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Upbeat Earnings Bolster Case for India Stocks as Asia Wavers
Indian equities are gaining an edge in Asia as stronger earnings and a nascent return of foreign investors bolster the case for further outperformance.
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Malaysia Set to Hold Rates on Strong Growth, Signal Hike in 2027
Malaysia’s central bank is expected to keep interest rates unchanged at its final policy meeting of the year on Thursday while signaling scope for a hike early in 2027 as economic growth remains strong.
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Bloomberg Businessweek Daily: Dems Stage Midterm Sweep (Podcast)
Source: Bloomberg, 0:00
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Democratic Sweep, Markets Rally & AI Stocks Slide
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 Morgan Stanley Wealth Management Executive Director, Head of Policy &…
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Edward Jones’ Andy Blocker on US Midterm Elections
Andy Blocker, Head of Policy, Regulatory and Government Relations at Edward Jones, said research shows nearly 85% of Americans are experiencing some form of financial stress. Drawing on about 100,000 client conversations a day across all…
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GOP Confronts Midterm Losses, Qualcomm Tepid Profit Outlook
Source: Bloomberg, 0:00
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DBS Profit Misses Estimates on Trading Income, Names Lim Chair
DBS Group Holdings Ltd. posted quarterly earnings that missed analyst estimates, as a tumble in markets trading income dampened gains from lending and wealth. The bank also announced a new chairman.
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Isomorphic Labs in Talks for About $5 Billion in Funding
Alphabet Inc.’s Isomorphic Labs is in talks to raise roughly $5 billion in new funds to support its efforts to use artificial intelligence for drug discovery, according to people familiar with the matter.
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Only One Town Out of Dozens in US Voted in Favor of Data Centers
Voters in dozens of towns across the US sent a clear message against data centers in Tuesday’s elections — with one notable exception.
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Host Hotels & Resorts CEO on 3Q Quarterly Results
Host Hotels & Resorts raised its full-year outlook, including adjusted EBITDA and comparable hotel RevPAR growth. CEO and President Jim Risoleo discussed the acquisition of 1 Hotel Brooklyn Bridge, the fourth 1e Hotel in Host’s portfolio…
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Economic Frustrations Flip GOP Strongholds Blue
Democrats scored sweeping victories in the midterm elections, taking control of both chambers of Congress and making unexpected gains in traditionally Republican territory. Schwab political analyst and host of the WashintgonWise Podcast…
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248 Ventures’ Bell on What Qualcomm’s 4Q Mean for Tech
Discussing Qualcomm and Arm Holdings after earnings, Lindsey Bell, Chief Investment Strategist at 248 Ventures, says semiconductor shares’ weak performance may reflect uncertainty about how sustainable the industry’s rapid revenue and…
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Ireland Seeks EU Nations Deal on One-Year Delay to Methane Rules
Ireland proposed that European Union member states delay by a year methane rules for oil and natural gas importers to safeguard energy security and allay concerns over rising prices.
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ScottsMiracle-Gro CEO on Earnings Beat, Growth Outlook
ScottsMiracle-Gro shares rose about 10% after its earnings report, with investors focusing on guidance that exceeded expectations. Nate Baxter, the company’s President and CEO, says fiscal 2026 revenue grew about 1%, partly because the…
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Months-Old Chip Startup Tenspresso in Talks for $500 Million Valuation
Tenspresso, a three-month-old artificial intelligence chip startup founded by former Google AI chip engineers, is in talks for financing that would value it at $500 million, according to people familiar with the matter.
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Trump Family-Linked Bitcoin Miner Posts Third-Quarter Profit
American Bitcoin Corp., one of the Trump family-backed companies in the spotlight after Democrats won a decisive victory in the midterm elections, said Wednesday that it registered a profit after three consecutive quarterly losses.
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Sony Needs More Than ‘GTA’ and Spider-Man to Lift Stock Further
Investors are looking for reassurance on longer term earnings stability from Sony Group Corp. to help extend the nascent rebound in its shares.
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American Action Pres. Reacts To Midterm Election Results
Douglas Holtz-Eakin, President of the American Action Forum, says Democrats taking control of both chambers is bad news for the U.S. fiscal outlook. He expects larger deficits as the White House and Congress negotiate spending, including…
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John Chambers Makes the Case for AI, Calling It a Win for Society
John Chambers, founder of JC2 Ventures and former CEO of Cisco, says he was not surprised by the pace of AI growth or capital formation, noting that he backed AI startups nine years ago. He speaks on "Bloomberg The Close." (Source…
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Morgan Stanley’s Monica Guerra on Dem’s Midterm Sweep
Monica Guerra, Executive Director and Head of Policy and Geopolitical Strategy at Morgan Stanley Wealth Management, says clients’ main question after the Democratic victory was what comes next. She argued that divided government could…
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Carney Minister LeBlanc Warns Trump Tariffs Persist After Democrat Midterm Wins
Plus: Canada to tackle homelessness in budget
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Asian Stocks to Rise as Oil Slides After US Vote: Markets Wrap
Asian stocks were poised to follow Wall Street higher after a Democratic sweep in the US midterm elections sent oil plunging on hopes the monthslong conflict with Iran may end sooner.
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Trump: War Hurt GOP, Stocks Surge, Dems to Target War, Tariffs
Source: Bloomberg, 0:00
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