The air is getting thin for stock-market investors, warns Morgan Stanley strategist Mike Wilson.
Dow Jones Newswires: Chinese telecom stocks rise amid AI chatbot buzz
Shares of China telecommunication majors were higher in morning trade following a report that China Telecom Corp. is developing an artificial intelligence-powered chatbot, reflecting investor enthusiasm about the technology, which became popular with OpenAI’s ChatGPT, spreading to China.
Dow Jones Newswires: China’s benchmark lending rates kept unchanged
China’s benchmark lending rates were kept unchanged, the country’s central bank said Monday, as the world’s second-largest economy showed more signs of recovery from its COVID reopening.
The Wall Street Journal: U.N. inspectors detect near weapons-grade uranium in Iran
United Nations atomic agency inspectors have detected uranium that has been enriched to near weapons-grade in Iran in recent weeks, three senior diplomats said Sunday, a finding that will deepen concerns about Tehran’s nuclear ambitions.
Dow Jones Newswires: Lenovo shares jump as tech giant guides for second-half rebound
Lenovo Group Ltd. shares jumped in early trade on Monday, as investors shrugged off the latest drop in the Chinese technology giant’s quarterly profit and looked forward to an expected rebound later in the year.
: Retailer Tuesday Morning to close more than half its stores following bankruptcy
Troubled discount home-goods retailer Tuesday Morning Corp. will close more than half its locations nationwide after filing for Chapter 11 bankruptcy protection for the second time in three years.
The Margin: This restaurant chain offers the worst bang for your buck, customers say — and it’s not even the most expensive
A new study looked at the prices at several fast-casual and fast-food chains, and at how diners feel about the value offered relative to cost.
The Wall Street Journal: Elon Musk’s Twitter faces lawsuits claiming nearly $14 million in unpaid bills
Since Elon Musk took over, Twitter Inc. has faced a growing list of claims that it hasn’t paid its bills as the social-media company aims to break even this year.
: Why Botox and other cosmetic injections may be resilient against economic uncertainty
They have a kind of staying power that’s more akin to a staple than a discretionary purchase for many of their users.
: Why sales of Botox and other cosmetic injections may be resilient in a recession
They have a kind of staying power that’s more akin to a staple than a discretionary purchase for many of their users.