Articles from www.bloomberg.com

Articles from www.bloomberg.com

Moody's May Upgrade Turkey If Market-Friendly Policies Continue (www.bloomberg.com)
2023-8-10 Turkey

Bankers Forced to Study Xi's Thoughts as Party Tightens Grip Bank of China executives and business heads must also study or write Xi thought papers, or read four books a month (www.bloomberg.com)
2023-8-10 China

Disney Raises Prices for Streaming Services by as Much as 27% (www.bloomberg.com)
2023-8-10

Ohio Just Showed the World How to Save Democracy (www.bloomberg.com)
2023-8-10

Apple Can Keep App Store Rules for Now as Top Court Spurns Epic (www.bloomberg.com)
2023-8-10 Apple

In its Q1 report, Sony, the world's largest camera sensor supplier, pushes back expectations for a smartphone market recovery to 2024 at the earliest (www.bloomberg.com)
2023-8-9 Sony Sensor

Take-Two reports Q1 net revenue up 17% YoY to $1.28B, net bookings up 20% YoY to $1.2B, and forecasts $8B in bookings for the next fiscal year, hinting at GTA 6 (www.bloomberg.com)
2023-8-9

Nikon reports Q1 revenue up 8.6% YoY to $1.1B, profit down 78% YoY to ~$23M, and shipping four lithography machines, compared to eight in 2022; NINOY drops 11% (www.bloomberg.com)
2023-8-9

India-based Credgenics, which provides an online service to help banks collect on debt, raised $50M led by Accel and Westbridge Capital at a $340M valuation (www.bloomberg.com)
2023-8-9 India

Sources: ex-FTX Digital Markets co-CEO Ryan Salame is in talks with prosecutors to plead guilty to criminal charges and may enter a plea as soon as September (www.bloomberg.com)
2023-8-9

US Set to Limit Ban on China Investment to Companies With 50% Revenue from Chips or AI (www.bloomberg.com)
2023-8-9 China AI Ban

Argentina's Next President Is on a Collision Course With Hyperinflation (www.bloomberg.com)
2023-8-9

July Was the Hottest Month on Record (www.bloomberg.com)
2023-8-9

Twilio reports Q2 revenue up 10% YoY to $1.04B vs. $986M est., active customer accounts up 11% YoY to 304K+, and raises FY 2023 profit outlook; TWLO jumps 9%+ (www.bloomberg.com)
2023-8-9

Fitch Downgrade May Fuel US Shutdown Risk (www.bloomberg.com)
2023-8-9

China Says Europe's Soaring Trade Deficit Is Its Own Fault (www.bloomberg.com)
2023-8-9 China Europe

US Bank Shares Drop as Moody's Cuts Ratings, Warns on Risks (www.bloomberg.com)
2023-8-9

Venezuela Opposition to Push Back Deadline for Bonds Until 2028 (www.bloomberg.com)
2023-8-9 Venezuela

Nvidia announces the Grace Hopper Superchip, a combination GPU and CPU relying on high-bandwidth memory 3, or HBM3e, expected to enter production in Q2 2024 (www.bloomberg.com)
2023-8-9 Nvidia

Wall Street to Pay Hundreds of Millions More in WhatsApp Cases (www.bloomberg.com)
2023-8-9 WhatsApp Wall Street

Disinflation Spreads Across Emerging Markets and Selloff Deepens (www.bloomberg.com)
2023-8-9

TSMC agrees to build a €10B plant in Germany's Dresden, owning 70% of the facility with Infineon, NXP, and Bosch each holding 10% stake, set to open in 2027 (www.bloomberg.com)
2023-8-8 Germany

The Philippines races to defend its share of the ~$300B global business process outsourcing market, battling deteriorating talent, rising competition, and AI (www.bloomberg.com)
2023-8-8 AI Philippines

SoftBank reports ~$426M profit for Vision Fund in Q1, up from a ~$16.4B loss in Q1 2022 and ~$30B in FY2022; Vision Fund invested $1.6B in Q1; Arm lost ~$66.4M (www.bloomberg.com)
2023-8-8

Sources including current and former Stability AI employees describe a chaotic company led by an inexperienced CEO often unable to deliver on his lofty promises (www.bloomberg.com)
2023-8-8 AI

Sources: some global investors including Warburg Pincus and GIC opt out of Ant Group's proposed share buyback after the company's valuation was slashed by 70%+ (www.bloomberg.com)
2023-8-8

Maybe he should not have attacked Washington then. Maybe it would have been economically better for our whole country if he had attacked Charelston W.Va instead where he wants to be tried. (www.bloomberg.com)
2023-8-8

Developer logs: Apple is testing an M3 Max chip with a 16-core CPU, a 40-core GPU, and 48GB of RAM, in a MacBook Pro that's expected to debut in 2024 (www.bloomberg.com)
2023-8-8 Apple MacBook

WHO issues global alert on a cold medicine made in India after a Bloomberg News test found it was tainted with toxic chemicals (www.bloomberg.com)
2023-8-8 India

Palantir reports Q2 revenue up 13% YoY to $533.3M, vs. $532.4M est., adjusted operating income of $135M, vs. $121.5M est., and authorizes a $1B share buyback (www.bloomberg.com)
2023-8-8

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