Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift
(Bloomberg) — While software stocks rebound from the artificial intelligence-driven wipeout earlier this year, Salesforce Inc. hasn’t really…
Delivery Hero Says Uber Proposed €33 a Share Takeover Bid
(Bloomberg) — Uber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share as it seeks…
Microsoft Is Market’s Biggest Drag as AI Woes Weigh Down Stock
(Bloomberg) — The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year…
Gold Rises as Trump Says US in ‘Final Stages’ on Iran
(Bloomberg) — Gold advanced as optimism surrounding US-Iran efforts to end the Middle East conflict eased bets on…
HSBC CEO Georges Elhedery warns AI will cut banking jobs
HSBC Holdings CEO Georges Elhedery warned Wednesday that artificial intelligence will “destroy” certain jobs while creating others, urging…
Bank CEOs’ AI Obsession Collides With Warning From Watchdogs
(Bloomberg) — As bank executives increasingly tout the promise of artificial intelligence to slim down workforces, regulators are…
Kioxia Shares Hit New High After AI Fuels Huge Profit Increase
(Bloomberg) — Kioxia Holdings Corp.’s shares rose 16% to a new high on Monday, as buy orders flooded…
PBOC Warns on Imported Inflation, Focuses on Policy Transmission
(Bloomberg) — China’s central bank has warned on the risks of imported inflation from higher oil prices stemming…
OpenAI, Plaid to Bring Tailored Financial Guidance to Masses
(Bloomberg) — OpenAI is partnering with Plaid Inc. to give consumers using ChatGPT personalized financial advice based on…
Curious Yen Spikes Have Traders Gaming Japan ‘Warning Shots’
(Bloomberg) — Every few trading sessions, the yen jolts higher against the dollar, and then it suddenly drops.…
Gilts Slump in Anticipation of Burnham Challenge to Starmer
(Bloomberg) — UK government bonds tumbled after Manchester Mayor Andy Burnham secured a pathway to potentially challenge Keir…
China’s Economy Is Entering Another Quarter of K-Shaped Growth
(Bloomberg) — Chinese consumption probably expanded far slower than the pace of industry in April, as trade remained…