Jensen Huang's resignation added to Nvidia's market woes, with the stock already in a downward slide since early October.
Oil refiners in Asia are increasingly turning back toward crude from Middle Eastern producers as flows rebound after months of conflict, lessening the need for imports from alternative suppliers including the US.
Data from statistical agency points to vast toll of progress by Moscow’s forces on a few small fronts
Car owners could save up to €300 on their motor insurance, according to research from the Central Bank.
Scouting Ireland told its senior leaders earlier this month that it has an €8.23 million deficit but said it remains in a “sound position” from which to fulfil its mission. In a presentation on November 7, a copy of which has been obtained by The Currency, the 38,000-member organisation said its gross income reached €8.6... View Article The post Facing a deficit of €8.23m, Scouting Ireland has a plan to meet historical abuse case costs. Will it work? appeared first on The Currency .
Emerging-market stocks are headed for their first weekly gain since late September as investors return to the technology sector on bets that the upheaval at Nvidia Corp. will not upend the wider artificial intelligence industry.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Chris Van Hollen to run to be majority leader in upper house after sweeping party victory in midterm elections
Nvidia-backed ‘neocloud’ tells investors it must obtain additional financing to fulfil Anthropic contracts
Concern over a potential tax on Chinese government bonds is spilling over to major policy banks, pushing up their borrowing costs.
That shift comes as Nvidia grapples with the fallout from Huang's resignation, following revelations about his multiple affairs.
A Microsoft outage disrupted Outlook and Teams worldwide, with reports from scores of countries and territories. Problems from 74 countries and territories within about an hour.
After 33 years building Nvidia into the world’s most valuable company, its founder’s career disintegrated in less than two weeks
Copper flicked higher on Friday, trimming losses racked up in recent days due to upheaval in the artificial intelligence sector and expectations of further hikes in US interest rates.
India’s largest pension fund plans to step up purchases of state debt, expecting their yield premium over the federal government bonds will widen further.
Japanese government bonds slumped on Friday, tracking Treasuries which saw a second straight session of losses as traders increased wagers on aggressive Federal Reserve interest-rate hikes.
October inflation beats estimates, accelerating to the highest level in two years.
New chair Harvey Jones and CEO Colette Kress need to steady the chip group after founder Jensen Huang’s shocking departure
We ask people in New York City how much they pay for their homes.
India’s $5.4 trillion equity market is bouncing back to life, creating a sweet spot for exchanges and brokerages as stronger trading activity brightens their earnings outlook.
New World Development Co. has suspended trading in its shares, as the embattled real estate firm prepares to make an announcement to investors a month after reporting a record annual loss.
US buyout firm Advent International Corp. has put up Singapore’s tutor-chain The Learning Lab for sale, marking its second attempt since 2021 to unload the asset, in part to repay debt, according to people familiar with the matter.
The FBI has seized more than $1.2bn (£910m) of cryptocurrency stolen from Binance last month.
Singapore Telecommunications Ltd. raised its full-year profit outlook after stronger performances in Australia, technology services and digital infrastructure lifted first-half underlying earnings.
Huang’s resignation has sent shockwaves through the AI industry, after revelations of extramarital affairs, including one involving a suspected Chinese spy Full report: Jensen Huang resigns as Nvidia CEO Analysis: Jensen Huang built an AI kingdom. Now he’s gone, will Nvidia’s ramparts be breached? Jensen Huang is expected to testify before the US Congress in the next fortnight, after the Nvidia CEO stepped down from the multi-trillion dollar company on Thursday, plunging the chipmaker into cr...
The silver market is set for a sixth straight annual supply deficit in 2026, even as solar manufacturers cut their use of the metal and investor selling eases pressure on the physical market.
A doubling of the Chinese currency’s share of global payments from the current 6%-7% is not impossible, according to the head of yuan internationalization at HSBC Holdings Plc.
