Digital security provider JFrog Ltd. soared after predicting its fastest revenue growth in four years as artificial intelligence gives hackers more sophisticated ways to test companies’ security, driving demand for the digital defenses it…
Billionaires may be flocking to New Zealand, but its working-age population is leaving in droves. Many are professionals with friends and family headed to Australia. So what’s driving this exodus? (Source: Bloomberg)
Kiwi voters are choosing between two strikingly conventional candidates. Their dull election may help explain how New Zealand has kept populism in check.
Tony Wang, science and technology equity strategy portfolio manager at T. Rowe Price, says the AI boom is not necessarily over, but markets are reassessing its pace, feasibility and long-term returns. Speaking on "Bloomberg The Close,"…
DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
President Donald Trump said he met with Russian presidential envoy Kirill Dmitriev at the White House but did not visit with Ukrainian representatives.
Macquarie Group Ltd.’s profit came in line with expectations as volatility buoyed earnings within its powerhouse commodities and global markets division.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kailey Leinz, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Defense Secretary Pete Hegseth is expanding the controversial National Guard presence in Washington, DC, giving troops the ability to use dozens of patrol cars, military tactical vehicles, National Guard boats and other assets in the…
Citi Head of US Equity Strategy Scott Chronert says the sudden drop in oil prices on Wednesday surprised him. Brent fell almost 9% then rebounded on Thursday. He says that took some pressure off of the inflation backdrop. (Source…
Cloudflare Inc. lifted its profit forecast for a third time this year as rapid adoption of artificial intelligence continues to boost demand for networking services.
Bank of America Corp. is combining its global credit macro, fixed income exchange-traded fund, and high-grade corporate bond trading businesses into a single platform as the Wall Street firm looks to streamline credit trading for clients…