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Nasdaq 100 Slides as Broadcom’s Weak Forecast Halts AI Rally
Economy Bloomberg
Nasdaq 100 Slides as Broadcom’s Weak Forecast Halts AI Rally

A selloff in technology stocks pulled US equities lower on Thursday after results from Broadcom Inc. drove an unwind in the artificial-intelligence trade that had …

Pirelli Denies Short Seller Report on Sales to Russia’s Military
Economy Bloomberg
Pirelli Denies Short Seller Report on Sales to Russia’s Military

Pirelli & Co. SpA denied a report from short seller Grizzly Research LLC that raised concerns about the Italian tire maker’s links to Russia and …

Asia Steps Up Currency Defense as Korea, Indonesia Vow Action
Economy Bloomberg
Asia Steps Up Currency Defense as Korea, Indonesia Vow Action

Asian authorities are ramping up their currency defense as high energy costs and bets that the Federal Reserve will raise interest rates pressure them.

Sunshine Silver Raises $270 Million in US IPO to Restart Mine
Economy Bloomberg
Sunshine Silver Raises $270 Million in US IPO to Restart Mine

Sunshine Silver Mining & Refining Co. raised $270 million in a US initial public offering that priced at the low end of the marketed range, …

Economy Bloomberg
Asean Head Warns of Food Security Challenge

Asean Secretary- General Kao Kim Hourn says the war in the Middle East is a "wake-up" call for the bloc to work together to ensure …

Won Falls to Lowest Since 2009 Even as Korea Pledges Action
Economy Bloomberg
Won Falls to Lowest Since 2009 Even as Korea Pledges Action

The South Korean won fell to the lowest since 2009 even as the government pledged to curb excessive volatility, underscoring the pressure some Asian currencies …

Indonesian Market Rout Deepens as Prabowo Policy Risks Mount
Economy Bloomberg
Indonesian Market Rout Deepens as Prabowo Policy Risks Mount

Indonesian markets tumbled on Thursday, with the rupiah breaching the key 18,000-per-dollar level and stocks hitting a near six-year low, as mounting policy uncertainty and …

Gold Rises as Dip-Buyers Return After Israel-Lebanon Ceasefire
Economy Bloomberg
Gold Rises as Dip-Buyers Return After Israel-Lebanon Ceasefire

Gold pushed higher after Israel and Lebanon agreed to a conditional ceasefire, a possible step toward resolving the wider Middle East conflict that’s upended global …

Dow Average Hits Peak as Old-School Stocks Beat AI: Markets Wrap
Economy Bloomberg
Dow Average Hits Peak as Old-School Stocks Beat AI: Markets Wrap

Wall Street drove a rotation out of chipmakers into several other industries that tend to benefit from a resilient economy after Broadcom Inc.’s underwhelming outlook …

Oil Falls After Israel-Lebanon Ceasefire Even as Clashes Persist
Economy Bloomberg
Oil Falls After Israel-Lebanon Ceasefire Even as Clashes Persist

Oil fell as a conditional ceasefire between Israel and Lebanon offered to ease the way toward a US-Iran peace deal, even as the truce was …

New Fed Beige Book Survey Shows Inflation Up Across Most Districts, Steady Employment
Economy Bloomberg
New Fed Beige Book Survey Shows Inflation Up Across Most Districts, Steady …

Stuart Paul, US and Canada economist for Bloomberg Economics, and Tom Keene, co-host of Bloomberg Surveillance, broke down the information out of the Fed's Beige …

OpenAI y Anthropic alistan sus OPI que podrían redefinir el mercado de la inteligencia artificial
Economy Bloomberg
OpenAI y Anthropic alistan sus OPI que podrían redefinir el mercado de …

Dos grandes de la IA tienen la mirada puesta en los mercados bursátiles, pero algunos se preguntan si la salida a bolsa de SpaceX, prevista …

SpaceX Seeks $75 Billion in Record IPO to Fund AI, Launch
Economy Bloomberg
SpaceX Seeks $75 Billion in Record IPO to Fund AI, Launch

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, satellite …

Private Credit Faces ‘Pipeline of Defaults,’ Holly Kim Says
Economy Bloomberg
Private Credit Faces ‘Pipeline of Defaults,’ Holly Kim Says

Glendon Capital co-founder Holly Kim explains why the private credit industry stands to see a big “backlog of defaults” away from any economic dislocations or …

Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First
Economy Bloomberg
Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First

A seemingly endless appetite for buying US stock dips has propelled Vanguard Group’s S&P 500-tracking ETF past $1 trillion in assets, making it the first …

Ares CEO Arougheti Says the Private Credit Market Isn't Broken
Economy Bloomberg
Ares CEO Arougheti Says the Private Credit Market Isn't Broken

Ares Management co-founder and CEO Michael Arougheti says the private credit market remains strong and the recent stress in the private credit market is tied …

Oil Gains as US-Iran Clashes Cloud Peace Deal Outlook
Economy Bloomberg
Oil Gains as US-Iran Clashes Cloud Peace Deal Outlook

Oil rose for a third day as a fresh exchange of strikes between the US and Iran cast doubt on the prospects of a peace …

Inotiv, Breeder of Laboratory Animals, Files For Bankruptcy
Economy Bloomberg
Inotiv, Breeder of Laboratory Animals, Files For Bankruptcy

Inotiv Inc., which breeds dogs and imports monkeys that are used in drug experiments, filed for bankruptcy in part on what it blamed are tighter …

Options Traders Look Past Jobs Data as Inflation Takes Spotlight
Economy Bloomberg
Options Traders Look Past Jobs Data as Inflation Takes Spotlight

Wall Street traders expect a strong jobs report on Friday. That may not be enough to soothe them, as the war-fueled oil price shock increasingly …

Nestle Buys Out Yfood Founders in First Acquisition for New CEO
Economy Bloomberg
Nestle Buys Out Yfood Founders in First Acquisition for New CEO

Nestle SA is taking full control of ready-to-drink meal maker yfood Labs GmbH, bolstering the company’s push to focus on faster-growing brands, according to people …

S. Korea’s Ruling Party Set for Big Election Win, Poll Shows
Economy Bloomberg
S. Korea’s Ruling Party Set for Big Election Win, Poll Shows

South Korea’s ruling Democratic Party is on track to win a clear majority of key local offices in a nationwide vote, providing President Lee Jae …

India Stays ‘Engaged’ With US as Trump Proposes New Tariffs
Economy Bloomberg
India Stays ‘Engaged’ With US as Trump Proposes New Tariffs

India said it remains in talks with the US after Washington proposed fresh tariffs on imports from major trading partners, adding that negotiations on a …

China Picks State Firm to Help Coordinate Mining Deals Abroad
Economy Bloomberg
China Picks State Firm to Help Coordinate Mining Deals Abroad

China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its …

India Central Bank Says Report on Selling Gold Is Incorrect
Economy Bloomberg
India Central Bank Says Report on Selling Gold Is Incorrect

India’s central bank said a report that it’s selling gold is “not correct,” pointing to data showing its physical stock of gold has remained unchanged.

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