Demand for artificial intelligence has led to soaring valuations for some tech companies, even as US policy uncertainty remains. Stephanie Aliaga, global market strategist from JPMorgan’s Asset Management Market Insights Team, joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Venture capital firm Eclipse has hired longtime T. Rowe Price investor Joe Fath as a partner and head of growth. Fath, known for his bets on companies including Tesla and Rivian, explains what he will bring to Eclipse, a firm focused on startups in physical industries, on “Bloomberg Tech.” (Source: Bloomberg)
Swiss President Karin Keller-Sutter arrived in Washington to make a last-minute bid for a deal to lower the 39% tariff imposed last week by Donald Trump.
Archer-Daniels-Midland Co. expects higher biofuel blending mandates in the US to boost its profits, potentially triggering a much-needed turnaround for the troubled crop trader and processor.
Matt Miller and Sonali Basak sit down with Avinash Mehrotra, Global Head of Activism & Takeover Defense at Goldman Sachs, on Bloomberg's "Open Interest" to explore the current wave of aggressive dealmaking in the private markets and the transformative role AI could play in shaping future M&A strategies. (Source: Bloomberg)
MercadoLibre CFO Martin de los Santos breaks down recent earnings for the Brazilian e-commerce platform and provides insight into the company's efforts to grow within Brazil and throughout Latin America, including moves to slash shipping prices. (Source: Bloomberg)
Developing-nation stocks climbed for a second day on Tuesday as the prospect of interest rate cuts by the Federal Reserve and optimism about earnings boosted risk sentiment.
On today's episode of Bloomberg Businessweek Daily, Martin de los Santos, CFO of MercadoLibre with Bloomberg News Senior Editor Nina Trentmann. Rick Smith, Founder and CEO of Axon on his company's earnings. Bloomberg's Adam Farrar and Michael Shepard also discussed the latest headlines on Trump's trade policy. (Source: Bloomberg)
Opendoor Technologies Inc. was nursing years of losses and grappling with a potential delisting when it became a meme stock. Then, in a matter of days, the real estate company rallied 460%.
Andersons Inc. has acquired the remaining stake in its ethanol joint venture with Marathon Petroleum Corp. for $425 million, and the crop trader is still looking to expand.
Williams Cos., one of the world’s largest pipeline operators, projects liquid natural gas will expand to become more than 25% of the US gas market in the next decade.
Natural gas and pipeline company Williams has seen its stock rise up to 40% over the past year, outperforming the energy sector as well as the broader markets. Williams President and CEO Chad Zamarin explains why there a lot of buzz in the energy industry with Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
Axon shares gain as much as 18%, the most since Feb. 26 and enough to reach a record intraday high, after the maker of Tasers and other public safety equipment reported second-quarter earnings per share that topped expectations. Analysts also noted strong bookings for the company’s AI plan. Axon's CEO Rick Smith says he expects the company's AI offerings to help boost police department efficiency , and that private, enterprise security, is the biggest source of growth for the company. (Source: Bloomberg)
Startup ElevenLabs, known for its AI voice creation tool, is launching a music service. CEO Mati Staniszewski discusses licensing partnerships, creator demand, and why ElevenLabs branched into music. He speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
A new law aimed at raising pension benefits for some Chicago police and firefighters risks further straining the city’s finances, according to S&P Global Ratings.
Tesla continues to post steep sales declines in some of Europe’s biggest electric vehicle markets as Chinese rival BYD sees sales pick up in the region. Bloomberg’s Stefan Nicola explains what this means for the Elon Musk-led company on “Bloomberg Tech.” (Source: Bloomberg)
Venus Williams returned to professional tennis due to insurance reasons, citing her need to pay for COBRA, a federal law that allows individuals to temporarily continue their employer-sponsored health insurance. The US system of health insurance is built on employer-sponsored coverage, which has "scant labor market or health justification" and is driven by "entrenched interests" rather than producing good health outcomes. Bloomberg's Kathryn Anne Edwards has more on the story. (Source: Bloomberg)
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