Wall Street Breakfast

Bank giants face capital hike of 9%

Sep 10, 2024
Major U.S. banks are facing a revised capital requirement hike of 9%, a significant reduction from earlier proposals. Oracle's stock skyrockets after impressive quarterly results. The Department of Justice argues in a trial that Google has stifled ad competition. Meanwhile, investment strategies spotlight the Magnificent 7 stocks, with insights into mid-cap opportunities as the AI boom heats up. The political landscape is buzzing too, with debates that could influence future market directions.
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