News
Headlines and source snippets from major financial publishers. We link out to the original reporting.
Sunrun Inc.’s stock jumped as much as 31% after the home solar provider announced it will partner with Tesla Inc. and Renew Home to provide power for data centers and utilities across the US.
Read at sourceArgentina debe pagar US$4.200 millones en julio y ya tiene los dólares asegurados. La estrategia de Caputo de evitar el mercado internacional le permitió obtener financiamiento a una tasa menor al 7%, frente al 10% que habría pagado en el exterior. (Source: Bloomberg)
Read at sourceTwo of the world’s largest technology companies swiftly raised C$22.5 billion ($15.8 billion) in the Canadian debt market to support their spending plans on artificial intelligence. Investors are now eagerly awaiting another one.
Read at sourceFamed value investor Seth Klarman offered a surprising answer at a conference this month when asked where he’s seeing opportunities in the world of distressed assets.
Read at sourceOn this episode of Stock Movers with Alexis Christoforous: - Cerebras (CBRS) shares are lower after the company gave an annual sales forecast that disappointed investors. Revenue in 2026 will be $855 million to $865 million, Cerebras said, while analysts projected $824.8 million. - FedEx (FDX) is dipping after it reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs. The company's profit margin for the past quarter declined to 8.
Read at sourceGargi Chaudhuri, BlackRock's chief investment and portfolio strategist, Americas, says there are "tremendous" opportunities in the front-end and belly of the yield curve on "Bloomberg Open Interest." (Source: Bloomberg)
Read at sourceDarrell Cronk, Wells Fargo Wealth and Investment Management CIO, says zero interest rate hikes by the Federal Reserve are baked into their forecast that says the S&P 500 will reach 7,900 by the end of this year. He says markets are not in a selloff, he says this is a "rotation within equities." He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Read at sourceArgentine Economy Minister Luis Caputo’s strategy of resisting calls to raise funds in international markets appears to have paid off.
Read at sourceUS President Donald Trump ordered the Department of Justice to look into gasoline prices, saying in a Truth Social post, “Prices better start going down a lot faster than what I’m seeing!” Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Read at sourceJPMorgan Chase & Co. believes US stocks are approaching their “blue sky” scenario, highlighting stronger-than-expected earnings growth and a potential peace deal to end the Iran war as key drivers.
Read at sourceA closely-watched oil market indicator flipped into a bearish structure for the first time since February, as the US-Iran agreement to reopen the Strait of Hormuz boosts flows from the Middle East.
Read at sourceThe meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co., the fast-food chain known for the Frosty, Dave’s Triple burger and the Biggie Deal.
Read at sourceSK Hynix Inc. is seeking 45.45 trillion won ($29.4 billion) in a US listing, tapping investor demand for high-flying memory-chip stocks even after a major selloff shook the group this week.
Read at sourceHertz Global Holdings Inc. shares tumbled the most in two years after the car renter warned profit this quarter is trending toward the low end of its expectations and announced offerings of shares and notes.
Read at sourceBitcoin spent years trying to shed its reputation as a playground for speculative retail traders. Its latest selloff is exposing the tradeoff: Wall Street brought scale and legitimacy, but the retail buyers who once helped absorb sharp declines have largely vanished.
Read at sourceDaan Struyven, co-head of global commodities research at Goldman Sachs, explains the three reasons why oil prices are coming down so quickly following the US and Iran reaching an interim peace agreement and says analysts and investors “underappreciated the flexibility” in global oil markets during the conflict. (Source: Bloomberg)
Read at sourceTreasury Secretary Scott Bessent indicated that US talks with Iran include the longtime American adversary joining the dollar system and invoicing its oil sales in the greenback.
Read at sourceQualcomm Inc. said it is acquiring Modular Inc., for about $3.9 billion in stock, adding artificial intelligence software capabilities that will aid its push into data centers.
Read at sourceEmily Chang meets Nobel Prize-winning scientist and University of California, Berkeley, Professor Jennifer Doudna to discuss the origins of CRISPR, other breakthroughs in gene editing and what Silicon Valley gets wrong about the future of biology. (Source: Bloomberg)
Read at sourcePetrobras and Pemex have agreed to work together to discover, produce and refine oil.
Read at sourceThe surge in new data centers for artificial intelligence is translating into growth for the US electricity sector, and Canadian nuclear company AtkinsRealis Group Inc. wants in.
Read at sourceA group of British commodity day traders have offered to donate £1 million ($1.3 million) to charity to close a UK competition probe that looked at whether the sharing of potentially sensitive information distorted markets.
Read at sourceDubai Holding is exploring an investment in private equity-backed data center builder Hscale, people familiar with the matter said, as it seeks to grow its European portfolio.
