Venture firm Eclipse has raised $1.3 billion across two funds to back companies building the next era of physical industries like those in robotics, manufacturing, and energy. Lior Susan, the founder and CEO of Eclipse, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Venture firm Eclipse has raised $1.3 billion across two funds to back companies building the next era of physical industries like those in robotics, manufacturing, and energy. Lior Susan, the founder and CEO of Eclipse, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Rivian Automotive (NASDAQ:RIVN) shares are sliding 5% today, retreating from $15.29 to around $14.50, as investors react to a steep drop in U.S. vehicle sales. The selloff adds to a rough year for the stock, which was already down 22.43% year-to-date heading into today’s session. The immediate trigger is a 26.5% year-over-year decline in U.S. ... Rivian Tumbles 5% After U.S. Sales Plunge 26%, With...
Rivian Automotive (NASDAQ:RIVN) shares are sliding 5% today, retreating from $15.29 to around $14.50, as investors react to a steep drop in U.S. vehicle sales. The selloff adds to a rough year for the stock, which was already down 22.43% year-to-date heading into today’s session. The immediate trigger is a 26.5% year-over-year decline in U.S. ... Rivian Tumbles 5% After U.S. Sales Plunge 26%, With R2 Launch and April 30 Earnings in Focus
Martin Capital Partners, LLC disclosed in an April 7, 2026, SEC filing that it sold out of its entire Robert Half (NYSE:RHI) position, an estimated $4.5 million trade based on quarterly average pricing. Robert Half is a global provider of professional staffing and risk consulting services, with operations spanning North America, South America, Europe, Asia, and Australia. Martin Capital's decision...
Martin Capital Partners, LLC disclosed in an April 7, 2026, SEC filing that it sold out of its entire Robert Half (NYSE:RHI) position, an estimated $4.5 million trade based on quarterly average pricing. Robert Half is a global provider of professional staffing and risk consulting services, with operations spanning North America, South America, Europe, Asia, and Australia. Martin Capital's decision to completely exit Robert Half isn't hard to understand in context -- the company has been going through a very rough stretch. Shares are down nearly 45% over the past year while the broader market has done quite well. The staffing industry has faced real headwinds: a cooling labor market, slower corporate hiring, and a shift by some employers toward leaner, more permanent workforce strategies have all weighed on companies like Robert Half that depend on demand for contract and temporary workers. Continue reading
Rob Kim New York Fed President John Williams' expectations for core inflation this year — that is, inflation excluding food and energy — haven't changed much due to the Iran war, he said in an interview that aired on Tuesday. Energy prices do influence parts of core inflation, such as airfares, he noted. Therefore, he expects energy prices to increase core inflation by one or two tenths of a perce...
Rob Kim New York Fed President John Williams' expectations for core inflation this year — that is, inflation excluding food and energy — haven't changed much due to the Iran war, he said in an interview that aired on Tuesday. Energy prices do influence parts of core inflation, such as airfares, he noted. Therefore, he expects energy prices to increase core inflation by one or two tenths of a percent. At the same time, tariff rates have come down. "We've seen some other, I think, more positive signs on underlying inflation," Williams said i n an interview on Bloomberg Television. "So overall, I'm kind of where I've been for a while with core inflation — around two and a half percent this year." With the Iran war boosting oil prices, though, he expects headline inflation to be elevated in the middle of the year. "R ight now, my view on inflation is we're looking at an inflation rate for the year as a whole of something like two and three-quarters percent," he said. "But, of course, it depends on what happens with energy prices." In assessing the economy and outlook, he's in no rush to change interest rates. As the economy stands now, " monetary policy today is really well-positioned given where all of those dynamics have been playing out and well-positioned to kind of wait and see on some of the effects of what's happening today," Williams said . He's not saying that the Federal Reserve can't act. "I think this monetary policy is exactly where it needs to be, and then we can respond if the situation changes." For the economic outlook, Williams expects GDP growth of between 2% and 2.5% for this year and the unemployment rate to stay at about 4.3%. In other words, it's an economy that's "continuing to grow, but roughly roughly at trend, driven by consumer spending and investments, especially in AI," he said. Still, a lot of the outlook will hinge on how high energy prices get and how long they stay high, he added. More on US Dollar Index Implications Of Declining Dollar...
