Fastenal revenue climbs to $2.46 billion in third-quarter results
Fastenal (NASDAQ:FAST) reported third-quarter 2026 financial results, delivering higher-than-expected revenue and earnings.
Fastenal (NASDAQ:FAST) reported third-quarter 2026 financial results, delivering higher-than-expected revenue and earnings.
Bank of America (NYSE:BAC) reported third-quarter 2026 financial results with adjusted earnings per share of $1.08, compared with analyst expectations of $1.10.
Federal Reserve Vice Chair for Supervision Michelle Bowman said that although inflation remains above the central bank's goal, "I think we have some time to wait and see how financial conditions and the economy evolves." She spoke Wednesday with Institute of International Finance CEO Tim Adams at the IIF Annual Membership Meeting in Bangkok.
Kamal Quadir, the Founder & CEO of bKash, a mobile financial service provider in Bangladesh, says that approval to operate as a digital bank will ease the access to capital for the customers. He spoke to Yvonne Man at Bloomberg's New Economic Forum on AI, banking and more.
BlackRock (NYSE:BLK) reported third-quarter 2026 financial results with revenue of $7.8 billion, representing a 19% increase compared with the same period last year.
In an interview on October 14, 2026, Anthropic's Head of International Startups & Digital Native, Guillaume Princen, discussed how startups and major firms are adopting Anthropic's AI, including Claude tools, to boost employee productivity, overhaul processes, and build new products. He highlighted growing demand for frontier models like Opus 5.5, now about 40% cheaper than its predecessor, and a shift toward using different models for specific tasks across the 5.5 family. Princen emphasized Anthropic's safety-first approach versus open-source and open-weight competitors, underscoring third-party auditing, closer cooperation with governments, and willingness to delay or limit powerful model releases such as with Methos if safety concerns arise, even at the expense of near-term revenue. Original filename: 20261014_080546_Interview_of_Guillaume_Princen_on_Anthropic_s_AI_Strategy.mp4
Anna Edwards, Guy Johnson, and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Geopolitics is top of mind at Bloomberg's New Economy Forum with escalating tensions in the Middle East. One of Japan's top trading houses explained the impact of the war on their businesses around the world. Masayuki Omoto, President & CEO of Marubeni spoke to Bloomberg's Shery Ahn on the sidelines of the Bloomberg New Economy Forum in New Delhi.
Cathie Wood, founder, CEO and CIO of Ark Investment Management, discusses why she avoids traditional memory-chip players, saying the business cycle is "most volatile." Speaking on Bloomberg Television, Wood adds that we are "just at the beginning" of the artificial intelligence revolution. "In terms of our semiconductor exposure, [we] tend to be at the less-cyclical end of the spectrum," she adds.
ASML upgraded the low end of its 2026 sales forecast as increasing artificial intelligence spending boosts demand for the Dutch company's chip-making machines. The firm projected annual sales of between 44 billion ($49 billion) and 45 billion this year. ASML's outlook offers an indication of investment plans by chipmakers like TSMC, Samsung Electronics and Intel. Bloomberg's Tom Mackenzie reports.
India's Foreign Minister S. Jaishankar says he sees India as a "power in the middle" rather than a "middle power."
Canadian Minister of International Trade says they see a lot of collaborative opportunities in India especially in the field of energy, mining, and food security. Maninder Sidhu spoke to Haslinda Amin on the sidelines of the Bloomberg New Economy Forum in New Delhi.
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