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Wall Street’s biggest trading desks are urging clients to increase their exposure to US stocks, betting that lackluster investor positioning leading up to the midterm elections has created room for a year-end rally.
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CFRA Research Senior VP and Equity Analyst Angelo Zino discusses Qualcomm’s latest quarterly results and outlook. Speaking on "Bloomberg The Close," Zino expects a lower gross margin profile as Qualcomm shifts away from handsets. (Source…
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Democrats’ decisive victory has reshaped Washington. What’s next for Wall Street, the economy and your money? Bloomberg journalists answer your questions in a Live Q&A on Thursday, Nov. 5 at 9:45 a.m. EST.
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Source: Bloomberg, 0:00
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Democrats swept into power in Congress on Tuesday, with outrage over the cost of living and the war in Iran leading to a thundering rebuke of President Donald Trump and his party just two years after his dominant White House comeback…
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Democrats’ strong showing in the midterms created new market winners and losers.
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Brazil’s central bank held its interest rate steady, snapping a streak of five straight cuts after President Luiz Inácio Lula da Silva’s surprise reelection roiled financial markets and worsened the inflation outlook.
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Source: Bloomberg, 0:00
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A sweeping midterm victory has elevated Democratic governors and senators, while complicating the path for GOP hopefuls tied to the Trump administration.
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It’s unclear if undoing the president’s agenda will bring back the voters from 2024.
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and Tim Stenovec. (Source: Bloomberg)
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Snap Inc. fell after the company reported third-quarter ad revenue and user growth that missed estimates, with Chief Executive Officer Evan Spiegel acknowledging that “advertising revenue growth remains below our ambitions.”
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Source: Bloomberg, 0:00
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LIV Golf is facing liquidation after a restructuring deal to restart the league fell through, according to a person familiar with the situation.
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Source: Bloomberg, 0:00
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Goldman Sachs Group Inc. and Apollo Global Management Inc. are in talks with Wall Street investors to start selling portions of a roughly $40 billion chip financing deal for SpaceX, just as the AI boom braces for upheaval following a…
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Arm Holdings Plc gave a revenue forecast for the current period that met analysts’ estimates, a sign its push into data center computing is helping offset a slump in the smartphone market.
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Democrat Representative from Maryland Glenn Ivey, said that some voters, like young Latino men, were 'Trump curious, but now they're Trump furious' as they switched their vote from the president in 2024 to Democrats in the Midterms. Ivey…
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Qualcomm Inc., the largest maker of smartphone processors, gave a lackluster forecast for profit in the current quarter, a sign the company is still grappling with higher component prices.
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MercadoLibre Inc. shares plunge after the company posted third quarter earnings that missed profit estimates as investors weigh whether the company’s heavy investments translate into stronger profitability over the long run.
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People from all over are coming for rare Toyota and Nissan models immortalized by the movie franchise.
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