Sandra Ro, Global Blockchain Business Council CEO, joins Katie Greifeld and Tim Stenovec on "Bloomberg Crypto." They discuss the possible timeline for the passage of the Clarity Act and the increasingly welcoming global regulatory environment. (Source: Bloomberg)
Sandra Ro, Global Blockchain Business Council CEO, joins Katie Greifeld and Tim Stenovec on "Bloomberg Crypto." They discuss the possible timeline for the passage of the Clarity Act and the increasingly welcoming global regulatory environment. (Source: Bloomberg)
PM’s most senior civil servant now has task of rewriting civil service code and ‘making it recognised for improved productivity’ Antonia Romeo, Keir Starmer’s most senior civil servant, has been handed a powerful new mandate to deliver his priorities, while Darren Jones, the No 10 chief secretary, has shifted to a less hands-on role. Romeo, who was promoted last month , took over the job of cabine...
PM’s most senior civil servant now has task of rewriting civil service code and ‘making it recognised for improved productivity’ Antonia Romeo, Keir Starmer’s most senior civil servant, has been handed a powerful new mandate to deliver his priorities, while Darren Jones, the No 10 chief secretary, has shifted to a less hands-on role. Romeo, who was promoted last month , took over the job of cabinet secretary and head of the civil service after an unsuccessful year in charge by her predecessor Chris Wormald, who was not considered effective enough by No 10. Continue reading...
MadamLead Rising geopolitical tensions are putting short interest in materials stocks back in the spotlight, highlighting investor caution around steel, chemicals, and metals firms exposed to trade and supply chain disruptions. The State Street Materials Select Sector SPDR ETF ( XLB ) has climbed about 11% year to date, leading sector gains even as broader markets remain volatile. Here are the top...
MadamLead Rising geopolitical tensions are putting short interest in materials stocks back in the spotlight, highlighting investor caution around steel, chemicals, and metals firms exposed to trade and supply chain disruptions. The State Street Materials Select Sector SPDR ETF ( XLB ) has climbed about 11% year to date, leading sector gains even as broader markets remain volatile. Here are the top 5 most shorted materials stocks, all with a market capitalization above $2B (as a % of shares outstanding): Alpha Metallurgical Resources ( AMR ) – Steel sector, short interest 15.41%, Quant rating 2.88 (Hold) Huntsman Corporation ( HUN ) – Diversified chemicals sector, short interest 14.46%, Quant rating 3.06 (Hold) Olin Corporation ( OLN ) – Commodity chemicals sector, short interest 13.31%, Quant rating 3.00 (Hold) MP Materials ( MP ) – Diversified metals & mining sector, short interest 13.09%, Quant rating 2.81 (Hold) Cleveland-Cliffs ( CLF ) – Steel sector, short interest 12.64%, Quant rating 2.74 (Hold) Here are the least shorted mid- to mega-cap materials stocks (as a % of shares outstanding): Ardagh Metal Packaging ( AMBP ) – Metal, glass & plastic containers sector, short interest 0.87%, Quant rating 4.14 (Buy) Agnico Eagle Mines ( AEM ) – Gold sector, short interest 0.87%, Quant rating 3.45 (Hold) Greif ( GEF.B ) – Metal, glass & plastic containers sector, short interest 0.93% Ecolab ( ECL ) – Specialty chemicals sector, short interest 1.08%, Quant rating 3.06 (Hold) Linde ( LIN ) – Industrial gases sector, short interest 1.20%, Quant rating 3.20 (Hold) More on State Street® Materials Select Sector SPDR® ETF Market Sector Review: Extreme Market Bifurcation The Great Commoditization: How To Invest In A Post-AI World How I Use XLB As A Leading Indicator For S&P 500 Materials large-cap stocks with A-grade EPS revisions Materials mid-cap stocks with A-grade EPS revisions
The first phase of the artificial intelligence (AI) supercycle was all about chips. It didn't take long for the whole market to catch on when Nvidia became a household name and data center stocks surged to crazy valuations. That trade happened in broad daylight. Phase 2 is quieter. It's happening in server rooms you'll never visit, in underground fiber conduits across rural Illinois, and in the te...
