Bloomberg's Emily Graffeo joins Matt Miller on "Bloomberg Deals." Apollo Global Management and Blackstone have finalized a $35 billion financing package for Anthropic to expand its AI infrastructure, marking the latest mega-deal in the AI race. (Source: Bloomberg)
Bloomberg's Emily Graffeo joins Matt Miller on "Bloomberg Deals." Apollo Global Management and Blackstone have finalized a $35 billion financing package for Anthropic to expand its AI infrastructure, marking the latest mega-deal in the AI race. (Source: Bloomberg)
Not everything that can drive a stock happens with a big announcement aimed at investors. Sometimes, it can be something pretty subtle and under the radar if you are looking for the right things. That could be the case with e.l.f. Beauty (NYSE: ELF) , which recently unveiled new summer products. So why do I think this could be a big sales driver for e.l.f. Beauty? The first reason is the source of...
Not everything that can drive a stock happens with a big announcement aimed at investors. Sometimes, it can be something pretty subtle and under the radar if you are looking for the right things. That could be the case with e.l.f. Beauty (NYSE: ELF) , which recently unveiled new summer products. So why do I think this could be a big sales driver for e.l.f. Beauty? The first reason is the source of the information, my teenage daughter. Teenagers can actually be a great source for the latest trends impacting brands, and my daughter eagerly told me these new offerings were set to be hugely popular and that Rhode sales were about to skyrocket. Image source: The Motley Fool. Continue reading
Key PointsiShares Select U.S. REIT ETF offers concentrated exposure to 30 U.S. holdings, while Vanguard Global ex-U.S. Real Estate ETF spans more than 700 international positions.
Key PointsiShares Select U.S. REIT ETF offers concentrated exposure to 30 U.S. holdings, while Vanguard Global ex-U.S. Real Estate ETF spans more than 700 international positions.
When Applied Digital Corp. first tapped the junk-bond market in November to fund a data center project tied to CoreWeave Inc. , it had to stomach a hefty yield to get the deal done. Fast forward to this week, and borrowing costs for another portion of the same project tumbled. An Applied Digital subsidiary just raised $1.59 billion in the junk bond market to fund additional computing capacity for ...
When Applied Digital Corp. first tapped the junk-bond market in November to fund a data center project tied to CoreWeave Inc. , it had to stomach a hefty yield to get the deal done. Fast forward to this week, and borrowing costs for another portion of the same project tumbled. An Applied Digital subsidiary just raised $1.59 billion in the junk bond market to fund additional computing capacity for CoreWeave in North Dakota. The bonds were priced to yield 7%, a steep drop from the 10% investors demanded just months ago. The decline underscores how investor anxiety over reliance on speculative-grade CoreWeave as a key data center tenant has eased, lowering borrowing costs for other developers leasing projects to the cloud infrastructure supplier like Core Scientific Inc. and Prime Data Centers LLC. This latest pricing sits just under 1 percentage point above the borrowing costs on Cipher Digital Inc. ’s recent bond sale to fund a data center tied to Amazon.com Inc. For context, Applied Digital’s pricing gap against another Cipher deal for an Alphabet Inc. -linked project in November was almost 2.9 percentage points. It’s a reflection of how CoreWeave’s credit risk has improved. The cost of protecting its debt against default for five years fell to as low as 4.52 percentage points earlier this month, from a high of 8.81 percentage points in December. “We’ve shown we can turn diverse customer demand into deployed infrastructure and long-term revenue, while AI has evolved from an emerging technology into a core business investment,” CoreWeave Chief Development Officer and Co-Founder Brannin McBee said in an email. Representatives for Applied Digital didn’t respond to requests for comments. Founded in 2017 as a crypto miner, CoreWeave amassed a trove of Nvidia Corp. graphics processing units in its early days. Today, it operates nearly 50 data centers across North America and Europe, leasing those highly coveted chips by the hour to companies like Microsoft Corp. and OpenA...
Nasa’s administrator Jared Isaacman on Wednesday defended the make-up of the space agency’s latest Artemis crew, an all-male group. The nominations have earned criticism that Nasa may have acted in accordance with US President Donald Trump’s direction to eliminate diversity and inclusion efforts. Isaacman insisted in a lengthy social media post that the “crew selection does not involve any politic...
