Hot-Money Retail Traders Turn Momentum Chasers Into Bagholders
Bloomberg (Bloomberg) — A four-day rally that sent shares of the unprofitable vegetarian foodmaker Beyond Meat Inc. up…
Roaring AI-Linked Debuts Drive Demand for Pre-IPO Shares
Photographer: Michael Nagle/Bloomberg (Bloomberg) — A wave of successful initial public offerings is driving a surge of interest…
Anthropic, Google in talks on multibillion-dollar cloud deal
By Rachel Metz, Ed Ludlow and Davey Alba (Bloomberg) — Anthropic PBC is in discussions with Alphabet Inc’s…
Swiss Watch Exports Slump in September on US Tariffs
Rolex GMT-Master II watches watches in the window of a store in New York. (Bloomberg) — Swiss watch…
China Rare-Earth Product Exports Shrink as US Frictions Flare
(Bloomberg) — China’s exports of rare earth products fell in September from a month earlier, as Beijing’s tighter…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…
China’s Scrambled Weather and Safety Scrutiny Tilt Coal Higher
(Bloomberg) — Chinese coal prices are creeping higher as the weather becomes more unpredictable and the government expands…
AMD Says Oracle Is Pledging Widespread Use of New AI Chips
AMD branding (Bloomberg) — Advanced Micro Devices Inc., Nvidia Corp.’s nearest rival in AI processors, said Oracle Corp.…
The Great Debasement Debate Is Rippling Across Global Markets
(Bloomberg) — Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of…
US Trade Talks May Be Cracking India’s Opposition to GM Crops
A scientist working in a plot of genetically modified mustard plant in India in 2023. (Bloomberg) — In…
Apple working on H3 Chip for next AirPods Pro; AirPods 5 also in development
Just weeks after releasing the AirPods Pro 3, Apple has shifted focus to developing an even newer version…
China Markets Under Threat From Risk of Renewed US Trade War
(Bloomberg) — The prospect of a revived trade war between Beijing and Washington threatens to undermine this year’s…