Tinsel Talks Finance
All eyes turn to the Federal Reserve as new Chair John Warsh faces his first major policy test. SpaceX surpasses Amazon in valuation, forcing passive funds to hold an unlisted asset. Geopolitics and energy shift as the US and Iran prepare a deal while the IEA forecasts a 2027 oil glut. BMW stock hits a five-year low on profit warnings amid China's slowdown and trade tensions. Plus, where futures stand, mortgage rates are falling, and Bitcoin takes a hit.
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