Todd Sohn, ETF strategist at Strategas, joins Katie Greifeld and Eric Balchunas on “Bloomberg ETF IQ.” Nasdaq instituted a rule change that shortens the time for newly public companies to be added to its index, while S&P Dow Jones and FTSE Russell are considering similar changes. This comes ahead of expected mega IPOs from SpaceX, OpenAI and Anthropic. (Source: Bloomberg)
A $65 billion Series H funding round follows a sharp three-month revenue surge for the Claude creator, pushing Anthropic to a fresh $965 billion valuation.
That means millions more Americans may get access to Lilly’s new GLP-1 pill Foundayo or the GLP-1 injection Zepbound.
Commodity risk management tools help traders, investors, and business teams track price swings across raw material markets. With the right setup, they can reduce confusion and support smarter decisions.
Societe Generale SA Chief Executive Officer Slawomir Krupa, who’s been at the top for three years, vowed to keep restructuring the bank as it continues to lag in some areas.
Amy Gower, metals and mining commodities strategist at Morgan Stanley, discusses the impact of the Iran war on aluminum prices. Speaking on Bloomberg Television, she warns the market could “stay quite tight” for a long time. “Most of the smelters that are shut are damaged, and so they’re looking at sort of twelve-month restart timelines,” Gower explains. (Source: Bloomberg)
BioMar Group A/S rose in its first day of trading after Copenhagen’s largest initial public offering since Netcompany Group A/S listed in 2018.
Asia’s rich baby boomers are failing to discuss wealth transfer with family members or establish formal governance structures despite wanting to preserve fortunes across generations, according to a survey from a Geneva-based private bank.
KKR & Co. is opening an office in Milan, part of the firm’s plan to tap the growing wealth market and investment opportunities in Italy’s financial capital.
