Selena Gomez becomes a billionaire and joins Taylor Swift
Selena Gomez has reached billionaire status. Instagram/@rarebeauty Check it out now! Selena Gomez is officially a billionaire: Bloomberg reported on Friday that the actress has a net worth of $1.3 billion. The outlet attributed the “major portion” of her money…
Intel is considering selling a partial stake in Mobileye
(Bloomberg) — Intel Corp. is considering options for its stake in struggling automated driving systems maker Mobileye Global Inc. as part of a broader strategy shift, people familiar with the matter said. Mobileye shares fell to a record low. Most…
Citadel Securities and Jane Street on track for record sales
(Bloomberg) — Citadel Securities and Jane Street Group LLC, two of the largest market-making firms in the U.S., are on track for record revenues as they move further into the trading territory of the big banks. Most read by Bloomberg…
Broadcom issues cautious forecast as sign of slower non-AI sales
(Bloomberg) — Broadcom Inc., a chip supplier to Apple Inc. and other big technology companies, gave a lackluster revenue forecast, a sign that weaker demand for non-AI products is slowing growth. Most read by Bloomberg Sales in the fourth fiscal…
S&P 500 falls as fears mount ahead of jobs crisis: Markets Wrap
(Bloomberg) — Stocks have given up earlier gains as Wall Street becomes nervous in the countdown to the highly anticipated U.S. jobs report. Most read by Bloomberg The S&P 500 fell for the third day in a row, despite a…
Nvidia Rout: Traders Eye $100 Stock Level Amid ‘Vacuum’
(Bloomberg) — The sharp sell-off that wiped a record $279 billion off Nvidia (NVDA) Corp.’s market value on Tuesday has traders scouring the charts for clues about where the slide might end. Most read by Bloomberg For Jay Woods, chief…
T. Rowe manager who predicted a yen shock sees another one coming
(Bloomberg) — Arif Husain says he sounded the alarm early on about rising interest rates in Japan last year, which he called the “San Andreas Fault of finance.” Most read by Bloomberg The head of fixed income at T. Rowe…
Boeing shares plunge as Wells Fargo changes rare bearish view
(Bloomberg) — Boeing Co. shares slumped Tuesday after Wells Fargo & Co. issued a rare bearish assessment of the stock, saying there was little upside potential for the stock. Most read by Bloomberg Shares fell as much as 8.3%, hitting…
Stock prices come under pressure while bonds rise – focus on economy: Markets Wrap
(Bloomberg) — Stock markets took a hit at the start of a historically difficult month for the market as traders braced for a deluge of data that could shed light on the health of the world’s largest economy. Most read…
Buffett sells BofA shares again and could soon trade in secret
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. (BRK-B) won’t have to disclose its rapid sales of Bank of America Corp. (BAC) shares for much longer, that is, if he continues to reduce investments. Most read by Bloomberg A new round…
