2025
Mark Zuckerberg’s Meta Platforms Inc. is set to seal an almost $30 billion financing package for its data center site in rural Louisiana, marking the final step for the largest private capital deal on record.
2025
CME Group Inc. is planning to debut financial contracts tied to both sports games and economic indicators by the end of the year, according to people familiar with the matter.
2025
Oracle Corp. gave its expectations for gross margins for large AI infrastructure projects, easing some of Wall Street’s concerns about the profitability of a crucial new business unit.
2025
OpenAI’s latest multibillion-dollar chips deal marks a new direction for the company. But first…
2025
Bloomberg’s Caroline Hyde and Ed Ludlow discuss TSMC's third-quarter results, which beat expectations and provided a positive outlook buoyed by strong AI demand. Plus, China unveils export controls on its rare-earth supply chain, sparking a global pushback. And the head of Apple’s ChatGPT-like search effort leaves in another blow to the company’s AI ambitions. (Source: Bloomberg)
2025
Asian stocks were set to open lower Friday after risk sentiment dimmed on Wall Street as bad loans at two US banks heightened concerns about the credit market. US stock futures indicated further weakness.
2025
Even as talk of a new coalition bolsters Sanae Takaichi’s bid to become Japan’s prime minister, investors want to see specifics on policy before they pile further into bets that she will keep advocating for monetary and fiscal stimulus.
2025
More than 200 firms are lining up to go public in Hong Kong, adding to a strong year for stock sales in the Asian hub, the city’s top finance official said.
2025
Lew Frankfort, former Coach CEO, says the brand is in a “sweet spot.” He tells Katie Greifeld and Romaine Bostick on “The Close” he’s thrilled to see the company going through its fifth renaissance, adding that innovation, curiosity and humility are key and that leaders should “always run scared, no matter how well you’re doing.” (Source: Bloomberg)
2025
Austria’s Vienna Insurance Group AG agreed to buy German rival Nuernberger Beteiligungs AG in a deal valued at about €1.4 billion ($1.6 billion).