German defense firm Rheinmetall cut its 2026 sales target for the second time, citing delays with the Boxer armored vehicle program that would push orders into next year. Bloomberg's Benedikt Kammel has the details. (Source: Bloomberg)
Micron Technology Inc. has suspended plans for a memory chip plant in Taiwan due to a protracted labor dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial AI components.
Robinhood is expanding into the Middle East, with plans to launch its retail investing platform from a new regional headquarters in Dubai next year. Johann Kerbrat, Robinhood's SVP and Crypto and International General Manager spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa about their expansion but also the impact of the US midterms on crypto. (Source: Bloomberg)
Income has a new address in the United States. Many of the largest companies today plow back much of their record earnings instead of handing out higher dividends which leaves investors who want both growth and yield stuck between two goals.
This election proved persuasion still works in American democracy, showing that voters aren't permanently locked into political teams or tribal loyalties.
This election proved persuasion still works in American democracy, showing that voters aren't permanently locked into political teams or tribal loyalties.
The African National Congress, South Africa’s biggest political party, appears to have hemorrhaged support in Wednesday’s municipal elections, modeling based on the early results shows.
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
The Indian Computer Emergency Response Team (CERT-In) has disclosed that an artificial intelligence (AI)-assisted threat actor it tracks as Crafty Falcon is targeting organizations in the Banking, Financial Services, and Insurance (BFSI) sectors in the country.
Describing the threat as active and ongoing, the activity involves the use of publicly-available AI-driven offensive security tools
(RTTNews) - Next Plc (NXT.L) reported that, in the thirteen weeks to 31 October, full price sales were up 8.1% versus last year. The Group said the growth in the UK has slowed compared to the first half of the year, with full price sales up 2.0% versus last year, in line with its
(RTTNews) - Next Plc (NXT.L) reported that, in the thirteen weeks to 31 October, full price sales were up 8.1% versus last year. The Group said the growth in the UK has slowed compared to the first half of the year, with full price sales up 2.0% versus last year, in line with its
Laura Cooper, Nuveen's global investment strategist and macro credit head, discusses the surge in financing for the AI buildout and why she sees attractive opportunities in being exposed to hyperscalers. She speaks on Bloomberg Television. (Source: Bloomberg)