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MSCI Decision May Boost Brazilian Stocks in US by $4.7 Billion
Following MSCI’s recent announcement, Brazilian companies trading on foreign exchanges might soon enjoy a significant financial boost. Starting in August, these listings will qualify for the MSCI Brazil index. This change could channel $4.7 billion into companies like Nu Holdings (Nubank), StoneCo, XP, and PagSeguro, Morgan Stanley strategists report. The firms, which went public in […]
Secretary of Defense Lloyd Austin remains hospitalized after mystery procedure; DoD remains mum on release
U.S. Secretary of Defense Lloyd J. Austin has been hospitalized since the first day of 2024, and while Pentagon officials have not said when he will be released, they continue to avoid saying why he went to the hospital in the first place. Austin was admitted to Walter Reed National Military Medical Center last Monday, […]