Stock Gains Pause, Rally Remains Intact: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Kamal Sharma, G-10 FX strategy director at Bank of America, discusses the dollar's status as a safe haven as some banks are declaring the war-driven haven rally is likely over. He speaks on Bloomberg Television.
Christian Mueller-Glissmann, head of asset allocation research at Goldman Sachs, discusses the equities rally, the impact of US-Iran de-escalation on sentiment, and whether the markets recovery is sustainable. "I think we need central banks to shift back to a bit to where we were before," Mueller-Glissmann tells Bloomberg Television. "We need the rates relief to come in."
Netflix gave a forecast for the second quarter that fell short of analysts' expectations, sending the shares tumbling in extended trading. The results are the first since Netflix walked away from a contentious battle for control of Warner Bros. in February. The streaming pioneer also announced that Chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests. Bloomberg's Neil Campling reports.
Morgan Stanley analyst Rajeev Sibal tells Bloomberg TV that global equity markets have not fully absorbed the impact of the energy shock stemming from the disruption in the Strait of Hormuz, advising that the situation may weigh on growth sentiment.
Alex Vynokur, Founder & CEO of Australia's second largest ETF provider Betashares, says strong retail participation and adoption by independent financial advisors have helped the country's ETF sector grow. He speaks on ETF IQ Asia.
IG International's Fabien Yip says that while the stock market "is striking new highs," it's important for investors to "look under the hood" as some corporate earnings and news "could potentially give a shock to the rally that we're seeing."
Australian Treasurer Jim Chalmers tells Bloomberg TV that the global economy faces a "really dangerous moment" as the Middle East conflict threatens to accelerate inflation and drag on activity.
The cryptocurrency market has entered a sustained downturn, with trading activity and prices declining sharply in the first quarter of 2026.
A Texas man has been sentenced to 23 years in prison for his role in a $20 million crypto fraud involving the fictitious Meta-1 Coin project.
A cybersecurity researcher has uncovered a counterfeit Ledger hardware wallet sold via a Chinese marketplace, designed to steal users’ crypto assets.
Zanzibar police are questioning crypto fund founder Joe McCann after the death of his fiancée, Ashly Robinson, during a holiday on the island.