Trump's tax law is cutting billions from corporate tax bills. Meta, Amazon, and Palantir are among the biggest winners. Here's what it means for each stock.
Trump's tax law is cutting billions from corporate tax bills. Meta, Amazon, and Palantir are among the biggest winners. Here's what it means for each stock.
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Bloomberg’s Asia Agriculture reporter Pratik Parija in Delhi, filling in for Menaka. If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . My colleagues and I haven’t had a breather since th...
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Bloomberg’s Asia Agriculture reporter Pratik Parija in Delhi, filling in for Menaka. If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . My colleagues and I haven’t had a breather since the war in Iran started, and today was no different. Oil jumped again (and that’s bad news for India as we have written about), after US President Donald Trump vowed an escalation to the war in Iran over coming weeks, damping hopes of a swift resolution and prolonging disruptions to energy flows through the vital Strait of Hormuz. Some of that fallout has been felt in financial markets. The rupee has been hitting successive lows despite repeated intervention by the RBI, with pressure intensifying after the Iran war drove up India’s energy bill. Little wonder the central bank doubled down this week. Authorities intensified their crackdown on speculation on the exchange rate, extending curbs to offshore derivatives just days after tightening limits on banks’ local positions. The Indian rupee posted its biggest gain in more than 12 years today after the RBI’s latest move, as currency trading resumed after a two-day break. The gains came despite broad weakness across most regional currencies amid Trump’s latest comments. Next up in this edition, I take a look at how the Middle East conflict has repercussions for an input critical to our nation’s agriculture sector. But first, the stories you need to read, watch or listen to from us today. Best of Bloomberg President Trump finally tried to sell the American public on his Iran war. But his primetime address five weeks into the messy conflict instead underscored his growing defensive posture. Countries across Asia are jockeying for leverage and adopting splintering approaches as they respond to Trump’s call to open the Strait of Hor...
PM Images/DigitalVision via Getty Images Introduction As I write this, there's a ton of uncertainty surrounding the U.S. economy. As someone who was bullish on the overall market, mainly due to us seeing multiple interest rate cuts this year, now I'm not so sure. However, in chaos comes opportunity. And as long as I can remember, now may be one of the best times to be an income-oriented investor. ...
PM Images/DigitalVision via Getty Images Introduction As I write this, there's a ton of uncertainty surrounding the U.S. economy. As someone who was bullish on the overall market, mainly due to us seeing multiple interest rate cuts this year, now I'm not so sure. However, in chaos comes opportunity. And as long as I can remember, now may be one of the best times to be an income-oriented investor. I've stated previously that investors should have at least 2 portfolios minimum. And one of those should be solely focused on income. With the likelihood for the market to see muted returns for at least the near to medium-term, this article highlights why now may be a good time to be an income-focused investor, and two high yield picks I like and why. Uncertainty Rising In 2025, although we saw uncertainty, the S&P ( SP500 ) still managed to close up over 16%, solid all things considered. The market was led by the Technology ( XLK ) sector due to AI enthusiasm. Through the first three plus months of 2026, things have seemed to shift. Now, the market seems to believe the economy may be in worse shape than advertised. Me, personally, I never believed the economy was in all that good of shape. Mainly due to what I've personally witnessed from family & friends. And going forward, I think things may get worse before they get better. We also are currently at war with Iran. And at the time of writing, Iran has rejected peace talks. Currently, Iran has laid out 5 conditions for the war to end . The question is will the U.S. & Israel accept. My belief is no. And the longer the war goes on, the worse things will likely get. At the time of writing, Iran has closed the Strait of Hormuz, causing oil & gas prices to rise. There's also the potential to see the U.S. send in ground troops into Iran. If this happens, I foresee market volatility increasing and potentially entering bear market territory. This is because inflation fears will increase, dimming rate cut hopes. Not to mention, mor...
benedek/iStock via Getty Images Introduction Wealth isn’t earned anymore. It’s owned. This is the conclusion I reached after reading a recent Wall Street Journal article. I have to say that it sounds a bit as if someone asked a chatbot to come up with a catchy phrase about wealth strategies, yet I think it perfectly sums up the situation in America. All of this is about an article titled “They’re ...
