Bloomberg Tech Co-Host Ed Ludlow joins David Gura, Christina Ruffini, and Lisa Mateo on “Bloomberg This Weekend” to play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week on Bloomberg.com (Source: Bloomberg)
Bloomberg Tech Co-Host Ed Ludlow joins David Gura, Christina Ruffini, and Lisa Mateo on “Bloomberg This Weekend” to play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week on Bloomberg.com (Source: Bloomberg)
The great investor Peter Lynch once observed that more money has been lost by investors preparing for corrections than has ever been lost in the corrections themselves. This is a timeless insight, because at any moment in market history, there's always a credible-looking list of risks, and a roster of respected voices is always happy to recite every item while sounding serious. The market of 2026 ...
The great investor Peter Lynch once observed that more money has been lost by investors preparing for corrections than has ever been lost in the corrections themselves. This is a timeless insight, because at any moment in market history, there's always a credible-looking list of risks, and a roster of respected voices is always happy to recite every item while sounding serious. The market of 2026 is offering yet another case study showing why it's usually better not to let those statements scare you out of the market. Through the first quarter and into April, several of Wall Street's most recognizable commentators made specific, datable forecasts that have already been proven incorrect. The individual calls themselves are less interesting than the mechanism that keeps producing them, so let's take a look at what was predicted and why. Image source: Getty Images. Continue reading
monsitj/iStock via Getty Images Gold buying during India’s Akshaya Tritiya festival remained subdued on Sunday as record prices discouraged jewelry purchases, though investment demand showed some resilience, Reuters reported Sunday. Akshaya Tritiya is one of India’s most important gold-buying occasions, second only to Dhanteras, with purchases of precious metals considered auspicious. Gold futures...
monsitj/iStock via Getty Images Gold buying during India’s Akshaya Tritiya festival remained subdued on Sunday as record prices discouraged jewelry purchases, though investment demand showed some resilience, Reuters reported Sunday. Akshaya Tritiya is one of India’s most important gold-buying occasions, second only to Dhanteras, with purchases of precious metals considered auspicious. Gold futures in India closed Friday at 154,609 rupees per 10 grams, nearly 63% above levels seen during last year’s festival. Spot gold recently traded near $4,861 an ounce after reaching a record $5,594.82 in January. Surendra Mehta of the India Bullion and Jewellers Association said demand was weaker than usual across most of the country, with some exceptions in southern states. Retail buyers have increasingly shifted toward gold coins, which are easier to sell, while jewelers offered lower making charges to attract customers. According to the World Gold Council, India’s jewelry demand fell 24% in 2025 from a year earlier, while investment demand rose 17% to its highest level since 2013. Dealers said buying habits are evolving, with consumers increasingly purchasing throughout the year during price dips rather than concentrating purchases around festivals. More on SPDR Gold Shares ETF, Gold Spot Price Macro Insights: The 'Spoils Of The Iran War' Hidden In The Market Has Gold's Performance Structurally Changed? Gold's Potential Bullish Breakout Above $4,900 Gold rises to one-month high as Strait of Hormuz called 'completely open' Gold little changed as traders weigh progress toward Middle East truce
Elon Musk said more Tesla Inc. Diners are coming, confirming an expansion of the retro-futuristic charging-and-food concept just days after he hinted that the next site could be in Palo Alto, California. Musk Signals Wider Diner Expansion Ahead On X, Musk reposted a clip from Tesla North America showing drivers ordering food from their cars while en route to the West Hollywood diner and wrote, "Mo...
Elon Musk said more Tesla Inc. Diners are coming, confirming an expansion of the retro-futuristic charging-and-food concept just days after he hinted that the next site could be in Palo Alto, California. Musk Signals Wider Diner Expansion Ahead On X, Musk reposted a clip from Tesla North America showing drivers ordering food from their cars while en route to the West Hollywood diner and wrote, "More Tesla Diners coming." More Tesla Diners coming https://t.co/bZwtFE8ape— Elon Musk (@elonmusk) Apr
Higher nutritional standards are a good idea. But ministers, like hungry pupils, must avoid looking for ‘grab-and-go’ fixes For growing children, lunchtime is a vital moment in every day. Full-time education is demanding. Afternoon lessons only work because they come after a break – and food. And children, like adults, often mind a great deal about what they eat. So school menus are important. Las...
