Bloomberg

Korean Chip Stocks Sink on Chinese Rival Worry, Broadcom Remarks - Bloomberg.com

A global slide in semiconductor stocks deepened, sending South Koreas chip-heavy equity benchmark down 7% as concerns about AI overheating and Chinese competition intensified. Samsung Electronics Co…

AI’s Giant Money Loop Is Drawing Foreign Cash Like 2008 - Bloomberg.com

If you want to understand the way capital is flowing around the world right now and the new stress points forming, take a drive outside Washington to Loudoun County, Virginia. Two decades ago, it was…

French Supermarket Refrigeration Sites Hit by Cyberattacks - Bloomberg.com

Hundreds of supermarkets in France were hit by cyberattacks on Sunday night that disabled refrigeration systems and forced stores to throw out damaged food, following warnings that hackers are seeking to cause physical damage.

Oil Rises on Mideast Attacks, Dollar Edges Higher: Markets Wrap - Bloomberg.com

Stock and bond futures advanced as crude oil extended its decline, with traders looking past the latest attacks on Saudi Arabia that have threatened to widen the war in the Middle East. Futures for …

Nvidia Discusses Boosting Reflection Investment, Computing Deal - Bloomberg.com

Nvidia Corp. is in talks to boost its investment in Reflection AI or offer the startup computing power, a move that would strengthen ties with a key developer of open-weight models, according to a person familiar with the matter.

AI Issuers Are Upending Longstanding Safety Valve - Bloomberg.com

When financing gets more expensive, companies usually slow down their bond sales. Tech companies have instead been ramping up this year, and talk this week of potential big financings from SpaceX and Broadcom Inc. only amplified investor fears about the wave …

AI's Supercharging a Scam Economy Bigger Than the Cocaine Trade - Bloomberg.com

Samsung computers, Huawei smartphones, Redmi handsets and dozens of Chinese and Malaysian passports. Some suspects fled the scene, and when police moved in, nearly 20 Chinese nationals were taken i…

Data Center Darling’s $30 Billion IPO Dream Crushed in 48 Hours - Bloomberg.com

In 48 hours, Firmus Grid Ltd. went from a rising star of the artificial intelligence data center boom to one of the biggest deal flops in recent memory. After months of touting itself as an essentia…

Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow - Bloomberg.com

Firmus Grid Ltd. abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia Corp.-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations.

Tech Stocks to Fall as OpenAI Sinks US Chipmakers: Markets Wrap - Bloomberg.com

Asian stocks dropped, tracking declines on Wall Street, as speculation about OpenAIs revenue revived concerns over the sustainability of the artificial-intelligence spending boom. Oil edged lower. T…

Oracle Moves Gas by Trucks to Avoid Data Center Power Delays - Bloomberg.com

Oracle Corp. is using a novel power strategy to keep several data centers on track: trucking natural gas directly to the server farms. The truck deliveries kept a data center on the outskirts of Sal…

Chipotle Jumps on Report Starbucks Has Explored Takeover - Bloomberg.com

Chipotle Mexican Grill Inc. shares jumped after the Financial Times reportedBloomberg Terminal that Starbucks Corp. has worked with advisers in recent months on a takeover proposal for the burrito c…

Goldman’s Top Leaders Set to Score More Than $500 Million With Special Bonus - Bloomberg.com

Goldman Sachs Group Inc.s most senior leaders are set to unlock a special bonus that will rank among the biggest such payouts the firm has ever awarded. About 20 executives are in line for equity a…

SK Hynix’s Flash Memory Unit Said to Pick Banks for 2027 US IPO - Bloomberg.com

SK Hynix Inc.s Solidigm has picked lead banks for its US initial public offering next year, according to people familiar with the matter. The South Korean firms flash memory unit selected Goldman Sa…

Paramount’s Monster Debt Deal Offers Few Safeguards to Investors - Bloomberg.com

Bond investors backing David Ellison’s audacious $110 billion takeover of Warner Bros. Discovery Inc. are making a bold bet of their own — lending tens of billions of dollars while forgoing many of the legal safeguards typical in debt-laden buyouts.

SpaceX Credit-Risk Gauge Hits Fresh High on Fundraising Reports - Bloomberg.com

A measure of SpaceX’s credit risk surged to a fresh high and the company’s bonds weakened in the secondary market on Wednesday, following reports the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp.

Google, Unity Launch Platform to Create Video Games From AI Prompts - Bloomberg.com

Alphabet Inc.’s Google and gaming tools developer Unity Software Inc. announced a new platform that will allow people to create video games from simple text prompts, marking the latest incursion of generative artificial intelligence into artistic and creative…

Dalio Says We’re Nearing Point Where AI Bubble May Burst - Bloomberg.com

Billionaire Ray Dalio warned that artificial intelligence is a classic bubble that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash. Speaking at the …

Record Run for US Stocks to Set Tone for Asia: Markets Wrap - Bloomberg.com

Asian stocks slipped, in contrast to Wall Streets record-setting rally, as enthusiasm over the corporate earnings outlook failed to carry over to the region. Treasuries fell as oil climbed. MSCIs As…

Apple to Launch Doorbell, Lock, Thermostat Developed With LG - Bloomberg.com

NASA Eyes Bulk Rocket Buy for Moon Base Amid SpaceX Phaseout - Bloomberg.com

NASA is close to announcing a bulk purchase of rocket launches to fuel its $30 billion drive to build a permanent base on the moon for humans to live and work. Its a new strategy that comes as the s…

Ray Dalio Warns China, Japan May Pull Back From US Treasuries - Bloomberg.com

Billionaire Ray Dalio warned that Treasuries are vulnerable to a pullback of demand from China and Japan, two of the US’s largest foreign creditors, highlighting a potential pain point for a market that has endured wild swings this year.

