Morgan Stanley's stock traders took in $5.15 billion in the first three months of the year, a 25% jump that came in ahead of expectations and boosted total trading revenue to $10.7 billion. Dani Burger reports on Bloomberg Television.
Bank of America Corp.'s traders notched the highest quarterly revenue in more than a decade, as revenue from equity trading climbed 30% to $2.8 billion in the first quarter. Fixed-income trading fell short of a consensus of analyst estimates. Dani Burger reports on Bloomberg Television
Greg Fleming, president and CEO at Rockefeller Capital Management, says that his clients remain focused on the market opportunity in artificial intelligence, even as uncertainty around the Iran war and energy market fallout persists. He speaks on Bloomberg Television.
Hermès shares tumbled as the disruption from the conflict in the Middle East crimped the Birkin bag maker's sales growth, mirroring the trend at many of its rivals in the luxury goods industry. Bloomberg Opinion's Andrea Felsted has more. Her views are her own.
Telix Pharmaceuticals (NASDAQ:TLX) has reached a critical clinical milestone with the dosing of the first patient in its pivotal Phase 3 IPAX BrIGHT trial.
Mesoblast (NASDAQ:MESO) has expanded its advanced therapy pipeline by acquiring an exclusive worldwide license to a patented chimeric antigen receptor (CAR) technology platform.
eToro (NASDAQ:ETOR) announced on Wednesday, April 15, 2026, that it has entered into a definitive agreement to acquire Zengo, a leading provider of self-custodial crypto wallets.
Pimco bought all $400 million of bonds issued Monday by a Blue Owl Capital private credit fund, according to people with knowledge of the matter. The deal is a vote of confidence for a private credit industry that's been battered by record redemption requests and deepening concerns over valuations, liquidity and transparency. Bloomberg's Sinead Cruise reports.
Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
ASML raised its full-year sales forecast, with net sales expected to be between 36 billion ($42.4 billion) to 40 billion this year. Europe's most valuable company's machinery is crucial for producing the Nvidia Corp. chips that are the backbone for training and running artificial intelligence models in data centers. Bloomberg's Charlotte Hughes-Morgan reports.
Gucci sales fell, hurt by the conflict in the Middle East. Revenue at the Kering brand slid 8% on a comparable basis during the first quarter. Analysts were expecting a drop of 4.3%. Bloomberg Intelligence's Deborah Aitken breaks down the situation.
Former IMF Chief Economist & Harvard University Professor Kenneth Rogoff believes it's naive to think it's mission accomplished in the Iran war. He adds that the current market sentiment is only a temporary respite. He speaks with Yvonne Man and David Ingles from the sidelines of the 'HSBC Global Investment Summit' in Hong Kong.
