The Private Banker

Emini S&P 500 futures were lower in Monday morning dealing, with the September contract near 7596 after slipping about 0.8 percent from Friday’s 7659.50 settlement. The post Emini S&P Futures Retreat as Policy Tightening and AI Caution Collide appeared first on The Private Banker.

The Consumer Price Index for all urban consumers rose 0.4% seasonally adjusted in August after a 0.1% increase in July, the Bureau of Labor Statistics reported Friday. The post Core CPI Accelerates to 0.3% in August, Lifting Odds of September Fed Hike appeared first on The Private Banker.

Moonshot AI released its latest multimodal model with a 1-million-token context window and advanced agentic capabilities, closing the gap with top U.S. offerings on key benchmarks.

Iranian forces launched a barrage of ballistic missiles toward Kuwait and Bahrain on Friday, prompting swift condemnations from the Gulf states and a defensive response from US military assets that included the downing of drones aimed at the Strait of Hormuz

Broadcom Inc. shares tumbled more than 13% in extended trading Wednesday after the chipmaker delivered a second-quarter report that, while featuring explosive artificial-intelligence growth, fell short of the flawless execution Wall Street has come to demand in the ongoing semiconductor boom.