Higher nutritional standards are a good idea. But ministers, like hungry pupils, must avoid looking for ‘grab-and-go’ fixes For growing children, lunchtime is a vital moment in every day. Full-time education is demanding. Afternoon lessons only work because they come after a break – and food. And children, like adults, often mind a great deal about what they eat. So school menus are important. Last week’s announcement that school food standards in England are being updated thus deserved its positive reception. It is right that the Department for Education should shape what comes out of school canteens, as should the devolved administrations in Scotland, Wales and Northern Ireland. England’s last review was 13 years ago, and school food has fallen a long way down the policy agenda since Jamie Oliver’s televised war on Turkey Twizzlers . Other pressing issues such as special educational needs provision, and falling school rolls , have taken its place. Continue reading...
Expensive Germany playmaker showed only glimpses of his quality in the Merseyside derby win against Everton As Mohamed Salah’s farewell tour continues apace, Liverpool are desperately seeking new heroes but are still overly reliant on the veterans. The next generation has to take the team forward but it was the calmness of the Egyptian and Virgil van Dijk that secured a dramatic late victory in th...
Expensive Germany playmaker showed only glimpses of his quality in the Merseyside derby win against Everton As Mohamed Salah’s farewell tour continues apace, Liverpool are desperately seeking new heroes but are still overly reliant on the veterans. The next generation has to take the team forward but it was the calmness of the Egyptian and Virgil van Dijk that secured a dramatic late victory in the tightest of Merseyside derbies. The summer’s recruitment was supposed to future-proof the Premier League champions but it has created a season of transition. One of the key arrivals was Florian Wirtz, bought for what was, briefly, a club record fee of £116m from Bayer Leverkusen. The costs of signing world-class players are always going to take the headlines but should soon be forgotten once the individual starts displaying his talents. Continue reading...
The head of Ukraine’s police patrol, Yevhen Zhukov, has handed in his resignation after two police officers were seen fleeing the scene when a gunman opened fire in Kyiv, killing at least six. “As an officer with combat experience, I have decided to tender my resignation from my current post. I believe this is the right thing to do,” said the police general at a press conference in Kyiv on Sunday....
The head of Ukraine’s police patrol, Yevhen Zhukov, has handed in his resignation after two police officers were seen fleeing the scene when a gunman opened fire in Kyiv, killing at least six. “As an officer with combat experience, I have decided to tender my resignation from my current post. I believe this is the right thing to do,” said the police general at a press conference in Kyiv on Sunday. It comes after an unknown gunman killed at least six people and injured more than a dozen others in...
Spencer Platt/Getty Images News New York Mayor Zohran Mamdani praised a proposed annual surcharge on high-value second homes, calling it a key part of his effort to increase taxes on wealthy residents. “I always said that I believed in the importance of taxing the rich,” Mamdani said in an interview with NBC’s Meet the Press airing Sunday. “This is taxing the rich.” Mamdani and Governor Kathy Hoch...
Spencer Platt/Getty Images News New York Mayor Zohran Mamdani praised a proposed annual surcharge on high-value second homes, calling it a key part of his effort to increase taxes on wealthy residents. “I always said that I believed in the importance of taxing the rich,” Mamdani said in an interview with NBC’s Meet the Press airing Sunday. “This is taxing the rich.” Mamdani and Governor Kathy Hochul have said they are nearing agreement on a so-called pied-a-terre tax that would apply to second homes in New York City valued above $5 million. The added annual charge would come on top of existing property taxes. Hochul has said roughly 13,000 properties would be affected. “That is an agreement that we have to tax the wealthy,” Mamdani said, while adding that personal income and corporate taxes remain the “most straightforward” methods of raising more revenue from top earners. When asked whether he still supports broader tax increases on affluent residents, Mamdani described the second-home levy as “an incredible step” that signals a “different kind of path” as the city faces a projected $5.4 billion budget shortfall over two years. “I think the final part of this budget process is to ensure that we’re balancing the budget at zero,” he added. Mamdani has framed the proposal as a way to improve affordability and fund city services, while arguing that owners of expensive part-time residences benefit from New York without contributing enough. He again pointed to Citadel founder Ken Griffin’s $238 million purchase of a Central Park South penthouse in 2019, which set a U.S. residential sales record at the time. “This is the kind of real estate activity that’s happening in this city, homes that are largely empty for much of the year, but it all occurs while New Yorkers are hurting in this same city,” Mamdani told NBC. More on iShares New York Muni Bond ETF, Nuveen New York AMT-Free Quality Municipal Income Fund, etc. NRK: Discount Narrowing And Reliance On ROC Supports Less B...