Australia’s benchmark bond yield fell below its US counterpart for the first time in more than a year as expectations for monetary policy in the two nations diverge.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Ross Gerber, Gerber Kawasaki Wealth and Investment Management Co-Founder, President & CEO, Emily Kilcrease, Center for a New American Security Senior Fellow & Director, Nell Minow, ValueEdge Advisors Chair, Carolyn Everson, Permira Senior advisor, Dan Clancy, Twitch CEO, Jim Caron, Morgan Stanley Investment Management CIO...
Carolyn Everson, a board member at Coca-Cola, Disney and Under Armour and a senior advisor at Permira, discusses how boards respond to allegations involving executives. Everson speaks with Romaine Bostick and Jess Menton on “The Close.” (Source: Bloomberg)
Charles Elson, founding director of the University of Delaware’s Weinberg Center for Corporate Governance, says Nvidia’s board should have had a clearer succession plan and stronger oversight in place. He speaks with Romaine Bostick and Jess Menton on “The Close.” (Source: Bloomberg)
Experts warn that using AI to enhance property images can go too far and mislead prospective buyers.
Departure marks stunning end to three-decade tenure of executive who built chip company into an engine of the AI boom
A November rebound in beaten-down Chinese internet stocks is facing a reckoning in collateral damage from the scandal at Nvidia Corp.
A packing line is spitting 200 colourful bags of Cheestrings snacks a minute as general manager Stephen Stokes gives me a tour of Kinisla’s dairy consumer foods factory in Charleville, Co Cork. “We’re at capacity and we’re looking at how to add more,” he tells me. This is less than three years after the food... View Article The post Leveraging “huge demand for proteins”: Kinisla’s €300m strategy to beat volatile markets appeared first on The Currency .
Traffic restrictions remain in place around Dublin city on the second day of meetings involving European political leaders.
The Bank of England has forecast that food inflation will rise to around 5% next year.
Gold traded near a one-year low as investors ramped up bets on the Federal Reserve hiking rates to combat persistent inflation.
Nell Minow, Chair at ValueEdge Advisors, says she was surprised that Nvidia lacked an independent board chair and a formal succession plan. She discusses the allegations regarding Jensen Huang in an interview with Romaine Bostick and Jess Menton on “The Close.” (Source: Bloomberg)
Chris McGuire, a senior fellow for China and emerging technologies at the Council on Foreign Relations and former Biden administration technology and national security official, says the key question is not whether export controls can work, but whether they are being enforced. McGuire speaks with Romaine Bostick and Jess Menton on “The Close.” (Source: Bloomberg)
Braskem SA posted a larger-than—expected loss as petrochemical spreads narrowed amid a normalization of global supplies, outweighing stronger sales in Brazil.
Legislators demand Trump’s commerce secretary explain why he allowed chip sales to company linked to alleged Chinese spy
Windward Bio Group AG, raised about $225 million in a US initial public offering that priced at the midpoint of its marketed range, along with a private placement.
Extreme one-minute price swings have become a routine symptom of liquidity stress in Hong Kong’s $7 trillion equity market, occurring at a rate far higher than a standard model predicts, a new study shows.
Shares largely recovered by close of market Thursday as shareholders bought the dip and looked to group’s future without CEO
Without Huang, Cramer said Thursday, "There won't be a better Nvidia, just a different one."
Ukrainian President Volodymyr Zelenskyy said progress had been made during a meeting with US envoys in Ireland, hailing a prisoner swap deal and a decision to include Europeans in the next round of peace talks with Russia.
Peru raised interest rates for the first time in nearly four years to curb an inflation spike fueled by rising food and energy prices.
Oil held a gain after President Donald Trump said the US could forgo a deal with Iran, dimming prospects for a breakthrough to end the war that has roiled Middle East supplies.
