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U.S. stock futures rose on Wednesday, after a mixed close on Tuesday.
AI-driven corporate bond issuance by tech giants is causing record investment-grade gross issuance projections up to $2.25 trillion.
KEY POINTS
- Lawrence Gillum warns that bond portfolios now face rising concentration risk from tech sector activity.
- Box Inc. raised its FY27 outlook despite weak long-term price trends and a poor growth rank.
- Braiin Ltd. dropped sharply after soaring on a $33.6 billion UK contract with Switchcraft.
- FedWatch tool shows markets price a 99.9% likelihood of unchanged Fed rates for June’s meeting.
COMPANIES
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