Stocks in AI's Crosshairs
Market turmoil unleashed by AI advances points up two seemingly contradictory fears about the tech: that it won't fulfill its very expensive promise and that it will swallow up vulnerable industries.
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Insurance
Suncorp weathers $1.3B storm bill with resilient growth
Suncorp Group's (ASX:SUN) first half net profit after tax landed at $263 million, while cash earnings reached $270 million.
US Stocks Climb as Gold and Silver Slip | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Financial
National Australia Bank profit rise to $2.21B in FY26 kickoff
National Australia Bank (ASX:NAB) has kicked off FY26 with reporting an unaudited statutory net profit of $2.21 billion for the first quarter.
Insurance
nib to raise 2026 health insurance premiums
nib Holdings (ASX:NHF) has announced a 5.47% average increase in health insurance premiums for 2026.
What's the Most Chicken Milanese Should Cost?
Michelin starred chef and restaurateur Angela Hartnett OBE discusses looking at every layer of the business when it comes to pricing dishes with Blomberg's Mishal Husain and Kate Krader. Filmed at a subscriber event held on June 4, 2025."
A Moment of Peak Human Population?
Bloomberg's Merryn Somerset Webb discusses the correlation between falling fertility rates and the number of robots in a country. Filmed at a subscriber event held on June 4, 2025.
England Is a Poor Country That Thinks It's Rich, Opinion's Woolridge Says
Bloomberg Opinion's Global Business Columnist Adrian Wooldridge says England's misperception of its own wealth leads it to take on responsibilities it shouldn't. This was filmed at a subscriber event held on June 4, 2025.
Fed's Daly Says Hard to Assess AI's Impact on Productivity
Federal Reserve Bank of San Francisco President Mary Daly talks with Bloomberg's Ed Ludlow about the impact of AI on the US economy during an event at San Jose State University.
Mining
Horizon Minerals raises $175M for Black Swan Project hub
Horizon Minerals (ASX:HRZ) launched a $175 million fully underwritten institutional placement to fast-track the development of its 100%-owned Black Swan Project Processing Hub.
Mining
Resources & Energy completes drilling campaign at East Menzies
Resources & Energy Group (ASX:REZ) has concluded its initial 2026 reverse circulation drilling campaign at the East Menzies Gold Project in Western Australia.
Mining
King River Resources acquires Mindoolah Gold Project
King River Resources (ASX:KRR) announced a pivotal strategic move by entering an agreement to acquire the Mindoolah Gold Project.