Alibaba says it's aiming to generate $100 billion in cloud and AI revenue within the next five years. It comes as China's embrace of OpenClaw-style agentic AI has handed rival Tencent an initial advantage. Jacob Cooke, CEO of WPIC Marketing + Technologies, discusses the AI landscape in China with Caroline Hyde on "Bloomberg Tech."
Oil and natural gas prices keep surging as attacks escalate in the Persian Gulf. The world's largest liquified natural gas plant in Qatar was hit by an Iranian missile. This as prices for gold and silver plunge. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has more.
President Donald Trump is asked by a reporter why the US didn't tell Japan ahead of time about its strike on Iran. "Who knows better about surprise than Japan?" he said, turning to the Japanese Prime Minister Sanae Takaichi with a chuckle. She was visiting the White House.
Oil spikes, rate hikes, and rising uncertainty is weighing on markets. Peter Oppenheimer, the chief global equity strategist at Goldman Sachs joined Bloomberg Open Interest to break down why US stocks are holding up better than Europe, where risks are building, and why this may be a short-term correction, and not a long-term downturn.
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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.
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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.
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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.
The U.S. government has begun denying requests from companies seeking refunds for billions of dollars in illegal tariffs, despite a landmark Supreme Court ruling that struck down the levies last month.
Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.
Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.
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.
Amundi CIO Vincent Mortier says global markets have turned sharply more pessimistic about the length of the Iran conflict and now expect it to keep going for months. "The next coming days will be very key to define what should happen next," Mortier tells Bloomberg Television.
Darden Restaurants (NYSE:DRI) announced its financial results for the third quarter of fiscal 2026, ended February 22, 2026, reporting total sales of $3.345 billion.
Arcos Dorados Holdings (NYSE:ARCO), the world’s largest independent McDonald’s franchisee, reported record-breaking financial results for the fourth quarter and full year ended December 31, 2025.
The Cato Corporation (NYSE:CATO) announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026, showcasing a year of operational refinement and narrowed losses.
Alibaba Group Holding (NYSE:BABA) announced its financial results for the quarter ended December 31, 2025, revealing a strategic pivot toward reinvestment and market share defense.
Signet Jewelers (NYSE:SIG) today revealed its financial results for the fourth quarter and full fiscal year ended January 31, 2026, demonstrating steady operational execution in a normalizing luxury market.
Caleres (NYSE:CAL) reported financial results for the fourth quarter and full fiscal year ended January 31, 2026, highlighting a period of significant portfolio transformation and market share expansion.
Destination XL Group (NASDAQ:DXLG), the largest omni-channel specialty retailer of big and tall men’s apparel, announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026.
Intuitive Machines (NASDAQ:LUNR) reported its fourth-quarter and full-year 2025 financial results on March 19, 2026, marking a pivotal shift from a specialized lunar lander developer to a diversified space infrastructure powerhouse.
Eli Lilly and Company (NYSE:LLY) today announced positive topline results from TRANSCEND-T2D-1, the first Phase 3 clinical trial evaluating retatrutide for the treatment of type 2 diabetes.
