AustraliaBreaking News

Qantas Group has prolonged network reductions through 2026-27, redirecting jets to high-demand Europe routes as Middle East tensions drive jet fuel toward record highs.

Apple shares advanced more than 4% in extended trading to USD 281.31 after the technology giant delivered a fiscal second-quarter performance that significantly surpassed market expectations.

Global monetary policy remains on high alert as the European Central Bank (ECB) and Bank of England (BoE) joined the US Federal Reserve in holding interest rates steady this week.

Kyle Cooke, Founder, Loverboy and Jason Tartick, Co-Founder, Rewired Talent Management; Host, Trading Secrets discuss turning television and social media visibility into scalable businesses and long-term value with Bloomberg's Meg Szabo at Bloomberg House Miami 2026.

Apple delivered second-quarter revenue that edged past analysts' estimates, helped by demand for the iPhone and Mac. Ed Ludlow reacts to the earnings report on "Bloomberg The Close."

Apple Inc. reported revenue for the fiscal second quarter that topped analysts' estimates, helped by demand for the iPhone and Mac.  Revenue jumped 17% to $111.2 billion during the period, which ended March 28, the company said in a statement Thursday. Analysts had expected $109.7 billion. Apple itself had projected sales growth of 13% to 16%. Bloomberg's Anurag Rana and Ed Ludlow join to break it down.

President Donald Trump says Iran's economy is crashing because of the Strait of Hormuz blockade during remarks to reporters at the White House.

Jay Goldberg, Seaport Research Partners semiconductors and electronics senior analyst, reacts to Apple's fiscal second-quarter results. Speaking on "Bloomberg The Close," Goldberg says memory prices could put pressure on Apple's gross margins.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Wayfair CFO Kate Gulliver said despite an earnings miss by the furniture seller the company feels 'great' about the growth outlook. Gulliver said Wayfiar is less focused on when 'challenged' consumers will recover, but the strength of internal initiatives that she believes will drive growth.

President Donald Trump said he would be removing some whiskey tariffs following a visit from King Charles III during remarks to reporters at the White House.