United StatesBreaking News

Texas Capital Bancshares (NASDAQ:TCBI), the parent company of Texas Capital Bank, delivered a breakout performance for the first quarter of 2026, characterized by surging profitability and a landmark shift in its capital allocation strategy.

Thermo Fisher Scientific (NYSE:TMO), the global leader in serving science, delivered a strong start to the 2026 fiscal year, reporting first-quarter results that surpassed analyst expectations for both top-line growth and profitability.

PG&E Corporation (NYSE:PCG) today announced financial results for the first quarter of 2026, characterized by steady operational execution and a strategic pivot toward meeting California's surging industrial energy demand.

Dow (NYSE:DOW) reported a challenging start to the 2026 fiscal year, navigating a landscape of depressed pricing and softened global demand.

TAL Education Group (NYSE:TAL), a leading smart learning solutions provider in China, announced its unaudited financial results for the fourth quarter and fiscal year ended February 28, 2026.

Bain Capital (NYSE:BCSF) is exploring a significant divestment in its portfolio company, Bridge Data Centres (BDC), seeking to sell a stake of at least 40% in a deal that could value the Singapore-based infrastructure builder at $5 billion.

STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported first-quarter 2026 financial results that reflected a transitional period for the industry.

SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex "significantly" this year, underscoring surging prices of memory chips that underpin global artificial intelligence development.

Suburban Propane President and CEO Michael Stivala joins Bloomberg Businessweek Daily to discuss the company's current supply and demand outlook as the Iran war weighs on commodities and consumer costs across the board. Stivala says the company's robust domestic supply is keeping inventory levels elevated at a record high. He speaks with Carol Massar and Tim Stenovec.

In another reversal, US President Donald Trump announced a unilateral, open-ended extension of the ceasefire in the Iran war. Now, there's no peace, but no active war either. This may become the new normal: a fragile ceasefire without a formal deal, with tensions simmering, sporadic flare-ups, and oil near $100. A geo-economics analysis by Bloomberg Economics highlights that the war may be settling into a prolonged middle ground: on the one hand, no formal end to the hostilities between the US/Israel and Iran because the underlying differences remain unresolved, and on the other hand, a costly escalation that draws the US deeper into a conflict it doesn't want. Ray Takeyh, Council on Foreign Relations Hasib J. Sabbagh Senior Fellow for Middle East Studies, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

White House National Economic Council Director Kevin Hassett says he supports Federal Reserve Chair Jerome Powell's plan to stay on at the central bank's helm on a temporary basis if a successor hasn't been confirmed by the Senate when his term expires next month.

Jay Hatfield, Infrastructure Capital Advisors CEO and CIO, joins Bloomberg Businessweek Daily to discuss his markets and macro outlook, including his year-end S&P 500 price target of 8,000 which he continues to stand by as markets hit new highs amid the Iran war. Hatfield also adds that even amid broader geopolitical tensions and higher energy prices, "The notion that the US has lost its exceptionalism is ridiculous." On Wednesday, stocks climbed to all-time highs as a slew of strong corporate results and President Donald Trump's extension of a ceasefire with Iran revived risk appetites after a two-day retreat. Bitcoin rallied. The S&P 500's 1% gain extended its advance for the month, set to be the best since 2020. Chipmakers climbed for a 16th straight day, the longest-ever winning streak. Hatfield speaks with Carol Massar and Tim Stenovec.