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AI group recently told investors the critical figure was nearing $50bn in September, far less than the $70bn widely reported
Russian jet drones are currently terrorizing Ukraine’s civilian population and disrupting daily life for millions of people. It is only a matter of time before other countries are also confronted by this threat, writes Leonid Baratz. The post Russia’s jet drones pose a security threat far beyond Ukr
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: JPMorgan Asset Management Fixed Income Portfolio Manager Kelsey Berro, Wellington Management Senior Managing Director Brij Khurana, BNP Paribas Head of US Credit Strategy Meghan Robson, and MFS Investment Mana
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Jess Menton, Carol Massar and Stacey Vanek Smith. (Source: Bloomberg)
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
A humanitarian catastrophe is unfolding in Russian-occupied southern Ukraine as the Kremlin authorities refuse to allow the evacuation of starving Ukrainian civilians trapped in front line city Oleshky, writes Oleksandr Tolokonnikov. The post Starving Ukrainians must travel ‘road of death’ to flee R
The expected postponement of Nvidia Corp.-backed data center company Firmus Grid Ltd.’s Australian IPO is an ominous sign for other proposed listings, coming after a string of disappointing debuts for artificial intelligence infrastructure firms.
Global financial institutions are beefing up their debt capital market teams in Japan, hiring bankers and relocating staff, to capture a boom in fundraising driven by mergers, acquisitions, and artificial intelligence capital.
Jack of All Trades
Levi Strauss beat EPS by 33% but $0.11 of $0.12 came from tariff refunds. Applied Digital beat revenue by 208% but most of it was one-time construction work. Both stocks fell anyway.
They should lift incomes, not suppress prices