WS #11300
Asian tech stocks rebound sharply, US spot Bitcoin ETFs see $221.7M inflows, European markets mixed after rally, all supported by softer US jobs data and easing Fed rate hike expectations. HCL Tech secures $1.14B AI/digital transformation deal with a Fortune Global 50 company, reportedly Mercedes-Benz, boosting its AI services portfolio. Alibaba agrees to pay $600M to settle DOJ allegations over illegal drug shipments via its platforms.
Tech and Crypto Rebound on Dovish Fed Hopes
Asian tech stocks rebound sharply, US spot Bitcoin ETFs see $221.7M inflows, European markets mixed after rally, all supported by softer US jobs data and easing Fed rate hike expectations.
HCL Tech secures $1.14B AI/digital transformation deal with a Fortune Global 50 company, reportedly Mercedes-Benz, boosting its AI services portfolio.
Alibaba agrees to pay $600M to settle DOJ allegations over illegal drug shipments via its platforms.