Okapi Partners CEO Bruce Goldfarb reacts to Netflix dropping out of the fight to buy Warner Bros. Discovery and Elliott Investment Management building a stake of more than 10% in Norwegian Cruise Line Holdings. Speaking on "Bloomberg Open Interest," Goldfarb also discusses the outlook for proxy season and the current regulatory environment.
OpenAI raised $110 billion in funding. Investors include Amazon, SoftBank and Nvidia. It's part of the ChatGPT maker's push to secure more computing power and talent for AI development. Mandeep Singh of Bloomberg Intelligence has more.
Anthropic has rejected the Pentagon's latest offer in a dispute over safeguards around the use of its AI technology by the US military. The company continues to insist on two specific restrictions: It doesn't want its technology used for surveillance of US citizens or for autonomous lethal strikes without a human in the loop. Bloomberg Opinion's Parmy Olson breaks down the situation. Her opinions are her own.
Prices paid to US producers rose in January by more than forecast as the producer price index increased 0.5%, the most since September. An underlying gauge that excludes food and energy advanced by the most since July. Michael McKee reports on Bloomberg Television.
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.
Netflix (NASDAQ:NFLX) shares rose more than 9% in premarket trading, Friday after the streaming pioneer abandoned its pursuit of Warner Bros Discovery, choosing capital discipline over a costly consolidation.
Docebo (NASDAQ:DCBO) reported a significant jump in fourth-quarter profitability on Friday, with net income rising to $26.9 million, or $0.93 per share, compared to $11.9 million, or $0.39 per share, in the prior-year period.
Carter’s (NYSE:CRI) reported a boost in fourth-quarter sales on Friday, as North America’s largest baby-apparel retailer successfully leveraged higher pricing and strong e-commerce demand to navigate a complex macroeconomic landscape.
Escalade (NASDAQ:ESCA) reported fourth-quarter net income of $3.7 million on Friday, as the sporting goods maker successfully leveraged operational efficiencies to overcome a persistent cooling in broader consumer discretionary spending.
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