Bloomberg

Twitter Inc (NYSE: TWTR) shares jumped Tuesday afternoon following reports that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk plans to close the Twitter deal this week.  What Happened: According to a Bloomberg report, Musk on Monday "pledged to close" the...

Credit Suisse Group (NYSE: CS) shares have been volatile this week amid ongoing concerns over the Swiss bank's financial health. Now it appears some of the firm's lending clients are pulling back. What Happened: One of Credit Suisse's lending businesses has reversed...

Billionaire investor Ray Dalio has finally relinquished control of the world's largest hedge fund. What Happened: According to a Bloomberg report, Dalio, founder of Bridgewater Associates, has given up control of the hedge fund 12 years after a transition plan...

As the countdown begins for Apple, Inc.’s (NASDAQ: AAPL) “Far Out” hardware launch event on Wednesday, Bloomberg columnist Mark Gurman offered his take on what he said is the most important new product unveil expected at the event. Apple Playing Catch Up To Garmin: The Apple...

This week's U.S. jobs report could be a signal for what's to come from the Federal Reserve later this month.  What To Know: The U.S. jobs report, which is due at 8:30 a.m. Friday morning, will be closely watched, as it has the potential to shift the sentiment of Fed...

General Motors Company (NYSE: GM) CEO Mary Barra recently discussed the current standing of the automotive industry and touched on the company's transition to electric vehicles; but what may be even more important is what she didn't say.  What Happened: Barra reiterated...

Meta Platforms Inc (NASDAQ: META) has asked several banks to set up investor meetings for what would be the company's first-ever bond sale. Shares of Facebook's parent company appear to be responding well to the news.  What To Know: Meta shares are...

The second quarter is set to come to a close Thursday and the S&P 500 is on pace to close out its worst first half of the year since 1970. What To Know: Stock index futures are signaling a lower open after the Personal Income and Outlays report showed inflation measured...

Stock and cryptocurrency platform Robinhood Markets (NASDAQ: HOOD) saw shares surge Monday as it was reported the company could soon be acquired. Here’s the latest.  What Happened: Robinhood shares surged Monday on a report by Bloomberg that FTX could be looking to acquire the company...

The global road transportation market could hit carbon neutrality by the year 2050, according to a new analysis of the electric vehicle market by Bloomberg. Here are the key takeaways from the report. What Happened: In 2021, electric vehicles had market shares of 1% for vans and trucks, 9% of...

Apple Inc (NASDAQ: AAPL) provided its board a sneak peek of its long awaited mixed-reality headset last week, which led some to speculate the product could be unveiled as soon as this year.  What Happened: According to a Bloomberg report citing people with knowledge of the...

David Stone, a 36-year-old from Idaho, allegedly accessed stock picks from Motley Fool’s proprietary systems and made millions. Motley Fool is a private investment advisory company that offers insight into stocks and provides various premium services for passive investors, including stock-...

It’s been said that Elon Musk sells his cars with a splash of Freud. He keeps things sexy — or S3XY, because he failed to win the "Model E" trademark from Ford Motor Company (NYSE: F) and resorted to using "3" instead. That S.3.X.Y. lineup is almost...

Analysts at Bloomberg have determined a few reasons why Ethereum (CRYPTO: ETH) is gaining an upper hand over the Nasdaq 100. What Happened: In the most recent edition of Bloomberg’s crypto outlook report, analysts stated Ethereum’s performance advantage over the Nasdaq could be “...

Since November 2019, Chris Kempczinski has served as the CEO of McDonald’s Corp (NYSE: MCD). Here is a look at his net worth, job history and what he sees as the competitive advantages for the fast-food giant going forward. Chris Kempczinski Net Worth: Kempczinski has worked with McDonald...