BlackRock delivers $7.08 billion Q2 revenue
BlackRock (NYSE:BLK) reported second-quarter revenue of $7.08 billion as total assets surpassed $15 trillion for the first time.
BlackRock (NYSE:BLK) reported second-quarter revenue of $7.08 billion as total assets surpassed $15 trillion for the first time.
Elevance Health (NYSE:ELV) reported second-quarter 2026 operating revenue of $49.8 billion and a diluted earnings per share of $6.71.
Zoom CFO Michelle Chang discusses the use of AI in what comes next for the company in product development, their partnership with Anthropic, and her focus on revenue growth and shareholder value as CFO. She speaks with Vonnie Quinn and Nina Trentmann on "Bloomberg Brief."
M&T Bank (NYSE:MTB) reported second-quarter 2026 net income of $818 million and a diluted earnings per share of $5.32.
Ethiopia is set to begin a month-long national dialogue aimed at addressing the country's deep political polarization and divisions to help steer it toward lasting peace and stability. The Ethiopian National Dialogue Commission has identified major areas that need to be discussed. Bloomberg's Fasika Tadesse reports.
Kandi Technologies (NASDAQ:KNDI) began production at its Lin’an manufacturing base, which the company expects could produce up to 200 battery-swap stations annually.
Brent crude futures rose 0.7% to $85.31 a barrel, while West Texas Intermediate futures gained 0.4% to $79.69 as U.S.-Iran hostilities intensified.
ARC Resources shareholders approved its approximately C$22 billion acquisition by Shell (NYSE:SHEL), with 99.54% backing the arrangement.
ASML (NASDAQ:ASML) reported Q2 2026 net sales of €9.3 billion and raised full-year guidance to €43–€45 billion, which the company linked to stronger AI-related chip demand.
Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Madison Faller, investment strategist at JPMorgan Private Bank, says that concentration and broadening can exist side-by-side in equity portfolios as investors assess the momentum of the artificial intelligence trade. "AI, and tech broadly speaking, is leading the strength it's doing more of the heavy lifting," Faller tells Bloomberg Television. "But at the same time we are seeing more sectors participate within that, with ten of eleven S&P 500 sectors expected to produce profit growth this quarter."
Andrew Balls, chief investment officer for global fixed income at Pacific Investment Management Co., says the Federal Reserve will "probably" keep rates on hold this year. Speaking on Bloomberg Television, he also discusses the outlook for Treasury yields.