Wall Street expects earnings to reach a four-year high. That’s too conservative, according to Deutsche Bank.
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Wall Street expects earnings to reach a four-year high. That’s too conservative, according to Deutsche Bank.
The Democratic Republic of Congo raised $1.25 billion from its first sale of dollar bonds, taking advantage of a ceasefire in the war between the US and Iran.
“I doubt he would pass anything on to them.”
Wall Street expects earnings to reach a four-year high. That’s too conservative, according to Deutsche Bank.
Apparel retailers could see an up to $13 billion annual boost in spending because of GLP-1 drugs, according to an estimate by equity research firm Bernstein.
Meta's additional spending commitments with CoreWeave will be deployed from 2027 to 2032.
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire.
Morgan Stanley rolls out its first Bitcoin fund.
Emerging-market stocks and currencies fell for the first time in five days as a shaky start to the Middle East ceasefire again pushed up oil prices.
Michele Della Vigna, head of EMEA natural resources research at Goldman Sachs, discusses the outlook for energy industry investment with the Strait of Hormuz becoming "more risky" and US shale "peaking." Speaking on Bloomberg Television, Della Vigna says the US-Iran conflict has created a new oil-price equilibrium. "The industry has been underinvesting in hydrocarbons for too long," he adds. (Source: Bloomberg)
The reckoning facing private markets has only just begun with a wall of software debt set to mature
The reckoning facing private markets has only just begun with a wall of software debt set to mature
Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict. Bloomberg's Dan Williams reports. (Source: Bloomberg)
Allowing Iran to charge tolls for transit through the Strait of Hormuz would mark a dangerous and unacceptable precedent, according to the head of the world’s main shipping watchdog.
The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikely.
Earnings expectations will need to be tempered because of the inflationary fallout from the war in the Middle East, according to BlackRock Inc.’s Helen Jewell.
In an annual foreign policy speech, Cooper is expected to say that shipping must be toll-free through the strategically vital Strait of Hormuz.
Hulk Hogan’s waterfront Florida “cottage” has been put on the market for $4.5 million, just two months after his primary residence—where he died in July 2025—was listed for just under $11 million.
Traffic through the Strait of Hormuz has yet to see a meaningful rebound and this could continue for weeks, warn shipping experts.
BYD announced Wednesday a partnership with KFC China to develop a network of "nine-minute" drive-thrus across the mainland.
Traders wary that traffic through the Strait of Hormuz is still restricted.
A bond fund which delivered a positive return during last month’s global debt selloff is betting yield curves will steepen globally as governments pursue expansive fiscal policies to cushion the blow of the energy shock.
There has been little change in shipping traffic in the Strait of Hormuz after Iran and the US agreed to a pause in fighting in exchange for the unblocking of the vital waterway. Two fully laden Chinese oil tankers are waiting near the Strait, putting them in a position to become the first such vessels to leave the Persian Gulf. Bloomberg's Weilun Soon reports. (Source: Bloomberg)
Arsenio Dominguez, the Secretary General of the International Maritime Organisation, on the significant disruption of the Strait of Hormuz. He says 'we will not be discussing alternative mechanisms to what has been working for decades'. He speaks with Bloomberg's Anna Edwards and Guy Johnson on 'The Opening Trade.' (Source: Bloomberg)
Right now, when you think about prediction markets, you basically think about two main companies: Polymarket and Kalshi. And then when you think of what's being traded on those platforms, there's a whole range of stuff from elections to sports to real economic outcomes. But at least in theory, prediction markets could be a popular instrument for professional, institutional traders. Thomas Peterffy is the founder and chairman of Interactive Brokers, one of the most successful and groundbreaking electronic brokerages for both institutions and serious retail traders. Now Interactive Brokers is getting into the predictions space. In this episode, we talk to Peterffy on why he believes prediction markets will be the next big thing in markets, why he thinks his firm could be a major player, and what it will take to transform the space from a large curiosity to something seriously used by institutions. (Source: Bloomberg)