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Dollar Falls Back After FOMC Results Have a Dovish Tint

5 days 14 hours ago
The dollar index (DXY00 ) traded higher in the morning but fell after the FOMC outcome, ending the day -0.22% lower. The FOMC left its federal funds rate target unchanged at 3.75-4.00% by a vote of 10-2, with two FOMC members (Cook and Hammack) dissenting and favoring a rate hike....

Alphabet Miss Revives AI Fears

5 days 14 hours ago
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Alphabet’s sales miss reignites AI fears, while Microsoft defies the gloom. AI jitters spread beyond Big Tech, hitting Caterpillar as investors question the spending boom. The Fed holds fire, the ECB is next, and the race to replace Lagarde heats up. Plus, White House NEC Director Kevin Hassett on inflation and the Fed’s next move. (Source: Bloomberg)

SuperMe, which generates AI-powered chats with simulated profiles of prominent industry experts to let users ask questions, raised $20M (Ivan Mehta/TechCrunch)

5 days 14 hours ago

Ivan Mehta / TechCrunch:
SuperMe, which generates AI-powered chats with simulated profiles of prominent industry experts to let users ask questions, raised $20M  —  When people have career or job questions, they usually tap into their network to find experts who've faced a similar predicament and can offer answers.

Cattle Look to Thursday Following Wednesday Losses

5 days 14 hours ago
Live cattle futures posted losses of $2.62 to $3.52 across the board at the close. Open interest suggested a rotation of ownership, up just 31 contracts. Cash trade has been quiet this week with a few sales reported by USDA at $224 live in the north and $350-365 dressed. The...