CNBC · Apr 13, 2026, 5:16 PM
The firm, which manages $14 trillion for clients, said in its weekly market note that it raised the rating a notch to overweight from neutral.
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The firm, which manages $14 trillion for clients, said in its weekly market note that it raised the rating a notch to overweight from neutral.
Chevron Corp. is set to expand its oil footprint in Venezuela, benefitting from its almost 20-year bet to remain in the country amid political and economic turmoil.
Chevron Corp. agreed to an asset swap with Venezuela that will significantly expand its oil operations in the country after remaining there for decades amid political and economic turmoil.
President Donald Trump in May 2025 posted an apparent AI image depicting himself as a Catholic pope after the death of Pope Francis.
President Donald Trump has denied sending a bawdy 50th birthday letter to his then-friend Jeffrey Epstein at the request of Ghislaine Maxwell.
As streaming costs go up, viewers are looking for better deals — and many say they’d watch more ads for lower prices, a new survey shows.
A radical change in investor thinking.
Investment bankers are hitting the road to raise more than $15 billion across initial public offerings in the coming weeks, nervously eyeing market volatility as a standoff with Iran threatens a fragile ceasefire.
The Iran war has turned counterdrone technology into the defense sector’s fastest-growing niche.
A leading chocolate confectionery company has been hit by unannounced raids by the European Union’s antitrust arm over concerns it may have breached the bloc’s cartel and abuse of dominance rules.
The stock market’s “Halloween Indicator” is statistically significant during just one year of the presidential cycle.
President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
Revolution Medicines' drug for pancreatic cancer succeeded in a highly anticipated Phase 3 trial, the company said.
Treasury yields rose fractionally Monday as the price of global crude oil benchmarks climbed about 7%, once again clouding the U.S. inflation outlook.
Soaring demand for insurance coverage related to data center construction is creating a “meaningful growth opportunity” for the industry, outstripping some traditional insurance markets, according to S&P Global Ratings.
While streaming continues to drive media stocks, especially around quarterly earnings, it's not clear when it will start driving profits for smaller players.
The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports, with the escalation pushing oil prices higher but not rattling U.S. stocks that much.
"There are some hidden costs to using AI companions that most people aren't aware of," says social psychologist Tessa West.
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Tensions spike in the Middle East as President Trump threatens to strike Iranian vessels in the Strait of Hormuz, sending oil back above $100 and rattling global markets. Goldman Sachs kicks off earnings season with a surprise drop in bond trading, even as equities shine. We break it all down with Leslie Vinjamuri joins the show on geopolitical risk and diplomacy, KBW's Chris McGratty on what’s next for big banks, and Slate Auto CEO Peter Faricy on his bold plan to disrupt the EV market with a $20K electric pickup. (Source: Bloomberg)
The luxury sector had shown some signs of a long-awaited recovery after a years-long slump prompted by soft demand from Chinese consumers.
The U.S. chipmaker has announced recent deals with Google and Elon Musk as it continues to gain investments.
It’s “a move away from a one-size-fits-all framework for Alzheimer’s disease.”
The U.S. blockade would apply to "any and all Ships trying to enter, or leave, the Strait of Hormuz," President Donald Trump said.
U.S. President Donald Trump has threatened to impose a 50% tariff on China, after a report on Sunday that Beijing was preparing a weapons shipment to Iran.