AI Rally Remains Supported After Friday Pullback: 3-Minutes MLIV
Anna Edwards, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Anna Edwards, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
CITIC Securities has warned that global oil markets may be underpricing the near- and medium-term risks associated with supply disruptions around the Strait of Hormuz, raising concerns for cryptocurrency investors already facing a challenging macroeconomic backdrop.
A newly identified macOS malware strain known as Reaper is targeting cryptocurrency users by stealing wallet data, browser credentials and sensitive files through a social engineering campaign that exploits Apple's built-in Script Editor application.
Bank of America is advancing its global payments strategy with plans to enhance cross-border transaction services, highlighting the financial sector's growing focus on improving the speed and efficiency of international settlements.
GSK agreed to buy Nuvalent in a deal valued at $10.6 billion, adding a biotech firm that's developing treatments for lung cancer as the British pharmaceutical company seeks to rebuild its oncology franchise. Sam Fazeli of Bloomberg Intelligence has more.
Rumours of a massive Ethereum insider sell-off spread across social media this week after claims emerged that co-founder Vitalik Buterin had sold 110,000 ETH worth approximately $170 million in a matter of hours.
Researchers from the Initiative for Cryptocurrencies and Contracts have warned that autonomous artificial intelligence agents with access to cryptocurrency wallets could become effectively unstoppable if deployed maliciously or allowed to escape their intended operating environments.
More than 200 cryptocurrency companies and organisations have called on US Senate leaders to advance the CLARITY Act, warning that delays could jeopardise the bill's chances of becoming law before a key legislative deadline.
Nvidia CEO Jensen Huang's investment advice involving the company's suppliers is dangerously rosy, Bloomberg Opinion columnist Shuli Ren says. Ren argues that concrete guidance, not outsized optimism, is what's needed from Huang and other tech titans.
Dogecoin is trading near a critical support level that analysts believe could determine the direction of the cryptocurrency’s next major move, as on-chain data points to strong demand around current prices.
A rebound in equities that began on Wall Street extended into Asia, as cheaper valuations for artificial intelligence shares lured investors. Meanwhile, Bank of America Securities strategists led by Savita Subramanian warned that an increasing number of "bear market signposts" point to an approaching top. Bloomberg's David Savage reports.
Spanish football club CA Osasuna has revealed it purchased €1.2 million of relegation insurance that would have paid €6 million if the team had dropped out of Spain’s top football division, in a deal reportedly linked to a prediction-market trade.