Read at sourceUS equity futures edge higher ahead of earnings results from Micron, after the Nasdaq 100 closed down by more than 3%. SK Hynix plans to raise $30 billion in a US listing to meet memory chip demand. Oil extends decline amid ongoing US-Iran talks. Max Kettner of HSBC sees an expiry date to US exceptionalism in the near term. (Source: Bloomberg)
Read at sourceEquity markets steadied after a brief selloff in top-performing technology names, with Micron’s earnings taking on added significance as a test for the rally in artificial intelligence stocks. Micron’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhe
Read at sourceUK bank stocks are well placed to catch up to the loftier valuations of European peers in coming years as they benefit from above-par growth in profitability and stronger capital generation, according to Berenberg analysts.
Read at sourceIn hindsight, the beginning of the end for the debasement trade can be traced back to Jan. 30.
Read at source"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Joyce Chang, JPMorgan Global Research Chair; Clemens Fuest, Ifo Institute President; Miljan Gutovic, Holcim CEO; Benoit Bazin, Saint-Gobain CEO. (Source: Bloomberg)
Read at sourceHedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector.
Read at sourceMax Kettner, chief multi-asset strategist at HSBC, says investors may want to be “perhaps really leaning a bit more into that European story,” as he sees an August expiration date on US exceptionalism. (Source: Bloomberg)
Read at sourceEurope’s electricity system is under mounting pressure from an intense heat wave, with extreme swings in power prices as soaring temperatures drive up demand and curb output.
Read at sourceInvestors are maxing out the AI trade, setting the stock market up for a volatile summer.
Read at sourceThe European Union’s competition chief has warned nations against overusing tactics such as citing security risks to stymie bank deals needed to boost the economy.
Read at sourceIndonesia is requiring financial influencers to disclose paid promotions and obtain licenses to recommend assets as Southeast Asia’s largest economy joins a global movement to tighten oversight of the social media personalities.
Read at sourceIndia’s benchmark bond yields and swap rates fell to their lowest levels in three months as the nation’s central bank Governor pushed back against expectations for tighter monetary policy.
Read at sourceSome Indian state-run financial institutions are planning to raise overseas loans of as much as $2 billion using a central bank facility for borrowing at concessional rates, according to people familiar with the matter.
Read at sourceSouth Korea has delayed a plan to launch weekly single-stock options on shares including SK Hynix Inc. and Samsung Electronics Co., the latest sign regulators are becoming jittery after wild stock-market swings.
Read at sourceThe volatility in South Korea’s benchmark equity index has become so extreme that investors and analysts are likening the market’s surging intra-day swings to the meme-stock frenzy.
Read at sourceParamount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. is raising questions over filmmakers’ ability to reach audiences in the European Union, according to the bloc’s antitrust chief.
Read at sourceContemporary Amperex Technology Co. Ltd. expects 10,000 to 20,000 electric vehicles to carry its sodium-ion batteries this year, a senior official for the Chinese company said.
Read at sourceHedge funds are set to be excluded from a requirement that would force investment managers in Europe to categorize whether their products are ESG or not.
Read at sourceSK Hynix Inc. is planning to raise 45.45 trillion won ($29.4 billion) in a landmark US listing, as companies along the artificial intelligence supply chain rush to increase capacity to meet memory chip demand.
Read at sourceMicron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally.
Read at sourceRheinmetall AG shares plunged Wednesday as Germany withdrew from a key warships contract, dealing a blow to investor confidence in the defense contractor following years of huge gains.
Read at sourceTankmaker KNDS started the process to hold an initial public offering in Frankfurt and Paris on Wednesday, a step forward in its development as a pan-European defense company. Bloomberg's Charles Capel reports. (Source: Bloomberg)
Read at sourceOil and gas shortages triggered by the US war against Iran should be a lesson to countries to accelerate their energy transitions, according to China’s climate envoy.
Read at sourceThe cost of diesel in the US dipped below $5 a gallon for the first time since mid-March, offering relief for one of the global economy’s most vital inputs.
Read at sourceMSCI Inc. warned Turkey that it may review its index classification if the country doesn’t improve shareholder transparency.
Read at sourceThe European Union Aviation Safety Agency is asking some operators of Airbus SE A380 jets to perform additional special inspections on their aircraft’s wings after identifying possible cracks in the structure.
Read at sourceGuy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Read at sourceThe Bank of Japan sees the risk of inflation exceeding its 2% target and will conduct additional interest-rate hikes appropriately, Governor Kazuo Ueda said in speech Wednesday that reiterated policymakers’ recent messaging.
Read at sourceBillionaire Gautam Adani said his giant conglomerate will embark on a new 10 gigawatt nuclear power initiative to help improve India’s energy security, in his first public speech since resolving his legal troubles in the US.
