Goldman Sachs has told clients to be aggressive buyers of Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) on any share price weakness following the US chipmaker's second-quarter results. In doing so, it argued that the modest near-term disappointment relative to elevated expectations masks an...
Goldman Sachs has told clients to be aggressive buyers of Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) on any share price weakness following the US chipmaker's second-quarter results. In doing so, it argued that the modest near-term disappointment relative to elevated expectations masks an...
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 Menaka Doshi . If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . Today, I write about the rupee’s turning fortunes and my colleague Anto Antony unpacks Blackstone’s Royal Challengers Ben...
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 Menaka Doshi . If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . Today, I write about the rupee’s turning fortunes and my colleague Anto Antony unpacks Blackstone’s Royal Challengers Bengaluru bet. The Showstopper India’s central bank held fire on rising prices, and, with help from the government , pulled out a bazooka to rescue the rupee . The currency-related measures are expected to boost fresh dollar inflows by an estimated $30 billion-$50 billion in the current financial year, according to Radhika Piplani, an economist with Motilal Oswal Financial Services. “This was a well-choreographed move between the RBI and government to attract foreign capital,” she said. “This is positive for the rupee.” The currency rallied almost 1% against the dollar. Five big moves today 1. Foreign investment in government bonds has been exempted from tax on interest and capital gains, effective April 1, 2026. This will increase the returns for foreign portfolio investors by 15-20%, according to Rajesh Gandhi, a partner at Deloitte India. It will make Indian government bonds more attractive by improving their returns relative to bonds in other countries, he said in an emailed comment. 2. The pool of government bonds eligible for unrestricted foreign investment has been widened to include longer-tenor bonds, whereas certain limits on investments in the general category have been removed. The combined foreign holding through both routes is currently just over 3% . 3. The central bank will subsidize hedging costs for state-owned companies taking overseas loans and for authorized dealer banks raising three-to-five-year foreign currency deposits. These facilities will be provided till Sept. 30. 4. The time limit for exporters to bring back proceeds has been restored to nine mont...
Evercore Holdings ( OTC: EVHO ) on Friday said its board of directors approved a reduction in the company's authorized common shares to 500 million from 10 billion. The company said the reduction, representing a 95% decrease in authorized shares, has been approved by a majority of the board and a majority of shareholders. Evercore Holdings said it expects to file the required amendment with the Se...
Evercore Holdings ( OTC: EVHO ) on Friday said its board of directors approved a reduction in the company's authorized common shares to 500 million from 10 billion. The company said the reduction, representing a 95% decrease in authorized shares, has been approved by a majority of the board and a majority of shareholders. Evercore Holdings said it expects to file the required amendment with the Secretary of State within the next seven business days. Source: Press Release More on Kona Gold Solutions Financial information for Kona Gold Solutions
If you're a decade away from retirement, you're at a critical point in your savings journey. You still have plenty of time for your investments to grow. But you're also reaching the point when protecting your savings becomes increasingly important. The 401(k) moves you make in the near term could help you feel more secure about your impending retirement, even if you're not quite ready to begin tha...
If you're a decade away from retirement, you're at a critical point in your savings journey. You still have plenty of time for your investments to grow. But you're also reaching the point when protecting your savings becomes increasingly important. The 401(k) moves you make in the near term could help you feel more secure about your impending retirement, even if you're not quite ready to begin that final countdown. Here are three key moves to keep on your radar. Image source: Getty Images. Continue reading
欧盟委员会日前正式推出名为“技术主权一揽子计划”的政策提案,其核心法律文本为《云与人工智能发展法案》(Cloud and AI Development Act),旨在降低欧洲对美国科技巨头的数字化依赖,防范供应链被“武器化”的风险。然而,该法案在试图兼顾“减少依赖”与“避免激怒美方”双重目标时,引发了欧洲内部及美方产业界的强烈质疑,被指陷入“两头不讨好”的政策困境。 根据欧盟委员会公布的法案内容,...
