
(Bloomberg) -- Wall Street traders betting the Federal Reserve will be able to engineer a soft landing spurred a rally in riskier corners of the market, with stocks rebounding after a selloff that jolted markets around the globe.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street’s Great Rotation Resurfaces After GDP: Markets WrapMarkets Tear Up Popula

(Bloomberg) -- ServiceNow Inc. said President CJ Desai is leaving the company after an investigation uncovered policy violations related to a government contract and the hiring of a former US Army official.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street’s Great Rotation Resurfaces After GDP: Markets WrapMarkets Tear Up Popular Trades That Reached ‘

Wall Street’s AI optimism shrinks when the main business is under pressure.