Built for analysts, allocators, and builders, the desk covers cryptocurrency markets, DeFi, regulation, and institutional adoption with the rigor of a traditional financial desk. Built for analysts, allocators, and builders, the desk covers cryptocurrency markets, DeFi, regulation, and institutional adoption with the rigor of a traditional financial desk.
Built for analysts, allocators, and builders, the desk covers cryptocurrency markets, DeFi, regulation, and institutional adoption with the rigor of a traditional financial desk. Built for analysts, allocators, and builders, the desk covers cryptocurrency markets, DeFi, regulation, and institutional adoption with the rigor of a traditional financial desk.
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
Covering global equities, rates, currencies, policy, fintech, and deals, the publication reports what moved and why for the people who allocate capital. Covering global equities, rates, currencies, policy, fintech, and deals, the publication reports what moved and why for the people who allocate capital.
Covering global equities, rates, currencies, policy, fintech, and deals, the publication reports what moved and why for the people who allocate capital. Covering global equities, rates, currencies, policy, fintech, and deals, the publication reports what moved and why for the people who allocate capital.
huettenhoelscher/iStock via Getty Images German engine manufacturer Deutz ( DEUZF ) agreed to acquire military vehicle producer FFG Flensburger Fahrzeugbau Gesellschaft in a transaction valued at approximately €1.6 billion ($1.8 billion), a move that significantly expands its presence in the defense sector as European governments increase military spending. The deal is expected to accelerate Deutz...
huettenhoelscher/iStock via Getty Images German engine manufacturer Deutz ( DEUZF ) agreed to acquire military vehicle producer FFG Flensburger Fahrzeugbau Gesellschaft in a transaction valued at approximately €1.6 billion ($1.8 billion), a move that significantly expands its presence in the defense sector as European governments increase military spending. The deal is expected to accelerate Deutz's growth plans, with Chief Executive Sebastian Schulte telling Reuters that the company now anticipates reaching its 2030 financial objectives one to two years earlier than previously planned. Those targets include €4 billion in annual revenue and a 10% operating margin, measured as earnings before interest and tax. For investors, the acquisition underscores the growing appeal of European defense-related assets as governments across the continent boost military budgets in response to heightened geopolitical tensions. The transaction also highlights how industrial companies are repositioning themselves to capture defense spending growth, although investors will likely focus on execution risks, integration costs and the extent to which defense demand remains elevated over the long term. Deutz shares rose 2.8% by midday trading, after climbing as much as 10.2% earlier in the session following news of the agreement. Based in the northern German city of Flensburg, FFG produces armored and military support vehicles for NATO customers. Its product lineup includes the WiSENT armored recovery vehicle and the ACSV G5 tracked combat-support vehicle. Deutz said FFG will become the centerpiece of its defense division while continuing to operate independently following the acquisition. The transaction is expected to close no later than 2027. As part of the agreement, the families that currently own FFG will receive a substantial equity position in Deutz and are expected to hold as much as 29.9% of the company after the deal is completed. The acquisition marks the latest step in Deutz's ...
jittawit.21 Rising fuel costs are putting a worse-than-expected strain on the U.S. consumer, a reality highlighted in PepsiCo's ( PEP ) second-quarter earnings call, as the snack and beverage giant observed noticeable shifts in domestic spending behavior. During Thursday's Q2 earnings call , PepsiCo ( PEP ) CEO Ramon Laguarta stated, "the consumer is worse than what we had anticipated, and it's dr...