The first phase of the artificial intelligence (AI) supercycle was all about chips. It didn't take long for the whole market to catch on when Nvidia became a household name and data center stocks surged to crazy valuations. That trade happened in broad daylight. Phase 2 is quieter. It's happening in server rooms you'll never visit, in underground fiber conduits across rural Illinois, and in the test labs that validate every cable, chip, and optical link before it ever touches a data center rack. The companies doing this work aren't getting CNBC segments. Some of them are trading near 52-week lows even as their order books fill up. That's the opportunity most investors are walking past right now. Here are two tickers to consider as we enter Phase 2. Continue reading
yalcinsonat1 Neil Dutta, head of economic research at Renaissance Macro Research, said the Federal Reserve faces a difficult predicament as it navigates conflicting economic signals. “In the short run, the Fed’s hands are tied,” Dutta said during an interview with CNBC. Despite the challenging environment, Dutta resists the idea that the Fed will raise interest rates this year. “You look at the jo...
yalcinsonat1 Neil Dutta, head of economic research at Renaissance Macro Research, said the Federal Reserve faces a difficult predicament as it navigates conflicting economic signals. “In the short run, the Fed’s hands are tied,” Dutta said during an interview with CNBC. Despite the challenging environment, Dutta resists the idea that the Fed will raise interest rates this year. “You look at the job market; wage growth is slowing, the quits rate is low,” he said. “I think that mitigates the risk of an actual hike.” Dutta offered a blunt assessment of current labor conditions, stating plainly that “the job market sucks.” He pointed to unusual volatility in recent employment data, noting that the sign on the employment report has changed for roughly ten consecutive months. More concerning, he said, is that slowing wage growth combined with rising gasoline prices ( XB1:COM ) is creating an income squeeze that “increases the downside risk to consumer spending.” The housing sector is also struggling, according to Dutta. He noted that homebuilders have been making affordability adjustments to incentivize purchases but “really can’t get things moving.” Without new home sales, he warned, the pipeline for future construction disappears, along with the household spending tied to housing activity. Dutta dismissed optimism around tax refunds boosting consumer spending, saying, “The refunds basically have gone kerplop.” He added that rising gas prices are “eating away at a lot of that optimism” and noted that consumers themselves do not believe the job market is improving. Looking ahead, Dutta suggested that a resolution to geopolitical conflict could bring oil prices ( CO1:COM ), ( CL1:COM ) down, though significant economic damage may already be done by that point. Such a scenario, he said, would ultimately “give the Fed some license to ease policy later this year.” More on interest rates Gold sinks as Trump's Iran speech seen raising likelihood of higher interest rates Goldman...
The U.S. Food and Drug Administration (FDA) on Tuesday announced the approval of the first set of generic products targeting Farxiga, a blockbuster diabetes therapy marketed by AstraZeneca ( AZN ). The sodium-glucose cotransporter 2 (SGLT2) inhibitor is currently available in the U.S. to reduce the risk of hospitalization related to heart failure in adults with type 2 diabetes and to improve their...
The U.S. Food and Drug Administration (FDA) on Tuesday announced the approval of the first set of generic products targeting Farxiga, a blockbuster diabetes therapy marketed by AstraZeneca ( AZN ). The sodium-glucose cotransporter 2 (SGLT2) inhibitor is currently available in the U.S. to reduce the risk of hospitalization related to heart failure in adults with type 2 diabetes and to improve their glycemic control, alongside dietary control and exercise. The oral therapy, also known as dapagliflozin, generated $1.7B in revenue for the Anglo-Swedish drugmaker from the U.S. last year, indicating a ~1% YoY decline. In a statement, the FDA announced that it approved abbreviated new drug applications from multiple drugmakers, which sought U.S. approval for their off-patent versions of Farxiga. Indian drugmakers Aurobindo Pharma, Lupin, and Alembic Pharmaceuticals are among the manufacturers to receive the approvals. More on AstraZeneca PLC AstraZeneca: The Bigger Picture Remains Solid Growth Amidst Improving Margins And Returns AstraZeneca: The Big China Bet AstraZeneca: Q4 Earnings Analysis - Ticks The Boxes, Upgrading To Buy UK reaches agreement with US for British drugs to be tariff free Astra posts late-stage trial win for Imfinzi regimen in liver cancer
Intel is joining Elon Musk’s Terafab project, a massive effort to develop in-house semiconductors for Tesla, SpaceX and xAI. The project aims to consolidate the entire chip-making lifecycle under one roof to power the next generation of AI and robotics. Discussing the move on “Bloomberg Tech,” Gil Luria, head of tech research at D.A. Davidson, says "Intel has positioned itself to have the volumes ...