欧盟委员会日前正式推出名为“技术主权一揽子计划”的政策提案,其核心法律文本为《云与人工智能发展法案》(Cloud and AI Development Act),旨在降低欧洲对美国科技巨头的数字化依赖,防范供应链被“武器化”的风险。然而,该法案在试图兼顾“减少依赖”与“避免激怒美方”双重目标时,引发了欧洲内部及美方产业界的强烈质疑,被指陷入“两头不讨好”的政策困境。 根据欧盟委员会公布的法案内容,该规划引入了一套针对数字化工具的四级认证机制。根据该机制,欧盟公共机构必须评估数字化工具抵御外部干预的脆弱性,并在特定关键领域及敏感部门,强制要求使用欧洲本土供应链替代外国技术服务。但批评人士指出,该法案仍为美国科技巨头留出了大量的欧洲市场空间。法案能否在敏感领域实质性收紧限制,完全取决于布鲁塞尔及各成员国是否有足够的政治意愿来承担激怒华盛顿的风险。 在欧洲内部,该法案因“力度不足”和“缺乏战略雄心”遭到多方抨击。欧洲议会中左翼议员萨拉(Aura Salla)在针对欧盟负责技术事务的委员海娜·维尔库宁(Henna Virkkunen)的听证会上直言,欧盟委员会应当明确向公众宣布,美国在数字化公共服务领域已不再是可信赖的伙伴。中派议员格鲁德勒(Christophe Grudler)和绿党议员斯帕伦塔克(Kim van Sparrentak)则分别指出,提案过于纵容、漏洞颇多,仍允许外国公司渗透欧洲经济的敏感部分,根本不足以确保欧洲关键数字基础设施的长期独立性。此外,法案还因缺乏对数据中心能耗和清洁能源的约束,引发了绿党等阵营对环保标准缺失的不满。 与此同时,尽管欧盟委员会极力将该法案粉饰为不针对特定国家的常态化监管,但仍引发了美国政商界的强烈反弹和“保护主义”指责。美国信息技术工业理事会(ITI)、计算机与通信工业协会(CCIA)以及进步商会(Chamber of Progress)等代表 亚马逊 、 微软 、 谷歌 、Meta等美资巨头利益的行业游说组织密集发声。美方团体发表声明称,该法案基于地理和国籍的准入标准破坏了公平竞争,实际上是给欧洲各成员国颁发了“全权委托书”,企图将欧盟以外的所有全球成熟供应商排除在欧洲主要技术市场之外。 值得注意的是,在欧盟委员会极力向华盛顿妥协、辩称“技术主权不等于保护主义”的同时,欧洲内部的政策协调也面临地缘政治的多重拉扯。就在维尔库宁向媒...
Nvidia and Siemens have partnered with nVent Electric (NYSE:NVT) to create a blueprint for AI data centers. The collaboration focuses on critical electrical, cooling and safety infrastructure tailored to AI workloads. The project highlights nVent's role in next generation data center design tied to rising AI demand. For investors tracking NYSE:NVT, this development adds a new angle beyond recent s...
Nvidia and Siemens have partnered with nVent Electric (NYSE:NVT) to create a blueprint for AI data centers. The collaboration focuses on critical electrical, cooling and safety infrastructure tailored to AI workloads. The project highlights nVent's role in next generation data center design tied to rising AI demand. For investors tracking NYSE:NVT, this development adds a new angle beyond recent share price moves. The stock trades at $173.88, with returns of 5.5% over the past week, 62.8%...
(RTTNews) - Canadian stocks are likely to open with a negative bias on Friday amid concerns over rising tensions in the Middle East, and on reports Hezbollah has rejected a new ceasefire agreement with Israel.
(RTTNews) - Canadian stocks are likely to open with a negative bias on Friday amid concerns over rising tensions in the Middle East, and on reports Hezbollah has rejected a new ceasefire agreement with Israel.
There haven't been any official news releases by Rivian Automotive (NASDAQ: RIVN) this week, yet the stock has been soaring. That's because the company has been communicating directly with R2 reservation holders, helping to build buzz for its launch. Rivian stock has risen 25% over the last month as investors anticipate the launch of its R2 electric SUV. That includes an 11% move higher this week,...
