United States Financial

M&T Bank (NYSE:MTB) reported third-quarter 2026 net income of $775 million and diluted earnings of $5.04 per share, reflecting lower quarterly profit despite growth in loans and deposits.

Ludovic Subran, chief investment officer and chief economist at Allianz, expects Federal Reserve Chairman Kevin Warsh to raise interest rates by as much as 75 basis points once the midterm elections are over. "The US is running hot, and I think he cannot ignore that," Subran tells Bloomberg Television. "I do expect the US will have to act decisively on inflation, both from energy, but also from AI," he adds.

CoreWeave has been become embroiled in a tug of war between investors who see rising bond yields as a rally-killer for the AI trade and those who think rising demand for computing power justifies the enthusiasm. Bloomberg's Neil Campling reports.

Romanian President says EU leaders need to show they will keep supporting Ukraine, as Russia has also been attacking ships in the Black Sea and the relation between President Zelenskiy and Trump has deteriorated over the past few days. Nicusor Dan sat down with Bloomberg's Oliver Crook on the sidelines on an EU leaders meeting in Brussels on Friday.

Neuberger Multi-Asset Strategies Co-CIO Maya Bhandari says the firm recently cut back its stance on global equities to "at target" for the first time in four years, with Europe still underweight due to its cyclical bias, heavy concentration in autos and banks, and limited AI exposure. She tells Bloomberg this is in contrast to Japan and China, with their stronger earnings and valuations.

Neuberger Berman CIO Maya Bhandari says the firm recently cut back on global equities to "target" for the first time in four years, with Europe underweight due to its cyclical bias, heavy concentration in autos and banks, and limited AI exposure. She tells Bloomberg this is in contrast to Japan and China, with their stronger earnings and valuations.

Latvian Prime Minister Andris Kulbergs says "Zelenskyy has only one ally now, it's actually the Europeans," as US-Ukraine tensions continue. He made the comments in an exclusive live interview with BTV's Oliver Crook on the second day of the European leaders summit in Brussels on Friday

Latvian Prime Minister Andris Kulbergs says "Zelenskyy has only one ally now, it's actually the Europeans," as US-Ukraine tensions continue. He made the comments in an exclusive live interview with BTV's Oliver Crook on the second day of the European leaders summit in Brussels on Friday.

WaFd (NASDAQ:WAFD) reported a 22% increase in fiscal 2026 earnings per share to $3.21, with annual net income reaching $256 million.

Anna Edwards, Guy Johnson, Tom Mackenzie and David Savage break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

This week started with a striking warning from the Broadcom CEO, who likened the artificial intelligence market to a "casino." The statement was followed by strong earnings from ASML and a better-than-expected outlook from TSMC, though neither was enough to stem a global tech stock rout. Bloomberg's "The Opening Trade" spoke to analysts and experts about what this tells us about the state of expenditure within the booming trade and whether its becoming an increasingly riskier bet.

Artificial intelligence infrastructure firm Nscale is seeking to raise up to $3 billion in an initial public offering as soon as this month, just as investors are growing increasingly wary of the risks of the AI buildout. The UK firm has also been hit by regulatory hurdles, a fire and other delays during construction of a flagship data center in Norway. Bloomberg's Paula Doenecke reports.