United States Breaking News

TROOPS (NASDAQ:TROO) announced a merger agreement with EFFORCE Group, a blockchain infrastructure company focused on digital assets and sustainability-related technology solutions.

Broadcom CEO Hock Tan likened AI investing to gambling, saying many investors do not understand what they are backing and have extreme expectations. Bloomberg Intelligence's Mandeep Singh has more on financing markets and AI on "Bloomberg Open Interest."

Xponential Fitness (NYSE:XPOF) announced that its board of directors adopted a limited-duration stockholder rights plan as the company continues reviewing strategic alternatives to maximize shareholder value.

Steris (NYSE:STE) announced an agreement to acquire Xodus Medical, a Pennsylvania-based medical equipment company, in a transaction valued at $2.1 billion.

Veronica Clark, US economist at Citi Research, points to slowing economic activity outside of Artificial Intelligence and suggests that a modest increase in inflation could keep the Federal Reserve on hold in October and December. She speaks on "Bloomberg Surveillance."

Salesforce (NYSE:CRM) announced a definitive agreement to acquire Loops, an artificial intelligence analytics platform that tracks business performance, explains metric changes, and identifies potential improvement areas.

T. Rowe Price Group (NASDAQ:TROW) reported preliminary assets under management of $1,863 billion as of September 30, 2026, compared with $1,897 billion on August 31 and $1,893 billion on June 30.

Mirum Pharmaceuticals (NASDAQ:MIRM) announced topline results from the Phase 3 EXPAND study evaluating LIVMARLI (maralixibat) in patients aged 6 months and older with ultra-rare cholestatic liver diseases, including biliary atresia.

IonQ (NYSE:IONQ) announced a definitive agreement to acquire Elisity, Inc., a Zero Trust security company, in an all-stock transaction valued at up to $1.3 billion, including a potential $150 million earnout.

Ukrainian President Volodymyr Zelenskyy said on Monday that energy infrastructure has continued to be hit by Moscow's air strikes, violating an energy ceasefire announced by US President Donald Trump. Tyler Kendall reports on Bloomberg Television.

X-Bow Systems announced that it was selected by Leidos (NYSE:LDOS) to develop and manufacture solid rocket motor booster systems for the U.S. Army’s Low-Cost Containerized Munition (LCCM) program.

Dot Ai (NASDAQ:DAIC) completed the acquisition of Envoy Technologies from BladeRanger through an all-stock transaction valued at approximately $65 million, using common stock and Series C Convertible Preferred Stock based on an agreed $6 reference price.