Business

Trump’s Crypto Bonanza Is Biggest Clarity Act Hurdle

Bloomberg's Steven Dennis joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." President Trump’s $1.4 billion crypto windfall has become the biggest obstacle to passing his sweeping digital-asset legislation as Democrats demand tougher…

Veritas-Backed Software Firm Seeks $5.7 Billion Debt Refinancing

Gainwell Technologies LLC is in discussions with investors to replace almost $5.7 billion of leveraged loans, a deal that would be the biggest refinancing from the beleaguered US software industry this year.

Chip Selloff, SpaceX, and Apple's $5 Trillion Milestone | Bloomberg Tech 7/28/2026

Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China's chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX…

Whitney Warns of Economic Reckoning This Year, Sees Fed on Hold

Meredith Whitney, the former bank analyst who rose to fame for a 2007 report ahead of the global financial crisis, warned that a US “reckoning” is coming in the fourth quarter as one-time economic boosts from the World Cup and residual…

The Dow jumps as the AI trade wobbles. Plus, a portfolio name goes on the M&A hunt

The Dow jumps as the AI trade wobbles. Plus, a portfolio name goes on the M&A hunt

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Is the World Cup for sale? Here’s what Fifa’s plans mean and what happens next | Paul MacInnes

Is the World Cup for sale? Here’s what Fifa’s plans mean and what happens next | Paul MacInnes

Gianni Infantino is under fire from Uefa over plans to sell off commercial rights for the tournament but he says they are ‘about the democratisation of football worldwide’ A week after the World Cup finished, Fifa has yet to announce…

Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

It's been a rough month for Elon Musk, if there is such a thing for the world's richest man.

EBay and ex-executives to pay $55.7m to couple sent cockroaches in harassment campaign

EBay and ex-executives to pay $55.7m to couple sent cockroaches in harassment campaign

Bloggers David and Ina Steiner were stalked by eBay executives over their critical coverage of the company Ebay and three former top executives have agreed to pay $55.7m to resolve a lawsuit by a Massachusetts couple who fell victim ⁠to a…

2027: Diri can’t Save APC from Defeat in Bayelsa – PDP

Daily Trust

2027: Diri can’t Save APC from Defeat in Bayelsa – PDP

Leader of Peoples Democratic Party (PDP) in Bayelsa State, Great Joshua Maciver, has said Governor Douye Diri can not save the All Progressives Congress (APC) from defeat during the state and national assembly elections holding in January…

Daily Trust

Apple's Big Smart Home Push, With Siri AI Front and Center

Apple is preparing a new push into the smart home market with fresh devices and software, including a hub device built around the new Siri AI assistant, according to sources. Bloomberg's Dana Wollman joins Ed Ludlow on "Bloomberg Tech."…

Shopify CEO endorses idea to give more votes to wealthy Canadians

Shopify CEO endorses idea to give more votes to wealthy Canadians

The billionaire CEO of one of Canada's largest companies has come under fire for endorsing stripping voting rights from some and giving more votes to the ultra wealthy. Shopify CEO Tobi Lütke replied positively to a post on X suggesting a…

Shopify CEO appears to endorse giving more votes to wealthy Canadians

Shopify CEO appears to endorse giving more votes to wealthy Canadians

The billionaire CEO of one of Canada's largest companies has come under fire for seeming to endorse stripping voting rights from some and giving more votes to the ultra wealthy. Shopify CEO Tobi Lütke replied positively to a post on X…