Disney sues FCC over ABC broadcast licenses
Walt Disney (NYSE:DIS) and ABC sued the Federal Communications Commission to block an accelerated review of licenses covering eight ABC-owned broadcast stations.
Walt Disney (NYSE:DIS) and ABC sued the Federal Communications Commission to block an accelerated review of licenses covering eight ABC-owned broadcast stations.
A selloff in chipmakers sent stocks lower, with the market also falling as inflation angst and rising government debt kept bond yields elevated. John Mowrey, CIO at NFJ Investment Group, discusses AI capex spending and equities reaching all-time highs.
Bank of Israel Governor Amir Yaron says Israel's economy has shown resilience during the war in Iran but warns there's a big fiscal policy challenge ahead. He speaks with Dani Burger on "Bloomberg Open Interest."
On this episode of Stock Movers: - Shares of Klarna (KLAR) plunged in premarket trading after the payments company reported full year revenue and gross merchandise value guidance that missed expectations. The company cited foreign exchange pressures and volumes in Germany, even as it reported a profit beat for the second straight quarter. - Shares of Amylyx Pharmaceuticals (AMLX) extended its rally in the early session to as much as 54%, after the drug developer said a late-stage trial of its experimental drug met its primary endpoint as a treatment for patients who experience low blood sugar levels following bariatric surgery. - Shares of Bath & Body Works (BBWI) surged ahead of the opening bell after Citi raised its recommendation on the stock to buy from neutral. Analyst Paul Lejuez cited a favorable risk/reward outlook in his note. The company is slated to release earnings next week.
The RealReal CEO Rati Levesque joins Bloomberg Open Interest to explain why resale prices are increasingly shaping what shoppers buy new, with more than 80% of Gen Z and millennial customers checking secondhand values first. She also reveals which unexpected fashion pieces are appreciating, and why AI still can't fully replace human luxury authenticators.
Private credit is returning to the bond market in a big way. Blackstone's BCRED raised $750 million and Blue Owl sold $400 million as strong demand helped drive record August investment-grade issuance. Bloomberg's Kat Hidalgo explains why investors are coming back, but still favor safer exposure higher in the capital stack.
Goldman Sachs struck its second deal in a week as the firm pushes ahead with plans to grow its $4 trillion money-management arm. The company will pay as much as $410 million to buy LCN Capital Partners, a commercial real estate investor that focuses on sale-leaseback agreements and triple-net leases. Todd Gillespie has more on "Bloomberg Open Interest."
JP Morgan's Gabriela Santos says AI remains the biggest theme in global markets but investors may be dangerously concentrated. She explains why recurring AI selloffs are inevitable, where investors can still find diversification, and how massive tech borrowing is quietly extending AI risk from stocks into bonds.
JPMorgan's Gabriela Santos says investors don't have to abandon the AI boom to protect themselves from the next selloff. She explains why AI-driven volatility is likely to keep returning, and identifies Treasuries, gold, core real estate and European stocks as potential portfolio shock absorbers.
CBL International (NASDAQ:BANL) reported H1 2026 revenue of $395.59 million, up 49.2% year over year, as higher marine fuel prices and increased sales volume supported growth.
"I don't think it matters what the Fed does," says Kay Herr, US GFICC CIO at JPMorgan Asset Management, in reference to the rally in yields, as the market "really doesn't love the fact that we don't have forward guidance." She speaks on "Bloomberg Surveillance."
FORT Robotics agreed to combine with Newbury Street II Acquisition Corp (NASDAQ:NTWO) at a $556.6 million pro forma enterprise value, with the combined company expected to trade as FROB.