benedek/iStock via Getty Images Introduction Wealth isn’t earned anymore. It’s owned. This is the conclusion I reached after reading a recent Wall Street Journal article. I have to say that it sounds a bit as if someone asked a chatbot to come up with a catchy phrase about wealth strategies, yet I think it perfectly sums up the situation in America. All of this is about an article titled “They’re Rich but not Famous - and They’re Suddenly Everywhere.” In this case, “they” refers to very rich Americans. We’re not talking about millionaires who are worth seven figures because they have paid off their $500,000 house and own $600,000 in stocks, cash, and retirement savings, but the people who have eight or nine-figure net worth. The kind of people who may own a fancy place in Naples, Florida. As it turns out, there are roughly 430,000 households in the U.S. that have a net worth of more than $30 million. 74,000 of these households have a net worth of more than $100 million. This may not come as a shock, but the number of ultra-wealthy households has grown faster than the population, according to the article. The Wall Street Journal That’s obviously because many people benefited from massive stock price gains. To give you the simplest example I can think of, in 2010 (not even during the 2009 lows), the S&P 500 ETF ( SPY ) traded at roughly $90. Now, that number is at $633. Please note that these are total return numbers, which means the dividend has been included. Every dollar you had invested has been multiplied by 7x since then. So, a $100,000 investment is now worth $700,000. Needless to say, everyone who consistently invested in the market is likely in a very good spot right now. That’s why it’s interesting to figure out how these people got so wealthy. Maybe you’re one of them. I know for a fact that some of my regular readers are very wealthy. According to the article, over the past 50 years, the 0.1% has grown their wealth 13x. That’s entirely adjusted for inflati...
BV Investment Partners ("BV"), a middle-market private equity firm focused on tech-enabled business services and solutions, today announced the majority sale of CallTower, a global leader in managed cloud communications, contact center and collaboration solutions, to Court Square Capital Partners. BV and CallTower management will retain a minority stake in the business.
BV Investment Partners ("BV"), a middle-market private equity firm focused on tech-enabled business services and solutions, today announced the majority sale of CallTower, a global leader in managed cloud communications, contact center and collaboration solutions, to Court Square Capital Partners. BV and CallTower management will retain a minority stake in the business.
Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans as investment in artificial intelligence catalyzes leaner staffing levels. Employers in the technology sector announced 18,720 job cuts , up more than 24% from March 2025, according to outplacement firm Challenger, Gray & Christmas Inc. That brought the industry total to m...
Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans as investment in artificial intelligence catalyzes leaner staffing levels. Employers in the technology sector announced 18,720 job cuts , up more than 24% from March 2025, according to outplacement firm Challenger, Gray & Christmas Inc. That brought the industry total to more than 52,000 so far this year, the most first-quarter cuts since 2023. Overall, US-based employers announced 60,620 job cuts last month, up more than 25% from February. For all industries, AI accounted for a quarter of layoff announcements. “Companies are shifting budgets toward AI investments at the expense of jobs,” Andy Challenger , the company’s chief revenue officer, said in a statement. “The actual replacing of roles can be seen in technology companies, where AI can replace coding functions. Other industries are testing the limits of this new technology, and while it can’t replace jobs completely, it is costing jobs.” The figures underscore growing concerns that AI will lead to large-scale labor market disruption, especially for white-collar workers. In the tech industry, AI models promise to make coding far easier and less labor intensive. Read More: AI’s Threat to Entire Firms Is Driving the New Scare Trade Tech companies like Meta Platforms Inc. , Oracle Corp. , and Jack Dorsey’s Block Inc. are undertaking workforce reductions as resources get redirected to investment in AI. Still, overall layoff rates have remained low, with the labor market still in a “low-hire, low-fire” state. Total layoff announcements were down 78% in March from the same month last year. The report Thursday also showed that hiring intentions almost tripled from the previous month. Still, hiring plans so far this year are down from the same period in 2025, consistent with soft labor demand. Data out Wednesday from ADP Research showed payrolls at US companies increased by 62,000 in March aft...
Author and academic says role is a chance ‘to make real, meaningful changes’ as trust confronts links to enslavement It’s a story that connects the inventors of the KitKat – the beloved British chocolate bar – with colonial history and its legacies. Now, the ways in which enslavement, indenture and European imperialism fed supply chains for Rowntree’s, the confectioners who invented Fruit Pastille...
Author and academic says role is a chance ‘to make real, meaningful changes’ as trust confronts links to enslavement It’s a story that connects the inventors of the KitKat – the beloved British chocolate bar – with colonial history and its legacies. Now, the ways in which enslavement, indenture and European imperialism fed supply chains for Rowntree’s, the confectioners who invented Fruit Pastilles and Smarties as well as KitKat, are being confronted. Continue reading...
HJBC/iStock Editorial via Getty Images TotalEnergies ( TTE ) and United Arab Emirates-backed renewable energy group Masdar said Thursday they have formed a $2.2B joint venture to merge their onshore wind and solar activities in nine Asian countries. The JV will be "both companies' sole vehicle for developing, building, owning, and operating onshore solar, wind, and battery storage projects," with ...