There haven't been any official news releases by Rivian Automotive (NASDAQ: RIVN) this week, yet the stock has been soaring. That's because the company has been communicating directly with R2 reservation holders, helping to build buzz for its launch. Rivian stock has risen 25% over the last month as investors anticipate the launch of its R2 electric SUV. That includes an 11% move higher this week, as of Friday morning, according to data provided by S&P Global Market Intelligence . Image source: Rivian Automotive. Continue reading
claudiodivizia Allianz SE ( ALIZF ) is in advanced discussions to acquire Caravela Seguros after it submitted an offer for the Portuguese insurance company, according to a media report on Friday. The German insurer is discussing a potential transaction with Caravela Seguros's shareholders, Bloomberg News reported, citing people familiar with the matter. Deliberations, still underway, may not resul...
claudiodivizia Allianz SE ( ALIZF ) is in advanced discussions to acquire Caravela Seguros after it submitted an offer for the Portuguese insurance company, according to a media report on Friday. The German insurer is discussing a potential transaction with Caravela Seguros's shareholders, Bloomberg News reported, citing people familiar with the matter. Deliberations, still underway, may not result in an offer, they said. Caravela is 48%-owned by UK-based Toscafund, which hired Mediobanca to advise it on divesting the stake, Bloomberg reported in January. The Portuguese insurer's other shareholders — consisting of more than 20 investors — also intend to sell their shares in the company. A potential acquisition would boost Allianz's ( ALIZF ) Portuguese non-life insurance operations. Caravela, which ranks seventh in Portugal's non-life insurance market with a 2.6% share, may be valued at ~€150M (US$175M), one of the people told Bloomberg. Italian insurer Reale Mutua also reportedly has been weighing an offer for Caravela. More on Allianz Allianz SE 2026 Q1 - Results - Earnings Call Presentation Allianz SE (ALIZY) Q1 2026 Earnings Call Transcript Allianz SE 2026 Q1 - Results - Earnings Call Presentation Most oversold financial stocks above $10B on Wall Street amid Middle East disruptions Top and bottom quant-rated financial stocks above $10B market cap post-earnings
First semi-final at 1.30pm BST, Arnaldi v Cobolli to come Mail Katy | Andreeva routs Kostyuk to reach final Sinner. Alcaraz. Alcaraz. Sinner. Sinner. Alcaraz. Sinner. Alcaraz. Alcaraz … Zverev? With Jannik Sinner evaporating in the second-round heat and Carlos Alcaraz exiting before the tournament had even started, Alexander Zverev has known for nine long days that he may never get a better chance...
First semi-final at 1.30pm BST, Arnaldi v Cobolli to come Mail Katy | Andreeva routs Kostyuk to reach final Sinner. Alcaraz. Alcaraz. Sinner. Sinner. Alcaraz. Sinner. Alcaraz. Alcaraz … Zverev? With Jannik Sinner evaporating in the second-round heat and Carlos Alcaraz exiting before the tournament had even started, Alexander Zverev has known for nine long days that he may never get a better chance to be the one who breaks Sincaraz’s duopoly of grand slam titles and finally make that step from the best male player to have not won a major – a label he must be absolutely sick of hearing – to slam champion. Continue reading...
hapabapa Madison Square Garden Sports Corp. ( MSGS ) moved higher in premarket trading on Friday after setting a new 52-week high on Thursday. The share price gains have followed closely with the success of the New York Knicks, now only three games away from their first NBA championship since 1973. Ticket prices on the secondary market have surged for Knicks home games, and the company is expected...
hapabapa Madison Square Garden Sports Corp. ( MSGS ) moved higher in premarket trading on Friday after setting a new 52-week high on Thursday. The share price gains have followed closely with the success of the New York Knicks, now only three games away from their first NBA championship since 1973. Ticket prices on the secondary market have surged for Knicks home games, and the company is expected to benefit from strong ancillary sales. The timing of the New York Knicks' playoff run is seen by analysts as a positive for shareholders as the company explores options to separate its hockey franchise from its basketball franchise to create two separate publicly traded businesses. The parent company expects the deal to be structured as a tax-free spin-off, with holders of Class A and Class B common stock receiving a pro-rata distribution of 100% of the common stock in the newly created company. Wall Street analysts and Seeking Alpha analysts both have a consensus Buy rating on MSGS. Shares of Madison Square Garden ( MSGS ) are up 14% over the last six weeks. More on Madison Square Garden Madison Square Garden Sports Group: Ride The Momentum Madison Square Garden Sports gains after the Knicks return to the NBA Finals after a 27-year drought Madison Square Garden Sports explores separation of Knicks from Rangers Seeking Alpha’s Quant Rating on Madison Square Garden Historical earnings data for Madison Square Garden