Earlier this year, Malaysia’s Zetrix AI Bhd. was preparing to list its artificial intelligence unit on Nasdaq and had even built an AI avatar of Prime Minister Anwar Ibrahim. Now the onetime digital infrastructure star has lost more than 90% of its market value, is mired in debt and risks defaulting on its Islamic bonds.
The ultimate target of President Prabowo Subianto’s shakeup at the top of Indonesian politics may be the man who helped propel him to power after leading the country for a decade: ex-President Joko Widodo.
As Nvidia’s board seeks a new CEO, experts say that person will need a rare balance of tech vision and business savvy
The risks of giving leaders free rein when AI is at the heart of the economy, national security and just about everything else are now clear
A feud over how consumers can buy and sell homes escalated on Thursday with a slew of antitrust lawsuits filed across the country by the top US broker for residential properties.
Prediction market platform ends advisory deal amid mounting political scrutiny and rival investments in Polymarket
Beatriz Amat conta como o fluxo de veneno no Brasil: Como agrotóxicos entram no país. Com produção de Gisele Fernandes e edição de Mariana Lumy. (Source: Bloomberg)
Kalshi announces ‘mutual decision’ as Democrats say they plan to investigate Trump family’s investments Donald Trump Jr is no longer a paid adviser for Kalshi, the prediction market company said Thursday. Kalshi described it as a mutual business decision between the two parties that followed a decision by Trump Jr’s investment firm, 1789 Capital, to increase its investment in Kalshi’s biggest competitor Polymarket. Continue reading...
Stocks in Asia looked set for a cautious open as investors weighed the fallout from Nvidia Corp.’s leadership upheaval on the broader artificial-intelligence trade, a rally in oil and a surge in Treasury yields.
Fed Chair Warsh’s quiet style of communicating interest-rate policy has led to more volatile markets.
Nvidia's flat management structure could pose challenges for Huang's successor, according to experts.
Citadel Securities LLC has hired Matthew Zimmerman from Diameter Capital Partners LP for investment-grade corporate bond trading.
More people want to understand the fine print on plans this year, financial planners say.
Meatpacker National Beef Inc. said it is seeing a bottom in the US cattle industry’s downturn as it reported its highest margin in two years.
Why December is the best month of the year for momentum strategies
Before Nvidia Corp. was thrown into turmoil by the ouster of longtime chief executive Jensen Huang, a major initiative he championed alongside the giants of Wall Street was proving far more complicated than he had envisioned.
A shortage of available oil supertankers is constraining US crude exports, prompting shippers to hire smaller vessels and direct more cargoes to Europe, according to the head of the largest US port.
Cerebras announced a new deal with Microsoft after partnering with major cloud providers Amazon and Oracle.
Lauren Cassidy, Founder & Chief Investment Officer, at Founders 100 ETF says the Nvidia board should leave the door for Nvidia CEO Jensen Huang to return dependent on the results of the investigation because he has been an 'incredible executive.' Huang was ousted from his post after reports of three affairs, including one with a woman suspected of spying for China. Longtime Chief Financial Officer Colette Kress is taking the job of interim CEO, Nvidia said on Thursday, and Huang will no longe...
AustralianSuper is considering a range of open weight artificial intelligence models to rein in rising costs that saw the country’s largest pension fund run out of coding tokens within three days last month.
The Port Authority of New York and New Jersey is proposing a $10.3 billion budget for 2027 to help finance upgrades to the region’s airports, rail and bus terminals, and bridges.
Cisco is trying to become a bigger player in AI after missing out on the early years of the boom.
Nvidia stock accounts for a fairly large share of many mutual funds and ETFs. But losses in the stock don't necessarily mean big losses for the overall fund.
Anthropic PBC’s initial public offering has drawn about six times the orders for the shares available, according to people familiar with the matter, as interest increases for potentially the biggest first-time share sale ever.
After a year of wild swings, the yen surprised traders by settling into a tight range clustered near 158 per dollar over recent months. But on Wednesday it broke out again, unexpectedly weakening toward 160.
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