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(Bloomberg) -- Donald Trump got the pageantry he craved during his trip to China. But the US president concluded the summit largely where he began, receiving little help from his self-described "friend" Xi Jinping in dealing with a messy war in Iran and a challenging political climate at home.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran's Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With

(Bloomberg) -- Donald Trump got the pageantry he craved during his trip to China. But the US president concluded the summit largely where he began, receiving little help from his self-described “friend” Xi Jinping in dealing with a messy war in Iran and a challenging political climate at home.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With

Financial disclosures for US President Donald Trump showed hundreds of millions of dollars’ worth of transactions involving securities in major...

Financial disclosures for US President Donald Trump showed hundreds of millions of dollars' worth of transactions involving securities in major...

Financial disclosures for US President Donald Trump showed hundreds of millions of dollars’ worth of transactions involving securities in major...

Wall Street braces for what could be the largest stock market debut in history, but the most cited academic on US IPO performance is warning buyers to sit on their hands. SpaceX is reportedly targeting a valuation of roughly $1.75 trillion in its planned offering, and Reuters this morning lined the deal up against three ... The Professor Who Tracks Every US IPO Just Issued a Warning on SpaceX: “Most of the Time, Things Don’t Go According to Plan.”

SpaceX is targeting a valuation of roughly $1.75 trillion in its upcoming ‌initial public offering, in what could be the ‌biggest-ever stock market debut by a U.S. company on Wall Street. The ​listing of Elon Musk-led SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa and Facebook, now Meta Platforms, which analysts ‌say reflects high growth ⁠expectations from the rocket and satellite company that it may struggle to meet. Analysts ‌say SpaceX's proposed valuation reflects in part how much investors are being asked to pay for future growth.

The country's largest credit card companies saw first-quarter spending increase 7% year over year to $1.1 trillion.

SpaceX is gearing up for what could be the largest IPO ever. What does history have to teach us?

Brazil is a politically divided country, but there's one thing that those on all sides of the political spectrum love: PIX, the country's instant payment system that allows users to pay for everything, from ice cream on the beach to clothes in a shopping mall and even a car. Unlike payment apps run by private banks, PIX is governed Brazil's Central Bank. “The best (payment method) is PIX, the most used,” said Luis Felipe de Almeida, a 21-year-old vendor of iced tea and cassava starch biscuits on Ipanema beach in Rio de Janeiro.

President Trump has just landed in Beijing ahead of a two-day summit with Xi Jinping. More than a dozen top U.S. business leaders have also made the trip. Notable names include Nvidia CEO Jensen Huang (a late addition) and Elon Musk, the CEO of both Tesla and SpaceX.

By Eduardo Baptista and Laurie Chen BEIJING, May 12 (Reuters) - From Meta to Tesla and BlackRock, the U.S. business delegation for President Donald Trump's summit with Chinese leader Xi Jinping this

Elo plans US listing in the second half of this year and could seek to raise up to $500m.

Elo plans US listing in the second half of this year and could seek to raise up to $500m.

(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,

More than a dozen top U.S. business leaders will travel to China for President Trump’s visit this week with Chinese President Xi Jinping, representing various American industries from finance to manufacturing.

Elon Musk, Apple's Tim Cook, GE Aerospace's Larry Culp and ‌Boeing's Kelly Ortberg will join U.S. President Donald Trump on his visit ‌to China this week, a White House official told Reuters. Others taking part include Meta's Dina ​Powell McCormick, Blackrock's Larry Fink, Blackstone's Stephen Schwarzman, Cisco's Chuck Robbins, Micron's Sanjay Mehrota, Mastercard'ss Michael Miebach, Qualcomm's Christiano Amon and Visa's Ryan McInerney, the official said.

Moby summary of AMN Healthcare Services, Inc.'s Q1 2026 earnings call

Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient ‌consumer spending and strong growth in its core businesses. The ‌Oakland, California-based company now expects annual gross profit to be $12.33 billion in 2026, compared ​with its previous forecast of $12.20 billion. U.S. consumer spending remained broadly resilient ‌in the first three ⁠months of 2026, underpinned by a stable labor market and wage growth.

Chime posted its first-ever quarterly profit on Wednesday, as resilient consumer spending in the first three months ‌of the year lifted demand for the financial technology firm's digital banking products. Consumer ‌spending remained resilient in the first quarter as individuals and businesses maintained spending trends and supported the payments sector, ​despite broader macroeconomic volatility linked to the war in the Middle East. Payments processing company Visa also reported a rise in quarterly profit last week, helped by the spending trends.

Artificial-intelligence lab Anthropic is diving deeper into the financial services industry, releasing tools on Tuesday that can speed up myriad tasks for banks and insurers while CEO ‌Dario Amodei predicted further software disruption. Hardly a year into unveiling ambitions to tailor AI for finance, Anthropic has rapidly expanded its business, with adoption by Goldman Sachs, Visa, Citi, AIG and others. Speaking from the stage at the ⁠packed event, Amodei said Anthropic's revenue in the first quarter had grown "80x" on an annualized basis.

NEW YORK, May 5 (Reuters) - Artificial-intelligence lab Anthropic is diving deeper into the financial services industry, releasing software on Tuesday that can speed up myriad tasks for banks,

8.30am: Oil prices ease, as Hegseth plays down Strait fighting Crude oil futures have eased further, as US defence officials struck a cautious tone on the Strait of Hormuz, saying Iranian actions remain below the threshold for a wider conflict, despite continued harassment of shipping. In...

AFRM is set to report Q3 fiscal 2026 results on May 7, with GMV, active consumers and transaction growth expected to lift revenues nearly 27% year over year.

PYPL heads into Q1 results with modest revenue growth expected and EPS decline forecast, as competition and FX pressures weigh.

Every few years, investors start to fret that payments giant Visa is finally going to be disrupted. The latest candidate for disruption is, naturally, artificial intelligence. The new fear is that agentic commerce, featuring AI agents doing consumers’ shopping for them, will displace people tapping, swiping or clicking with their credit or debit cards.

An Illinois law set to go into effect this summer would ban interchange fee on taxes and tips, and has banks up in arms.