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On this episode of Stock Movers: - EchoStar (ECHO) is gaining on news Elon Musk's SpaceX is looking to start a wireless service with Echostar. - Lumentum (LITE) is moving on news Marvell Technology has reached a deal to buy Lumentum at an…
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Gold is trying to recover after its worst October since 2008, but market jitters are turning the metal into a source of liquidity, not a safe haven. Suki Cooper, Standard Chartered Global Head of Commodities Research explains the pressure…
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As voters head to the polls, Kim Wallace, of 22V Research and a former Treasury Department Assistant Secretary for Legislative Affairs, joins Bloomberg Open Interest to weigh whether a Democratic surge could shift markets’ view of…
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Just one week on from the Budget, events threaten the “breathing space” No. 10 tried to create.
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Anthropic PBC reported third-quarter revenue of nearly $17 billion as of Sept. 30, a twelve-fold increase versus the same period a year ago that’s set to stoke anticipation for the artificial intelligence lab’s potentially record-breaking…
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Fox Corp. Chief Executive Officer Lachlan Murdoch acknowledged a steep decline in viewership on Fox News ahead of midterm elections and attributed it to “viewer fatigue.”
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Dealmaking tied to the AI boom continues to deliver on Wall Street.
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Brazilian crypto broker Mercado Bitcoin said it would absorb a $40 million loss and that no customer losses were expected after a hack on Monday, the latest in a series of attacks on digital-asset platforms.
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Source: Bloomberg, 0:00
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European Central Bank President Christine Lagarde resigned in order to start a new chapter in her career, according to the Bank of France chief.
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Marvell Technology Inc. has reached a deal to buy Lumentum Holdings Inc. at an enterprise value of $115 billion. Paul Sweeney breaks down the deal on Bloomberg Radio. (Source: Bloomberg)
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Cerca Trova Restaurant Group, once the biggest franchisee of Outback Steakhouse restaurants, filed bankruptcy Monday, blaming factors including rising food costs and California’s minimum wage law for its demise.
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Russia will temporarily allow the use of data centers outside of its borders after a series of Ukrainian attacks that targeted tech giant Yandex’s facilities.
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Source: Bloomberg, 0:00
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With stronger nominal growth, persistent inflation and an AI-driven investment boom reshaping the macro backdrop, investors may need to rethink traditional stock and bond allocations. Anwiti Bahuguna, co-chief investment officer of…
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Lenders are assessing measures that might be needed for the most affected customers.
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Anthropic PBC reported nearly $17 billion of revenue for the third quarter as of Sept. 30. The artificial intelligence lab saw a twelve-fold increase versus the same period a year ago ahead of their potentially record-breaking IPO…
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US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly…
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As gold heads toward its worst annual loss in more than a decade, investors are gauging the odds a political shift in the US will restore the precious metal’s haven allure.
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The credit chief for Canada’s largest pension sees signs of “bubble-like” exuberance in the rush to finance AI, cautioning that investors should scrutinize their exposure to the nascent technology.
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US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.
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President Donald Trump told Fox News he could become "Mr. Veto" if Democrats take control of Congress. Plus, a Democratic congresswoman flips and is now supporting a Republican for Michigan's US Senate seat. Bloomberg's Tyler Kendall…
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Source: Bloomberg, 0:00
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Source: Bloomberg, 3:58
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