Apple (NASDAQ:AAPL) is planning on ending its exclusive ChatGPT partnership and will open Siri to rival AI assistants in iOS 27, according to Bloomberg. This flips Wall Street’s narrative literally overnight. What looked like corporate hesitation suddenly appears as a masterstroke. Instead of racing to build the biggest models or burn the most capital, Apple ... Apple Skipped the AI Arms Race – No...
Apple (NASDAQ:AAPL) is planning on ending its exclusive ChatGPT partnership and will open Siri to rival AI assistants in iOS 27, according to Bloomberg. This flips Wall Street’s narrative literally overnight. What looked like corporate hesitation suddenly appears as a masterstroke. Instead of racing to build the biggest models or burn the most capital, Apple ... Apple Skipped the AI Arms Race – Now Its Strategy Looks Like Pure Genius
Tony Pulis explains why international breaks can be an opportunity as well as a problem for managers, and what he did when one of his players did not return on time.
Tony Pulis explains why international breaks can be an opportunity as well as a problem for managers, and what he did when one of his players did not return on time.
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Brits are holding onto their purse strings. And can you blame them? People are saving more and splashing out less, GfK found, as they try ride out the economic impact of the Iran war. GfK’s gauge of major purchase plans plunged to the lowest since April last year (remember the...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Brits are holding onto their purse strings. And can you blame them? People are saving more and splashing out less, GfK found, as they try ride out the economic impact of the Iran war. GfK’s gauge of major purchase plans plunged to the lowest since April last year (remember the US trade war and hiked bills?). That follows similar findings from BRC yesterday, reinforcing the perception that economic concerns are starting to ripple through the UK economy. Now, while households remain relatively confident about their own finances, they’re less sure about the prospects for the economy. For a country that’s pretty reliant on consumer spending, that doesn’t bode well. Even before the war, retail sales fell in February for the first time since November, showing shops have entered a turbulent time on a weak footing. Still, there could be some light at the end of the tunnel, with Bank of England rate-setters casting doubt about the threat of a price spiral from the Iran war, even with markets expecting three hikes this year. It’s not all gloom this Friday. P.S. My colleagues Sachin and Chloe will guide you through next week when I’m away. Have a lovely long Easter weekend and see you in April! What’s your take? Ping me on X , LinkedIn or drop me an email at lmoon13@bloomberg.net. Oh, and do subscribe to Bloomberg.com for unlimited access to trusted business journalism on the UK, and beyond. What We’re Watching The antitrust watchdog is investigating five companies, including Autotrader, Pasta Evangelists and Just Eat, over potential “fake and misleading reviews.” It’s part of a wider crackdown, given the influence it says reviews have on consumer spending decisions. Metlen Energy - a relatively new edition to the London Stock Exchange - has delayed its full year results by nine days, at the request of its auditors, PwC. It reiterated guidance. Shares fell...
Crown Prince Mohammed bin Salman said to view US-Israeli war as ‘historic opportunity’ to remake Middle East Middle East crisis – live updates Saudi Arabia has urged the US to ramp up attacks on Iran, a Saudi intelligence source has confirmed, while it is weighing a decision on whether to join the fight directly. The Saudi source confirmed reporting in the New York Times , which said the kingdom’s...
Crown Prince Mohammed bin Salman said to view US-Israeli war as ‘historic opportunity’ to remake Middle East Middle East crisis – live updates Saudi Arabia has urged the US to ramp up attacks on Iran, a Saudi intelligence source has confirmed, while it is weighing a decision on whether to join the fight directly. The Saudi source confirmed reporting in the New York Times , which said the kingdom’s de facto leader, Crown Prince Mohammed bin Salman, has urged Donald Trump not to cut short his war against Iran, and that the US-Israeli campaign represented a “historic opportunity” to remake the Middle East. Continue reading...
Ion Beam Applications SA ( IOBCF ): FY GAAP EPS of €0.43. Revenue (net sales) of €620.2M (+24.5% Y/Y) from €498.2M in 2024. Gross margin decreased to 32.2% vs. 33.7% in 2024. Adjusted EBIT increased to €27.4M (+58% YoY) from €17.3M in the previous year. Net results increased to €12.7M (+38% YoY). More on Ion Beam Applications SA Historical earnings data for Ion Beam Applications SA Dividend scorec...
Ion Beam Applications SA ( IOBCF ): FY GAAP EPS of €0.43. Revenue (net sales) of €620.2M (+24.5% Y/Y) from €498.2M in 2024. Gross margin decreased to 32.2% vs. 33.7% in 2024. Adjusted EBIT increased to €27.4M (+58% YoY) from €17.3M in the previous year. Net results increased to €12.7M (+38% YoY). More on Ion Beam Applications SA Historical earnings data for Ion Beam Applications SA Dividend scorecard for Ion Beam Applications SA Financial information for Ion Beam Applications SA
Tech stocks are poised to rebound after hitting deeply oversold levels early in 2026. Analysts and institutional trends align; double-digit upside is ahead.
