Fiserv is set to report its second-quarter earnings soon, and analysts project its EPS to fall by modest double digits.
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GE Vernova's second-quarter earnings are due later this month, and analysts are projecting robust double-digit growth in earnings.
Micron and Apple trade blame, extreme heat is here, Strategy’s Bitcoin plan shifts, and more news to start your day.
The companies offered concessions to the commission to ease competition concerns about the planned $81 billion deal.
Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above the range to raise $1.68 billion. The listing will test investor appetite for software companies after the industry was hammered earlier this year over fears that AI could disrupt established business models. Software companies have been largely absent from the U.S. IPO market so far in 2026, even as a steady flow of large deals and SpaceX's blockbuster listing pushed second-quarter proceeds past a record-breaking $100 billion.
Markets begin the second half cautiouslyUS stock futures traded lower on Wednesday ahead of the first session of the second half of the year, with investors preparing for comments from Federal Reserve Chair Kevin Warsh, fresh US manufacturing data and ongoing geopolitical developments in the Middle East. By 03:16 ET, Dow Jones futures were down 202 points, or 0.
July 1 (Reuters) - JPMorgan on Wednesday named Rahul Badhwar as senior country officer for India, according to a statement.
Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz and Nissan. In June, Wayve said it will deploy its system in robotaxis from Jeep maker Stellantis, to go on Uber's ride-hailing network.
Joby Aviation is teaming up with Toyota to create air taxis.
A few years ago, the idea of using hundreds of small engines to power gigawatts of data-center capacity would have seemed ridiculous. More hyperscalers are seeking to hook their data centers to off-grid power, bypassing lengthy wait times to connect to the grid. Many of them are looking to smaller natural-gas turbines that have shorter wait times than the heavy-duty ones.
BT Group spent more than 18 months looking for a buyer for its international business. Nobody bit. So BT did something different: It gave half of its international business to Verizon and kept the other half. BT and Verizon announced on June 29 that they signed an agreement to combine their ...
Millions of older Americans are on the cusp of more affordable access to popular weight-loss drugs when a major Medicare coverage expansion kicks in July 1.
The president is traveling to North Dakota on Wednesday for the opening of Theodore Roosevelt’s presidential library.
44 The S&P 500 and Nasdaq have notched that many record closes combined in 2026, most recently driven by the artificial-intelligence boom that has fueled eye-popping gains in shares of chip makers supplying the build-out.
(Bloomberg) -- Alphabet Inc. has had a remarkable 12 months by just about any measure you can imagine.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsWhatsApp Opens Username Reservations to 3 Billion UsersYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanThe stock price has more than doubled, raising its market capitalization by more t
Jerome Powell's successor removed something that Wall Street and investors have held near and dear since 2003.
It’s been a wild few months for markets: Oil industry disruption. Resurgent inflation. Nerves about AI. Despite it all, US stocks are still trading near record highs.
Galderma shares fell after the Swiss skincare specialist failed to obtain approval from the U.S. Food and Drug Administration for its latest product to rival AbbVie’s Botox for the second time. Shares in Galderma were down 5.6% in European morning trading Wednesday, leaving the stock up 7% since the start of the year. The company said it received a complete response letter from the FDA declining its application for the product—marketed in some countries as Relfydess and also known as relabotulinumtoxinA—with comments related to observations during an inspection of the company’s manufacturing site and its analytical method optimization.
Bloomberg Opinion's Andrea Felsted assesses the outlook for the sportswear market and how the football World Cup impacts competition between Nike Inc. and Adidas AG. Felsted speaks on Bloomberg Television. Her views are her own.
European Technology Commissioner Henna Virkkunen had a "constructive" talk with Apple's Chief Executive Tim Cook during a video call held on Monday, said a Commission spokesperson. They spoke about "topics of common interest" on which work continues, the spokesperson added on Wednesday. The iPhone maker has said its Siri AI would not be available initially in the EU on iPhones or iPads and faulted the European Commission for refusing to engage constructively with them to ensure privacy and security on their devices, while the Commission blamed Apple, saying the company had been unable to develop "interoperability" to meet EU standards.
NIKE is prioritizing margin recovery, tighter inventory and sport-led execution as uneven demand keeps pressure on Sportswear and sales.
Tech deals accounted for a record $302 billion of global issuance in the first six months of the year, raising questions around investor capacity to absorb IPOs expected in the coming months.
Nike Inc (NKE) reports mixed results with revenue declines but shows promise through strategic investments and innovation in key markets.
The Iran war handed Exxon Mobil (XOM) and Chevron (CVX) their sharpest stock surge in years. Then the peace dividend arrived, and it had the opposite effect. West Texas Intermediate prices fell to about $69 a barrel on June 28, its lowest since late February. This happened as tanker traffic ...
French container shipping group CMA CGM is nearing a deal to buy FedEx’s third-party logistics business for $1.4bn in cash, further strengthening...
(Bloomberg) -- On the southwest coast of County Cork, where the lush green landscape gives way to the paler green of the Atlantic Ocean, Ireland is about to make its mark in the tech world again. A subsea cable is due to make landfall here, a high-capacity fiber-optic link designed to handle artificial intelligence loads for Amazon Web Services customers across Europe.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blo
FedEx will be closing its local shipping center at 2200 Ragu Drive next month. According to David Westrick, a FedEx spokesman, the facility will be closing permanently on Aug. 29. Westrick said he could not provide any specific details about the number of employees that will be affected or how this will affect local FedEx shipping services. Local customers have already started receiving emails ...
The platform, said to be Korea’s largest for renewable energy, will have around 1.7 gigawatts of capacity currently in operation and a development pipeline that would raise its total capacity to 10 gigawatts.
SEOUL, July 1 (Reuters) - South Korea's antitrust regulator alleged on Wednesday that Alphabet's Google abused its dominant position in the Android app marketplace to hinder competition and will
Grocery shopping has become a lot more complicated for customers. Shoppers want low prices, but they also want fresh produce, cold dairy, reliable pickup, faster delivery, and shelves that are stocked when they walk into a store after work. That puts more pressure on what happens behind the scenes. ...