logo
IBM, Zuckerberg's Meta AI team, McDonald's: Trending Tickers

IBM, Zuckerberg's Meta AI team, McDonald's: Trending Tickers

Yahooa day ago

IBM (IBM) announced that it's building a new quantum supercomputer. IBM's Quantum Starling is set to launch in 2029.
Meta (META) CEO Mark Zuckerberg is reportedly personally staffing a new artificial intelligence (AI) team at Meta, according to reports from Bloomberg.
Redburn Atlantic analysts cut down their McDonald's (MCD) price target to $260 from $319 and downgraded the stock to Sell from Buy.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US Energy Secretary Wright on Oil, Clean Energy
US Energy Secretary Wright on Oil, Clean Energy

Bloomberg

time14 minutes ago

  • Bloomberg

US Energy Secretary Wright on Oil, Clean Energy

US Energy Secretary Chris Wright discusses oil prices surging as reports suggest the United States potentially evacuating its embassy staff in Baghdad, and whether or not the global oil market should be concerned about a potentially disruptive event in the Middle East. He also talks about reports on domestic crude production possibly declining in 2026 and what that means for jobs, along with the impact of the Tax bill on clean energy. Chris Wright speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)

Bloomberg Businessweek Daily: Trump Touts China Deal
Bloomberg Businessweek Daily: Trump Touts China Deal

Bloomberg

time28 minutes ago

  • Bloomberg

Bloomberg Businessweek Daily: Trump Touts China Deal

Watch Bloomberg Businessweek Daily LIVE every day on YouTube: President Donald Trump said a trade framework with China has been completed, with Beijing supplying rare earths and magnets 'UP FRONT' and the US allowing Chinese students into its colleges and universities. The US and China will maintain tariffs at their current, lower levels following the two nations' agreement this week in London, Trump said Wednesday. That number is still higher than before the president took office. Trump said Chinese President Xi Jinping and he must still formally sign off on the agreement. 'OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME,' Trump posted on social media. 'WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT!' Yet after months of tense back-and-forth between Washington and Beijing, it remained unclear if the latest round of negotiations brought the two sides closer to an ultimate understanding on trade — or if it just amounted to more talk. 'Trump is mentioning the current tariff status, in a misleading way, to show he has the upper hand,' said Neo Wang, lead China macro analyst at Evercore ISI. Trump's comments prompted fresh questions about the terms of the pact US and Chinese negotiators reached Tuesday. Markets had a mixed reaction on Wednesday to comments from Trump and his team, with US equity indexes fluctuating throughout the day. Today's show features: Bloomberg Economic Chief Geoeconomics Analyst Jennifer Welch on progress in in US-China trade negotiations Alex Grassino, Global Chief Economist for Manulife Investment Management on investment options in the current economic environment Julia Coronado, Founder and President of MacroPolicy Perspectives on the US economic outlook, and expectations for US monetary policy Bloomberg Businessweek Editor Brad Stone on the LA riots and his feature story on the United States losing its moral authority across the globe

US to Pull Some Embassy Staff From Middle East as Tensions Rise
US to Pull Some Embassy Staff From Middle East as Tensions Rise

Yahoo

time30 minutes ago

  • Yahoo

US to Pull Some Embassy Staff From Middle East as Tensions Rise

(Bloomberg) -- The US ordered some staff to depart the embassy in Baghdad and allowed military service members' families to leave the Middle East, officials said, after Iran threatened to attack US bases if talks over its nuclear program fall through. Trump's Military Parade Has Washington Bracing for Tanks and Weaponry Shuttered NY College Has Alumni Fighting Over Its Future NYC Renters Brace for Price Hikes After Broker-Fee Ban NY Long Island Rail Service Resumes After Grand Central Fire NYC Mayoral Candidates All Agree on Building More Housing. But Where? The decision to reduce staffing in Iraq was 'based on our latest analysis,' according to the State Department. Defense Secretary Pete Hegseth authorized family members of US military stationed across the region to leave, according to a Pentagon statement. Neither statement cited a specific threat but the New York Post published an interview in which President Donald Trump said he's growing less confident about the prospects for negotiations to impose new limits on Iran's nuclear program. Iran, meanwhile, warned of retaliation against US military assets in the Middle East if the talks collapse and the Islamic Republic is attacked. 'I sincerely hope it won't come to that and that the talks reach a resolution,' Iran's Defense Minister Aziz Nasirzadeh said in televised remarks. 'But if they don't, and conflict is imposed on us, the other side will undoubtedly suffer greater losses. We will target all US bases in host countries without hesitation.' West Texas Intermediate futures surged as much as 5.2% after Reuters reported earlier that the US embassy is preparing for an ordered departure in response to heightened security risks in the region. Iraq is the second-largest OPEC producer. Earlier in the day, the UK Navy issued a rare warning to mariners that higher tensions in the Middle East could affect shipping, including through the Strait of Hormuz. Shipping has often been risky in the Middle East, but UKMTO, which acts as a liaison between the navy and commercial shipping, rarely puts out general warnings such as this one. 'UKMTO has been made aware of increased tensions within the region which could lead to an escalation of military activity having a direct impact on mariners,' the advisory said. 'Vessels are advised to transit the Arabian Gulf, Gulf of Oman and Straits of Hormuz with caution.' The Joint Maritime Information Center, an information sharing hub that comes under the Combined Maritime Forces, warned of heightened risks from the discord, including the possible use of missiles around chokepoints. Hormuz is the world's most important oil chokepoint and Iran has frequently threatened to close it during times of geopolitical strife. However, it has never done so. Earlier: Iran Seeks 'Framework' Deal in US Nuclear Talks, Official Says Hegseth's move applies to family of service members stationed across the US Central Command area of operation, which includes most of the region, according to the statement. 'Centcom is working in close coordination with our Department of State counterparts, as well as our Allies and partners in the region to maintain a constant state of readiness to support any number of missions around the world at any time,' the Pentagon said. Tehran says it is preparing a fresh proposal regarding its atomic activities before a sixth round in Muscat, the Omani capital, on Sunday. That 'can be used as a basis for work,' Deputy Foreign Minister Majid Takht-Ravanchi said on Tuesday, suggesting Iran is considering a temporary deal that acts as a framework while technical details — many of them highly complex — are worked on. Trump has consistently said he wants an agreement that curbs Iran's atomic activities and that the US could strike Iran if the talks break down. Israel — which believes a nuclear-armed Iran would pose an existential threat — says it could attack Tehran, with or without US help. Iran has long denied having plans to build a nuclear weapon. --With assistance from Courtney McBride and Alaric Nightingale. (Updates with Joint Maritime Information Center warning, starting in eighth paragraph.) New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software American Mid: Hampton Inn's Good-Enough Formula for World Domination The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store