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Sarah Hunt, Alpine Saxon Woods chief market strategist, reacts to the chipmaker selloff which pulled down the Nasdaq 100 by 5% in early trading on Thursday. Some investors are worried a Democratic sweep of Congress could mean tighter…
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Beijing says no to SoftBank’s attempted takeover of ABB robotics unit, and more sensitive deals could follow.
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Treasuries surged as a Democratic sweep in the US midterms led to a selloff in shares of large US technology companies, stoking demand for havens.
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Paul Yablon, a former Moore Capital Management portfolio manager, is returning all external cash from his digital-focused hedge fund Room40 Capital.
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Source: Bloomberg, 0:00
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The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled…
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Microsoft Corp. helped create the “neocloud” boom, signing tens of billions of dollars in contracts with upstart data center operators in an effort to sate the crushing appetite for its cloud and AI services.
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Drone delivery startup Zipline closed a $1 billion funding round, valuing the company at $20 billion, as it expands its commercial partnership with Walmart in the US. Zipline CEO Keller Rinaudo speaks with Bloomberg’s Ed Ludlow about what…
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PSP Growth Managing Director Momei Qu says growing scrutiny of data centers could add costs and slow the AI buildout without derailing long-term demand. “We need to bring the voters along,” Qu says on “Bloomberg Surveillance,” arguing that…
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Shares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn skeptical on the artificial intelligence trade after the Democrats dominated the midterm elections.
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Dayanne Sousa conta sobre como a JBS e bancos são alvo de queixas na Europa por desmatamento. Com produção e edição de Gisele Fernandes. (Source: Bloomberg)
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Rogaine is experiencing its own Ozempic effect, with the decades-old hair-loss remedy unexpectedly booming from more people taking GLP-1 weight-loss drugs.
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Business jet maker Bombardier Inc. is considering a new model and adding production capacity as demand and backlog spur investments.
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Source: Bloomberg, 0:00
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Codelco’s chairman plans to propose a restructuring of the Chilean state-owned copper giant that would go beyond corporate governance, as its new leadership seeks to restore confidence amid a production-reporting scandal.
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Qualcomm shares slid 14% at the open of trading on Thursday after the company gave a lackluster profit forecast. If the decline holds through the close of trading it would be its worst day since 2020. Bloomberg's Ryan Vlastelica reports…
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Parents in North Carolina sued Google after their 13-year-old daughter spent months discussing suicidal thoughts with the company’s artificial intelligence tools on her school-issued Chromebook, underscoring the potential risks of the…
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Former Federal Reserve Governor Stephen Miran says raising interest rates in September was a mistake and not necessary. Miran also says he's enthusiastic about cutting back on forward guidance from the Fed even if it raises the risk…
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Tesla Inc. shares fell again on deepening worries that wins by Democrats in this week’s election will stymie Elon Musk’s efforts to expand his business empire.
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Starbucks Corp. dropping its breakfast sandwich with Impossible Foods Inc.’s sausage patty is not really a story about Starbucks at all, but rather one about the plant-based meat company and the decline of the industry it helped create.
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Source: Bloomberg, 0:00
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Former Federal Reserve Governor Stephen Miran talks about how President Donald Trump could work with Democrats controlling Congress, what would happen if Trump's tariffs were rolled back and if he believes the Fed should be providing…
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Royal Bank of Canada has hired equity capital markets banker Mariano Gaut from Mizuho Financial Group Inc. to lead the structuring of corporate derivatives and origination of convertible bond deals globally.
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Organizers of the climate summit want a deal on electrification to bring down global emissions.
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