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CMB.TECH (NYSE:CMBT) reported unaudited second quarter 2026 revenue of USD703.9 million, compared with USD387.8 million in the same period last year, while profit for the period reached USD364.4 million.
AbbVie (NYSE:ABBV) submitted a regulatory application to the European Medicines Agency for subcutaneous SKYRIZI (risankizumab) induction treatment in adults with moderately to severely active Crohn’s disease.
Amgen (NASDAQ:AMGN) and AstraZeneca (NYSE:AZN) reported positive Phase 3 results from the CROSSING trial of TEZSPIRE (tezepelumab-ekko), with the study meeting both primary endpoints in 368 patients with symptomatic eosinophilic esophagitis.
Gaotu Techedu (NYSE:GOTU) reported second quarter 2026 net revenues of RMB1,670.1 million, up 20.2% year over year, as gross billings reached RMB2,689.1 million and gross margin improved to 66.5%.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Spirit AI CEO Han Fengtao says robots can already handle office tasks "unimaginable half a year ago," from delivering paper to shredding documents. He told Bloomberg's Minmin Low that "the evolution of the robot brain will get faster and faster," predicting a "ChatGPT moment" within three years. With several hundred units deployed in China, Spirit AI is betting on smarter robot brains to drive large scale adoption across industries and eventual global expansion.
Nvidia, the chipmaker at the heart of the artificial intelligence boom, said it forecasts revenue growth of about 70% in fiscal 2028. Analysts had predicted 45%. The upbeat outlook offered relief to investors concerned about a bubble in the AI economy. Bloomberg's Tom Mackenzie has more.
Philippine Stock Exchange President and CEO Ramon Monzon discusses efforts to boost market liquidity, expectations for capital raising, and the outlook for major IPOs including GCash and PLDT's data center unit. He appeared exclusively on Bloomberg's "Insight with Haslinda Amin."
Shaun Day, Managing Director at Greatland Resources, discusses the gold and copper producer's full-year results, which saw its annual profit more than double. He also discusses its outlook for output in fiscal 2027. He speaks exclusively with Haidi Stroud-Watts on "Bloomberg: The Asia Trade".
Sarita Singh, MD of Southeast Asia, Greater China and South Korea at financial infrastructure firm Stripe believes artificial intelligence is now accelerating the progress of the Internet economy. She speaks with Haslinda Amin on "Insight with Haslinda Amin.
Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin. Bloomberg's Michael Heath shares what we know.
Nvidia Corp. gave a bullish sales outlook for fiscal 2028, with Chief Financial Officer Colette Kress saying the company expects to grow revenue by approximately 70% in fiscal 2028. Bloomberg's Ed Ludlow and Kunjan Sobhani break down the news.
