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Lenovo Shares Near All-Time High After Strong AI Growth
Economy Bloomberg
Lenovo Shares Near All-Time High After Strong AI Growth

Lenovo Group Ltd. shares were on track to close at their highest on Friday after the company reported strong growth in AI-related earnings that offset …

1,000% Stock Boom Frees Vietnam Tycoon to Pour Cash Into EVs
Economy Bloomberg
1,000% Stock Boom Frees Vietnam Tycoon to Pour Cash Into EVs

Vietnam’s richest person spent billions of dollars of his personal fortune on his emerging electric automaker and other ventures last year as the shares of …

North Carolina Sues VinFast Over Delayed, Downsized Factory
Economy Bloomberg
North Carolina Sues VinFast Over Delayed, Downsized Factory

North Carolina sued Vietnamese electric vehicle maker VinFast Auto Ltd., alleging the company breached agreements tied to a planned electric vehicle and battery manufacturing facility, …

S&P 500 Is Set for Longest Weekly Rally Since 2023: Markets Wrap
Economy Bloomberg
S&P 500 Is Set for Longest Weekly Rally Since 2023: Markets Wrap

Hopes for a deal between the US and Iran that will turn a fragile ceasefire into lasting peace fueled Wall Street optimism, driving stocks toward …

Oil Rises After Three-Day Drop With Iran-US Talks in Focus
Economy Bloomberg
Oil Rises After Three-Day Drop With Iran-US Talks in Focus

Oil rose, snapping a three-day decline, as Iran’s comments on uranium and the Strait of Hormuz pared earlier optimism over progress in peace negotiations with …

What to Know About the SpaceX IPO
Economy Bloomberg
What to Know About the SpaceX IPO

Elon Musk gave the financial world a lot to ponder as SpaceX made public its plans for an initial public offering. The IPO is poised …

Workday Rallies After Results Quiet Fears of AI Disruption
Economy Bloomberg
Workday Rallies After Results Quiet Fears of AI Disruption

Workday Inc., a maker of workplace management software, posted better-than-expected results in the first quarter, helping quell concerns that the company will be disrupted by …

US Races to Create Domestic Rare Earths Supply
Economy Bloomberg
US Races to Create Domestic Rare Earths Supply

Tripp Hornick, principal at Quince Street Strategy, said that the US allowed the mining and manufacturing of rare earth elements to be pushed overseas because …

UBS Hits Back Over Nazi-Accounts Probe Amid Senate Pressure
Economy Bloomberg
UBS Hits Back Over Nazi-Accounts Probe Amid Senate Pressure

UBS Group AG accused the US lawyer overseeing a six-year-old inquiry into Credit Suisse’s handling of Nazi-linked accounts of bias and exceeding his mandate, deepening …

Lone Star Weighs Sale of Lender IKB After Nearly 20 Years
Economy Bloomberg
Lone Star Weighs Sale of Lender IKB After Nearly 20 Years

Buyout firm Lone Star Funds is in the early stages of exploring a sale of IKB Deutsche Industriebank AG nearly two decades after investing in …

SpaceX Challenges AI Rivals for Control of $26.5 Trillion Market
Economy Bloomberg
SpaceX Challenges AI Rivals for Control of $26.5 Trillion Market

SpaceX is marketing itself to IPO investors as an artificial intelligence play targeting a $26.5 trillion potential market opportunity, positioning itself to wrest business from …

Trump Advisor Predicts Gas Price Drop
Economy Bloomberg
Trump Advisor Predicts Gas Price Drop

Jarrod Agen, Executive Director of National Energy Dominance Council and President Trump's energy advisor joined Bloomberg Open Interest to talk about how gas prices will …

For Bitcoin ETF Holders, a Market Recovery Is a Reason to Sell
Economy Bloomberg
For Bitcoin ETF Holders, a Market Recovery Is a Reason to Sell

Bitcoin’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in …

Deere Shares Tumble With Farmers Facing ‘Ongoing Challenges’
Economy Bloomberg
Deere Shares Tumble With Farmers Facing ‘Ongoing Challenges’

Deere & Co. shares fell sharply as farm machinery sales stayed sluggish, raising questions on when the agriculture economy will start getting better.

Codelco Copper Overstatement Implies Output Sank to 27-Year Low
Economy Bloomberg
Codelco Copper Overstatement Implies Output Sank to 27-Year Low

Codelco’s overstatement of copper production in December implies that last year’s annual output fell to the lowest level since 1998, eroding the Chilean company’s claims …

War Weighs on Global Growth With Inflation Worries Intensifying
Economy Bloomberg
War Weighs on Global Growth With Inflation Worries Intensifying

The global economy is showing signs of waning momentum and mounting inflation pressures during its third month of a war-induced energy crunch.

Euro-Zone Growth Is Buckling Under Weight of War Impact, EU Says
Economy Bloomberg
Euro-Zone Growth Is Buckling Under Weight of War Impact, EU Says

The euro area will slow markedly while suffering the fastest inflation since 2023 as it succumbs to the energy-cost surge from the Iran war, according …

Iran War Spurs Bear Scenarios for Asia FX, Bonds
Economy Bloomberg
Iran War Spurs Bear Scenarios for Asia FX, Bonds

The Iran war is piling pressure on emerging Asian markets, pushing some currencies and bond yields toward levels once considered unlikely.

India Mulls All Options, Including Rate Hike, as Rupee Slumps
Economy Bloomberg
India Mulls All Options, Including Rate Hike, as Rupee Slumps

The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and …

Jamie Dimon on Bond Market, Inflation and Equities
Economy Bloomberg
Jamie Dimon on Bond Market, Inflation and Equities

CEO of JPMorgan Chase Jamie Dimon speaks exclusively with Bloomberg's Haslinda Amin about the rout in bond markets, the risk of heightened inflation, and why …

Goldman Says Global Oil Stockpiles Falling at Record Pace
Economy Bloomberg
Goldman Says Global Oil Stockpiles Falling at Record Pace

Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags …

Economy Bloomberg
Samsung Reaches Tentative Deal With Union

South Korean stocks rallied after Samsung Electronics Co. reached a tentative deal with its labor union, defusing the threat of an imminent strike at the …

Gracias’ Valor Stands to Make Billions Off SpaceX IPO
Economy Bloomberg
Gracias’ Valor Stands to Make Billions Off SpaceX IPO

Antonio Gracias, the founder of Valor Equity Partners and a longtime Elon Musk ally, controls a 4% economic stake in SpaceX through various funds, the …

US Stocks Steady as Traders Await Hormuz Progress: Markets Wrap
Economy Bloomberg
US Stocks Steady as Traders Await Hormuz Progress: Markets Wrap

US equities held gains while oil fell and bonds ticked higher as traders waited to see whether hopes of a peace deal in the Middle …

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