Whale Rock Capital Management founder and chief executive officer Alex Sacerdote said he expects Anthropic PBC to be headed towards half a billion users.
ITC CEO Says Data Centers Will Put 'Downward Pressure on Rates'
ITC Holding CEO Krista Tanner says that there is a misconception that data centers increase costs for consumers. Tanner spoke with Bloomberg's Tyler Kendall on the sidelines of the Edison Electric Institute 2026 Conference in Las Vegas. (Source: Bloomberg)
Kevin Gordon, head of macro research and strategy at the Schwab Center for Financial Research, explains how high-performing stocks aren't always the ones making headlines. He speaks at the Bloomberg Money subscriber-only event on June 2 in New York. (Source: Bloomberg)
Trafigura Pays Record Dividend as Profit Hits $4 Billion
Trafigura Group made a record payout to its top traders and executives as the commodity trading giant reaped profits of over $4 billion in the first half of its financial year.
Gold Advances as Traders Weigh Fragile Israel-Lebanon Truce
Gold advanced after Israel and Lebanon agreed to a conditional ceasefire, a possible step toward resolving the wider Middle East conflict that’s upended global energy markets and raised inflation risks.
Raw Sugar Falls for Third Straight Day, Surrenders Early Gains
Raw sugar futures gave up earlier gains in New York as the market struggled to snap a recent losing streak, with a drop in crude futures and expectations of a large Brazilian cane harvest continuing to weigh on the market.
The IMD has already stated that the 2026 southwest monsoon seasonal rainfall (June to September) across Karnataka is expected to be below normal in most parts of the State