A bidding war for Janus Henderson Group Plc broke out Thursday as Victory Capital Holdings Inc. offered to buy the money manager for $57.04 a share, in a move that topped a previous offer from Nelson Peltz's Trian Fund Management. Bloomberg's Loukia Gyftopoulou reports.
Celsius soared after posting sales which more than doubled from a year earlier following its acquisition of Alani Nu, allaying concerns that a change in distribution channels would disrupt sales.
The Supreme Court's decision blocking Donald Trump's tariff strategy has thrown US trade policy into turmoil. As he scrambles for a new path, we look at what his trade war has accomplished.
Chime issued guidance that topped analyst expectations, driven by rising user growth and strong demand for its digital banking products. Chime CEO Chris Britt joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Snowflake CEO Sridhar Ramaswamy called the current AI-driven moment 'magical.' Snowflake projected product revenue for the current quarter of around $1.26 billion. Ramaswamy discusses the company's results with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Paramount Skydance needs Warner Bros. Discovery to seriously compete against Google, Amazon, and Netflix, says Laura Martin, entertainment and internet analyst at Needham & Co. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Salesforce Inc. gave a strong outlook for long-term sales and announced a large share buyback, helping assuage some of Wall Street's fears about AI disruption of the software industry. "We're well on our way" to $63 billion in annual revenue in fiscal year 2030, Chief Executive Officer Marc Benioff said Wednesday in a statement. Wall Street was expecting $60.3 billion. The company also announced a new $50 billion stock buyback program and increased its quarterly dividend to 44 cents per share. Bloomberg's Anurag Rana joins to discuss.
Marcie Frost, CEO of California Public Employees Retirement System (CalPERS), discusses the pension fund giant's exposure to private markets and portfolio strategy on "Bloomberg Markets."
Warner Bros. Discovery reported lower fourth-quarter sales and earnings, with fourth-quarter revenue declining 6% to $9.46 billion and adjusted earnings before interest, taxes depreciation and amortization shrinking to $2.22 billion. And Paramount Skydance reported fourth-quarter sales and earnings that beat Wall Street projections, with revenue of $8.15 billion and adjusted operating income of $612 million. Bloomberg's Geetha Ranganathan.
The collectible car market is accelerating, fueled by rising demand for so-called modern classic supercars from brands including Lamborghini, Ferrari and Bugatti. Broad Arrow is capitalizing on that momentum. The auction house delivered more than 624-million dollars in total sales last year and expects to generate more than 100-million dollars next week at its Amelia Island auction. Kenneth Ahn, President of Broad Arrow Auctions, joined Bloomberg Open Interest to talk about the market.
Private credit has grown into a $2 trillion market, but as retail investors demand more liquidity, the structure is getting stress-tested. Marc Pinto, the Global Head of Private Credit at Moodys joined Bloomberg Open Interest to talk about the scrutiny surrounding liquidity risks in private credit.
Federal Reserve Vice Chair for Supervision Michelle Bowman says regulators are getting close to releasing a revised version of a bank capital proposal known as Basel III endgame at a Senate Banking Committee hearing.
