Warsh's debut paralyzes Wall Street – Investors hesitate before the first interest decision by the new Fed chief – SpaceX surpasses Amazon and drives a billion-wave of leveraged ETFs – BMW profit warning shocks the automotive industry – Chip equipment suppliers Aixtron and PVA Tepla continue to ride the AI wave - Jabil raises guidance for the third time thanks to AI boom – AST SpaceMobile successfully launches three XXL satellites into orbit
Reading Time: 10 minutes
USA & MACRO-ENVIRONMENT Wall Street remains in wait-and-see mode All eyes are on the first interest rate decision under the new Fed chairman Kevin Warsh . Futures for the S&P 500 are down around -0.15%, while the tech-heavy Nasdaq 100 shows a slight risk appetite with +0.16%. Market participants are consciously holding back: a rate change is considered unlikely, with the focus on the accompanying words of the central bank chief. Mark Cabana from Bank of America sums up the nervousness — investor conviction is low because Warsh is...
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