US Existing-Home Sales Rise for First Time in Four Months
Sales of US existing homes rose in September for the first time in four months to an annualized rate of 3.99 million. Michael McKee reports on "Bloomberg Open Interest."
Sales of US existing homes rose in September for the first time in four months to an annualized rate of 3.99 million. Michael McKee reports on "Bloomberg Open Interest."
InMode (NASDAQ:INMD) provided preliminary third-quarter 2026 revenue expectations of $91.8 million to $92 million and reiterated its full-year revenue forecast.
Apple unveiled a new device called the HomeView, a $299 display that serves as the centerpiece of its push into the smart home market. The product will be available Nov. 13. Ryan Vlastelica reports on Bloomberg Television.
Rory McIlroy, six-time major golf champion and career grand slam winner, says he would welcome back LIV Golf players to the PGA Tour. He says it would be good for the entire sport and business. He speaks to Mishal Husain, editor-at-large, Bloomberg; host of The Mishal Husain Show, at the Bloomberg New Economy Forum in New Delhi.
Seema Shah of Principal Asset Management sees opportunity in bank stocks despite recent weakness. She says earnings, consumer health and the yield curve will be key, with a steeper curve potentially creating a more attractive entry point. She spoke on Bloomberg Brief.
Morgan Stanley Chief US Equity Strategist Mike Wilson says the market correction started in June and he thinks the worst is over. Wilson says the US midterm elections are a "clearing event" for markets because he doesn't expect any real policy changes out of Washington. He also shares his views on Federal Reserve policy, bond market volatility and the AI trade on "Bloomberg Surveillance."
Waleed Al Muhairi, group deputy chief executive officer at Mubadala Investment Co., joins Bloomberg's Haslinda Amin on the sidelines of the Bloomberg New Economy Forum in New Delhi. He highlights the opportunity he sees across Asia, saying "Asia's growing and Asia has so many fundamental advantages that it would be remiss for us not to participate in its growth."
Citigroup's fixed-income traders beat analysts' expectations with their best third quarter in at least a decade, sending the bank's revenue for the period to one of its highest levels ever. The better-than-expected fixed income, currencies and commodities trading and services results helped offset a more sluggish quarter from Citi's business advising clients on mergers and acquisitions. Kristine Aquino reports on Bloomberg Television.
Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines whether continued attacks in Saudi Arabia by Yemen's Houthis could draw the United States into defending the kingdom. He speaks on Bloomberg Television.
Goldman Sachs Group's equities traders reported revenue of $6.44 billion for the three months through September, topping expectations. The firm's fixed-income and rates-trading counterparts fell far below Wall Street's estimates in the third quarter. Kristine Aquino reports on Bloomberg Television.
JPMorgan Chase & Co. reported the first decline in more than two years in fixed income, currency, and commodities sales and trading revenue for the third quarter, falling short of the average analyst estimate at $5.37 billion. Equity trading was the standout for the bank, notching $4.95 billion in the quarter. Kristine Aquino reports on Bloomberg Television.
A rout in Asian chipmakers led the MSCI Asia Pacific Index to its lowest since August as investors grow uneasy about whether massive AI spending will pay off. Matthew Bloxham of Bloomberg Intelligence has more.
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