UBS Pushes Fed Cuts to 2026, SoftBank's AI Windfall, Aramco Eyes $10B+ Property Sale

Market News
1. UBS Global Wealth Management has pushed back its forecast for US Fed rate cuts to December 2026 and March 2027, from a previous expectation of September and December this year.
2. SoftBank Group has recorded a $45 billion book income from its OpenAI investment and has sold $16.25 billion worth of T-Mobile shares.
3. Aramco is reportedly seeking to raise over $10 billion from the sale of its property portfolio.