Nasa’s administrator Jared Isaacman on Wednesday defended the make-up of the space agency’s latest Artemis crew, an all-male group. The nominations have earned criticism that Nasa may have acted in accordance with US President Donald Trump’s direction to eliminate diversity and inclusion efforts. Isaacman insisted in a lengthy social media post that the “crew selection does not involve any political appointees”. “The Astronaut Office assigns the crew that gives the mission the best chance of...
tupungato/iStock Editorial via Getty Images Bank of America ( BAC ) on Wednesday said it was launching three new tools that aim to reward loyalty, provide greater flexibility for managing large purchases, and simplify access to credit monitoring. The company has rolled out the Refer-a-Friend program for eligible clients, a way to earn referral bonuses by sharing products the clients trust. Further...
tupungato/iStock Editorial via Getty Images Bank of America ( BAC ) on Wednesday said it was launching three new tools that aim to reward loyalty, provide greater flexibility for managing large purchases, and simplify access to credit monitoring. The company has rolled out the Refer-a-Friend program for eligible clients, a way to earn referral bonuses by sharing products the clients trust. Furthermore, the new consumer credit card feature, Custom Pay Plan, helps clients manage paying for their purchases with greater control and transparency. The feature lets clients convert a purchase into a structured payment plan through the mobile app or online banking. Also, the new My Credit tool helps clients stay informed and engaged with their credit profile. More on Bank of America Bank of America Corporation (BAC) Presents at Morgan Stanley US Financials Conference 2026 Transcript My Bullish Call On Bank of America Aligns With Its Seeking Alpha Quant Rating (Technical Analysis) Bank of America: Let The Capital Flow To Your Portfolio With This Banking Powerhouse Federal Reserve to release bank stress test results June 24 Bank of America's trading revenue is growing better than expected — Co-President DeMare
Tesla Full Self-Driving supervised driver assistance software has been authorised in Belgium, Annick De Ridder, the transport minister of Flanders region said on Wednesday in a post on X. The approval allows Tesla to roll out its technology after the company successfully carried out a series of tests in the country, she said. Belgium is the third country in the EU to do so after the Nethe...
Tesla Full Self-Driving supervised driver assistance software has been authorised in Belgium, Annick De Ridder, the transport minister of Flanders region said on Wednesday in a post on X. The approval allows Tesla to roll out its technology after the company successfully carried out a series of tests in the country, she said. Belgium is the third country in the EU to do so after the Netherlands and Lithuania.
Plaque installed at actor’s former home in Pimlico, central London, where he lived from the age of five to 12 Laurence Olivier has joined David Garrick , Henry Irving , Oscar Wilde and Noël Coward in having an English Heritage blue plaque outside his former London home. Ian McKellen unveiled the plaque at 22 Lupus Street in Pimlico, where Olivier lived from the age of five to 12 and discovered a t...
Plaque installed at actor’s former home in Pimlico, central London, where he lived from the age of five to 12 Laurence Olivier has joined David Garrick , Henry Irving , Oscar Wilde and Noël Coward in having an English Heritage blue plaque outside his former London home. Ian McKellen unveiled the plaque at 22 Lupus Street in Pimlico, where Olivier lived from the age of five to 12 and discovered a talent for acting under the watchful eye of his father, a curate at St Saviour’s church across the road. Continue reading...
The actor and director who have long been snubbed will finally take home Oscars at November’s Governors awards Glenn Close and Ridley Scott are among the names set to receive honorary Oscars at this year’s Governors awards. The two have long been snubbed at the Oscars, with Close receiving eight nominations and Scott receiving four. The pair will be awarded this November alongside animator Floyd N...
The actor and director who have long been snubbed will finally take home Oscars at November’s Governors awards Glenn Close and Ridley Scott are among the names set to receive honorary Oscars at this year’s Governors awards. The two have long been snubbed at the Oscars, with Close receiving eight nominations and Scott receiving four. The pair will be awarded this November alongside animator Floyd Norman and producers Christine Vachon and Pamela Koffler. Continue reading...
Alastair Campbell, co-host The Rest Is Politics and Sir Jacob Rees-Mogg, presenter for GB News, debate the impact of Brexit, a defining moment in British history. They speak to Mishal Husain at a Bloomberg.com subscriber-only event held in London on June 10. (Source: Bloomberg)
Alastair Campbell, co-host The Rest Is Politics and Sir Jacob Rees-Mogg, presenter for GB News, debate the impact of Brexit, a defining moment in British history. They speak to Mishal Husain at a Bloomberg.com subscriber-only event held in London on June 10. (Source: Bloomberg)
AdrianHancu/iStock Editorial via Getty Images Shares of 3M ( MMM ) climbed as much as 4.2% Wednesday after Chief Executive Bill Brown told investors that the industrial conglomerate expects second-quarter organic revenue growth to come in "solidly above 3%" and said momentum is building across much of the company's portfolio. Speaking at a Wells Fargo industrials conference, Brown said strong orde...
