Bloomberg

Italy Sounds Out Ukrainian, Indian Investors to Rescue Steel Plant

Abhinav Thawait

(Bloomberg) — Giorgia Meloni’s government is in preliminary talks with domestic, Ukrainian and Indian investors for a potential bid to ...

Glencore posts steep profit fall as energy crisis fades

Barbara Terrio

(Bloomberg) — Glencore Plc reported a steep drop in annual profit and lowered its dividend, after markets retreated from the ...

China Stocks Jump as Authorities Step Up Support: Markets Wrap

Barbara Terrio

(Bloomberg) — Chinese shares rallied after policymakers took more steps to revive investor confidence, defying broader weakness in Asia following ...

Palo Alto Networks Plunges After Cutting Revenue Forecast

Barbara Terrio

(Bloomberg) — Cybersecurity company Palo Alto Networks Inc. tumbled in late trading after cutting its revenue forecast for the year, ...

Top AI Memory Maker SK Hynix May Add to 95% Rally

Barbara Terrio

(Bloomberg) — Investors are bullish on the chance for more gains in shares of Nvidia Corp.’s top memory supplier SK ...

Apple Readies AI Tool to Rival Microsoft’s GitHub Copilot

Brendan Martin

(Bloomberg) — Apple Inc., racing to add more artificial intelligence capabilities, is nearing the completion of a critical new software ...

Argentina’s Milei Blasts Inflation Data, Focused on Reforms

Abhinav Thawait

(Bloomberg) — President Javier Milei blasted Argentina’s monthly inflation figure of 20.6% in January as “horrendous” even as it came ...

Ex-General Prabowo Declares Victory in Race to Lead Indonesia

Abhinav Thawait

(Bloomberg) — Indonesia’s Defense Minister Prabowo Subianto declared victory in Wednesday’s presidential vote, citing independent pollsters, putting him on course ...

A ‘Clerical Error’ in Lyft’s Outlook Triggered 67% Stock Run-Up

Barbara Terrio

(Bloomberg) — It was, without a doubt, a strong earnings report. Most Read from Bloomberg Lyft Inc. projected adjusted earnings ...

JetBlue Jumps as Icahn Discloses Stake, Seeks Board Seats

Barbara Terrio

(Bloomberg) — Activist investor Carl Icahn disclosed a 9.91% stake in JetBlue Airways Corp., calling the stock undervalued, and said ...