Skip to main content

Crypto Breaking News

Every story in this category, newest first.

Bloomberg

Ethiopia to Start Month-Long Talks to Ease Political Divisions

Ethiopia is set to begin a month-long national dialogue aimed at addressing the country's deep political polarization and divisions to help steer it toward lasting peace and stability. The Ethiopian National Dialogue Commission has identified major areas that need to be discussed. Bloomberg's Fasika Tadesse reports.

Read more: Ethiopia to Start Month-Long Talks to Ease Political Divisions
Bloomberg

JPM's Faller Sees Broadening Case Even as AI Leads Gains

Madison Faller, investment strategist at JPMorgan Private Bank, says that concentration and broadening can exist side-by-side in equity portfolios as investors assess the momentum of the artificial intelligence trade. "AI, and tech broadly speaking, is leading the strength it's doing more of the heavy lifting," Faller tells Bloomberg Television. "But at the same time we are seeing more sectors participate within that, with ten of eleven S&P 500 sectors expected to produce profit growth this quarter."

Read more: JPM's Faller Sees Broadening Case Even as AI Leads Gains
Bloomberg

ASML Raises Full-Year Outlook as AI Spending Grows

ASML lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the company's chip-making machines. Europe's most valuable company expects net sales to grow to between 43 billion ($49.2 billion) and 45 billion this year. Bloomberg's Charlotte Hughes-Morgan reports.

Read more: ASML Raises Full-Year Outlook as AI Spending Grows