jittawit.21 Rising fuel costs are putting a worse-than-expected strain on the U.S. consumer, a reality highlighted in PepsiCo's ( PEP ) second-quarter earnings call, as the snack and beverage giant observed noticeable shifts in domestic spending behavior. During Thursday's Q2 earnings call , PepsiCo ( PEP ) CEO Ramon Laguarta stated, "the consumer is worse than what we had anticipated, and it's driven mainly by gas ( UNG ) ( BOIL ) prices". He noted that shoppers are pulling back more than expected at convenience stores and other locations critical for impulse purchases, entirely due to these elevated fuel costs. This corporate commentary mirrors recent macroeconomic data highlighted by Schwab's Kevin Gordon. As of May, U.S. gasoline and energy spending as a percentage of consumption jumped to 2.51%. While this overall share remains relatively low relative to history, the rolling three-month increase spiked by 0.5 percentage points, representing the sharpest such acceleration since 2009. This pressure on consumer wallets comes as U.S. gas prices have surged above $4 per gallon, driven by the ongoing conflict in Iran. As fuel continues to consume a larger slice of household income, companies relying on discretionary, on-the-go purchasing may continue to face headwinds. Kevin Gordon More on Pepsico, United States Natural Gas Fund LP ETF, etc. PepsiCo Q2: Why The Dividend Story Is Still Intact Greg Sharenow On Structural Changes In The Commodity Complex PepsiCo, Inc. (PEP) Q2 2026 Earnings Call Transcript PepsiCo's international demand makes up for pressured U.S. consumer Pepsico Non-GAAP EPS of $2.20 misses by $0.01, revenue of $24.18B beats by $230M
Former Federal Reserve Chairman Ben Bernanke has been appointed to Anthropic’s long-term benefit trust, an oversight body meant to keep the artificial intelligence company accountable to its public mission. Ed Ludlow reports. (Source: Bloomberg)
Former Federal Reserve Chairman Ben Bernanke has been appointed to Anthropic’s long-term benefit trust, an oversight body meant to keep the artificial intelligence company accountable to its public mission. Ed Ludlow reports. (Source: Bloomberg)
Veteran energy analyst Paul Sankey, president of Sankey Research, said in a July 9, 2026, CNBC interview that he believes crude oil is no longer the biggest constraint on the energy system. Instead, the real bottleneck sits in U.S. refining capacity, where limited supply continues to keep gasoline prices elevated even as crude prices remain well below ... Veteran Energy Analyst: “Crude Oil Is Not ...
Veteran energy analyst Paul Sankey, president of Sankey Research, said in a July 9, 2026, CNBC interview that he believes crude oil is no longer the biggest constraint on the energy system. Instead, the real bottleneck sits in U.S. refining capacity, where limited supply continues to keep gasoline prices elevated even as crude prices remain well below ... Veteran Energy Analyst: “Crude Oil Is Not the Problem.” Here’s What’s Keeping Gas Prices High.
Artificial intelligence may be the biggest technology race in the world, but SandboxAQ CEO Jack Hidary believes the United States is still investing with the wrong playbook. Speaking on CNBC on Thursday, July 9, Hidary argued that America should treat strategic technologies the way countries like Norway manage national wealth by making long-term investments in ... SandboxAQ CEO: “It’s Time That Am...
Artificial intelligence may be the biggest technology race in the world, but SandboxAQ CEO Jack Hidary believes the United States is still investing with the wrong playbook. Speaking on CNBC on Thursday, July 9, Hidary argued that America should treat strategic technologies the way countries like Norway manage national wealth by making long-term investments in ... SandboxAQ CEO: “It’s Time That America Really Has a Sovereign Wealth Fund.” Why America Should Copy Norway’s $2 Trillion Fund
The memo from the Smithsonian's secretary, Lonnie Bunch, responded to a White House report that calls the National Museum of American History driven by "a radical, activist ideology." (Image credit: J. Scott Applewhite)
The memo from the Smithsonian's secretary, Lonnie Bunch, responded to a White House report that calls the National Museum of American History driven by "a radical, activist ideology." (Image credit: J. Scott Applewhite)
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
Instacart (NASDAQ:CART) is seeing early signs that price parity, in which grocers charge the same prices online as in-store, could become a meaningful growth lever, according to a new Jefferies survey of US grocery delivery users. The firm reiterated its Buy rating on the stock and raised its...
Instacart (NASDAQ:CART) is seeing early signs that price parity, in which grocers charge the same prices online as in-store, could become a meaningful growth lever, according to a new Jefferies survey of US grocery delivery users. The firm reiterated its Buy rating on the stock and raised its...
Zachary Griffiths, head of US IG & macro strategy at CreditSights, joins Katie Greifeld on "Bloomberg Real Yield." Amazon borrowed $25 billion in an eight-part offering that garnered about $62 billion in peak investor demand, about half the orders it attracted for its prior $37 billion deal in March. The offering is heaping pressure on the broader tech space, with the sector among the worst perfor...
Zachary Griffiths, head of US IG & macro strategy at CreditSights, joins Katie Greifeld on "Bloomberg Real Yield." Amazon borrowed $25 billion in an eight-part offering that garnered about $62 billion in peak investor demand, about half the orders it attracted for its prior $37 billion deal in March. The offering is heaping pressure on the broader tech space, with the sector among the worst performers in the US high-grade secondary market. (Source: Bloomberg)