Nela Richardson, Chief Economist at ADP and a Bloomberg contributor, says employers need to decide whether AI is going to be a tool for automating roles away or augmenting tasks to create new value. She discusses the new Canaries Dashboard, launched by ADP and the Stanford Digital Economy Lab, to provide real-time indications of how AI is reshaping different occupations based on labor market data....
Nela Richardson, Chief Economist at ADP and a Bloomberg contributor, says employers need to decide whether AI is going to be a tool for automating roles away or augmenting tasks to create new value. She discusses the new Canaries Dashboard, launched by ADP and the Stanford Digital Economy Lab, to provide real-time indications of how AI is reshaping different occupations based on labor market data. Richardson joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
RiverNorthPhotography/iStock Unreleased via Getty Images Fifth Third Bancorp ( FITB ) has gained access to Anthropic's ( ANTHRO ) cybersecurity initiative, known as Project Glasswing. Earlier this month, Anthropic said it was expanding its cybersecurity initiative to another 150 new organizations. "We were invited into Project Glasswing over the last several weeks," said FITB CFO Bryan Preston at ...
RiverNorthPhotography/iStock Unreleased via Getty Images Fifth Third Bancorp ( FITB ) has gained access to Anthropic's ( ANTHRO ) cybersecurity initiative, known as Project Glasswing. Earlier this month, Anthropic said it was expanding its cybersecurity initiative to another 150 new organizations. "We were invited into Project Glasswing over the last several weeks," said FITB CFO Bryan Preston at the Morgan Stanley U.S. Financials Conference 2026. "We think it was a reflection of just the role we play in the payments ecosystem in the country today, whether it's the Direct Express business, some of the processing that we do for U.S. customs as well as just the magnitude of payroll processing that we do for the country," said Preston. More on Fifth Third Bancorp, Anthropic Fifth Third Bancorp (FITB) Presents at Morgan Stanley US Financials Conference 2026 Transcript Fifth Third Bancorp (FITB) Presents at Morgan Stanley US Financials Conference 2026 - Slideshow Wall Street Lunch: Hot Labor Market Defies Predictions Of AI-Led Job Losses OpenAI prepares tender offer of $687 per share; Altman expects to go public within year: report OpenAI IPO signals floodgates are 'officially open,' Wedbush says
Citi’s Panic/Euphoria Model is off the charts. Wall Street hasn’t felt this good in five years. And investors are taking chances, willing to get burned.
Citi’s Panic/Euphoria Model is off the charts. Wall Street hasn’t felt this good in five years. And investors are taking chances, willing to get burned.
The iShares U.S. Medical Devices ETF (IHI) could be setting up for a turnaround — and a few stock charts detailed here will show why. First, the bad news: IHI has been in a downtrend since the very start of 2026, visibly underperforming the major indices by a wide margin. Along the way, we've seen several rally attempts strong enough to generate moving average convergence/divergence, or MACD, buy ...
The iShares U.S. Medical Devices ETF (IHI) could be setting up for a turnaround — and a few stock charts detailed here will show why. First, the bad news: IHI has been in a downtrend since the very start of 2026, visibly underperforming the major indices by a wide margin. Along the way, we've seen several rally attempts strong enough to generate moving average convergence/divergence, or MACD, buy signals three separate times since the middle of February. As is clear, the prior two signals in February and April both failed at key downtrend lines. The most recent buy signal initially appeared to suffer the same fate in mid-May, but the ensuing pullback produced a marginal higher low and buyers returned as June began. Currently, IHI is trying to leverage that latest MACD buy signal better, as it once again tests the downtrend line connecting the January and early March highs. The question is whether this time is any different. The answer is that yes, it could be. IHI's current bounce has helped build a potential double-bottom formation, with the 51 resistance-level lining up closely with the 50-day moving average, which IHI is now testing for the first time since early 2026. The 14-day relative strength index has also just poked above the 50 level for the first time since late February. Again, we've seen promising rallies before, only to watch them turn into head fakes. Because of that, investors are perhaps doubting this attempt as well. But as just described, this setup has some compelling short-term technicals in its favor this time that it was lacking before. Zooming all the way out to the monthly log chart, it's clear that IHI has also fallen back to a major support zone in the mid-40s. This is the same area where the ETF pulled back to and bounced from on three prior occasions — twice in 2022 and again in 2023. That last test, of course, ultimately led to a multi-year advance that carried IHI back toward its all-time highs. The most recent six-month decline now h...
As AI giants Anthropic and OpenAI prepare for IPOs, the companies are stressing their efforts to ensure the tech is safe and beneficial for humanity. But Safiya Noble, a UCLA professor and director of the university’s Center on Resilience & Digital Justice, says current AI is not safe, and that stereotypes and biases are being built into training data. Noble joins Caroline Hyde and Ed Ludlow on “B...
