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Category: Economy

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Latest News (17806 articles)

Economy Bloomberg
147d ago
US Stocks Are Holding Serve Since Liberation Day

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, …

US Stocks are holding steady, with no significant market impact mentioned in the article, suggesting … High (80%)
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Economy Bloomberg
147d ago
Tesla Again Posts Steep Monthly Sales Declines Across Europe

Tesla Inc. posted some of its steepest sales declines this year in European markets, where the Elon Musk-led automaker is …

Tesla has experienced significant sales declines in European markets, marking one of the steepest drops … High (90%)
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Economy Bloomberg
147d ago
Microsoft to Invest $8 Billion in Data Centers, Chips in UAE

Microsoft will spend nearly $8 billion on data centers, cloud computing and employees in the United Arab Emirates over the …

Microsoft plans to invest $8 billion in the UAE over the next four years, focusing … High (90%)
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Economy Bloomberg
147d ago
Link Logistics Sees Strong Supply Chain

Luke Petherbridge, the CEO of Link Logistics, joined Bloomberg Open Interest to talk about his view on the US economy …

Link Logistics CEO Luke Petherbridge reports strong demand for warehouses despite trade uncertainty, driven by … High (90%)
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Economy Bloomberg
147d ago
Insured Hurricane Losses in Jamaica Seen as High as $4.2 Billion

The insured costs of Hurricane Melissa’s damages to onshore property in Jamaica now range between $2.2 billion and $4.2 billion, …

Insured losses from Hurricane Melissa in Jamaica are estimated to be between $2.2 billion and … High (80%)
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Economy Bloomberg
147d ago
Microsoft’s $9.7B Move to Tackle the AI Capacity Crunch

Microsoft is locking in more AI firepower. The tech giant is signing a $9.7 billion deal with Australia’s IREN for …

Microsoft has signed a $9.7 billion deal with IREN to access Nvidia systems in Texas, … High (90%)
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Economy Bloomberg
147d ago
PIMCO President Sees Opportunity, Caution Ahead

PIMCO President Christian Stracke joined Bloomberg Open Interest to talk about the diverging picture in credit markets. On one hand, …

PIMCO President Christian Stracke expects a contained default cycle in credit markets, driven by diverging … High (80%)
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Economy Bloomberg
147d ago
Quantum Firm Xanadu to Go Public in $3.6 Billion SPAC Deal

Xanadu Quantum Technologies Inc. said it will go public through a merger with Crane Harbor Acquisition Corp., a US special-purpose …

Xanadu Quantum Technologies Inc. will go public through a $3.6 billion SPAC deal with Crane … High (90%)
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Economy Bloomberg
147d ago
Palantir’s Unwavering Momentum Sends Valuation Into Stratosphere

Palantir Technologies Inc.’s pricey valuation has long confounded Wall Street but investors have largely ignored those calls, instead pushing the …

Palantir Technologies Inc. continues to defy valuation concerns, reaching a new record high ahead of … High (90%)
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Economy Bloomberg
147d ago
US Factory Activity Shrinks in October as Demand Remains Sluggish

US factory activity shrank in October for an eighth straight month, as the Institute for Supply Management’s manufacturing index eased …

US factory activity contracted for the 8th consecutive month in October, with the ISM manufacturing … High (90%)
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Economy Bloomberg
147d ago
Buffett's Berkshire Cash Pile Hits Record $382 Billion

Berkshire Hathaway's cash pile stands at a record $381.7 billion. Operating earnings surged 34% at Warren Buffett's massive conglomerate. The …

Berkshire Hathaway's cash reserves have reached a record $381.7 billion, driven by a 34% surge … High (80%)
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Economy Bloomberg
147d ago
Positive End of Quarter Signals from China for Apple: Milanesi

Carolina Milanesi, Creative Strategies President and Principal Analyst, discusses Apple's latest earnings with Bloomberg's Caroline Hyde on 'Bloomberg Tech.' (Source: …

Apple's latest earnings have received a positive signal from China, a key market for the … High (90%)
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