The yen was flat against the dollar. RBC Capital Markets said the yen is unlikely to recover until next year when the BOJ slows quantitative tightening.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Cintas is expected to announce its fourth-quarter earnings soon, and Wall Street expects the company’s EPS to increase by double digits.
Amazon’s planned spending to expand and support AI and cloud infrastructure in India builds on the $35 billion investment that was outlined last year.
A coalition of employers and state governments says it is developing a sweeping strategy to help workers respond to the AI age.
By Ashwin Manikandan, Jaspreet Kalra and Haripriya Suresh MUMBAI, June 25 (Reuters) - Kunal Shah, an Indian fintech founder with no engineering degree or Silicon Valley pedigree, has spent two decades
(Bloomberg) -- Amazon.com Inc. added $13 billion to its planned India investments, accelerating its buildout of artificial intelligence and cloud infrastructure in the world’s most populous country.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapGrand Ole Opry House Up For Sale by Owner Ryman HospitalityStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 M
SpaceX has fallen sharply from its post-IPO peak, but history says the stock will drop much further in the months ahead.
A modest projected decline in overall inflation for June doesn't tell the complete story.
Amazon said on Thursday it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure. The new investment is in addition to its planned $35 billion funding announced last year, taking the e-commerce firm's investment in the country to $48 billion through 2030. The announcement follows a meeting between Amazon CEO Andy Jassy and Indian Prime Minister Narendra Modi on Thursday in New Delhi.
June 25 (Reuters) - Amazon said on Thursday that it is investing an additional $13 billion in India by 2030 to expand and support AI and cloud infrastructure.
U.S. stock futures pointed higher after Micron Technology’s expectation-thumping earnings reignited optimism in the AI boom.
Warsh didn't say the president's name in explaining why rates won't be lowered. But he didn't have to.
Sebastian Raedler, head of European equity strategy at Bank of America, discusses his concern that the tech rally is overdone after US chipmaker Micron gained on a blockbuster sales forecast. "Who is going to pay for this capital expenditure that is basically fueling the Micron demand," Raedler asks during an interview on Bloomberg Television.
Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
South Korea’s SK Hynix plans to issue American depositary receipts on Nasdaq. The world’s second-largest memory-chip maker said it is looking to raise more than $29 billion, and expects trading to begin July 10.
Delta Air Lines is approaching earnings with strong momentum, steady analyst support, and investors watching whether the carrier can stay aloft.
In a letter obtained by The Wall Street Journal, Anthropic alleged that Alibaba and its AI unit conducted “the largest known distillation attack” on the company to date.
Micron's hot streak continues.
Micron Technology Inc (MU) reports a remarkable 346% year-over-year revenue increase, driven by strategic customer agreements and robust demand in the data center sector.
A look at the day ahead in European and global markets from Ankur Banerjee High-stakes earnings from Micron more than delivered by outlining strong demand for its memory chips and that was enough to
(Bloomberg) -- Bitcoin is facing a massive options expiry that could put more pressure on a market already struggling with fading institutional demand and macroeconomic headwinds.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House Up For Sale by Owner Ry
Cathie Wood’s investment company is among the backers to lose out from the unravelling of a football business turned cryptocurrency hoarder,...
(Bloomberg) -- In his final weeks as Britain’s prime minister, Keir Starmer, has repeatedly warned how “dangerous and volatile” the world is becoming. Andy Burnham is on a collision course with it. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House Up F
Strategy, Palantir Technologies, and Netflix slid to fresh 52-week lows amid profit-taking and a renewed focus on chipmaking stocks.
STOCKS Asian equity markets were mostly higher after memory-chip maker Micron’s blockbuster results eased artificial-intelligence fears and oil slumped toward prewar levels as Middle East tensions continued to ratchet down.
Loyalty programs, when they work well, offer meaningful rewards in exchange for spending at a specific retailer or restaurant. For the program to succeed, rewards have to be attainable while also substantial enough to feel like you've earned something. Starbucks, for example, does this incredibly ...
(Bloomberg) -- Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House
Broadcom (AVGO) just got a new validation point in the artificial intelligence chip race: OpenAI’s first custom chip, Jalapeño, unveiled on June 24. The chip was designed with Broadcom and built for inference, the computing process that allows products such as ChatGPT to respond to user requests. ...
Marvell (MRVL) has gained about 215.72% year to date at the time of writing, Wednesday afternoon, June 24. Meanwhile, the SPDR S&P 500 index (SPY) is up about 7.41% in the same period. The semiconductor giant has rallied thanks to its role in the AI boom. Strong fourth-quarter fiscal 2026 ...