Tag: Bloomberg
BlackRock Cuts Hundreds of Jobs, Trimming About 1% of Staff
(Bloomberg) -- BlackRock Inc. is cutting hundreds of jobs across...
Gold Steadies Close to Record on Worries Over Fed’s Independence
(Bloomberg) -- Gold steadied close to a record Tuesday as...
Apple, Google Confirm Multiyear Deal for AI Technology, Siri
(Bloomberg) -- Alphabet Inc.’s Google confirmed that it has entered a multiyear deal with Apple Inc....
Magnificent 7’s Stock Market Dominance Shows Signs of Cracking
(Bloomberg) -- To beat the market in recent years, many investors applied a simple strategy: Load...
Trump Calls for One-Year Cap on Credit Card Rates at 10%
(Bloomberg) -- President Donald Trump on Friday called for a one-year cap on credit card interest...
Walmart To Join Nasdaq 100 on Jan. 20 as AstraZeneca Exits
(Bloomberg) -- Walmart Inc. will join the Nasdaq 100 Index, replacing AstraZeneca Plc, Nasdaq Global Indexes...
China AI Leaders Warn of Widening Gap With US After $1B IPO Week
(Bloomberg) -- Some of China’s most prominent figures in generative...
Investor Michael Burry Reveals Options Bet Against Oracle
(Bloomberg) -- Michael Burry, the famed investor who has drawn...
XAI Limits Grok Images After Uproar Over Sexualized Content
(Bloomberg) -- Elon Musk’s xAI restricted Grok’s image-generation feature for most users on the X social...
Netflix Stock Is Pricey Even After Warner Bros.-Induced Selloff
Alphabet Inc. shares are inching higher in premarket trading as the...
Best Stock Trade of 2025 Keeps Running, Question Is for How Long
(Bloomberg) — The hottest corner of the stock market in 2025 remains scorching in the...
The World’s Copper Squeeze Is Set to Intensify on AI and Defense Spending, S&P Says
(Bloomberg) — The race for artificial intelligence and surging defense spending are set to intensify a...