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(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Equities moved away from their all-time highs after the core consumer price index topped estimates and climbed the most in eight months. Treasuries sold off, with two-year yields hitting the highest since before…
(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…
GlobalFoundries Inc (NASDAQ: GFS) reported a third-quarter FY23 revenue decline of 11% year-on-year to $1.852 billion, beating the
(Bloomberg) -- GlobalFoundries Inc., the largest US supplier of made-to-order semiconductors, rose the most in almost nine months after third-quarter earnings topped analysts’ estimates, showing it can preserve profit even as the industry slump drags on. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Two-Year Yield Tops 5% on Powell’s ‘Sterner’ Tone: Markets WrapSaudis Find a Bottomless Money Pit in LucidIsrael Latest: US Says Forces Attacked Again After
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