Vilified Zero-Day Options Blamed by Traders for S&P Decline
This year’s hottest derivatives trade, and perhaps also its most divisive, stole the limelight one final time for 2023 as market watchers cast zero-day…
Source: biztoc.com
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Alibaba Ousts Commerce Chief, Splits Assets in New Shakeup
Alibaba Group Holding Ltd. replaced one of its most experienced executives at the helm of e-commerce and plans to create a firm to oversee its investment…
Source: biztoc.com
El-Erian Says Fed Has a 'Real Problem' With Communication
There’s a key piece of evidence in the bond-market surge that followed the latest US central-bank meeting, according to Mohamed El-Erian: The Federal Reserve…
Source: biztoc.com
Euro Stock Futures, Treasuries Up on Rate-Cut Bet: Markets Wrap
European equity futures edged higher along with Treasuries as traders shrugged off warnings from policymakers seeking to rein in expectations for US…
Source: biztoc.com
Adobe Has $6 Billion for AI and Buybacks After Figma Deal Collapses
Adobe Inc.’s failed merger with Figma Inc. leaves the software company with about $6 billion in cash that it will likely use to accelerate artificial…
Source: biztoc.com