Bloomberg News and Videos — Page 151

ASML lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the company's chip-making machines. Europe's most valuable company expects net sales to grow to between 43 billion ($49.2 billion) and 45 billion this year. Bloomberg's Charlotte Hughes-Morgan reports.

Peace between US & Iran has faltered after American forces reimposed a naval blockade and launched airstrikes. Meanwhile Tehran attacked oil tankers sailing through the Strait of Hormuz. Megan Sutcliffe, Middle East Principal Analyst, at Sibylline spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the situation in the region.

Bob Sternfels, global managing partner at McKinsey & Co., says the firm is on the edge of a possible "golden age" as companies seek help with issues such as artificial intelligence. McKinsey has cut staff from its support teams on the back of the AI wave but is hiring more consultants "in record numbers" and is set to grow headcount overall, Sternfels tells Bloomberg's Francine Lacqua.

Deloitte APAC Sports Business Group Leader James Walton explores how the 2026 FIFA World Cup has evolved into a global commercial ecosystem. The tournament has reportedly generated a record-breaking $2.8 billion in sponsorship revenue. He speaks with Haidi Stroud-Watts on "Insight with Haslinda Amin."

China's economy slowed more than expected last quarter to the weakest in more than three years. Here's what it means.

Here's how investors are positioning for memory chipmaker ChangXin Memory Technologies' near-record IPO, which would raise 66.6 billion yuan ($9.8 billion), about double the previous estimate.

Five of the biggest US banks reported second-quarter results, with some setting records. Bloomberg Intelligence's Herman Chan breaks down what's driven the boom.

India's quick commerce billionaire Deepinder Goyal is planning to launch his first product after stepping back from the empire he led for 18 years. Goyal says Temple, a wearable device worn on the side of the forehead, will retail for about one-thousand U-S dollars. The founder of Eternal Limited, which counts quick delivery apps Zomato and Blinkit under its umbrella, spoke with Bloomberg's Haslinda Amin in an exclusive interview at his private residence in New Delhi.

PJM Interconnection LLC said its auction to procure power for the year starting June 2028 fell 6.8 gigawatts short of what it will need to guarantee system reliability during demand spikes, according to a statement. Will Wade has more on "Bloomberg The Close."

Kerala Chief Minister VD Satheesan says that the Indian state remains committed to Adani's Vizhinam port project. Satheesan spoke exclusively to Bloomberg's Unni Krishnan on the state's upcoming investment opportunities, the silver economy and more.