HJBC/iStock Editorial via Getty Images TotalEnergies ( TTE ) and United Arab Emirates-backed renewable energy group Masdar said Thursday they have formed a $2.2B joint venture to merge their onshore wind and solar activities in nine Asian countries. The JV will be "both companies' sole vehicle for developing, building, owning, and operating onshore solar, wind, and battery storage projects," with assets spread across nine countries: Azerbaijan, Indonesia, Japan, Kazakhstan, Malaysia, the Philippines, Singapore, South Korea, and Uzbekistan. Each company will hold a 50% stake in the Abu Dhabi-based JV, which will have ~200 employees from both firms; management will be announced at a later date. The companies said they will contribute to a total portfolio of 3 GW of operational capacity and 6 GW of development assets due to come online by 2030, with each partner contributing assets of similar value. "Asia will be the main driver of global electricity demand growth this decade, and this collaboration with TotalEnergies will accelerate our progress across the continent, unlocking new opportunities to deliver the competitive, reliable energy solutions that our partners and customers need," said Masdar chairman Sultan Ahmed Al Jaber, who is also CEO of Abu Dhabi National Oil Company. More on TotalEnergies TotalEnergies: Nearing Or At A Cyclic Peak (Rating Downgrade) TotalEnergies Has Future Growth Potential TotalEnergies: Then Came Iran
Mobix Labs ( MOBX ) said that its board of directors approved the company's 1-for-10 reverse stock split of the company's Class A common stock. The reverse split was approved by the stockholders of the company at the annual meeting held on March 23, 2026 and will legally take effect at 4:00 p.m. ET, on April 6, 2026. The move addresses MOBX's ongoing non-compliance with Nasdaq's $1 minimum bid pri...
Mobix Labs ( MOBX ) said that its board of directors approved the company's 1-for-10 reverse stock split of the company's Class A common stock. The reverse split was approved by the stockholders of the company at the annual meeting held on March 23, 2026 and will legally take effect at 4:00 p.m. ET, on April 6, 2026. The move addresses MOBX's ongoing non-compliance with Nasdaq's $1 minimum bid price rule, in effect since April 2025. The stock price slumped 19% on Thursday during pre-market hours. More on Mobix Labs Mobix Labs, Inc. (MOBX) Shareholder/Analyst Call Prepared Remarks Transcript Mobix Labs stock dips after pricing $6M offering Financial information for Mobix Labs
How Mine Production and Milling Capacity Expansion on Track Redwing Mine Restart Program Advances with Dewatering Milestone Tulani Sikwila Named CEO and Leadership Team Expanded to Support Growth Strategy Management to Host Business Update Conference Call on April 2 nd at 8.30am
How Mine Production and Milling Capacity Expansion on Track Redwing Mine Restart Program Advances with Dewatering Milestone Tulani Sikwila Named CEO and Leadership Team Expanded to Support Growth Strategy Management to Host Business Update Conference Call on April 2 nd at 8.30am
Roland Magnusson/iStock Editorial via Getty Images AstraZeneca ( AZN ) announced on Thursday that a combination regimen containing its antitumor agent, Imfinzi, was successful in a late-stage trial for a subset of patients with hepatocellular carcinoma, the most common type of liver cancer. The EMERALD-3 Phase 3 trial was designed to evaluate the effects of Imfinzi when administered alongside AZN’...
Roland Magnusson/iStock Editorial via Getty Images AstraZeneca ( AZN ) announced on Thursday that a combination regimen containing its antitumor agent, Imfinzi, was successful in a late-stage trial for a subset of patients with hepatocellular carcinoma, the most common type of liver cancer. The EMERALD-3 Phase 3 trial was designed to evaluate the effects of Imfinzi when administered alongside AZN’s CTLA-4 blocker, Imjudo, a medical procedure called transarterial chemoembolization, and lenvatinib, a cancer therapy marketed by Eisai ( ESALF ). The global trial enrolled 760 patients with unresectable HCC who were eligible for embolization. Citing an interim analysis, the Anglo-Swedish drugmaker stated that the on-drug arm containing Imfinzi showed a statistically significant and clinically meaningful improvement in progression-free survival, the primary endpoint of EMERALD-3. There were no new safety events, and the safety profile of the combination regimen was consistent with the established safety profiles of individual drugs. While there was a trend favoring overall survival , a key secondary endpoint, the company said EMERALD-3 will continue until there is additional evidence on OS and other secondary endpoints. “We are discussing these positive data with global regulatory authorities while awaiting the final results from the key secondary endpoints,” added Susan Galbraith, Astra’s ( AZN ) Executive Vice President of Oncology Hematology R&D. More on AstraZeneca PLC AstraZeneca: The Big China Bet AstraZeneca: Q4 Earnings Analysis - Ticks The Boxes, Upgrading To Buy AstraZeneca PLC (AZN) Q4 2025 Earnings Call Transcript AstraZeneca succeeds in two Phase 3 trials for COPD therapy Anti-vaccine group asks RFK Jr. to add more vaccine injuries to compensation program
US President Donald Trump is coming under increasing international pressure after he pledged in a primetime speech to continue the war on Iran, sparking further turmoil in energy markets, with little sign the Strait of Hormuz will be open soon. French President Emmanuel Macron on Thursday said Trump’s demands for help reopening the vital waterway through military means are “ unrealistic ,” calling...