The Nasdaq Composite index endured a torrid time in the first quarter of this year, shedding just over 7% of its value, with its momentum driven by factors such as the Middle East conflict, higher oil prices, mixed economic data, and the rising odds that the U.S. will soon enter a recession. However, the tech-heavy index has made an impressive comeback so far in April, erasing those declines. Its ...
The Nasdaq Composite index endured a torrid time in the first quarter of this year, shedding just over 7% of its value, with its momentum driven by factors such as the Middle East conflict, higher oil prices, mixed economic data, and the rising odds that the U.S. will soon enter a recession. However, the tech-heavy index has made an impressive comeback so far in April, erasing those declines. Its recent rally can be attributed to the willingness of the U.S. and Iran to engage in talks to resolve the Middle East crisis. At the same time, technology companies continue to perform well financially, primarily driven by robust demand for artificial intelligence (AI) hardware and software. It won't be surprising to see the Nasdaq sustain its newfound momentum and go on a bull run for the rest of the year. After all, according to Morningstar, the U.S. stock market is trading at a 12% discount to the firm's fair value estimates, and it's showing signs of stepping on the gas whenever there's good news out of the Middle East. Continue reading
A 1,200-year dataset shows the ‘peak bloom’ is arriving earlier. Global heating is unsettling nature’s rhythms – and their cultural meaning A picture posted on social media last April by Prof Yasuyuki Aono of a spreadsheet, with its blank row for 2026, carries a quiet poignancy. Prof Aono died before he got to fill in this year’s entry for when the cherry blossom fully bloomed in Kyoto. The academ...
A 1,200-year dataset shows the ‘peak bloom’ is arriving earlier. Global heating is unsettling nature’s rhythms – and their cultural meaning A picture posted on social media last April by Prof Yasuyuki Aono of a spreadsheet, with its blank row for 2026, carries a quiet poignancy. Prof Aono died before he got to fill in this year’s entry for when the cherry blossom fully bloomed in Kyoto. The academic had spent decades reconstructing dates of flowering that go back to the ninth century. His work illuminated how a botanical event long associated with the Japanese idea of mono no aware – a sadness at the passing of things – is shifting because of the climate crisis. The “peak bloom” now occurs around two weeks earlier than in previous centuries. In the 1820s full bloom arrived in mid-April. In 2023 the full-flowering date was 25 March. An earlier blooming indicates warmer springs – and Prof Aono’s data provides a warning signal that Japan’s “ sakura front ” comes sooner each year. Continue reading...
Shares of artificial intelligence (AI) chip pioneer Nvidia (NASDAQ: NVDA) have hit a plateau in the past six months. The semiconductor giant's stock price has retreated nearly 4% from the 52-week high it reached in late October, which is quite surprising given that the business continues to deliver phenomenal growth each quarter. Nvidia became the world's first $5 trillion company in October. Howe...
Shares of artificial intelligence (AI) chip pioneer Nvidia (NASDAQ: NVDA) have hit a plateau in the past six months. The semiconductor giant's stock price has retreated nearly 4% from the 52-week high it reached in late October, which is quite surprising given that the business continues to deliver phenomenal growth each quarter. Nvidia became the world's first $5 trillion company in October. However, its tepid stock market performance since then has brought its market cap down to $4.8 trillion. But it won't be surprising to see Nvidia stock step on the gas once again and jump significantly in the coming year. That's what the consensus among Wall Street analysts seems to be. In fact, Nvidia's market cap could exceed $6 trillion in the coming year. Continue reading
Netflix (NASDAQ: NFLX) delivered a strong first quarter, but the market was not happy about it. There seemed to be a disconnect between the numbers the streaming service presented and how investors ultimately feel about the forward guidance. This led to the stock price plunging 10% on Friday, April 17. Long-term investors should see this sudden dip as a solid entry point into a company that's stea...
