Nvidia can't wait for Trump as it bashes Biden's 'misguided' AI rules — and the stock falls
Nvidia (NVDA) on Monday quickly slammed newly released Biden administration rules to regulate chip sales to foreign countries.
MoonPay acquires Helio for $175M to expand crypto payments infrastructure
MoonPay's acquisition of Helio for $175 million could be among other strategic mergers in the digital asset space under the crypto-friendly Trump administration
Walmart is getting its first logo ‘refresh’ in 17 years—and its marketing chief explains why
The company hopes to make the Walmart spark as recognizable as Apple's logo and Starbucks' mermaid.
UK Markets Fall Again as Inflation Countdown Unsettles Traders
(Bloomberg) -- UK assets entered a second week of declines amid growing consternation about the government’s large fiscal deficit and key inflation data this week that may show price pressures remain elevated.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersSterling was the worst-performing Group-of-10 currency on Monday, dropp
Stocks Decline Pre-Bell as Investors Await Key Inflation Data, Big Bank Earnings; Asia, Europe Down
US benchmark equity indexes were tracking in the red before the opening bell Monday as traders await
Biogen’s ‘cold and calculated’ offer to buy Sage receives a mixed reaction on Wall Street
Analysts say the deal, which would give Biogen full control over the drug Zurzuvae, could be a smart financial move. Yet it's also unlikely to appease broader investor concerns.
Wamco Emerging-Market Debt Team Exits to Jackson Financial’s PPM
(Bloomberg) -- Four veteran Western Asset Management Co. emerging-market debt investors exited for Jackson Financial Inc.’s PPM America, as fallout continues for the bond giant after its star trader was charged with criminal fraud.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersTeam co-heads and portfolio managers Mark Hughes
Apple iPhone Sales Fall 5% in Q4 as Global Market Share Slips
Apple's global smartphone market share slipped one percentage point to 18% last year as fourth-quarter iPhone sales dropped 5%, according to Counterpoint Research.
Crypto Daybook Americas: Bitcoin Risks Losing Key Support Zone as Risk Assets Struggle
Your day-ahead look for Jan. 13, 2025