As AI giants Anthropic and OpenAI prepare for IPOs, the companies are stressing their efforts to ensure the tech is safe and beneficial for humanity. But Safiya Noble, a UCLA professor and director of the university’s Center on Resilience & Digital Justice, says current AI is not safe, and that stereotypes and biases are being built into training data. Noble joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech." (Source: Bloomberg)
美国5月CPI再度升温,同比增速创三年来新高,华尔街的结论却出奇一致:这份报告既没有彻底改变美联储的政策路径,也没有给市场提供明确方向。 有“新美联储通讯社”之称的记者 Nick Timiraos评论称,对于美联储而言,“5月通胀报告什么问题都没有解决”。虽然核心通胀数据低于预期,但能源冲击、AI驱动的需求扩张以及依然强劲的经济增长,使通胀前景仍充满不确定性。 与此同时,多家华尔街机构认为,本次C...
Growing Number Of Oil Tankers Successfully Sneak Through Hormuz, Shrinking Iran's Leverage One week ago we reported that " As Gulf States Plan Bypass Pipelines, US Military Is Quietly Helping Ships Cross Hormuz ." We now have more evidence that, whether with or without a US escort, a growing number of ships are transiting Hormuz. According to Bloomberg, off the coast of Oman over the weekend, 16 t...
Growing Number Of Oil Tankers Successfully Sneak Through Hormuz, Shrinking Iran's Leverage One week ago we reported that " As Gulf States Plan Bypass Pipelines, US Military Is Quietly Helping Ships Cross Hormuz ." We now have more evidence that, whether with or without a US escort, a growing number of ships are transiting Hormuz. According to Bloomberg, off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A month ago, that area had been entirely empty. They’re part of a growing number of tankers that are turning their transponders off to lift oil flows through the Strait of Hormuz from a trickle to a stream. While conventional vessel-tracking data show little change in shipments, senior shipping executives, Asian oil buyers and satellite images paint a different picture: That Hormuz is now a lot less blocked, with transits becoming more steady and greater in volume. As we reported last week, the increase in Gulf producers’ ships going dark to sneak through undetected by Iran is at the heart of the rise in flows, coinciding with a period where the US has been helping ships navigate through the waterway. The recent volumes add to signs that the oil market is managing to route enough to buyers and avert a price surge as the Iran war causes the biggest supply disruption in oil market history. Commenting on the growing number of stealthy ship transits, earlier today Goldman's Delta One head, Rich Privorotsky, said that "a lot has been thrown at the oil market and it’s simply not going up, which is remarkable given the level of escalation. The only conclusion that really fits the price action is that barrels are still getting through the Strait of Hormuz, visibly or otherwise. There doesn’t seem to be a more rational explanation. " Middle East producers have been using vessels they control to ferry barrels outside of Hormuz - avoiding the stratospheric fees that would be co...
(RTTNews) - After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.
(RTTNews) - After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg: Open Interest." A relatively tame inflation report brings some relief to Wall Street, even as tensions in the Middle East continue to weigh on sentiment. President Trump warns Iran will pay a price for taking too long to negotiate a peace deal. SpaceX fever is going global with institutional investors and sovere...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg: Open Interest." A relatively tame inflation report brings some relief to Wall Street, even as tensions in the Middle East continue to weigh on sentiment. President Trump warns Iran will pay a price for taking too long to negotiate a peace deal. SpaceX fever is going global with institutional investors and sovereign wealth funds piling into the record-breaking IPO. On the markets, Morgan Stanley's Mike Wilson and RBC's Lori Calvasina reinforce the bullish case for equities. Stamatis Tsantanis, the CEO of Seanergy Maritime and United Maritime, talks global shipping demand. Plus, Scott Painter of TrueCar, a longtime Elon Musk friend and adviser, shares insight into Musk's entrepreneurial journey and SpaceX's early days. (Source: Bloomberg)
(L-R) Sen. Mike Rounds, Pamela Brown, Chris Malachowsky, Kevin O'Leary, Gabriele Caccia, Tammy Haddad, Michele L. Jawando, Sen. Mark Warner, Michael Kelly and Major General Patrick Ellis attend the Second Annual AI Honors. | Getty Images for Washington AI N Hello and welcome to Regulator , a newsletter for Verge subscribers about tech politics, tech influence, and tech shenanigans in Washington, D...
(L-R) Sen. Mike Rounds, Pamela Brown, Chris Malachowsky, Kevin O'Leary, Gabriele Caccia, Tammy Haddad, Michele L. Jawando, Sen. Mark Warner, Michael Kelly and Major General Patrick Ellis attend the Second Annual AI Honors. | Getty Images for Washington AI N Hello and welcome to Regulator , a newsletter for Verge subscribers about tech politics, tech influence, and tech shenanigans in Washington, DC. (If you're not a subscriber, you can get on board here .) We're back after a two-week hiatus, during most of which I was gallivanting in the Netherlands for a family wedding, and a trip to the Heineken Experience, which is, truly, an ~experience~ . Before I left, I asked everyone in Washington to please chill out while I was gone. This clearly did not happen, and I have returned to a political landscape that can be best described as that meme from Community where the room is on fire . Let's get into th … Read the full story at The Verge.
