ARC Resources shareholders approve C$22 billion Shell deal
ARC Resources shareholders approved its approximately C$22 billion acquisition by Shell (NYSE:SHEL), with 99.54% backing the arrangement.
ARC Resources shareholders approved its approximately C$22 billion acquisition by Shell (NYSE:SHEL), with 99.54% backing the arrangement.
ASML (NASDAQ:ASML) reported Q2 2026 net sales of €9.3 billion and raised full-year guidance to €43–€45 billion, which the company linked to stronger AI-related chip demand.
Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
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."
Andrew Balls, chief investment officer for global fixed income at Pacific Investment Management Co., says the Federal Reserve will "probably" keep rates on hold this year. Speaking on Bloomberg Television, he also discusses the outlook for Treasury yields.
Jan Philipp Schmitz, Executive President at Ardian, discusses the French private equity firm's business and opportunities in Asia. He speaks exclusively on "Bloomberg: The China Show."
Plumas Bancorp (NASDAQ:PLBC) reported record Q2 2026 net income of $9.9 million, or $1.43 per basic share.
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.
Peace between US & Iran has faltered after American forces reimposed a naval blockade and launched airstrikes. Meanwhile Tehran attacked oil tankers sailing through the Strait of Hormuz. Megan Sutcliffe, Middle East Principal Analyst, at Sibylline spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the situation in the region.
Bob Sternfels, global managing partner at McKinsey & Co., says the firm is on the edge of a possible "golden age" as companies seek help with issues such as artificial intelligence. McKinsey has cut staff from its support teams on the back of the AI wave but is hiring more consultants "in record numbers" and is set to grow headcount overall, Sternfels tells Bloomberg's Francine Lacqua.
Deloitte APAC Sports Business Group Leader James Walton explores how the 2026 FIFA World Cup has evolved into a global commercial ecosystem. The tournament has reportedly generated a record-breaking $2.8 billion in sponsorship revenue. He speaks with Haidi Stroud-Watts on "Insight with Haslinda Amin."
China's economy slowed more than expected last quarter to the weakest in more than three years. Here's what it means.