AdrianHancu/iStock Editorial via Getty Images Shares of 3M ( MMM ) climbed as much as 4.2% Wednesday after Chief Executive Bill Brown told investors that the industrial conglomerate expects second-quarter organic revenue growth to come in "solidly above 3%" and said momentum is building across much of the company's portfolio. Speaking at a Wells Fargo industrials conference, Brown said strong order trends that emerged late in the first quarter have continued through April, May and into June, helping to convert a growing backlog into revenue. "We said we'd be above 3% in Q2. We'll be solidly above 3% in Q2," Brown said. "We're very confident about that." The comments appeared to reassure investors that 3M's ( MMM ) recent improvement is being driven by operational execution rather than temporary customer stockpiling ahead of price increases. Self-help story gaining traction Brown repeatedly emphasized what he described as a "back to basics" strategy focused on innovation, commercial execution, operational discipline and cash generation. He argued that much of the company's recent growth is being generated internally rather than by an improving industrial economy. While acknowledging favorable conditions in some industrial markets, Brown said stronger sales force execution, cross-selling efforts and new product launches are contributing more to growth than broader macroeconomic tailwinds. Investors had questioned whether a surge in orders late in the first quarter reflected customers buying ahead of announced price increases. Brown said some pre-buying likely occurred after 3M ( MMM ) informed customers of additional pricing actions tied partly to rising oil prices and Middle East uncertainty. However, he said continued strength in orders through the second quarter suggests the effect was relatively limited. "There might have been some pre-buy, but predominantly it is innovation-driven, commercial-excellence-driven," Brown said. Safety and industrial segment outperfor...
Prediction market regulation For a while, sports betting in the US was regulated by state law. Some states banned sports betting; others allowed it under various regulatory regimes. But then Kalshi, the prediction market, started offering sports gambling nationwide and claiming, mostly successfully, that it was exempt from state regulation . Kalshi is a commodities exchange registered with the US ...
Prediction market regulation For a while, sports betting in the US was regulated by state law. Some states banned sports betting; others allowed it under various regulatory regimes. But then Kalshi, the prediction market, started offering sports gambling nationwide and claiming, mostly successfully, that it was exempt from state regulation . Kalshi is a commodities exchange registered with the US Commodity Futures Trading Commission; its theory is that (1) sports bets are a sort of commodity “swap” subject to CFTC regulation and (2) the CFTC has exclusive jurisdiction to regulate those swaps. The states can’t regulate Kalshi, because the CFTC does. But the CFTC didn’t , not really. CFTC regulation of sports betting was mostly hypothetical: Kalshi would “self-certify” the sports bets it wanted to list, and the CFTC wouldn’t say anything, and that was that. There were no federal statutes or regulations about what sports bets are allowed. Kalshi just decided on its own what bets to list, and if the CFTC objected it could let Kalshi know. I get the sense that the CFTC didn’t object much, though I don’t really know; for all I know there was an informal back-channel regulatory process in which Kalshi regularly asked the CFTC “hey can we take these bets” and the CFTC was like “nah.” But as a formal matter, Kalshi’s sports betting was essentially unregulated: It was exempt from state gambling regulation because it was subject to federal gambling regulation, but there was no federal gambling regulation. Now that’s changing : Trump regulators are proposing an expansive new set of rules on how they will govern the booming prediction markets, with parameters that will continue to allow most sports-related bets while trying to avoid inviting obvious manipulation. The Commodity Futures Trading Commission is seeking the ability to block prediction wagers it finds aren’t in the public interest or that seem highly susceptible to manipulation, such as in cases where one person could ...
The following companies are expected to report earnings after hours on 06/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Oracle Corporation (ORCL)is reporting for the quarter ending May 31, 2026. The computer software company's consensus earni
The following companies are expected to report earnings after hours on 06/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Oracle Corporation (ORCL)is reporting for the quarter ending May 31, 2026. The computer software company's consensus earni
The burgeoning space transportation industry could set up a unique opportunity for Linde , according to Rothschild & Co. Redburn. The investment firm reiterated its buy rating on the industrial gas supplier in a Wednesday note. Analyst Tony Jones raised his price target on shares of Linde to $560 from $550. Shares of Linde have surged 20% this year. Jones' updated forecast implies the stock could ...
