Top global stories this week: LVMH, Puma, SoftBank among notable names [Seeking Alpha]
SOFTBANK GRP UNSP/ADR (SFTBY)
NASDAQ:AMEX Investor Relations:
softbank.jp/en/corp/irinfo/presentations
Company Research
Source: Seeking Alpha
The Federal Reserve kept its policy rate unchanged at 3.50%-3.75%, as widely expected, pausing the easing implemented at its three previous meetings. Traders reacted to Quick Insights Central banks largely held rates steady, affecting investor sentiment and leading to mixed weekly movements: US indexes mostly fell, European equities rose, and Asian markets were mixed. Key events included AstraZeneca's and Adidas' announcements, LVMH's results impacting Chinese demand concerns, SoftBank's OpenAI talks, and major cross-border M&A deals in sportswear and tech. US earnings mostly beat expectations supporting stable sentiment, while a better-than-expected Eurozone GDP uplifted European investor confidence. Recommended For You More Trending News
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