by Bloomberg.com | Apr 24, 2024 | alerts, Markets/Economy
Hello, I’m Bruce Einhorn in Hong Kong and welcome to Bloomberg’s weekly newsletter about the new space economy. Small nations are making impassioned pitches to space ventures that they need more services to survive. But first … Three things you need to know...
by Bloomberg.com | Apr 23, 2024 | alerts, Markets/Economy
North American food and drinks units suffer decline in volume Quaker Oats sales plunge 24% after salmonella-scare recall PepsiCo Inc. posted stronger-than-expected sales growth thanks to robust demand in its international divisions, while volumes dropped in North...
by Bloomberg.com | Apr 20, 2024 | alerts, Markets/Economy
Big tech shares shed over $930 billion since Nasdaq 100 peak Hopes high for Nvidia results despite worst fall in four years Big Tech earnings arrive next week, right in time for investors looking for an artificial intelligence-powered rebound in the slumping S&P...
by Bloomberg.com | Apr 19, 2024 | alerts, Markets/Economy
Traders just pulled billions out of stocks and junk bonds Elevated market valuations are now stirring investor angst The great market rally of 2024 looks dangerously close to unraveling as Wall Street’s once-invincible bull brigade begins to withdraw its winnings....
by Bloomberg.com | Apr 19, 2024 | alerts, Markets/Economy
US equities sold off sharply on Friday, sending tech stocks to the biggest weekly loss in 17 months, due to tensions in the Middle East and worries over the outlook for interest rates. The S&P 500 index closed down 0.9%, dropping for the sixth straight session and...