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Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron
Economy Bloomberg
Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron

Ed Zitron, CEO at EZ Primary Research, said that the risk of balancing the equity market on record public offerings for AI companies that have …

QXO Gets Better Terms on Buyout Debt After Strong Demand
Economy Bloomberg
QXO Gets Better Terms on Buyout Debt After Strong Demand

QXO Building Products Inc. saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild Corp., which attracted more than …

Venezuela Moves to Open Power Sector to Private Investment
Economy Bloomberg
Venezuela Moves to Open Power Sector to Private Investment

Venezuela’s National Assembly debated a reform that would open the country’s electricity sector to private investment, allowing companies to generate, distribute and sell power under …

Bitcoin’s Inflation-Hedging Promise in Tatters After Plunge
Economy Bloomberg
Bitcoin’s Inflation-Hedging Promise in Tatters After Plunge

Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that …

HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat | Stock Movers
Economy Bloomberg
HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat | …

On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, …

How the 1987 Crash Changed the Life of Centerbridge's Jeff Aronson
Economy Bloomberg
How the 1987 Crash Changed the Life of Centerbridge's Jeff Aronson

Jeff Aronson was working as a lawyer at LF Rothschild when the 1987 stock market crash put the firm out of business. In this conversation …

Chipmakers Outperform Software Stocks by Most on Record
Economy Bloomberg
Chipmakers Outperform Software Stocks by Most on Record

Semiconductor stocks rallied on Tuesday while software fell, with the gap between the two sub-sectors of the tech industry the widest on record.

Economy Bloomberg
Blue Owl Tech Private Credit Fund Is Selling $300 Million Bonds

A private credit fund managed by Blue Owl Capital Inc. is looking to sell $300 million of investment-grade bonds, according to a person familiar with …

India’s Fuel Exports Plunge in May as Domestic Needs Prioritized
Economy Bloomberg
India’s Fuel Exports Plunge in May as Domestic Needs Prioritized

India’s fuel exports tumbled to the lowest level in nearly four years in May as a push to ensure domestic supplies during the Iran war …

Citi’s Chew Sees US Tech Stocks at Risk From Bullish Positioning
Economy Bloomberg
Citi’s Chew Sees US Tech Stocks at Risk From Bullish Positioning

Extended positioning in US technology stocks is putting investors at risk of a reversal, according to Citigroup Inc. strategists.

Euro-Zone Inflation Surpasses 3% for First Time Since 2023
Economy Bloomberg
Euro-Zone Inflation Surpasses 3% for First Time Since 2023

Euro-area inflation topped 3% for the first time in more than 2 1/2 years, cementing expectations for an interest-rate hike when the European Central Bank …

UBS Offers First AT1 Since Swiss Authorities Paused Reforms
Economy Bloomberg
UBS Offers First AT1 Since Swiss Authorities Paused Reforms

UBS Group AG is set to raise Additional Tier 1 capital in US dollars, its first foray into the market since Switzerland paused plans to …

Bloomberg Retracts Incorrect Story on RBI Gold
Economy Bloomberg
Bloomberg Retracts Incorrect Story on RBI Gold

Bloomberg News retracted a story published June 2 that was based off an incorrect analysis by Bloomberg Economics. The analysis erroneously used same-day domestic gold …

Japan 10-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Economy Bloomberg
Japan 10-Year Bond Sale Sees Firmer Demand Than 12-Month Average

Japan’s 10-year government bond auction drew stronger demand than its 12-month average as investors were attracted to high yields despite the ongoing uncertainty in the …

PBOC Cuts Cash Operation to Record Low as Bond Rally Deepens
Economy Bloomberg
PBOC Cuts Cash Operation to Record Low as Bond Rally Deepens

China’s central bank reduced the size of its daily open-market operation to a record low, extending efforts to absorb excess cash as a rally in …

What's Next After Short Seller Andrew Left Found Guilty
Economy Bloomberg
What's Next After Short Seller Andrew Left Found Guilty

Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a US federal jury. Bloomberg's Erik Larson reports …

Andrew Left Found Guilty in Case That Spooked Short Sellers
Economy Bloomberg
Andrew Left Found Guilty in Case That Spooked Short Sellers

Famed short seller Andrew Left faces the possibility of decades behind bars after being found guilty of using disingenuous social media posts to manipulate stocks, …

Gold Pares Gains as US Jobs Data Reinforces Higher-Rate Bets
Economy Bloomberg
Gold Pares Gains as US Jobs Data Reinforces Higher-Rate Bets

Gold pared gains after robust US jobs data reinforced bets that the Federal Reserve will keep interest rates higher for longer, a headwind for the …

Oil Holds Biggest Gain in a Month on Standoff in US-Iran Talks
Economy Bloomberg
Oil Holds Biggest Gain in a Month on Standoff in US-Iran Talks

Oil steadied after its biggest gain in about a month, as uncertainty about the state of US-Iran peace talks raised the risk that energy flows …

CFTC Awards Five Whistleblowers $8 Million for Enforcement Tips
Economy Bloomberg
CFTC Awards Five Whistleblowers $8 Million for Enforcement Tips

The US Commodity Futures Trading Commission said it will award more than $8 million to five whistleblowers who provided information that helped agency investigators recover …

Return Stacked ETF Outpaces S&P 500
Economy Bloomberg
Return Stacked ETF Outpaces S&P 500

Corey Hoffstein, CEO and CIO of Newfound Research, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." They drill down into the Return Stacked …

Europe’s Junk Firms Look to Cut Loan Costs in Hot Market
Economy Bloomberg
Europe’s Junk Firms Look to Cut Loan Costs in Hot Market

Borrowers are rushing to Europe’s leveraged loan market at the start of the week to reprice debt, as they seek to capitalize on favorable credit …

Mercedes-AMG Launches GT Luxury Performance EV
Economy Bloomberg
Mercedes-AMG Launches GT Luxury Performance EV

Michael Schiebe, head of Mercedes-AMG, discusses the automaker’s new GT 4-door coupe and the market for luxury electric vehicles as the company prepares to launch …

US Crude Refiners Are Pushing Run Rates to Maximum Levels
Economy Bloomberg
US Crude Refiners Are Pushing Run Rates to Maximum Levels

US oil refiners are running their plants harder than usual, with some even putting off maintenance, as strong profits and steady demand for fuels tempt …

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