Intel is joining Elon Musk’s Terafab project, a massive effort to develop in-house semiconductors for Tesla, SpaceX and xAI. The project aims to consolidate the entire chip-making lifecycle under one roof to power the next generation of AI and robotics. Discussing the move on “Bloomberg Tech,” Gil Luria, head of tech research at D.A. Davidson, says "Intel has positioned itself to have the volumes necessary to bring the customers to the table, to have the volumes necessary to be profitable." (Source: Bloomberg)
Michael Derrer Fuchs/iStock Editorial via Getty Images Senior Plc has agreed to a £1.4 billion ($1.86 billion) takeover approach from a consortium led by Tinicum and Blackstone ( BX ) , marking a likely conclusion to months of takeover interest in the U.K.-based aerospace and defense supplier. The company has been the focus of multiple bids in recent months, reflecting a broader trend of investors...
Michael Derrer Fuchs/iStock Editorial via Getty Images Senior Plc has agreed to a £1.4 billion ($1.86 billion) takeover approach from a consortium led by Tinicum and Blackstone ( BX ) , marking a likely conclusion to months of takeover interest in the U.K.-based aerospace and defense supplier. The company has been the focus of multiple bids in recent months, reflecting a broader trend of investors targeting British firms viewed as undervalued. Heightened global tensions and rising defense budgets have further increased appetite for companies tied to aerospace and military supply chains. One previous suitor, Arcline Investment Management, withdrew its offer last week. That came after Senior rejected a £1.14 billion proposal from Advent. Under UK takeover regulations, both firms could potentially re-enter the process under specific conditions. Senior shares, which imply a market value of roughly £1.21 billion, were little changed in midday London trading. The stock has climbed about 15% since news of takeover interest first emerged in late February. Board backs offer amid sector confidence The recommended offer values Senior at 300 pence per share in cash, representing a modest premium of about 2.8% to its prior closing price. The company’s board said it intends to support the transaction, citing the consortium’s experience in aerospace and industrial investing as a key factor. Alantra, Senior’s largest shareholder with a stake exceeding 17%, has indicated it plans to vote in favor of the deal. Tinicum pointed to its long-term focus on aerospace and industrial businesses as underpinning its confidence in Senior’s prospects. The firm also said it plans to combine Senior with its recently acquired AeroFlow Technologies to enhance earnings potential if the acquisition is completed. Exposure to major aerospace and defense programs Senior generates the bulk of its revenue from civil aerospace, though it also supplies components for defense programs and land-based vehicles....
Social network Bluesky saw some intermittent service disruptions on Monday. On its own, this fact isn't that noteworthy—Bluesky has seen similar service disruptions in the past , and this one coincided with widespread service problems being reported with other popular sites (Bluesky officially blamed the temporary problems on an "upstream service provider"). What made this outage notable for many ...
Social network Bluesky saw some intermittent service disruptions on Monday. On its own, this fact isn't that noteworthy—Bluesky has seen similar service disruptions in the past , and this one coincided with widespread service problems being reported with other popular sites (Bluesky officially blamed the temporary problems on an "upstream service provider"). What made this outage notable for many Bluesky users, though, was the instant assumption that it was the result of sloppy, AI-assisted "vibe coding" by the Bluesky development team. Amid Monday's service issues, many Bluesky feeds were filled with hundreds of posts that laid the blame on developers who were allegedly relying on unreliable AI tools to ship faulty code. Some used memes , others used alt text , still others used irony or wry humor to call out Bluesky's development team for this alleged sloppiness. Read full article Comments