Aggregated from 40+ premium financial sources. Click any article to read and translate on Stonkistan.
MMG Ltd. said profit more than tripled last year, buoyed by higher commodity prices and strong output at key mines, though still fell short of analyst estimates.
Kevin Warsh is still months away from taking the helm at the Federal Reserve, but his ability to deliver the interest-rate cuts President Donald Trump expects is facing hurdles as the US economy, and his future colleagues, tilt in the opposite direction.
Oil price surge is prompting traders to scale back bets on easier monetary policy.
Gold slumped more than 5% after a four-day rally as traders weighed the escalating war in the Middle East against the prospect of a stronger dollar and elevated inflation.
Federal Reserve Bank of Minneapolis President Neel Kashkari examines the potential inflation impact on the United States from the war with Iran and what it could mean for monetary policy. He speaks on the sidelines of Bloomberg Invest. (Source: Bloomberg)
The US Securities and Exchange Commission asked leveraged-ETF issuers not to move forward with a new wave of planned funds, using a rare group call Monday to renew its push against increasingly aggressive fund structures.
Pat McGrath, the makeup artist behind Taylor Swift’s famous red lipstick, has agreed to a deal to pull her cosmetics company out of bankruptcy, but she has to give up control.
Municipal bonds deepened their selloff on Tuesday, with benchmark yields rising as much as eight basis points, as geopolitical unrest in the Middle East and surging oil prices roil US Treasuries for a second day.
President Donald Trump warns strikes on Iran could last weeks — and tells Tehran to stand down. Oil surges the most in four years as tanker traffic stalls in the Strait of Hormuz and a key Saudi refinery shuts down. As tensions escalate, inflation fears roar back — piling new pressure onto markets already on edge. Bloomberg Invest panelists react to the news at our event in New York. (Source: Bloomberg)
MongoDB shares fell over 20% in Tuesday's session after the database software company gave weaker-than-expected forecasts for full-year revenue and first-quarter adjusted earnings. Its fiscal 2027 sales-growth outlook was below consensus, reviving analyst and investor concern about expansion amid an intensifying product race, and signaling rising competition and slower expansion of customer wallets. The company's recent quarters showed better execution, but 2027's revenue guidance implies year-over-year deceleration. MongoDB President and CEO CJ Desai joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
The Taiwan dollar extended losses to its weakest since May, weighed down by heavy foreign outflows spurred by the war in the Middle East.
A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil. Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and other vessels through the world’s most-critical energy chokepoint. Oil prices waned in post-settlement trading, with Brent trading near $80 a barrel. Don Calcagni, Chief Investment Officer at Mercer Advisors, joins Bloomberg Businessweek Daily to discuss. Calcagni also speaks about investment strategy amid a volatile backdrop. He speaks with Carol Massar and Tim Stenovec from the Bloomberg Invest conference in New York City. (Source: Bloomberg)
Asian stocks extended their slide into a third day and oil edged up as the war in Iran threatens to unleash a wave of global inflation and traders pare bets for interest-rate cuts by the Federal Reserve.
Asian liquefied natural gas soared to the highest level since 2023, as the Middle East conflict forced a shutdown at the world’s largest export plant in Qatar and halted shipping through the Strait of Hormuz.
Costly oil will pressure the rupee and push up inflation, Macquarie warns.
Adidas AG’s earnings forecast disappointed investors hoping for bigger profits from the German brand as it contends with higher US tariffs and unfavorable currency swings.
Japan power prices surged this week as the conflict in the Middle East raised concerns about prolonged disruptions to energy supply.
Vistry Group Plc shares tumbled the most in 17 months after the UK homebuilder warned of sluggish profit growth this year and announced the retirement of Chief Executive Officer Greg Fitzgerald.
European bonds fell for a third session as oil and natural gas prices continued to surge, with a US plan to protect a crucial Mideast shipping lane failing to calm investor sentiment.
Investors should see any correction in equities as a buying opportunity, rather than signaling the start of a bear market, according to Goldman Sachs Group Inc. strategists.
Kamakshya Trivedi, chief FX and EM strategist at Goldman Sachs, sees inflation trending down if there is a quick resolution to the war on Iran, allowing the Federal Reserve to deliver two interest-rate cuts this year. (Source: Bloomberg)
Jet fuel prices are soaring around the world as oil traders grapple with the fallout of the Iran war, adding to wider concerns about global inflation.
Blackstone Inc. financed its acquisition of residential services provider Champions Group with a more than $1 billion private credit loan as buyout firms and lenders seek refuge from sectors prone to artificial intelligence disruption.
JPMorgan Chief US Economist Michael Feroli breaks down the latest US services sector data and hints that, based on the core PCE, inflation may be heading in the wrong direction. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)