Oil is holding near a seven-month high as investors await the next round of US-Iran talks. Prices have climbed this year on concerns about the potential fallout from a US strike on Iran, even as forecasts point to more oil supply than demand later this year. Baker Hughes Chief Executive Officer Lorenzo Simonelli joined Bloomberg Open Interest with his insights and how the company is benefitting from the AI data trade.
Geoffroy van Raemdonck, CEO of Saks Global, discusses his vision for the company with Romaine Bostick on "The Close." He says he aims to build a profitable and sustainable Saks Global, with an initial focus on retail.
Meta Platforms Inc. will deploy 6 gigawatts' worth of data center gear based on processors from Advanced Micro Devices Inc., a blockbuster deal that marks a win for the chipmaker's attempts to catch up with Nvidia Corp. Meta will buy AMD chips and computers designed to run artificial intelligence models over a five-year stretch, beginning in the second half of 2026. The series of transactions will be worth "double-digit billions" of dollars per gigawatt, according to AMD Chief Executive Officer Lisa Su. Bloomberg's Ed Ludlow joins to discuss with Paul Sweeney and Scarlet Fu.
Weeks after shaking the markets with AI tools that raised fears about job losses, Anthropic is expanding again. The company is pushing its Claude AI into human resources, investment banking, and even design partnering with firms like FactSet to automate high-level work. Bloomberg Tech co-host Ed Ludlow joined us with the latest.
In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold.
The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety.
When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.
Well, pull out the party hats and dust off the stock tickers.
Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.
The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk.
This persistent "Musk Premium" has burned countless short-sellers.
Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
U.S. Customs and Border Protection (CBP) will officially stop collecting billions in trade duties at 12:01 a.m. EST on Tuesday, following a landmark Supreme Court ruling that declared President Donald Trump’s use of emergency powers to levy tariffs illegal.
The U.S. Supreme Court delivered a historic blow to President Donald Trump’s economic agenda Friday, ruling 6-3 that the administration overstepped its constitutional authority by using a national emergency statute to impose sweeping global tariffs.
The January US jobs report surprised to the upside, adding 130,000 roles as unemployment dipped to 4.3% and wages stayed contained.
Washington has pulled itself back from the brink, passing a $1.2 trillion stop-gap deal that reopened most of the US government after days of disruption.
Warner Bros. Discovery (NASDAQ:WBD) confirmed Tuesday that it has received a revised acquisition proposal from Paramount Skydance, marking a dramatic escalation in the battle for Hollywood’s most storied studio and its massive library of IP.
Burlington, Massachusetts-based Keurig Dr Pepper (NASDAQ:KDP), a producer and distributor of hot and cold beverages in North America, reported strong full-year 2025 financial results and provided an optimistic 2026 outlook on February 24, 2026.
Planet Fitness (NYSE:PLNT) flexed its market dominance in 2025, reporting a 12.1% increase in full-year revenue to $1.3 billion as the gym chain successfully converted post-pandemic fitness trends into long-term membership growth.
Oak Brook, Illinois-based Portillo’s (NASDAQ:PTLO), the fast-casual restaurant chain known for Chicago-style hot dogs, Italian beef sandwiches and chocolate cake, reported fourth-quarter and fiscal 2025 financial results.
Xenia Hotels & Resorts (NYSE:XHR) reported a return to profitability in the final quarter of 2025, supported by a significant lift in revenue per available room (RevPAR) and an aggressive pruning of its hotel portfolio.
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