Stocks Edge Up to Near Record, Bonds Extend Slide - Bloomberg.com

Global stocks edged toward record highs as investors shrugged off concerns about elevated oil prices and bond yields near multi-decade highs. A tech-led rally on Wall Street pushed the Nasdaq 100 In…

Musk Is a Trillionaire Again as SpaceX Claws Back Post-IPO Slump - Bloomberg.com

Elon Musk is a trillionaire again. The fortune of the worlds richest person jumped by $65 billion on Monday to $1.04 trillion, according to the Bloomberg Billionaires Index, as the value of his sta…

The Only Billionaires Making Money This Year Are In Tech - Bloomberg.com

If 2026 feels like a banner year for the worlds tech billionaires, the numbers bear it out. The roughly 100 technology fortunes among the worlds 500 richest people gained a combined $845 billion thr…

Asian Shares Rise as Fed Bets Ease, Bonds Edge Up: Markets Wrap - Bloomberg.com

Asian stocks rose after softer US jobs data reduced pressure on the Federal Reserve to keep raising interest rates. Oil erased early gains, while bonds crept higher. MSCIs Asia Pacific equities inde…

Schneider Said to Near Deal to Buy PTC for More Than $20 Billion - Bloomberg.com

Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. for more than $20 billion, according to a source familiar with the matter. The transaction could b…

Wall Street’s AI Party Is on Edge as Soaring Yields Raise Risks - Bloomberg.com

Wall Street’s artificial intelligence fixation is so strong that it’s overwhelming all risks, including soaring interest rates, as investors continue to plow money into the market’s largest technology stocks and push equity indexes toward record highs.

Paramount Debt Drop Spells Trouble for Borrowers: Credit Weekly - Bloomberg.com

Borrowing is getting harder for companies. Funding costs have surged as inflation fears have climbed globally. The average yield on a high-grade US corporate bond topped 6% this week for the first …

OpenAI Safety Employee Quits, Calls for Nuclear-Level Safeguards - Bloomberg.com

An OpenAI employee focused on AI safety has quit the company and warned that top artificial intelligence firms aren’t doing enough to mitigate the technology’s risks, joining a growing chorus of employees raising alarms from within the industry.

Bessent Downplays Worries on Rising Yields, AI Bubble Concerns - Bloomberg.com

Treasury Secretary Scott Bessent said the recent rise in US Treasury yields was in line with global trends and didn’t warrant consternation, even as worries about persisting price pressures pushed some benchmark rates to their highest in more than two decades.

Larry Ellison Risk Exposed by Paramount and Oracle Debt Binges - Bloomberg.com

As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry Ellison — are starting to stir angst on Wall Street.

US Stock Futures Advance Ahead of September Payrolls Data - bloomberg.com

US stocks rose on Friday as key jobs data came in below expectations, taking pressure off the Federal Reserve to raise interest rates later this month. The S&P 500 Index finished 0.7% higher in …

Global Credit Market Starts to Sputter as Jumbo Deals Drag - Bloomberg.com

Credit markets are showing signs of caution, as surging bond yields, growing inflation fears, and record borrowings make high-grade company debt seem like less of a bastion of safety. Spreads on gl…

Citadel Securities Buys Stake in Wolfe Research for Trading Flow - Bloomberg.com

Citadel Securities is taking a minority stake in Wolfe Research to help win new trading business as it makes a bigger push with institutional investors. The market-maker founded by Ken Griffin will…

Manchester City Verdict Strains UK-UAE Diplomatic Relations - Bloomberg.com

A historic legal ruling against Manchester City Football Club has placed diplomatic ties between the UK and the United Arab Emirates under significant strain, with billions of pounds in projected foreign investment at stake.

Anthropic Said to Target Mega-IPO Before Thanksgiving Holiday - Bloomberg.com

Anthropic PBC is seeking to go public as soon as the middle of November, according to people familiar with the matter, after the artificial intelligence model maker pushed back plans to list. The fi…

Angry Bondholders Flood Wall Street With Complaints on Paramount Losses - Bloomberg.com

Just hours after Paramount Skydance Corp. issued $52 billion of debt to fund the biggest Hollywood buyout ever, investors were nursing hundreds of millions of dollars in losses, triggering a flurry of angry calls from money managers to Wall Street banks that …

Asian Stocks Eye Rough Start After US Reversal: Markets Wrap - Bloomberg.com

US stock-index futures advanced and Asian technology shares gained as Micron Technology Inc.’s upbeat forecast boosted sentiment toward the sector. Treasuries held their losses, while the dollar strengthened.

Australia’s Property Boom Is Unraveling. How Bad Will It Get? - Bloomberg.com

For the past three decades, Australia’s property market has experienced a prolonged boom, with prices rising sharply despite periodic downturns. In the past seven years alone, national house prices have risen by roughly 70%, resulting in one of the most expen…