bymuratdeniz/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify Cerebras headlines a busy IPO week with surging investor demand. (0:17) Applied Materials faces AI demand questions . (1:12) April CPI arrives with energy prices driving inflation concerns . (1:55) As earnings season winds down, attention is shifting to the IPO market. AI chipmaker Cerebras Systems ( CBRS...
bymuratdeniz/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify Cerebras headlines a busy IPO week with surging investor demand. (0:17) Applied Materials faces AI demand questions . (1:12) April CPI arrives with energy prices driving inflation concerns . (1:55) As earnings season winds down, attention is shifting to the IPO market. AI chipmaker Cerebras Systems ( CBRS ) headlines a busy week for new listings. Reports indicate the company may raise its price range to $125 to $135 per share as soon as Monday , lifting the potential proceeds to about $3.78B from $3.5B. The deal has reportedly attracted orders more than 20 times the shares available, and the range could still move higher. Cerebras plans to sell 28M shares on the Nasdaq under the ticker CBRS, with Morgan Stanley, Citigroup, Barclays and UBS leading the underwriting syndicate. Also expected to begin trading are geothermal developer Fervo Energy ( FRVO ), which has a data center partnership with Google ( GOOGL ), and data center REIT Blackstone Digital Infrastructure Trust ( BXDC ), both with projected valuations north of $5B. Other IPOs slated for the week include GMR Solutions ( GMRS ), EagleRock Land (EROK), and Riku Dining Group (RIKU). On the e arnings calendar , Applied Materials ( AMAT ) takes center stage Thursday. Investors are looking for another beat-and-raise quarter from one of the market’s key AI infrastructure beneficiaries. The primary growth drivers remain gate-all-around transistor demand and high-bandwidth memory. AMAT’s $5B EPIC Center initiative is also in focus, with investors watching for updates on customer co-development, commercialization timelines, and the strength of AI-related demand. China remains the principal risk. Management has already flagged a potential $600M revenue headwind in FY2026 tied to tighter U.S. export restrictions. Elsewhere this week: Simon Property Group ( SPG ) reports Monday, Oklo ( OKLO ) Tuesday, and Tencent ( TCEHY ), Cisc...
We’re just weeks away from summer vacation, where families will be traveling across the country and around the world. That doesn’t even take into account Europe’s vacation month in August. Between the Iran-Lebanon war, possible fuel shortages, and ballooning flight costs – there are a lot of questions about upcoming travel. So is travel insurance worth it? Bloomberg Pursuits' Sara Clemence joins D...
We’re just weeks away from summer vacation, where families will be traveling across the country and around the world. That doesn’t even take into account Europe’s vacation month in August. Between the Iran-Lebanon war, possible fuel shortages, and ballooning flight costs – there are a lot of questions about upcoming travel. So is travel insurance worth it? Bloomberg Pursuits' Sara Clemence joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
It’s the biggest night in British television! Join Aimee Lou Wood, Alan Carr, Owen Cooper and stars of the year’s best shows on the red carpet Adolescence dominates Bafta TV awards Bafta TV awards 2026: the full list of winners Continue reading...
It’s the biggest night in British television! Join Aimee Lou Wood, Alan Carr, Owen Cooper and stars of the year’s best shows on the red carpet Adolescence dominates Bafta TV awards Bafta TV awards 2026: the full list of winners Continue reading...
Berkshire Hathaway (BRK.A, BRK.B) CEO Greg Abel isn’t chasing the AI trade just because everyone else is. In his first annual meeting as Berkshire’s top honcho and Warren Buffett’s successor, he said that the company isn’t treating tech spending or tech stocks as a momentum game. That’s ...
Berkshire Hathaway (BRK.A, BRK.B) CEO Greg Abel isn’t chasing the AI trade just because everyone else is. In his first annual meeting as Berkshire’s top honcho and Warren Buffett’s successor, he said that the company isn’t treating tech spending or tech stocks as a momentum game. That’s ...
Progressive nationalist parties now hold power in Edinburgh, Cardiff and Belfast. That will be a challenge for the United Kingdom’s overcentralised state When the Scottish and Welsh assemblies were created on the eve of the millennium, the then Labour government in Westminster believed that it had engineered a win-win situation. Devolution, it was hoped, would see off any nationalist threat in Sco...
Progressive nationalist parties now hold power in Edinburgh, Cardiff and Belfast. That will be a challenge for the United Kingdom’s overcentralised state When the Scottish and Welsh assemblies were created on the eve of the millennium, the then Labour government in Westminster believed that it had engineered a win-win situation. Devolution, it was hoped, would see off any nationalist threat in Scotland and Wales. Meanwhile, the Labour party’s longstanding political dominance in both nations would see it take comfortable control of the two new parliaments. That was then. Last week’s devolved elections left Scottish and Welsh Labour battered, bruised and humiliated. Plaid Cymru’s historic victory in Wales, and a fifth successive triumph for the Scottish National party (SNP), mean that pro-independence governments are now set for the first time to rule in Edinburgh, Cardiff and Belfast (where Sinn Féin won in 2022). The starting gun has been fired on a new and constitutionally contested era in the politics of the UK. Continue reading...