Read at sourceAsian refiners have slowed purchases of Middle Eastern crude after a buying spree over the past three weeks, with oil majors and traders stepping in to take some of the surplus barrels.
Read at sourceUS technology stocks were set to rebound on Wednesday after concerns around artificial intelligence valuations wiped out nearly $1.3 trillion from the market capitalization of Nasdaq 100 stocks over two days.
Read at source“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and Avril Hong give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Read at sourceTuya Smart, an AI cloud and IoT platform provider, says growth remains strong despite slowing consumer appliance demand in China. Co-founder and COO, Alex Young, joined Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian and appeared on Insight with Haslinda Amin. (Source: Bloomberg)
Read at sourceHuang Yiping, a member of the monetary policy committee at the People’s Bank of China, says he sees a potential rate cut this year. He joined Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian and appeared on Insight with Haslinda Amin. (Source: Bloomberg)
Read at sourceHorizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Read at sourceMcKinsey Greater China Chairman, Joe Ngai, says China's “Opportunity 2.0” narrative is gaining prominence as innovation, consumption, and advanced manufacturing reshape its growth outlook. He joined Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian and appeared on Insight with Haslinda Amin. (Source: Bloomberg)
Read at sourceAustralia’s central bank is betting the interaction between prices and jobs along the Phillips Curve mean its rapid-fire interest rate hikes will damp inflation without pushing unemployment too high, according to Deputy Governor Andrew Hauser.
Read at sourceIndonesia is poised to allow a significant rise in nickel-mine production later this year, providing relief for local smelters while weighing on global prices of the battery metal.
Read at sourceExtreme weather will continue across northwest Europe through the weekend, testing temperature records, according to weather models and analysis from meteorologists. London is forecast to breach 35C on Wednesday. Bloomberg's Joe Wertz reports. (Source: Bloomberg)
Read at sourceTankmaker KNDS NV started the process to hold an initial public offering in Frankfurt and Paris on Wednesday, a step forward in its development as a pan-European defense company.
Read at sourceBouts of volatility in the artificial intelligence trade are threatening to snowball into a rout as positioning and crowding levels flash red, with traders steeling themselves for a rollercoaster ride into the summer.
Read at sourceSpaceX shares ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the company's market value. The Elon Musk backed company also raised $25 billion of bonds in its debut offer, making it the latest megacap tech firm to tap investors for its AI expansion. Eileen Burbidge, Founding Partner at Passion Capital and Founder of NFG Ventures spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa explained the rally behind SpaceX. (Source: Bloom
Read at source"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Read at sourceA unit of Singapore’s Temasek Holdings Pte. and Oman’s sovereign wealth fund are the investors in a $255 million private credit financing for Vingroup JSC’s hospitality arm, underscoring continued appetite among state-backed investors is such opportunities in Asia.
Read at sourceA supertanker has been provisionally booked to transport oil from the Persian Gulf to India at a rate equivalent to almost nine times benchmark freight costs, an eye-watering price that reflects the shortage of available, empty vessels in the area.
Read at sourceLeveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. probably sold a combined $6 billion of the Korean chipmakers’ shares Tuesday to maintain their ratios, underscoring such products are amplifying market moves, Bloomberg Intelligence says.
Read at sourceA tentative rebound in Asian equities following Tuesday’s global tech-led rout failed to hold as a fresh bout of selling hit the sector. State Street Investment Management's Dan Farley discusses whether the AI rally still has room to go. (Source: Bloomberg)
Read at sourceQatar plans to return to normal liquefied natural gas output within weeks from the undamaged parts of its facility, Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani said in an interview with the Financial Times.
Read at sourceUS President Donald Trump has ordered the Department of Justice to look into gasoline prices, which he says aren’t falling fast enough.
Read at sourceSoftBank Group Corp. is looking to invest in Japan’s biggest power utility to help secure the electricity needed to expand in artificial intelligence, the company’s chief executive officer said.
Read at sourceThe European Union’s regime for monitoring public finances has arguably just passed its toughest health test since a revamp after the pandemic.
Read at sourceIndia’s Shapoorji Pallonji Group has offered bondholders a 30-basis point fee in exchange for approving another extension on debt owed by its unit, according to people familiar with the matter.
Read at sourceBeijing’s No. 2 official played down worries about the disruption wrought by his country’s surging exports on the global economy, championing the benefits provided to the world by China’s development.
Read at sourceIndia’s software exporters are steadily losing their sway on the country’s stock market as concerns over artificial intelligence-led disruption trigger a prolonged selloff in the sector.
Read at sourceThis probably isn’t when it bursts, but there’s room for plenty of over-leveraged damage.
Read at sourceAdvances in artificial intelligence are leveling the field for fund managers, making it easier for boutique firms to compete with big macro and bond investors.
Read at source