Netflix (NASDAQ: NFLX) delivered a strong first quarter, but the market was not happy about it. There seemed to be a disconnect between the numbers the streaming service presented and how investors ultimately feel about the forward guidance. This led to the stock price plunging 10% on Friday, April 17. Long-term investors should see this sudden dip as a solid entry point into a company that's steadily expanding globally, rather than a warning sign of future weakness. Investors who were upset with the lukewarm forward outlook are missing a bigger point. Netflix has a massive opportunity outside of the United States. The streamer has penetrated less than 45% of the total addressable market, leaving plenty of eyeballs to capture through subscriptions. Continue reading
Marjorie Taylor Greene Amplifies Viral Doubts About Butler Assassination Attempt Former Congresswoman Marjorie Taylor Greene has drawn attention to a detailed personal account from a longtime Trump supporter who now questions key elements of the July 13, 2024, assassination attempt on then-candidate Donald Trump at a campaign rally in Butler, Pennsylvania. In an April 12 post on X, Trisha Hope, a ...
Marjorie Taylor Greene Amplifies Viral Doubts About Butler Assassination Attempt Former Congresswoman Marjorie Taylor Greene has drawn attention to a detailed personal account from a longtime Trump supporter who now questions key elements of the July 13, 2024, assassination attempt on then-candidate Donald Trump at a campaign rally in Butler, Pennsylvania. In an April 12 post on X, Trisha Hope, a self-described J6 activist and 2024 Republican National Convention delegate from Texas, details how she shifted from staunch MAGA supporter to skeptic - writing "I learned of the attempt on Trump's life at the Butler rally. I was in the middle of having dinner at a restaurant in Little Rock, AR." Then, at the convention, she thought it was strange that Trump opened his speech by saying he would recount the incident “exactly” once because “it’s actually too painful to tell, ” which she found out of character for someone who makes everything about himself. Hope also thought that the 'ICONIC' photograph of Trump rising with fist raised, shouting “FIGHT, FIGHT, FIGHT” was weird and “perfectly timed” with a flag lowering and Secret Service agents positioned as if for a staged shot. "Following the inauguration, I found it odd that Trump wasn't going aggressively after those who allowed this to happen. He seemed to behave like it was no big deal," she writes, adding that Trump later promoted Sean Curran - the agent visible in the white shirt in that photo - to head of the Secret Service on January 22, 2025 , rather than dismissing anyone for security failures. She also questions Trump’s limited subsequent references to the event, except to say he “took a bullet for us,” and argues that Corey Comperatore’s death was necessary to make the incident believable, while his widow has been denied ongoing answers. Hope concludes by urging readers to apply “critical thinking skills” and have “at least some questions.” "Instead of his SS detail being terminated as they should have been, Trum...
Ciao UFO, a sci‑fi drama inspired by a local urban legend of mysterious lights over a public housing estate, clinched the top honours at the Hong Kong Film Awards on Sunday night, winning best film and best director for Patrick Leung Pak‑kin. The dystopian crime thriller Sons of the Neon Night emerged as the biggest winner, taking home eight prizes out of 12 nominations. Among those sharing the li...
Ciao UFO, a sci‑fi drama inspired by a local urban legend of mysterious lights over a public housing estate, clinched the top honours at the Hong Kong Film Awards on Sunday night, winning best film and best director for Patrick Leung Pak‑kin. The dystopian crime thriller Sons of the Neon Night emerged as the biggest winner, taking home eight prizes out of 12 nominations. Among those sharing the limelight at the ceremony in the Cultural Centre in Tsim Sha Tsui was veteran Tony Leung Ka‑fai, named...