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U.S. stocks surged Tuesday on growing optimistic about a potential end to the the Iran war.
The National Football League has approved the sale of 7% of the Las Vegas Raiders at a valuation of more than $11 billion.
More funds run by Cathie Wood’s Ark will have positions in the ChatGPT creator.
Oil steadied as traders weighed the outlook for the Middle East war, with Iran and the US signaling openness for a resolution to the conflict that’s caused chaos across global energy markets.
Oil was steady as US President Donald Trump again signaled the potential end to the Iran war that’s roiled markets, even after more troops arrived in the region and Tehran said no peace talks were taking place.
Oil edged higher as traders weighed President Donald Trump’s call that the Iran war could end within weeks against more US troops arriving in the region and the continued near-closure of the Strait of Hormuz.
Oil fluctuated as traders weighed President Donald Trump’s call that the Iran war could end within weeks against more US troops arriving in the region and the continued near-closure of the Strait of Hormuz.
Oil dropped after President Donald Trump again signaled the potential end to the Iran war that’s roiled markets, even as the Strait of Hormuz remains largely closed and more US troops arrived in the region.
With Microsoft losing almost a quarter of its value this year, investors have reset the company's earnings multiple to the lowest since late 2022.
Carson Block, founder and CEO of Muddy Waters Research, explains his bearish outlook on credit markets, highlighting expectations for credit spreads to widen significantly. He speaks during an interview on "Bloomberg The Close." (Source: Bloomberg)
I found the AI-generated answers so convincing that I didn't realize I was missing some important context.
Nike has shown some gains in North America, its largest market, amid its turnaround, but the strength was offset by weakness in China.
Ellen Wald, president of Transversal Consulting and senior fellow at the Atlantic Council, said that despite high oil prices she feels the price of brent should be even higher to reflect the reality of the situation amid the war with Iran. Wald said that the US could better insulate itself from the impacts of future energy crises by improving the interdependence between the US, Canada and Mexico in North American oil production. (Source: Bloomberg)
Energy stocks have fared well as crude-oil prices have shot up, but one other industry group has also done well since the U.S. and Israel attacked Iran on Feb. 28.
Trump has put pressure on Congress to pass the SAVE America Act, a measure that would require photo identification and proof of U.S. citizenship to vote.
Stew Leonard Jr, president and CEO of grocery store Stew Leonard's, said that grocery store owners don't want to raise prices on consumers, but that the landscape of high fuel and food prices has made it tough to maintain profit margins. (Source: Bloomberg)
Two ships carrying jet fuel are headed from New York to England as the war in Iran throws global aviation fuel supply into disarray.
Singapore-based investor Circulate Capital, which invests in and finances firms that recycle plastics and create eco-friendly packaging, has raised $220 million for a second Asia fund despite a global downturn in demand for environmental, social and governance funds.
Greece’s stock market was upgraded to developed-market status by MSCI Inc., marking a milestone in the country’s recovery from its decade-long debt crisis.
Greece’s stocks were upgraded to developed-market status by MSCI Inc., marking a milestone in the country’s recovery from a debt crisis that at the time was a key threat to the euro-area economy.
Greece’s stocks were upgraded to developed-market status by MSCI Inc., marking a milestone in the country’s recovery from a debt crisis that at the time was a key threat to the euro-area economy.
Apple is going against its founding mission from 50 years ago by standing in the way AI coding, or vibe-coding.
On a recent Friday night, the US made two drastic moves that could end up altering the future of artificial-intelligence-powered warfare. Just after 5 p.m. Eastern time on Feb. 27, Donald Trump’s administration declared that Anthropic PBC, the $380 billion startup whose Claude-branded AI products have recently become ubiquitous, was a supply chain risk. In addition to making consumer-facing chatbots and coding tools, Anthropic had major contracts to provide AI services to the military. That relationship had gone sour when the company refused to allow its tech to help enable mass domestic surveillance or fully autonomous weapons, while the government said it should be able to use the tech for all lawful purposes. Bloomberg Katrina Manson discusses her new book Project Maven (Source: Bloomberg)
Freshfields Partner and Co-Head of US Corporate and M&A Ethan Klingsberg discusses navigating regulation, key M&A strategies, and why we may see 'transformative M&A' in the next few months. He talks with Bailey Lipschultz and Katie Greifeld on "The Close." (Source: Bloomberg)