Guido Mieth/DigitalVision via Getty Images Market Review U.S. equities delivered mixed results for the quarter as investors grappled with geopolitical uncertainty and shifting monetary policy expectations. Despite a softening labor market, the Federal Reserve (“Fed”) remains in a wait-and-see mode as it weighs the impacts of the Middle East conflict on growth and inflation. Market leadership broad...
Guido Mieth/DigitalVision via Getty Images Market Review U.S. equities delivered mixed results for the quarter as investors grappled with geopolitical uncertainty and shifting monetary policy expectations. Despite a softening labor market, the Federal Reserve (“Fed”) remains in a wait-and-see mode as it weighs the impacts of the Middle East conflict on growth and inflation. Market leadership broadened, with a notable rotation out of mega-cap tech and into more attractively valued areas of the market. Mid-Cap stocks fared the best amidst heightened volatility, returning 2.50% for the quarter. The Russell 2000 and the S&P 500 indexes returned 0.89% and -4.33%, respectively. Value was the primary driver of relative outperformance in the large-cap space, while growth contributed positively in the mid- and small-cap spaces. Quality factor performance improved as the quarter progressed. Quarter Equities began the year with positive momentum, supported by the expectations of continued monetary easing and steady economic growth. Sentiment became more mixed as the quarter progressed, however, with intermittent bouts of weakness driven by shifting rate-cut expectations and rising geopolitical uncertainty in the Middle East. Geopolitical risk emerged as a central market driver during the month of March. In late February, the U.S. and Israel launched strikes on Iranian military and leadership targets, which quickly escalated into a broader regional conflict. Iran retaliated by targeting critical energy infrastructure and shipping routes, including the Strait of Hormuz—a key route for roughly 20% of global oil supply. The disruption triggered a sharp increase in oil prices and a temporary risk-off tone across global equities. Despite the severity of the initial shock, markets began to stabilize toward quarter-end as investors anticipated a potential de-escalation. Monetary policy remained a key influence on market dynamics. Following three consecutive rate cuts in late 2025, the...
M. Suhail/iStock Editorial via Getty Images Introduction Chipotle ( CMG ), and really the whole industry at that, has had a tough couple of years. After falling over 50% from its 2024 highs of $68 per share, I think it raises a couple of questions. First is the question of why same-store sales [SSS] growth has been so weak. Second, where does Chipotle sit in the highly competitive landscape? And l...
M. Suhail/iStock Editorial via Getty Images Introduction Chipotle ( CMG ), and really the whole industry at that, has had a tough couple of years. After falling over 50% from its 2024 highs of $68 per share, I think it raises a couple of questions. First is the question of why same-store sales [SSS] growth has been so weak. Second, where does Chipotle sit in the highly competitive landscape? And lastly, how attributable is their growth weakness to the volatile macroeconomic environment consumers are currently facing? In this article, I plan to answer these questions by discussing why I think Chipotle offers a better slop bowl and how investors have falsely attributed lower consumer sentiment to the company rather than to something transitory. Better Product Bigger Portions In recent years, Chipotle has been criticized for reducing portion sizes. In fact, according to Fox Business in 2024 , the phrase ‘Chipotle small portion size’ has at least 58 million videos on TikTok centered on the restaurant's burrito bowl sizes. A study by Wells Fargo analysts that weighed 75 Chipotle bowls across 8 locations in New York City, each with white rice, black beans, chicken, pico de gallo, cheese, and lettuce, shows a different story. That Chipotle actually gives more than they advertise. Wells Fargo I also decided to do my own experiment in my hometown of Arizona, where I tried 20 Chipotle bowls over 5 locations with the same order as the Wells Fargo analysts: Author's Compilation As you can see, my findings were similar to the analysts. On Chipotle’s website , if you add up all the ingredients of the bowls in both experiments, each bowl should have a weight of 18 ounces. However, from both of our findings, Chipotle gives significantly more than that, where 18 ounces was actually the floor. Higher Value for Money To add to more than advertised portion sizes, Chipotle is also giving you more food per dollar compared to competitors. I analyzed the amount of calories and protein Chip...
Newly-listed power company ERock could appeal to investors looking for another way to play the AI boom. Erock started trading on the New York Stock Exchange around midday on Wednesday, slipping 5% in early action. ERock makes natural gas-powered engines and generators that can be placed on-site at data centers or other large businesses to provide electricity.
Newly-listed power company ERock could appeal to investors looking for another way to play the AI boom. Erock started trading on the New York Stock Exchange around midday on Wednesday, slipping 5% in early action. ERock makes natural gas-powered engines and generators that can be placed on-site at data centers or other large businesses to provide electricity.
Over the last 7 days, the United States market has experienced a 3.3% drop, yet it remains up by 22% over the past year with earnings expected to grow by 17% annually. In this context, identifying growth companies with high insider ownership can be particularly appealing as it often indicates strong confidence from those closest to the business in its future potential.
Over the last 7 days, the United States market has experienced a 3.3% drop, yet it remains up by 22% over the past year with earnings expected to grow by 17% annually. In this context, identifying growth companies with high insider ownership can be particularly appealing as it often indicates strong confidence from those closest to the business in its future potential.