Jeremy Siegel, Professor Emeritus of Finance at the Wharton School, discussed the recent market sell-off during a live financial news segment. The conversation focused on the sharp decline in the NASDAQ 100, which was described as an AI-led rout coinciding with climbing yields. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Gene Sperling, President of Sperling Economic Strategies and former director of the National Economic Council, discussed the recent U.S. jobs report, highlighting that the headline numbers were stronger than expected and suggest a low likelihood of recession despite ongoing geopolitical and economic challenges. He noted that while job creation appears broad-based, some gains such as the 70,000 hospitality jobs may be influenced by seasonal factors like World Cup-related hiring. He speaks with Romaine Bostick and Katie Greifeld on "The Close."
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DocuSign's shares declined amid a broadly negative market day following the company's full-year guidance, which failed to excite investors. Allan Thygesen, CEO of DocuSign, discussed the company's AI-powered intelligent agreement management platform, highlighting strong adoption with 40,000 customers currently live on the platform. He speaks with Romaine Bostick and Katie Greifeld on "The Close."
Bloomberg's Bailey Lipschultz breaks down a busy week in SpaceX news, as the aerospace company prepares for an IPO. SpaceX and Google entered into an agreement for cloud services where Google has agreed to pay SpaceX $920 million per month for computing, something Lipschultz says is indicative of the expansion of the scope of work SpaceX is looking to do.
The era of "AI augmentation" — that polite corporate fiction where software was merely a "co-pilot" designed to help humans work faster — has ended.
In its place, 2026 has ushered in a period of cold, clinical replacement.
For decades, the global transition to renewable energy was a project of incrementalism — a slow-moving mosaic of carbon taxes, solar subsidies, and earnest international accords that often felt more aspirational than urgent.
Policy wonks argued over the nuances of the Inflation Reduction Act, while climate activists lamented the glacial pace of the "energy pivot."
For the better part of a decade, the gilded youth of the financial world — the "crypto-native" generation — dismissed gold as a "boomer rock."
To them, the heavy, yellow metal was an analog relic, a petrous souvenir of an era before the lightning-fast efficiency of the blockchain.
For years, the global defence industry existed in a sort of polite exile.
In the era of ESG mandates and the "peace dividend," shares in weapons manufacturers were often treated as the "tobacco stocks" of the new millennium — profitable, perhaps, but unseemly.
Global financial markets entered a state of high-alert Monday morning as President Donald Trump issued a final, televised ultimatum to Tehran, threatening the total destruction of Iran’s industrial infrastructure if the Strait of Hormuz is not reopened by Tuesday evening.
U.S. hiring rebounded more sharply than anticipated in March as the return of striking healthcare workers and seasonal warming bolstered payrolls, providing a temporary reprieve for a labor market increasingly clouded by Middle East conflict and trade volatility.
The U.S. government has begun denying requests from companies seeking refunds for billions of dollars in illegal tariffs, despite a landmark Supreme Court ruling that struck down the levies last month.
Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.
S&P Dow Jones Indices will not shorten its existing eligibility requirements for benchmarks including the S&P 500, closing the door to fast entry for big tech IPOs like SpaceX. Mandeep Singh of Bloomberg Intelligence has more.
Hurco Companies (NASDAQ:HURC) announced its financial results for the second quarter of fiscal year 2026, showing significant momentum in booking activity and improved operational efficiency.
G-III Apparel Group (NASDAQ:GIII), the owner and licensee of a diverse portfolio of fashion brands, reported its financial results for the first quarter of fiscal 2027, highlighting the impact of a significant regulatory refund alongside its strategic pivot toward new brand ownership.
ABM Industries (NYSE:ABM), a prominent provider of integrated facility, engineering, and infrastructure solutions, posted record revenue for its fiscal second quarter of 2026, as the company benefited from significant expansion across its core business segments.
La Rosa Holdings (NASDAQ:LRHC) has released its financial results for the fiscal year ended December 31, 2025, reporting a 17% year-over-year increase in total revenue to $68.5 million.
Tuniu (NASDAQ:TOUR) today announced its unaudited financial results for the first quarter of 2026, demonstrating steady growth in its core leisure travel business.
A months-long dispute between the Trump administration and AI firm Anthropic is showing signs of cooling as the company navigates the final stages of its preparation for a highly anticipated initial public offering.
Gilead Sciences (NASDAQ:GILD) and Lakefront Biotherapeutics (NASDAQ:LKFT) have finalized the acquisition of Ouro Medicines, a strategic move designed to bolster their respective inflammation and immunology portfolios with next-generation T cell engager therapies.
Amneal Pharmaceuticals (NASDAQ:AMRX) has announced encouraging interim data from the Phase 4 ELEVATE-PD clinical trial, which evaluates the efficacy and safety of CREXONT (carbidopa and levodopa) extended-release capsules in patients living with Parkinson’s disease.
Climb Bio (NASDAQ:CLYM) announced initial Phase 1 safety and pharmacokinetic data for its lead product candidate, CLYM116, at the 2026 European Renal Association (ERA) Congress in Glasgow.