US President Donald Trump is coming under increasing international pressure after he pledged in a primetime speech to continue the war on Iran, sparking further turmoil in energy markets, with little sign the Strait of Hormuz will be open soon. French President Emmanuel Macron on Thursday said Trump’s demands for help reopening the vital waterway through military means are “ unrealistic ,” calling for consultation with Iran to come up with a solution. The United Arab Emirates is appealing to the United Nations to authorize a range of measures, including force, to get oil and gas flowing through the strait again, with fears growing of a global supply crisis. In a speech Wednesday night, Trump said the US-Israeli alliance would carry out further operations against Iran “over the next two to three weeks,” repeating a threat “to hit each and every one of their electric-generating plants” if Tehran doesn’t agree to US demands to end the fighting. Read More: Full Transcript of Trump’s Speech to the Nation on Iran War The Islamic Republic continued attacks across the Persian Gulf on Thursday and showed little appetite to start talks, let alone concede defeat. The foreign ministry said Iran had received US messages through intermediaries including Pakistan, but that American demands were “maximalist and illogical.” The back and forth rattled energy markets. Brent crude climbed around 8% to above $109 a barrel. Europe’s diesel futures rose to more than $200 a barrel , the highest level since 2022, as the ongoing war and the effective closure of Hormuz cause fuel shortages. US Treasury yields rose and global stocks slumped, underscoring concerns about stagflation, or higher inflation and slower economic growth. Iranian missile and drone attacks were reported by Gulf Arab states overnight and into Thursday. The US embassy in Baghdad warned that Iraqi militias may carry out attacks on central parts of the city in the next two days, including against American citizens. Read More...
William_Potter/iStock via Getty Images The investment thesis in USA Rare Earth ( USAR ) lies in being a "political asset", as an optional call in the reshoring of the rare earth chain in the U.S.—with clear potential to become a strategic "mine-to-magnet" player, but still in the pre-revenue stage and highly speculative. It is very complex to rely on speculation in the markets, so it is almost obv...
William_Potter/iStock via Getty Images The investment thesis in USA Rare Earth ( USAR ) lies in being a "political asset", as an optional call in the reshoring of the rare earth chain in the U.S.—with clear potential to become a strategic "mine-to-magnet" player, but still in the pre-revenue stage and highly speculative. It is very complex to rely on speculation in the markets, so it is almost obvious to say that USAR is an asset with levels of volatility far beyond the standard (91% implied volatility ). Because it is an event-driven thesis, milestones drive the price. After announcing significant funding at the end of January, the thesis basically left the "if" and entered the "when/how", with the management team basically saying that now that there is cash in place, the next step is to accelerate execution, as there are clear milestones until 2030. Whereas, in the near term, in order, USA Rare Earth has (1) commissioning of the magnet plant (Stillwater) starting in 1Q26 being the first sign of real monetization; (2) disclosure of supply agreements/POs throughout 2026; and (3) government funding coming by milestones (2026-2028)—in this case with formal approval and first disbursements being a catalyst; I believe that 2026 still tends to be an eventful year for USAR. Anticipating that the stock is currently experiencing a strong pullback—nearly 45% since the announcement of the CHIPS Act and PIFE funding—I anticipate that there is a high probability, considering the nature of the USAR stock, that new catalysts in sight tend to have effects similar to those experienced at the end of January of this year. Data by YCharts With that in mind, I anticipate the present moment as constructive for starting a long position. Why Rare Earths Matter More Than Ever At the moment, the megatrend is based on a political war for minerals, where today, there is China dominating ~80-90% of the world's rare earth chain, and the U.S. is reacting to this scenario, seeking greater strateg...