Bank Earnings Signal Cautious Optimism

16-04-2025

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests; Rock Creek Group CEO and Founder Afsaneh Beschloss, Morgan Stanley Global Head: Banks and Diversified Finance Research, Betsy Graseck, Jefferies US Equity Research Analyst Sheila Kahyaoglu, and Bloomberg's Erik Hertzberg and Anna Wong. (Source: Bloomberg)

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OpenAI Staffers to Sell $6 Billion Worth of Shares

Bloomberg

16 minutes ago

Bloomberg

OpenAI Staffers to Sell $6 Billion Worth of Shares

Bloomberg's Matt Miller discusses plans by current and former OpenAI employees to sell $6 billion worth of shares to an investor group that includes SoftBank. Plus, investors react to US government plans to take a stake in Intel. And global competition in the electric vehicle space picks up. (Source: Bloomberg)

Yahoo

24 minutes ago

Yahoo

Apple's Vision Pro Has Little to Watch

Apple has slow-walked the release of immersive video for its Vision Pro headset. Bloomberg's Consumer Tech Editor Mark Gurman says this is unlikely to change before the release of Apple's next version of the headset. He joins "Bloomberg Tech" to talk about why sales of headsets are down and what the company is planning next. 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

Intel Falls on Report of Possible U.S. Government Stake

Yahoo

25 minutes ago

Yahoo

Intel Falls on Report of Possible U.S. Government Stake

Intel (INTC, Financials) shares dropped 5% Monday after Bloomberg reported the Trump administration is considering taking about a 10% stake in the chipmaker. Warning! GuruFocus has detected 10 Warning Signs with INTC. According to the report, officials may convert some or all of Intel's $10.9 billion in Chips and Science Act grants into equity. At current valuations, a 10% stake would equal roughly $10.5 billion. People familiar with the talks said no final decision has been made, and the White House has not confirmed details. The administration is also weighing whether to apply a similar approach to other Chips Act recipients, though discussions remain preliminary. Intel stock initially rallied last week on speculation of a government investment, gaining 23% for its best weekly performance since February. Investors reassessed the implications Monday, sending the shares lower. This article first appeared on GuruFocus.