US stocks slide as investors fret over high valuations for AI companies
Cautious comments from top bank executives add to jittery sentiment on Wall Street.
Cautious comments from top bank executives add to jittery sentiment on Wall Street
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Cautious comments from top bank executives add to jittery sentiment on Wall Street.
Cautious comments from top bank executives add to jittery sentiment on Wall Street
Canadaâs government will proceed with measures announced last year to allow some businesses to speed up how quickly they write off machinery and equipment, as well as to expense research and development costs immediately to save on corporate taxes.
Canadaâs government will proceed with measures announced last year to allow some businesses to speed up how quickly they write off machinery and equipment, as well as to expense research and development costs immediately to save on corporate taxes.
(Bloomberg) - Canada will make broader use of a state-owned bank to provide loans and venture capital to companies in the defense industry, part of a suite of measures to squeeze economic benefits from an increase in military spending.
(Bloomberg) - Canada will make broader use of a state-owned bank to provide loans and venture capital to companies in the defense industry, part of a suite of measures to squeeze economic benefits from an increase in military spending.
The worldâs largest sovereign wealth fund voted against Teslaâs proposed $1 trillion pay package.
The worldâs largest sovereign wealth fund voted against Teslaâs proposed $1 trillion pay package. Bloombergâs Craig Trudell discusses what this could mean for the upcoming shareholder vote with Caroline Hyde and Ed Ludlow on âBloomberg Tech.â (Source: Bloomberg)
The do-it-yourself traders who embraced Bitcoin ETFs as crypto moved into the mainstream are getting a taste of the digital-asset hype cycle.
The do-it-yourself traders who embraced Bitcoin ETFs as crypto moved into the mainstream are getting a taste of the digital-asset hype cycle.
As the AI trade encounters a speed bump, experts advise investors not to panic and to instead focus on fundamentals.
As the AI trade encounters a speed bump, experts advise investors not to panic and to instead focus on fundamentals.
As New Yorkers go to the polls to elect a new mayor, Democratic candidate Zohran Mamdani holds a double-digit advantage in the polls over independent Andrew Cuomo heading into the home stretch.
As New Yorkers go to the polls to elect a new mayor, Democratic candidate Zohran Mamdani holds a double-digit advantage in the polls over independent Andrew Cuomo heading into the home stretch. Mamdani told Bloomberg's Myles Miller earlier, that any victory would be a mandate. Miller is tracking the race from Brooklyn. (Source: Bloomberg)
Star hedge fund manager discloses $912mn bearish wager.
Star hedge fund manager discloses $912mn bearish wager
Bitcoin prices retreated below $100,000 for the first time since June on Tuesday, bringing the pioneering cryptocurrency to the cusp of a bear market, Dow Jones Market Data showed.
Bitcoin prices retreated below $100,000 for the first time since June on Tuesday, bringing the pioneering cryptocurrency to the cusp of a bear market, Dow Jones Market Data showed.
Lanhee Chen, fellow in American Public Policy Studies at the Hoover Institution at Stanford University and former candidate for California State Controller (R), said that Governor Gavin Newsom was able to successfully frame his redistricting plan to bring in financial backing and support from the larger Democratic party.
Lanhee Chen, fellow in American Public Policy Studies at the Hoover Institution at Stanford University and former candidate for California State Controller (R), said that Governor Gavin Newsom was able to successfully frame his redistricting plan to bring in financial backing and support from the larger Democratic party. If Prop 50 passes, it could help determine control of Congress in next year's midterm. (Source: Bloomberg)
Alfred Lin and Pat Grady will take over as âsenior stewardsâ following a tumultuous period for the group.
Alfred Lin and Pat Grady will take over as âsenior stewardsâ following a tumultuous period for the group
Daniela Manique, CEO, Latin America, Rhodia & Global President, Coatis Business Unit, Solvay Group and Ricardo Mussa, Chair, Sustainable Business COP discuss the role of the private sector in the upcoming Belem negotiations with Bloomberg's Meg Szabo at Bloomberg Green at COP30 in Sao Paulo.
Daniela Manique, CEO, Latin America, Rhodia & Global President, Coatis Business Unit, Solvay Group and Ricardo Mussa, Chair, Sustainable Business COP discuss the role of the private sector in the upcoming Belem negotiations with Bloomberg's Meg Szabo at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
The restaurant chain reached out to more than 40 potential buyers and received multiple offers, according to CEO Kelli Valade.
The restaurant chain reached out to more than 40 potential buyers and received multiple offers, according to CEO Kelli Valade.
Former Virginia Governor Terry McAuliffe said the state's voters, many of them federal workers, will take out their frustration with the shutdown and the state of the local economy on Trump and Republicans in today's election.
Former Virginia Governor Terry McAuliffe said the state's voters, many of them federal workers, will take out their frustration with the shutdown and the state of the local economy on Trump and Republicans in today's election. (Source: Bloomberg)
Smart investors identify areas where the market might move opposite to expectations.
Smart investors identify areas where the market might move opposite to expectations.
Investors will be keeping a close watch Wednesday as the Supreme Court hears oral arguments in a case that could determine whether most of President Donald Trumpâs wide-ranging tariffs will stand or not.
Investors will be keeping a close watch Wednesday as the Supreme Court hears oral arguments in a case that could determine whether most of President Donald Trumpâs wide-ranging tariffs will stand or not.
Riley Duren, CEO, Carbon Mapper; Justine Roure, Vice President, Strategy & Policy, OGCI and Daisy Streatfeild, Chief Sustainability Officer, Ninety One discuss the regulations, technologies and quality data that are reshaping emissions reductions in the oil and gas sector with Bloomberg's Akshat Rathi at Bloomberg Green at COP30 in Sao Paulo.
Riley Duren, CEO, Carbon Mapper; Justine Roure, Vice President, Strategy & Policy, OGCI and Daisy Streatfeild, Chief Sustainability Officer, Ninety One discuss the regulations, technologies and quality data that are reshaping emissions reductions in the oil and gas sector with Bloomberg's Akshat Rathi at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
Danny Alexander, CEO, Infrastructure Finance & Sustainability, HSBC; Miki Edelman, Senior Managing Director & Head of Americas, Macquarie Group and Ambroise Fayolle, Vice-President, European Investment Bank discuss how companies are advancing â and funding â their future-proofing efforts to build resilient communities and businesses with Bloomberg's Jennifer A.
Danny Alexander, CEO, Infrastructure Finance & Sustainability, HSBC; Miki Edelman, Senior Managing Director & Head of Americas, Macquarie Group and Ambroise Fayolle, Vice-President, European Investment Bank discuss how companies are advancing â and funding â their future-proofing efforts to build resilient communities and businesses with Bloomberg's Jennifer A. Dlouhy at Bloomberg Green at COP30 in Sao Paulo. (Source: Bloomberg)
After a rough start to 2025 that saw the dollar tally its worst first-half performance in a calendar year since at least the early 1970s, the greenback has been rising steadily since the Federal Reserve started cutting interest rates again in September.
After a rough start to 2025 that saw the dollar tally its worst first-half performance in a calendar year since at least the early 1970s, the greenback has been rising steadily since the Federal Reserve started cutting interest rates again in September.