Citadel Securities posted a record $12.2 billion in trading revenue last year, as the market-making arm of billionaire Ken Griffin's empire continues in its bid to compete with the largest trading desks globally. Katherine Doherty reports.
A jury says Meta must pay at least $2.1 million in damages, and Google must pay at least $900,000 to a 20-year-old woman who said their platforms caused her to suffer a mental health crisis. June Grasso reports on Bloomberg Television.
Kleiner Perkins has raised $3.5 billion to make bets on AI startups and current portfolio companies innovating across autonomy, transportation, professional services, and space. Kleiner Perkins partner Ilya Fushman joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
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Pentagon spending on defense tech from startups has more than doubled, from about $1.8 billion in Fiscal Year 2023 to $4.3 billion for Fiscal Year 2025, but still makes up less than 1% of total contract dollars. Rachel Hoff, policy director at the Ronald Reagan Institute, speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
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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.
Richard Clarida, global economic advisor at Pimco and former Federal Reserve vice chairman, says an interest-rate hike by the European Central Bank is not "a slam dunk, but it's an option," and explains why "the bar is high" for a Fed rate hike.
Chewy (NYSE:CHWY), the leading online destination for pet products and services, released its financial results for the fiscal fourth quarter and full year 2025, ended February 1, 2026.
Cintas (NASDAQ:CTAS), the premier provider of corporate identity uniforms and facility services, reported financial results for its fiscal third quarter ended February 28, 2026.
Winnebago Industries (NYSE:WGO), a North American manufacturer of outdoor lifestyle products, announced its financial results for the second quarter of fiscal 2026 on Wednesday.
Paychex (NASDAQ:PAYX), a prominent provider of integrated human capital management (HCM) solutions, announced its financial results for the third quarter ended February 28, 2026.
Merck (NYSE:MRK), known as MSD outside the U.S. and Canada, has entered into a definitive agreement to acquire clinical-stage oncology firm Terns Pharmaceuticals (NASDAQ:TERN) for approximately $6.7 billion in equity value.
Cognyte Software (NASDAQ:CGNT), a global provider of investigative analytics software, announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026.
PDD Holdings (NASDAQ:PDD) reported its unaudited financial results for the fourth quarter and full year ended December 31, 2025, on Wednesday, revealing a narrative of steady top-line expansion tempered by the rising costs of its global ambitions.
Kingsoft Cloud Holdings (NASDAQ:KC), an independent cloud service provider in China, announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025, on March 25, 2026.
Lockheed Martin (NYSE:LMT) and the U.S. Department of War (DoW) announced a landmark framework agreement on March 25, 2026, to dramatically accelerate the manufacturing of Precision Strike Missiles (PrSM).
