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Category: Economy

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Latest News (16539 articles)

Economy Bloomberg
119d ago
Alphabet, Jeff Bezos Back AI Startup Physical Intelligence

Physical Intelligence, a startup developing artificial intelligence software to help robots learn a wide range of tasks, has raised $600 …

Alphabet and Jeff Bezos-backed AI startup Physical Intelligence has raised $600 million in funding, valuing … High (74%)
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Economy Bloomberg
119d ago
Blue Owl Money Machine Sputters in Face of Private Credit Cracks

Blue Owl Capital Inc. has scrapped a planned merger of two of its private credit funds after scrutiny arose over …

Blue Owl Capital has scrapped a planned merger of two private credit funds due to … High (78%)
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Economy Bloomberg
119d ago
Nvidia’s Earnings Fortify Investors' Faith in AI Trade

Ayako Yoshioka, portfolio consulting director at Wealth Enhancement Group, says AI-related valuations are reasonable. She discusses how Nvidia’s earnings are …

Investors remain optimistic about the AI trade following Nvidia's earnings, with experts considering AI-related valuations … High (76%)
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Economy Bloomberg
119d ago
As US Expands NGL Exports, Fractionation Capacity Risk Emerges

US midstream companies are racing to expand natural gas liquids export capacity as global buyers show interest in American barrels, …

US midstream companies are rapidly expanding natural gas liquids export capacity, but analysts fear a … High (72%)
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Economy Bloomberg
119d ago
Labor Market Issues Can 'Go South' Quickly, Says Kitty Richards

Kitty Richards, senior strategic advisor at the Groundwork Collaborative, says that numbers from the September jobs report released today are …

Kitty Richards, a senior strategic advisor, warns that the softening jobs market can quickly deteriorate … High (73%)
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Economy Bloomberg
119d ago
Pre-IPO Market Startup Fundraises on Own Platform as Rivals Are Bought

Hiive Markets Ltd., an online platform for trading shares of pre-public companies, is raising funds by listing itself on its …

Hiive Markets Ltd. is raising funds on its own platform, following the acquisition of two … Medium (67%)
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Economy Bloomberg
119d ago
US Payrolls Grew in September, But Jobless Rate Shows Fragility

US job growth topped expectations in September with nonfarm payrolls rising 119,000, but the unemployment rate continued to rise, hitting …

US job growth exceeded expectations in September, with 119,000 new nonfarm payrolls, but the unemployment … High (84%)
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Economy Bloomberg
119d ago
Nvidia’s Middle East Sales Raise Questions

Bloomberg’s Michael Shepard discusses how Washington is reacting to Nvidia’s plans to sell chips to the Middle East. He joins …

Nvidia's plans to sell chips to the Middle East have raised questions, prompting a reaction … High (71%)
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Economy Bloomberg
119d ago
BCE Follows Verizon With More Layoffs in Telecom, Media Units

BCE Inc., Canada’s largest telecommunications firm by revenue, is letting go about 690 non-unionized employees as it implements a strategy …

BCE Inc. is undergoing layoffs of approximately 690 non-unionized employees in its telecom and media … High (77%)
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Economy Bloomberg
119d ago
US Needs to be 'Extra Vigilant' on Chip Security Amid Saudi Deal, Says Garbarino

Representative Andrew Garbarino, chair of the House Homeland Security Committee, said that with deals for chip sales to Saudi Arabia …

US Representative Andrew Garbarino warns of potential security risks from chip sales to Saudi Arabia, … High (73%)
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Economy Bloomberg
119d ago
Palo Alto Networks to Buy Chronosphere for $3.35 Billion

Palo Alto Networks CEO Nikesh Arora discusses the company’s continued acquisition streak as it announces plans to buy Chronosphere for …

Palo Alto Networks is set to acquire Chronosphere for $3.35 billion, continuing its acquisition streak … High (78%)
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Economy Bloomberg
119d ago
Retail Earnings Send Mixed Messages About US Consumer

With the earnings results from a slew of major retailers hitting, the last few days have been critical to traders …

Retail earnings from major chains like Target, Walmart, and Home Depot have sent mixed messages … Medium (63%)
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