Official Global Capital Asset Management™ Twitter account. Follow us for the latest in global investment & asset management news, firm news & marketsgcapital.co London I New York I Hong KongJoined December 2016
President Donald Trump said the #US might have to 'unwind' trade deals it reached with the #European Union, #Japan and South #Korea, among others, if it loses a Supreme Court #tariffs case.
#Tesla has proposed a $1 trillion compensation plan for CEO #ElonMusk, a record-breaking corporate pay package aimed at securing his leadership as the company pivots toward artificial intelligence and robotics. More here:
#Thailand’s central bank governor Sethaput Suthiwartnarueput is among the leading candidates for the role of finance minister in a cabinet under new Prime Minister Anutin Charnvirakul, according to multiple Thai media outlets.
The precious #metal keeps hitting new highs. It’s up 38% in the last year and passed $3,500 for the first time this week. The #gold miners have been storming along too - up 90% this year alone. If you hold gold you’ll be feeling pretty happy today.
The weaker-than-expected outlook of Nvidia has added to concerns that the pace of investment in AI is unsustainable. Find out more on Reuters Market Rundown. More here: reut.rs/3JCu6Jp
#Indian exporters are bracing for a sharp drop in #US orders after trade talks collapsed and Washington confirmed steep new #tariffs on Indian goods starting Wednesday, straining ties between the strategic partners.
South Africa’s state-owned airports operator intends to raise about half of the 21.7 billion rand ($1.2 billion) it plans to spend on an infrastructure program in the next 12 months, its chief finance officer said bloomberg.com/news/articles/…
Fed Chair Jerome Powell’s speech at Jackson Hole turned out to be a surprise for markets, sending them into full cutting frenzy mode.
@tomkeene, @tracyalloway and @TheStalwart discuss the chairman's speech and related conversations
German Chancellor Friedrich Merz said tackling the country’s economic challenges is proving to be a far greater undertaking than he initially anticipated bloomberg.com/news/articles/…
US government debt could reach 250% of gross domestic product without putting upward pressure on interest rates, according to a paper presented at the Jackson Hole conference bloomberg.com/news/articles/…
AI data centers are booming, but some local opponents are fighting back — and seeing results.
“Our pressure is relentless," a former middle school counselor living in Virginia told us.
finance.yahoo.com/news/can-the-a…
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(Mori Memorial Foundation)
$VKTX crashed more than 40% on Tuesday after a phase 2 trial of its weight-loss pill showed a high patient dropout rate. finance.yahoo.com/news/viking-th…
WATCH: #HomeDepot missed estimates for quarterly revenue and profit but kept its annual forecasts intact, against the backdrop of #homeowners reining in spending on large-scale renovations and focusing on do-it-yourself projects.
BREAKING: The Financial Times reports that US tech stocks 'sold off' over a 'wave of concerns that intense enthusiasm surrounding artificial intelligence could be overdone' #AI
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