Bloomberg Nachrichten

 

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks push toward fresh highs, Apple eyes more US chip production, and GameStop's eBay bid faces skepticism as Michael Burry exits. Plus, Duke Energy CFO Brian Savoy breaks down the company's earnings beat. And we're live from the Milken Conference in Beverly Hills with  Carlyle's John Redett, EQT's Per Franzen, JPMorgan's Anu Aiyengar talking AI, power demand, private equity and megadeals. (Source: Bloomberg)...

Meta Platforms Inc. is under investigation by Ireland's media watchdog over concerns it's preventing users from exercising their right to choose what shows up in their feed on Instagram and Facebook....

Iceye, the Finnish satellite startup tapping into increased defense spending in Europe, is in talks to raise €250 million ($293 million) in a round that may nearly double its previous valuation, according to people familiar with the matter....

Apple is exploring using Intel and Samsung to produce chips for devices in the US — as a backup to longtime partner TSMC. Peter Elstrom explains. (Source: Bloomberg)...

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., named Sprint veteran Michel Combes as its next chief executive officer, part of a management overhaul aimed at positioning the startup for growth....

Alphabet Inc.'s C$8.5 billion ($6.24 billion) bond deal is driving corporate and provincial spreads wider in Canada as investors' enthusiasm for the hyperscaler's debt tests the market's ability to absorb it....

Steven Mnuchin, founder of Liberty Strategic Capital and former US Treasury Secretary, says he supports the proposal released by the Securities and Exchange Commission that will allow US companies to choose to report earnings semiannually. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Mnuchin also comments on the economic impact of AI, the conflict in Iran, the federal budget deficit and Federal Reserve monetary policy. (Source: Bloomberg)...

PayPal Holdings Inc. plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal employed around 23,800 people at the end of the year, meaning a workforce reduction of that size could eliminate more than 4,500 jobs. It's part of the company's plan to realize at least $1.5 billion in savings over the next two to three years, according to a statement Tuesday.  Bloomberg's Diksha Gera joins Bloomberg Intelligence to discuss. (Source: Bloomberg)...

Crypto exchange Coinbase Global Inc. will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. Around 700 employees will be affected by the changes, with cuts expected to happen mostly in the second quarter, and the company expects to incur as much as $60 million in restructuring expenses. Bloomberg's Paul Gulbberg joins Bloomberg Intelligence to discuss. (Source: Bloomberg)...

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)...

The European Union wants the main parts of a US trade deal adopted by July, as it pushed Washington to respect previous commitments made under the pact....

The European Central Bank doesn't yet see enough impact on inflation from rising oil prices to prompt an increase in interest rates, outgoing Governing Council member Francois Villeroy de Galhau said....

Wynn Resorts Ltd. is considering postponing the expected opening date of its casino resort in the United Arab Emirates due to construction delays brought on by the US war with Iran, according to a person familiar with the company's plans....

The Trump administration is proposing rules to tighten security against rogue drone flights....

US companies could choose to report earnings semiannually instead of quarterly under a proposal released by the Securities and Exchange Commission, potentially reducing how much information publicly-traded firms must share with investors....

Michael Saylor's Bitcoin accumulation firm Strategy Inc. has survived yet another crypto market meltdown with some fresh financial engineering....

Blackstone Inc. and KKR & Co. are in talks with Alphabet Inc. to give the companies they own access to Google's artificial intelligence models, according to people familiar with the matter....

Frontier Group Holdings Inc. rose as much as 8% on Tuesday as the low-cost carrier touted better-than-expected sales and a drive to cash in on passenger demand following the demise of rival Spirit Aviation Holdings Inc....

BlackRock Chair and CEO Larry Fink suggests the demand for computing power is so large that a new asset class will spring up. He speaks at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

Emmanuel Macron will name one of his closest advisers to run the Bank of France, risking a backlash from lawmakers who have warned they will oppose the president placing allies in senior roles before he leaves power next year....