Meta Platforms (NASDAQ: META) is probably the most unloved big tech stock out there. It has delivered quarter after quarter of impressive results, and has the fastest revenue growth rate of any of the hypersalers by far, yet trades at a cheap valuation and is down over 20% from highs set last October. The real question is, is Meta's stock a value right now, or is there a good reason for it to trad...
Meta Platforms (NASDAQ: META) is probably the most unloved big tech stock out there. It has delivered quarter after quarter of impressive results, and has the fastest revenue growth rate of any of the hypersalers by far, yet trades at a cheap valuation and is down over 20% from highs set last October. The real question is, is Meta's stock a value right now, or is there a good reason for it to trade at a discount? Let's take a look and see if now is the perfect buying opportunity, or if you should steer clear. Image source: Getty Images. Continue reading
The cost of a real-world oil cargo is dropping fast as buyers back away, in a dramatic reversal from last month’s bidding frenzy despite the ongoing closure of the Strait of Hormuz. The sharp retreat provides a counterintuitive backdrop to warnings that the oil market is barreling toward a crisis point — possibly in a matter of weeks. Still, traders cautioned that the calm may be shortlived, raisi...
The cost of a real-world oil cargo is dropping fast as buyers back away, in a dramatic reversal from last month’s bidding frenzy despite the ongoing closure of the Strait of Hormuz. The sharp retreat provides a counterintuitive backdrop to warnings that the oil market is barreling toward a crisis point — possibly in a matter of weeks. Still, traders cautioned that the calm may be shortlived, raising the risk that physical prices soar again as the industry relies on stopgap measures that can’t fill the gap indefinitely. An easing that began in the second half of April accelerated over the last week. Premiums of major North Sea grades, which are used to set the global benchmark Dated Brent, have plunged by as much as 90% over the past month to almost prewar levels. Several cargoes for West African and Mediterranean CPC crude for prompt delivery have even traded at small discounts to the benchmark. While prices broadly are still indicative of a tight market, they’re now within a normal range seen in recent years, before the Iran war removed more than 10% of global supply. Some traders suggested last week that buyers have held back as the US and Iran seemed closer to a deal , wary of paying elevated prices ahead of a crash if the Strait of Hormuz reopens. Others said that oil refiners are increasingly adapting to a world where the bulk of the Middle East’s crude is locked inside the Gulf — operating on a just-in-time basis for crude supplies, drawing down inventories, reducing run rates, or getting supplies from more distant producers . Brent futures jumped above $105 a barrel on Monday after US President Donald Trump rejected Iran’s latest response to his proposal to end the war, while a drone strike on Sunday briefly set a cargo vessel ablaze off Qatar. The US in particular has sharply ramped up exports, while the top oil buyer China has been selling cargoes of crude into global markets in an unusual move, Bloomberg reported on April 22. Its imports have dropped sharp...
After five years of deliberation the global south has forced the question that defined the Covid crisis: who will get the vaccines? The Covid-19 pandemic did deep and lasting damage to the international political system. Countries in the global south are keenly aware that the established order let them down. They received vaccines later, in smaller numbers and often at a higher price than rich cou...
After five years of deliberation the global south has forced the question that defined the Covid crisis: who will get the vaccines? The Covid-19 pandemic did deep and lasting damage to the international political system. Countries in the global south are keenly aware that the established order let them down. They received vaccines later, in smaller numbers and often at a higher price than rich countries, resulting in avoidable death and suffering , and extended economic malaise . Last week, a coalition of those countries made their displeasure known by continuing to stonewall negotiations on the vaunted pandemic preparedness treaty of the World Health Organization (WHO), sending a clear message that when the next crisis arrives, they will not accept the same status quo. An international treaty is sorely needed. But five years into negotiations, it is clear that the western backers of this plan, especially in Europe , have consistently presented it as a fait accompli, while avoiding the most basic and obvious political impasse before them. Continue reading...
Cloudflare (NYSE: NET) is positioning itself as a key infrastructure layer for AI agents, enterprise security, and edge computing. Its Agent Cloud and Mesh products could make the company more important as businesses adopt AI, but the stock already reflects major optimism. That c
Cloudflare (NYSE: NET) is positioning itself as a key infrastructure layer for AI agents, enterprise security, and edge computing. Its Agent Cloud and Mesh products could make the company more important as businesses adopt AI, but the stock already reflects major optimism. That c
In an age of hustle culture and hyperoptimization, parenting has become a source of pressure. Author of “Overinvested: The Emotional Economy of Modern Parenting” Nina Bandelj joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the shift in modern-day parenting practices. (Source: Bloomberg)
In an age of hustle culture and hyperoptimization, parenting has become a source of pressure. Author of “Overinvested: The Emotional Economy of Modern Parenting” Nina Bandelj joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the shift in modern-day parenting practices. (Source: Bloomberg)
Rep. Johnny Olszewski joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the recent news that Iran has submitted a response to a U.S. proposal via Pakistan and expressed concern over the lack of transparency and consultation with Congress, noting that the administration has provided no real-time updates or public hearings on the conflict. (Source: Bloomberg)
Rep. Johnny Olszewski joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the recent news that Iran has submitted a response to a U.S. proposal via Pakistan and expressed concern over the lack of transparency and consultation with Congress, noting that the administration has provided no real-time updates or public hearings on the conflict. (Source: Bloomberg)