The burgeoning space transportation industry could set up a unique opportunity for Linde , according to Rothschild & Co. Redburn. The investment firm reiterated its buy rating on the industrial gas supplier in a Wednesday note. Analyst Tony Jones raised his price target on shares of Linde to $560 from $550. Shares of Linde have surged 20% this year. Jones' updated forecast implies the stock could add another 9% from its Tuesday close of $515.59. LIN YTD mountain LIN YTD chart Elon Musk 's SpaceX is set to debut on the Nasdaq on Friday. The rocket maker is planning to go public with a valuation of $1.77 trillion, which would make it one of the largest companies in the U.S. But alongside SpaceX, Jones also sees Linde as a potential beneficiary. The analyst noted that Linde has fueled NASA for around 60 years, and now has capital expenditures that are set to ramp alongside Starbase, SpaceX's headquarters. Jones that the moat for the industrial gas business model is extremely high, in part due to the fact that a "near-perfect distribution track record is essential." "For space propellant gases, the liquefaction of difficult-to-handle gases and cryogenic distribution is extremely challenging and limits the number of suppliers to an exclusive few. We see space transportation as a nascent opportunity for industrial gas companies," he wrote. "The company has been supplying NASA for decades, has built commercial relationships with the newer market participants, and an industrial gases distribution platform is in advanced construction very close to SpaceX's new launch site." Jones also sees a further demand accelerator in the form of Starship, a launch vehicle currently under development at SpaceX. "The transition to Starship as a dominant vehicle could transform the opportunity, burning c10x the oxygen of a Falcon 9 launch. Linde's revenue per launch could near $6m by 2028, from under $4m in 2025," he wrote. "This comes on top of potentially exponential launch cadence." Jone...
Mexico Suspends Certain Live Animal Imports From US Over Flesh-Eating Screwworm Concerns Authored by Aldgra Fredly via The Epoch Times, Mexico said Tuesday it would temporarily suspend imports of certain live animals from the United States following the detection of multiple cases of the flesh-eating New World screwworm in Texas and New Mexico. The decision was made in coordination with the U.S. D...
Mexico Suspends Certain Live Animal Imports From US Over Flesh-Eating Screwworm Concerns Authored by Aldgra Fredly via The Epoch Times, Mexico said Tuesday it would temporarily suspend imports of certain live animals from the United States following the detection of multiple cases of the flesh-eating New World screwworm in Texas and New Mexico. The decision was made in coordination with the U.S. Department of Agriculture (USDA) and covers imports of cattle, ruminants, pigs, sheep, goats, songbirds, and ferrets, according to Mexico’s agriculture ministry. The ministry said health authorities, including the USDA’s Animal and Plant Health Inspection Services, also agreed to strengthen health inspections of imported pet dogs at Mexico’s points of entry and assess additional measures to verify their health status. The measures were intended to protect livestock in the northern states of Mexico, particularly in Baja California, Baja California Sur, Chihuahua, Sinaloa, and Sonora, where no screwworm cases have been recorded, it stated. The ministry said health officials from both nations would continue to exchange information “in order to identify goods that do not pose a health risk and to establish the measures and conditions that will allow, in due course, the orderly and safe resumption of bilateral trade.” The USDA said in a notice on its website, updated on June 8, that the suspension of live animal exports will take effect immediately “until we have further information from Mexico.” Five screwworm cases have been confirmed in the United States , with the latest being reported in La Salle County, Texas, on June 9. The USDA said it is working with state partners in Texas and New Mexico to lead “an aggressive response” to the pest. Among the confirmed cases was one involving a dog in New Mexico, the state’s first New World screwworm case. The veterinarian who reported the case was based in Texas, but the dog resides at a household in Lea County, New Mexico, according t...
Chancellor of the Exchequer Rachel Reeves said she will ease the tax burden faced by rich US investors wanting to relocate to the UK. Reeves plans to address the issue of so-called double or treble taxation faced by British residents who are members of US limited liability companies. They are currently charged in both countries on their earnings from those structures. The plan is to change the UK ...
Chancellor of the Exchequer Rachel Reeves said she will ease the tax burden faced by rich US investors wanting to relocate to the UK. Reeves plans to address the issue of so-called double or treble taxation faced by British residents who are members of US limited liability companies. They are currently charged in both countries on their earnings from those structures. The plan is to change the UK law to reduce the effective tax rate paid by those individuals, according to a Treasury consultation document published Wednesday and seen first by Bloomberg. In short, the aim is to remove a barrier stopping top-earning Americans from moving to Britain. The UK was the fastest-growing economy in the Group of Seven in the first quarter, but economists expect significant headwinds for Britain from the impact of the Iran war. The challenge for Reeves is to lift Britain’s growth rate and improve the fortunes of Prime Minister Keir Starmer ’s struggling Labour government in a difficult geopolitical climate.