Bloomberg

Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE:SHEL) and BP PLC (NYSE:BP), seeing it as a catalyst for a broader surge in deal-making activity. What Happened: On Wednesday, Cramer posted on X, forecasting an imminent wave of mergers and...

Meta Platforms Inc (NASDAQ:META) shares are trading higher Monday after the company announced that WhatsApp will show ads and offer paid subscriptions for the first time. What Happened: Meta is set to begin displaying ads inside of its cross-platform messaging application WhatsApp, opening the...

Apple Inc (NASDAQ:AAPL) shares are trading lower Wednesday. New reports indicate Chinese antitrust officials are preparing a potential probe into Apple’s policies and App Store fees. What To Know: The State Administration for Market Regulation is looking into Apple’s App Store policies...

Asset manager Vanguard on Monday announced that it was slashing the fees associated with investing in its funds, saving investors up to $350 million in 2025 alone. What To Know: Vanguard has lowered the expense ratio across 87 of its funds, bringing its average asset-weighted fee down to just 0.07...

Shares of Pharmacy-benefit managers (PBMs) including CVS Health Corp (NYSE:CVS), UnitedHealth Group Inc (NYSE:UNH) and Cigna Group (NYSE:CI) are moving lower Tuesday on continued downside pressure following aggressive commentary from President-elect Donald Trump ...

November's retail sales outpaced expectations, rising a 0.7% from October and outpacing market expectations of a 0.5% increase. Some experts are pointing out that inflation may be partially responsible for the increase in retail sales data.  Experts React: Retail sales grew by 3.8% year-over-year,...

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger announced his retirement on Monday. Reports indicate the Intel chief was forced out by Intel’s board, which had grown frustrated with Gelsinger’s turnaround progress. What Happened: According to a Bloomberg report citing people familiar with...

OpenAI is ramping up efforts to dethrone Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Search dominance. What To Know: OpenAI announced Thursday that its flagship product, ChatGPT, is now capable of crawling the web for up-to-date news, sports scores, stock quotes and more. “You can get...

Amplify ETFs announced the launch of the Amplify Bloomberg U.S. Treasury Target High Income ETF (BATS:TLTP) on Tuesday, aiming for an ambitious 12% annual income target through a covered call strategy on U.S. Treasury assets. This new ETF is built to appeal to income-hungry investors who want more...

Sunrun Inc (NASDAQ:RUN) shares are trading higher Monday following reports the company is in talks to supply solar power to data centers. What Happened: Sunrun is in discussions with data center companies to supply distributed solar generation for data facilities, according to Bloomberg. CEO Mary...

Altair Engineering Inc. (NASDAQ:ALTR) shares were up Wednesday following reports that Siemens AG is in discussions to acquire the company. The Details: Siemens, a German engineering firm, has reportedly consulted with advisers on a potential acquisition of Michigan-based Altair, according to...

ASML Holding NV (NASDAQ:ASML) CEO Christophe Fouquet anticipates growing pressure from the United States to tighten restrictions on semiconductor technology sales to China. Here’s what you need to know. The Details: Speaking at the Bloomberg Tech Summit in London on Tuesday, Fouquet stated...

Chinese stocks continue to enjoy a lift Thursday following a monetary stimulus announced earlier this week. What Happened: To meet China’s economic growth target of approximately 5% this year, leaders promised to deploy “necessary fiscal spending,” per Reuters. The 24-man...

Big Lots Inc (NYSE:BIG) shares are trading lower Thursday following reports the discount home goods retailer is exploring a potential bankruptcy filing. What Happened: According to a Bloomberg report citing people with knowledge of the plans, Big Lots is considering filing for bankruptcy following...

Mike Bloomberg just shook things up in a big way. The billionaire and ex-New York City mayor threw $10 million into the House Majority PAC, the main fund helping Democrats defend and flip seats in the House. This isn't pocket change. It's a serious boost for the Dems as they try to wrest control...