Greg Shearer, JPMorgan base and precious metals research head, discusses the aluminum market and the impact the conflict in the Middle East on prices. "Our outlook in the very near term is still for prices to move up towards $4,000 per metric ton," Shearer tells Bloomberg Television. "There will be demand destruction at those levels," he adds. (Source: Bloomberg)
Greg Shearer, JPMorgan base and precious metals research head, discusses the aluminum market and the impact the conflict in the Middle East on prices. "Our outlook in the very near term is still for prices to move up towards $4,000 per metric ton," Shearer tells Bloomberg Television. "There will be demand destruction at those levels," he adds. (Source: Bloomberg)
Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
The Federal Reserve made headlines in April by choosing to hold interest rates steady, extending an ongoing pause. Of course, that pause wasn’t exactly a surprise. Inflation soared in March in the wake of the Iran conflict. The Fed commonly lowers interest rates in response to cooling inflation. Since March’s situation was the opposite, it ... How the Fed’s Interest Rate Decision Will Impact Your ...
The Federal Reserve made headlines in April by choosing to hold interest rates steady, extending an ongoing pause. Of course, that pause wasn’t exactly a surprise. Inflation soared in March in the wake of the Iran conflict. The Fed commonly lowers interest rates in response to cooling inflation. Since March’s situation was the opposite, it ... How the Fed’s Interest Rate Decision Will Impact Your Social Security Checks This Month
UK shares dropped in thin holiday trading as NatWest Group Plc fell more than 3% after reporting net interest income that came in slightly below expectations. The FTSE 100 index was down 0.4% as of 8:30 a.m. in London. Most European markets were closed for Labor Day. Elsewhere, Diageo Plc gained 1.6% after US President Donald Trump said he would be removing some Scotch tariffs following a visit fr...
UK shares dropped in thin holiday trading as NatWest Group Plc fell more than 3% after reporting net interest income that came in slightly below expectations. The FTSE 100 index was down 0.4% as of 8:30 a.m. in London. Most European markets were closed for Labor Day. Elsewhere, Diageo Plc gained 1.6% after US President Donald Trump said he would be removing some Scotch tariffs following a visit from King Charles III. European shares rose 4.8% in April, marking their best monthly performance since January 2025. Even so, the benchmark is 4% below its pre-war levels. The focus remains on geopolitics, with investors monitoring the impact of disruptions in the Strait of Hormuz on energy prices and inflation. The European Central Bank will probably increase borrowing costs if the Iran war persists, according to outgoing Governing Council member Madis Muller. “At some point you reach a point of no return where re-opening of Strait is too late to avoid shifting inflation/interest rate expectations. That is now probably a matter of weeks away,” said Chris Wyllie , chief investment officer at Connor Broadley Ltd. “This realization could provide the pretext for the market to retest its lows.” For more on equity markets: Say Goodbye to Easy Gains That Powered the Market: Taking Stock M&A Watch Europe: UCB, CloserStill Media, United Utilities BlackRock Sees Consolidated Tape Enticing Europe IPOs: ECM Watch Stocks Post a Rally For History Books: S&P 500 Month in Review Whitbread Cuts Back: The London Rush You want more news on this market? Click here for a curated First Word channel of actionable news from Bloomberg and select sources. It can be customized to your preferences by clicking into Actions on the toolbar or hitting the HELP key for assistance. To subscribe to a daily list of European analyst rating changes, click here .
Earnings Call Insights: Merit Medical Systems (MMSI) Q1 2026 Management view "We reported total revenue of $381.9 million, up 7% year-over-year on a GAAP basis and up 5% year-over-year on a constant currency basis," said (President, CEO & Director Martha Aronson), adding that "our non-GAAP operating margin increased 47 basis points year-over-year to 19.7%, representing the highest first quarter op...
Earnings Call Insights: Merit Medical Systems (MMSI) Q1 2026 Management view "We reported total revenue of $381.9 million, up 7% year-over-year on a GAAP basis and up 5% year-over-year on a constant currency basis," said (President, CEO & Director Martha Aronson), adding that "our non-GAAP operating margin increased 47 basis points year-over-year to 19.7%, representing the highest first quarter operating margin in the company's history" and that the company generated "$25 million of free cash flow." "On April 1, building upon our oncology platform, we announced the acquisition of View Point Medical for an aggregate transaction consideration of $140 million, of which $90 million was paid in cash at closing," said (CEO Aronson), describing OneMark as "an expansion of the annual addressable procedure opportunity of approximately 3x for our oncology business" and adding that "the combination of SCOUT and OneMark provides physicians with localization options during the initial diagnostic biopsy." "We are now reporting our revenue in 2 product categories: foundational and therapeutic," said (CEO Aronson), stating that the company plans to report revenue results by those categories while continuing to provide "additional color on the underlying drivers of growth" in the eight internal platforms. "First quarter net income was $56.7 million or $0.94 per share compared to $52.9 million or $0.86 per share in the prior year period," said (CFO & Treasurer Raul Parra), and added that "first quarter net income and EPS exceeded the high end of our guidance range by $3.7 million and $0.07, respectively." Outlook "For the 12 months ending December 31, 2026, we now expect total GAAP net revenue growth in the range of 6.3% to 7.8% year-over-year and 5.6% to 7% year-over-year on a constant currency basis," said (CFO Parra), adding that guidance assumes "sales of foundational products increase in the mid-single digits" and "sales of therapeutic products increase in the high single digits...
Marvell Technology (NasdaqGS:MRVL) has acquired Polariton Technologies, expanding its high speed optical connectivity capabilities for AI data centers. The company is integrating Polariton with Celestial AI solutions and working on custom chips and design wins with several major hyperscalers, including Google. Marvell is also gaining exposure to quantum computing through partnerships and inclusion...
Marvell Technology (NasdaqGS:MRVL) has acquired Polariton Technologies, expanding its high speed optical connectivity capabilities for AI data centers. The company is integrating Polariton with Celestial AI solutions and working on custom chips and design wins with several major hyperscalers, including Google. Marvell is also gaining exposure to quantum computing through partnerships and inclusion in quantum focused ETFs tied to government and enterprise projects. For you as an investor,...