Decision Day in Ottawa and Washington: Chips Rally, Boeing Sinks, and the AI Bill Gets Financed
The Bank of Canada is expected to deliver its first rate hike since twenty twenty three this morning, lifting prime toward four point seven percent, while the Federal Reserve is expected to hold this afternoon and point to December. Chips led Wall Street higher for a second day as a sixty three billion dollar bank and Blackstone financing lined up to buy Broadcom chips for Anthropic, Boeing fell nearly eleven percent on a wider than expected loss, and Visa and Seagate both beat expectations after the close and fell anyway. The Daily Ledger, with Alex and Jordan.
The skinny
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