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Magnificent 7 Stocks Aren't Too Pricey, JPMorgan Strategist Says

(Bloomberg) -- The ranks of Wall Street strategists playing down concerns around a bubble in US technology megacap stocks are growing.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackThese Are the Best Countries for Wealthy ExpatsBond Investors Are Lining Up to Fund the War Against Putin‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorThe team at JPMorgan Chase & Co. was the latest to flag that valuations of the seven tech gi...
United States Michael Hartnett Bloomberg Businessweek Mislav Matejka Alphabet Inc Tesla Inc
Source: yahoo.com

Reddit, Investors Seek Up to $748 Million in Planned IPO

(Bloomberg) -- Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the biggest initial public offerings so far this year, according to people familiar with the matter.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring BackSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsBond Investors Are Lining Up to Fund the War Against PutinThe social media platform
United States Steven Huffman Sam Altman Jennifer Wong Ryan Gould Bloomberg Businessweek
Source: yahoo.com

OpenAI's Sam Altman Returns to Board After Probe Clears Him

(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman was cleared of any wrongdoing that would have mandated being fired from the company late last year, according to a report based on a monthslong investigation into the events leading up to his brief ouster.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring BackSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsBond Investors Are Lining Up to Fund
Anjan Sahni Elon Musk Bloomberg Businessweek Helen Toner Bret Taylor Mira Murati
Source: yahoo.com

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US key to Philippines' plan to tap oil, gas in South China Sea | Andreo Calonzo & Manolo Serapio Jr.

The Philippines is counting on the US and its allies to play a crucial role in its plans to explore energy resources in the disputed South China Sea, according to Manilaโ€™s envoy to Washington.ย  The country is seeking to parlay its deepening security ties with Washington into broader economic benefits,…
South China Sea Brunei General United States Republic Of Clarissa Batino Bloomberg Jose Manuel Romualdez

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