Month: May 2024
Apple Developing Homegrown AI Chip for Data Centers: WSJ
Apple has been developing a chip that would be used to run artificial intelligence tools in data centers, according to…
#Xi and #Macron call for worldwide cease-fire during #olympics
China’s President Xi Jinping and France’s Prime Minister Emmanuel Macron called for a worldwide cease-fire during the upcoming Olympic Games….
#Ermotti says #UBS has “good momentum”
UBS returned to profit after two loss-making quarters, with both wealth management and the investment bank adding to sustained progress…
China Housing Market to Stabilize by Year End: Zhu Min
Zhu Min, the vice chairman of the China Center for International Economic Exchanges, discusses monetary policy, the yuan and the…
BP Profit Falls More Than Expected, Buybacks Maintained
BP maintained the pace of its share buybacks even as first-quarter profit and cash flow fell by more than expected…
Nasdaq President on Jobs Numbers, Fed Rates, IPOs
Adena Friedman, President of Nasdaq, talks about companies waiting to go public until after November’s US Presidential. She speaks with…
Citi’s Manthey Sees ‘Equity Broadening’ in Tech, Luxury
Citigroup European Equity Strategy Head Beata Manthey says the next six months will see the broadening of equity markets, with…
Israel Military Sends Troops Into Rafah as Cease-fire Plan Backed by Hamas Falls Short
Israeli troops have taken control of the Rafah border-crossing area in Gaza with Hamas saying all aid flows from Egypt…
Markets in 2 Minutes: US Yield Curve Steepening Seems Likely
Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on "Bloomberg Markets Today." ——– More…
Israel Army Video Shows Tanks Entering Rafah Border Crossing Area
Israeli army video, distributed by the Associated Press, shows troops entering the Gaza side of the Rafah border crossing. Israel…