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Texas Power Firm Vistra Set for Worst Week in Three Years as AI Bets Fade

(Bloomberg) -- Shares of power producer Vistra Corp. notched their worst week since February 2021 as traders backpedaled on bets for an AI-fueled surge in electricity demand. Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to...
United States Nikki Hsu Daniel Loeb Bloomberg Businessweek Travis Miller Constellation Energy Corp
Source: yahoo.com

BlackRock Model Shakeup Spurs $4 Billion Growth-Stock ETF Surge

(Bloomberg) -- One of BlackRock Inc.’s target allocation model teams is increasing its growth-stock exposure across developed markets, plowing billions into exchange-traded funds that track the sector.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopPutin’s Wartime Central Banker Tells H...
Bloomberg Businessweek Jpmorgan Chase Co Bloomberg One Of Blackrock Inc Nvidia Corp Michael Gates Target Allocation
Source: yahoo.com

Asian Stocks Rise After US Peers Hit Fresh Record: Markets Wrap

(Bloomberg) -- European stocks rose ahead of a widely expected interest rate cut by the European Central Bank as markets reassessed bets of policy easing this year.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsNvidia Tops $3 Trillion in Market Value, Leapfrogging AppleS&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapBlackRock, Citadel Back Texas Stock Exchan...
Saudi Arabia United States Hong Kong Charu Chanana Scott Rubner Christine Lagarde
Source: yahoo.com

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State Street Says Active ETFs Set for $260 Billion Annual Haul

(Bloomberg) -- After a fresh torrent of inflows, actively run exchange-traded funds look poised for a record-breaking $260 billion haul this year as investors go beyond traditional benchmarks to ride alternative strategies, from selling options to riding cheap quant trades.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges:...
David Giroux Bloomberg Businessweek Mohit Bajaj Athanasios Psarofagis Matthew Bartolini Ben Johnson
Source: yahoo.com

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