Tech stocks are poised to rebound after hitting deeply oversold levels early in 2026. Analysts and institutional trends align; double-digit upside is ahead.
China launched a pair of investigations into US practices concerning supply chains and renewable products, in retaliation of US trade probes ahead of an expected presidential summit. The move, announced by the Ministry of Commerce on Friday, is a direct mirror of Washington’s Section 301 investigations. The White House has turned to the legal mechanism to revive US President Donald Trump ’s tariff...
China launched a pair of investigations into US practices concerning supply chains and renewable products, in retaliation of US trade probes ahead of an expected presidential summit. The move, announced by the Ministry of Commerce on Friday, is a direct mirror of Washington’s Section 301 investigations. The White House has turned to the legal mechanism to revive US President Donald Trump ’s tariff agenda after the Supreme Court struck down some of his duties. The measures come days after the US said Trump will travel to China in mid-May to meet with Chinese President Xi Jinping for a summit delayed by the conflict in Iran. The investigation carries a six-month deadline, with a possible three-month extension, giving Beijing a legal justification for future countermeasures and leverage ahead of any talks. China’s probes target a broad sweep of American measures, including restrictions on Chinese goods entering US markets, export controls on advanced technology, and limits on bilateral investment in critical sectors. China’s Commerce Ministry said some measures may violate WTO rules and treaties both countries have jointly signed.
Getty Images Technology has undergone a profound shift over the past several decades. What was once a specialized industry focused on hardware and software has evolved into the connective infrastructure of the global economy. Today, technology capabilities power nearly every sector, blurring the lines between traditional industry boundaries. Yet many of the investment strategies used to access tec...
Getty Images Technology has undergone a profound shift over the past several decades. What was once a specialized industry focused on hardware and software has evolved into the connective infrastructure of the global economy. Today, technology capabilities power nearly every sector, blurring the lines between traditional industry boundaries. Yet many of the investment strategies used to access technology exposure were built for an earlier era. To address this disconnect, we are introducing the Global X NYSE® 100 ETF ( NYSX )—a modern tool designed to capture true innovation. Technology Is the Economy Despite a proliferation of new and innovative investment solutions, the means of gaining exposure to broad-based growth and technology has been remarkably static for almost 30 years. The net result is increasingly large positions in funds that track indexes or sub-indexes that we believe decreasingly capture the nature of innovation and growth across the economy. For many years, publicly traded technology companies were concentrated in particular exchanges, but today, development and deployment of new technology is a competitive imperative that touches just about every business. From financial technology firms that help companies reduce transaction costs to automated vehicles that help drive operational efficiency, the nature of technological leadership continues to evolve. Current investment trends highlight the prominence of technology utilization across the broader economy. Information Processing Equipment and Software now account for more than 1/3 of all Private Nonresidential Fixed Investments, up from just 20% in 2007. 1 Equipment and software producers are helping companies deploy new automation and digitalization technologies to stay on the leading edge of their respective industries. Technology leadership is not confined to a few companies or a single sector; it is one of the central organizing principles of the modern economy. Limitation of Traditional Technol...
Key PointsSoftware companies with deep data and customer relationships can thrive, while those whose products can be automated by AI face serious risk.
Key PointsSoftware companies with deep data and customer relationships can thrive, while those whose products can be automated by AI face serious risk.
Iran Conflict Drives Surge In China EV Demand A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post . Crude prices have surged past $100 a barrel amid fears of disruption to energ...
Iran Conflict Drives Surge In China EV Demand A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post . Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran’s power plants if shipping through the strait was not restored within 48 hours. Analysts say such risks could have a direct impact on consumer behavior. “The closure of the Strait of Hormuz could be a game-changer for EVs,” said David Brown of Wood Mackenzie. He noted that the recent “eye-watering” 50 per cent spike in oil prices would make electric vehicles more financially attractive. “In those countries with access to low-cost Chinese EVs, the competitive advantage over gasoline-engined cars will come even sooner.” HSBC economist Justin Feng echoed that view, arguing that prolonged volatility in fuel markets would reinforce EVs as a clear “cost-savings proposition,” particularly across Asia where price sensitivity is high. SCMP writes that the broader shift is already underway. The number of countries where EVs make up more than 10 per cent of car sales has risen dramatically in recent years, reaching 39 compared with just four in 2019. Adoption has been especially rapid in developing economies, in some cases outpacing wealthier nations. China stands to benefit significantly from this trend. Its automakers became the world’s largest sellers of vehicles in 2025, ending Japan’s long-held dominance. Companies such as BYD and Geely have also moved ahead of Japanese rivals including Nissan and Honda, while Chinese brands now make up a growing share of the global top 20 by sales. Exports have played a major role in that rise. China shipped 8...