JPMorgan's Craig on AI Valuation Concerns
JPMorgan Asset Management Global Market Strategist Kerry Craig speaks to Bloomberg TV about the ongoing concerns over AI valuations after an AI-fueled forecast from Micron shattered estimates.
JPMorgan Asset Management Global Market Strategist Kerry Craig speaks to Bloomberg TV about the ongoing concerns over AI valuations after an AI-fueled forecast from Micron shattered estimates.
The Australian Bureau of Statistics reported that the national seasonally adjusted unemployment rate fell to 4.4% in May.
Lendlease (ASX:LLC) executed an agreement to divest its remaining 25.1 per cent interest in Keyton for $525 million.
Flagship Minerals (ASX:FLG) has agreed to sell its total stake in a Thailand lithium project for US$4 million.
GTN (ASX:GTN) expects its full-year group revenue to fall within a range of $150 million to $155 million.
David McGuinty, Canadian Defence Minister, discusses his trip to Tokyo, where he met with his counterpart, Japanese Defence Minister Shinjirō Koizumi, to discuss cooperation and investment into the defense industry. He says the nation is planning to send more warships to the region, to increase presence in Japan, Korea and the Philippines. He speaks exclusively with Shery Ahn on "Bloomberg: The Asia Trade"
Tech firm StepChange (ASX:STH) expects its full-year revenue to exceed $55 million following operational momentum.
Echo IQ (ASX:EIQ) executed a binding agreement for a proposed investment of up to $20 million and a partnership with Pro Medicus (ASX:PME).
Anthropic PBC accused Alibaba Group Holding Ltd. of waging a large-scale effort to "illicitly" access its Claude artificial intelligence model using thousands of fraudulent accounts. Bloomberg's Maggie Eastland has the latest.
Middle East conflict disruptions will reduce Worley (ASX:WOR) financial year 2026 underlying earnings by up to $60 million.
Judo Capital (ASX:JDO) or Judo Bank, updated its financial year 2026 forecasts, predicting a cost of risk up to $122 million.
Mineral Resources (ASX:MIN) announced that it will shutter its Lucky Bay garnet mine in Western Australia.