Overview
- Global stock indexes are forecast to rise modestly in 2024, with a slim majority of experts predicting new peaks within the next six months, according to a Reuters poll.
- Despite high interest rates and cooling global inflation, a majority of experts predict value stocks will outperform growth stocks over the next six months.
- Artificial intelligence startup OpenAI has reinstated Sam Altman as CEO, just days after his ousting, following demands from employees and investors.
- Binance CEO Changpeng Zhao has stepped down and pleaded guilty to violating U.S. anti-money laundering laws, resulting in a $4.3 billion settlement.
- Israel and Hamas have agreed to a hostage deal and a humanitarian pause in Gaza, allowing for the release of civilian hostages and the entry of relief aid.