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Williams said he is open to discussing the Fed's communication approach.

2026-07-09

Williams said he is open to discussing the Fed's communication approach.

Other News
2026-07-09

Morgan Stanley cuts its PT on Alibaba (BABA.N) to $180 from $190, a 5% reduction, and reiterated an overweight rating and top-pick view. After a recent share pullback the firm says the stock now trades at an attractive valuation, roughly 13x FY2028 P

Morgan Stanley cuts its PT on Alibaba (BABA.N) to $180 from $190, a 5% reduction, and reiterated an overweight rating and top-pick view. After a recent share pullback the firm says the stock now trades at an attractive valuation, roughly 13x FY2028 PE; its latest DCF-derived target equates to about 23x FY2028 PE. Morgan Stanley raised revenue forecasts for FY27–28 by 2–3% on a larger cloud contribution, partly offset by weaker e-commerce revenue; EBITA forecasts are Largely unchanged. The bank expects Alibaba’s cloud revenue growth to accelerate to 45% YoY in the quarter to June (FY27) and to continue accelerating in subsequent quarters. Excluding some one-off Spring Festival promotional costs, Morgan Stanley sees ‘other losses’ narrowing to RMB16.5 bln in FY27 Q1,but warns rising token prices will keep model-training costs for the Qianwen model sizable and projects FY27 total ‘other losses’ of about RMB72 bln.
2026-07-09

July 9 — Kremlin spokesman Peskov said at a regular briefing that Russian President Putin and US President Trump have established a constructive dialogue, adding Putin is open to dialogue with the US leader.

July 9 — Kremlin spokesman Peskov said at a regular briefing that Russian President Putin and US President Trump have established a constructive dialogue, adding Putin is open to dialogue with the US leader.
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