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Bloomberg93d agobearish
Oil Inventories Falling at Record Pace on Iran War, IEA Says

(Bloomberg) -- Oil inventories are falling around the world at a record pace and will continue to drop for months as the disruption to Middle East supplies from the Iran war intensifies, according to the International Energy Agency.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home Reve

Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny
Bloomberg93d agoneutral
Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny

(Bloomberg) -- Chinese investors are heading into the earnings season demanding proof that billions in AI spending by tech giants is paying off.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysThat spotlight will fall on Alibaba Group Holding Ltd. and Tencent Holdings Ltd. whe

Veteran analyst resets S&P 500 target for the rest of 2026
TheStreet94d agoneutral
Veteran analyst resets S&P 500 target for the rest of 2026

Wall Street is getting a lot more comfortable with higher stock prices, but Ed Yardeni is moving the goalpost in a big way. According to a Fortune report, the veteran market watcher just raised his 2026 year-end S&P 500 forecast to 8,250 from 7,700. For perspective, that’s the most bullish call ...

Bank Stock Buybacks Hit a Record in First Quarter. Citi, BofA, and Goldman Were Leaders.
Barrons.com94d agobullish
Bank Stock Buybacks Hit a Record in First Quarter. Citi, BofA, and Goldman Were Leaders.

The country’s largest banks, flush with record earnings and capital, executed their largest quarterly stock repurchases ever in the first three months of the year. The 21 large banks covered by Barclays analyst Jason Goldberg bought back $40 billion in the first quarter, up from $34 billion in the fourth quarter of 2025 and from the prior record of $38 billion in the 2019 fourth quarter, just before the Covid crisis. The industry leaders, based on the biggest percentage reductions in share counts in the first quarter, were M&T Bank (3.9% reduction), First Citizens Bancshares (3.8%), Citi group (3.1%),  Bank of America (1.9%), and Goldman Sachs Group (1.8%).

Wall Street Puts Blockchain to Work in $13 Trillion Repo Market
Bloomberg94d agoneutral
Wall Street Puts Blockchain to Work in $13 Trillion Repo Market

(Bloomberg) -- JPMorgan Chase & Co. spent hundreds of millions of dollars over the course of more than a decade developing systems using blockchain, a novel technology that was supposed to radically upend financial markets, but has yet to become a game-changer.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Says It’s Deployed Mini Subs in Contest to Control HormuzEpstein's Black Card: How He

China Earns $500 Million an Hour From Exports Supercharged by AI
Bloomberg94d agoneutral
China Earns $500 Million an Hour From Exports Supercharged by AI

(Bloomberg) -- The US and Chinese economies may still be on their way to decoupling but both are drawing strength from the same source.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksJust as an AI-driven boom in business investment bolstered US economic growth at the start of this yea

Bloomberg94d agobearish
Amazon Kicks Off Debut Swiss Franc Bond Sale in Record Six Parts

(Bloomberg) -- Amazon.com Inc. has begun the sale of its first Swiss franc bonds as it looks to raise a record six-part deal in the currency.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’The company is selling debt due in three, six, nine, 12, 18 and 25-years, according to a person f

PBOC Warns on Imported Inflation, Focuses on Policy Transmission
Bloomberg94d agobearish
PBOC Warns on Imported Inflation, Focuses on Policy Transmission

(Bloomberg) -- China’s central bank has warned on the risks of imported inflation from higher oil prices stemming from the war in Iran, offering no hint of preparing to ease policy as it looks to ensure that its interest rates reach the economy.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Epstein's Black Card: How He Moved Women With H

Nvidia (NVDA) Draws Bullish Goldman Sachs Call Ahead of Earnings
Insider Monkey94d agoneutral
Nvidia (NVDA) Draws Bullish Goldman Sachs Call Ahead of Earnings

Accelerating AI demand and estimate revisions has recently drawn renewed interest from Goldman Sachs on Nvidia. The stock is second on our list of 12 AI Stocks Wall Street Is Watching Now. On May 7, analyst James Schneider reiterated a Buy rating on the stock with a $250.00 price target. With Nvidia posting its earnings on […]

Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data
Bloomberg94d agoneutral
Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data

(Bloomberg) -- Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Un

Bloomberg95d agoneutral
Verizon’s Worldwide Hybrid Bond Sale Drive Hits $12 Billion

(Bloomberg) -- Verizon Communications Inc. is selling $4 billion of hybrid bonds in the US dollar investment-grade debt market for the first time after issuing the equivalent of $8 billion of them in other currencies over the last six months.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jew

Musk, Cook Set to Join Trump for Xi Summit, White House Says
Bloomberg95d agoneutral
Musk, Cook Set to Join Trump for Xi Summit, White House Says

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Starmer Faces Mounting Calls to Step Aside Despite Plea for Time
Bloomberg95d agoneutral
Starmer Faces Mounting Calls to Step Aside Despite Plea for Time

(Bloomberg) -- Pressure built on Keir Starmer to lay out a time table for his departure after the British prime minister’s latest attempt at a reset fell short what of what critics said was needed to quell the rebellions within the Labour Party. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting

Why Companies Are Racing to Put Satellites in Low Earth Orbit
WSJ95d agoneutralVIDEO
Why Companies Are Racing to Put Satellites in Low Earth Orbit

Investors expect the market for low Earth orbit satellites to grow to about $108 billion by 2035. WSJ's Micah Maidenberg explains what's at stake for the corporate fight over LEO, and whether Amazon and others can put a dent in SpaceX's dominance there.