now admits it may not be able to realise all its expected gains. Outgoing Dutch Prime Minister Mark Rutte has sought to calm tensions following an important trade bilateral meeting in Beijing. Rutte told President Xi Jinping that chip restrictions with companies such as ASML, are not country-specific. In currency news, the yen is at nearly its lowest level against the dollar since 1990. Markets are carefully watching for any BoJ intervention following an emergency meeting in Tokyo.

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Episoder(1839)

SpaceX IPO roadshow launches

SpaceX IPO roadshow launches

Bankers tap the extraordinary valuation of SpaceX ahead of its listing next week. Goldman Sachs has reportedly forecast a 100-fold revenue increase by 2030 for the company. However, S&P Dow Jones Indi...

5 Jun 25min

SpaceX targets $1.8tn valuation in record market debut

SpaceX targets $1.8tn valuation in record market debut

SpaceX eyes a valuation of almost $1.8tn at its listing next week. It has marketed more than half a billion shares at $135 which will make it the largest IPO of all time. The U.S. equity markets end a...

4 Jun 28min

SpaceX targets $75bn IPO raise

SpaceX targets $75bn IPO raise

SpaceX is reportedly planning a float share price of $135, eyeing around a $75bn IPO raise. However, Morningstar analysts believe the figure is hugely overpriced while Goldman Sachs CEO David Solomon ...

2 Jun 29min

Anthropic files confidentially for U.S. listing

Anthropic files confidentially for U.S. listing

Anthropic is joining the A.I. IPO race, filing confidentially following last week’s latest funding session revealed the company being valued at close to $1tn. However, Open AI’s Sam Altman tells CNBC ...

2 Jun 26min

Softbank poised to make €75bn France A.I. investment

Softbank poised to make €75bn France A.I. investment

We are live in Paris where Japan’s Softbank has pledged up to €75bn for Europe’s largest A.I. data centre project. Asian chip stocks are in the green as investors eye potential meetings with Nvidia CE...

1 Jun 25min

Oil falls back on renewed peace agreement optimism

Oil falls back on renewed peace agreement optimism

Oil dips after a White House official says the U.S. and Iran are close to a temporary peace agreement. Vice President JD Vance says he feels ‘pretty good’ about how negotiations are progressing. Today...

28 Mai 26min

Crude jumps after Iranian strike on Kuwait

Crude jumps after Iranian strike on Kuwait

Oil prices whipsaw with Brent up almost 3 per cent following an Iranian missile and drone attack on a U.S. air base in Kuwait. The strikes were followed by the U.S. targeting of a ground control stati...

27 Mai 27min

SK Hynix tops $1tn market value

SK Hynix tops $1tn market value

SK Hynix becomes the latest company to be valued at $1tn due to investor enthusiasm for A.I.-linked semi-conductor stocks. Iran accuses the U.S. of breaching the ceasefire with President Trump set to ...

26 Mai 24min

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