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South Korean chip stocks plummeted in pre-market trading, auguring a painful day for the region as fears deepened over how the Democrat sweep of Congress could slow AI infrastructure expansion.
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Japanese workers’ nominal wages rose at the fastest pace in almost three decades, underscoring sustained momentum in pay growth that will keep the Bank of Japan on track to hike interest rates as soon as December.
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Monster Beverage Corp.’s third-quarter sales rose more than expected, as the energy drink giant continues to see booming demand for its beverages outside of the US.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that…
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Source: Bloomberg, 0:00
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Bloomberg's Mario Parker joined the show for, The Debrief, to discuss Democrats' post-midterm focus on lowering costs, rooting out corruption and holding the Trump administration accountable. He speaks with Joe Mathieu on Bloomberg’s…
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Japanese equity futures are pointing to declines following a tech stock rout in the US as investors exited the sector over concerns about the artificial intelligence trade after a Democratic sweep of both chambers of Congress in the US…
The Mississippi Senate election could be determined by the mail-in ballots received after Election Day, whose legality was upheld by the Supreme Court.
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Oversea-Chinese Banking Corp. posted a small increase in third-quarter profit, with lending gains capped by declines in trading and insurance income.
The details of the resolution between Dolly Parton's estate and her nephew, Bryan Seaver, were not immediately known.
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Allen Says AI data-center projects already underway are unlikely to be disrupted by growing political scrutiny and will bring tens of gigawatts of new compute capacity online over the next 18 months. Allen says 2027 and 2028 will see…
Cramer warned that the sell-off in AI stocks likely has further to run.
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e.l.f. Beauty CEO Tarang Amin said the company delivered its 31st consecutive quarter of net-sales growth, with sales up 51% and adjusted EBITDA up 86%. He attributed growth across the portfolio to value, product innovation and marketing…
As one of his final acts in office, California Gov. Gavin Newsom has commuted the sentences of all 548 people sentenced to death in California to life without the possibility of parole—a quarter of the death row prisoners in the United…
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Source: Bloomberg, 0:00
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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are JPMorgan Head of Technical Strategy Jason Hunter, UBS Alignment Partners…
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Oil was on track for the biggest weekly loss since April after a volatile stretch of trading, as investors weighed prospects for an end to the months-long war in the Middle East.
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Paraguay President Santiago Peña will defend himself in the Senate against a vote to forcibly remove him from office instead of accepting his resignation, a legal distinction that could determine whether he retains immunity from criminal…
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T-Mobile US Inc. customers are being given the chance to add free phone plan benefits like Apple TV streaming subscriptions and Xbox Game Pass access, instead of more traditional benefits like international roaming.
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Tiger Global Management and Whale Rock Capital Management were among stock-picking hedge funds that were pummeled last month as concerns over AI investments roiled markets.
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Fatma Betul Sayan Kaya, former deputy chairwoman of Turkish President Recep Tayyip Erdogan’s AK Party, was arrested as part of an investigation into alleged manipulation involving investment funds and stocks, according to state-run Anadolu…
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Stock pickers pitched a US entertainment conglomerate and a Canadian gold miner at the annual Sohn Conference in Queenstown, New Zealand.
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Amid a sharp market selloff and a steep drop in semiconductor stocks, Sarah Bianchi discusses concerns that the US midterm election results could lead to tighter constraints on AI infrastructure. She expects delays and says some…
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