Alphabet Loses $692 Billion in Market Value as AI Questions Rise
(Bloomberg) — For much of the last year, Alphabet Inc. has been the Big Tech stock to beat…
Iran, Oman Agree to Share Strait of Hormuz Revenue, IRGC Says
(Bloomberg) — Iran said it reached a revenue-sharing agreement with Oman on the Strait of Hormuz, as the…
India AI Data Center Firm Orders 9,000 Nvidia Vera Rubin Systems
(Bloomberg) — AM Intelligence, an Indian AI infrastructure company, has ordered 9,000 Nvidia Corp. (NVDA) Vera Rubin systems,…
Goldman Says Slowing Inflation Is Best Path to Lower US Yields
(Bloomberg) — For all the US Treasury’s efforts to stem rising borrowing costs, cooling inflation remains the most…
US Housing Affordability Gauge Worsens for First Time Since 2023
(Bloomberg) — A key measure of US housing affordability worsened for the first time in almost three years,…
Colombia Declares Economic Emergency, Testing Fiscal Pledges
(Bloomberg) — Colombia declared a 30-day economic emergency to tackle the fallout from a devastating earthquake, adding new…
Iran Risks Losing Key Economic Lifeline With UAE Halting Trade
(Bloomberg) — The United Arab Emirates’ decision to cut economic ties with Iran is likely to impose more…
UAE Says Iran Fired Two Missiles at Country as War Drags On
(Bloomberg) — The United Arab Emirates said that two ballistic missiles were fired toward the country from Iran,…
BofA Sees Nvidia Trading at Up to 50% Discount on AI Risks
(Bloomberg) — Nvidia Corp. shares could be trading at a discount of as much as 50%, as investors…
Global Bond Rout Sends Long-Term Borrowing Costs to Highest in Decades
(Bloomberg) — Longer-maturity bonds are at the epicenter of investor angst about everything from inflation to the debt-laden…