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Brookfield Asset Management and the Qatar Investment Authority have reached an agreement to invest £2.5 billion ($3.4 billion) in a data center project with UK power generator Drax Group Plc.
BLOOMBERG CORPORATE ACCOUNTABILITY
Tony Wang, science and technology equity strategy portfolio manager at T. Rowe Price, says the AI boom is not necessarily over, but markets are reassessing its pace, feasibility and long-term returns. Speaking on "Bloomberg The Close,"…
BLOOMBERG CORPORATE ACCOUNTABILITY
Source: Bloomberg, 0:00
BLOOMBERG CORPORATE ACCOUNTABILITY
DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
BLOOMBERG CORPORATE ACCOUNTABILITY
The president’s interior design obsession is taking precedence over more pressing matters.
The IRS has announced higher long-term capital gains brackets for 2027. Here's what investors need to know.