Morgan Stanley strategist Michael Wilson, well known for his bearish views on US equities in recent years, has an outright bullish outlook for 2025. The strategist expects the S&P 500 to end next year around the 6,500 level, up 11% from Friday’s close, with gains driven by improving economic growth and further Federal Reserve interest-rate cuts.
Open FlipAsset managers, including BlackRock and JPMorgan, are utilizing generative AI to generate alpha and enhance operational efficiency, exploring signals such as social media chatter to inform stock views, while Hong Kong's securities regulator has established guidelines to ensure responsible use of the technology.
Open FlipZinka Logistics Solution Limited which began its IPO on November 13, 2024 is closing today on November 18, 2024. The investors are left with very short time to apply on this last day of subscription for the IPO worth ₹1,114.72 Crores. The company that owns the BlackBuck App has fixed the price band in the range of ₹259 to ₹273 for its IPO per equity share.
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