What every headline means for your market
Market headlines straight from their sources, sorted by market, each with the live state of the instruments it affects.
Hedge Funds Cut Tech at Fastest Pace in a Decade, Goldman Says
Hedge funds retreated from tech stocks at the fastest clip in at least a decade, according to Goldman Sachs Inc.’s prime desk.
Avis Budget (CAR) Stock Crashes as 600% Short Squeeze Rally Fully Unwinds
Shares of Avis Budget Group Inc. have crashed back to earth, ending a chapter that put bearish investors through a punishing short squeeze.
Why a former Intel skeptic is giving up his negative call on the stock after four years
Intel’s manufacturing and chip design have improved, according to a J.P. Morgan analyst.
SpaceX’s stock made billions for college endowments. But their luck is about to…
Outsized positions have made many higher-education endowments less diversified and more at risk when shares slide
Treasuries Fall as Tech Shares Rebound, Weakening Haven Demand
Treasuries fell as a rebound in US technology shares sapped haven demand for US government debt.
Inside a Packaging Industry Mega-Deal
Silgan is teaming up with American Industrial Partners to acquire Trivium Packaging in a deal valued at about $3.4 billion dollars. Silgan President and CEO Adam J. Greenlee discusses the strategic fit, expected benefits for shareholders and what the deal says about consumer demand and the broader economy. (Source: Bloomberg)
Walmart Sells US Debt, Eyes Canadian Market as Spending Grows
Walmart Inc. is selling US dollar bonds for a second time this year and sounding out investors for a debut Canadian debt offering as the world’s largest retailer seeks to diversify its funding sources amid a spending spree.
Mercados dudan de la euforia electoral en Latinoamérica
Los fuertes rallies desatados por elecciones en Latinoamérica comienzan a mostrar grietas, mientras inversionistas evalúan si seguir apostando por la región o asegurar ganancias.
CIBC Preps Up to C$1 Billion Limited Recourse Capital Note Sale
Canadian Imperial Bank of Commerce is readying a sale of as much as C$1 billion ($710 million) of additional tier-one bonds, according to people familiar with the matter.
High Frequency Trader Optiver Seeks $900 Million Debt Package
Optiver Holding BV is looking to secure about $900 million in financing as the market maker seeks to expand its trading activities, according to people familiar with the matter.
Stocks Rise as Tech Rebounds
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
Turkey Market Regulator Chief Steps Down During Fund Crisis
Turkey’s market regulator chief, Mahmut Sutcu, stepped down on Monday during the fallout of a fund crisis that’s upended the country’s markets.
Women may be at greater risk of AI job losses. Telephone switch operators and PCs show why
The history of technological progress suggests that as AI spreads, the employment impact will hit women more than men.
Kimberly-Clark Raising $4.9 Billion for Tylenol Maker Takeover
Kimberly-Clark Corp. is set to raise $4.9 billion from an investment-grade bond sale to help fund its pending acquisition of Tylenol maker Kenvue Inc.
Morgan Stanley’s Wilson Says Get Ready to Buy as Stock Drop Ends
Investors should prepare to add risk to their portfolios as a months-long pullback in parts of the equity market nears an end, according to Morgan Stanley’s Michael Wilson.
Pakistan Growth Disappoints as Middle East Crisis Tests Recovery
Pakistan’s economy grew less than expected in the last quarter of the financial year to June, signaling a loss of momentum in the recovery as the conflict in the Middle East poses fresh risks to the outlook.
China Signals Overnight Rate Set to Become Main Policy Benchmark
China’s central bank signaled its overnight reverse repurchase rate will replace the current seven-day rate as the new policy benchmark, in another step that aligns it closer with global peers.
India’s Finance Minister blames easy exits and excess liquidity for equity market's…
Sitharaman identified fuel, fertilizer and access to capital as risks for India’s economy in 2027.
HKMA Gives Darryl Chan New Roles in Executive Function Reshuffle
Hong Kong’s de facto central bank is again shuffling executive roles, according to people familiar with the matter, as it prepares to make way for a new crop of leaders in the coming years.
France’s Bonds Drop as Rioting Heaps Pressure on Government
French government bonds dropped after a weekend of violent unrest, underlining the tension between protesters upset over the cost of living and a government that can’t pay to keep the peace.
Philippines Summons China Envoy Over ‘Use of Force’ Threat
The Philippines said its top diplomat summoned China’s envoy to protest his remarks on use of force amid their maritime dispute in the South China Sea.
Saudi Arabia Intercepts Drone Waves, Trump Says Riyadh Welcomes US and Israeli Support
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
UK Gilts Face Budget Test as Bond Market Calm Holds
Investors say a budget that avoids surprises could even spark a relief rally
Dubai Sweetens First IPO Since War With $592 Million Dividend
DIP Holding PLC is trying to rustle up demand for the United Arab Emirates’ first initial public offering since the Iran war began by offering investors dividend payouts worth $592 million over the next three years.