Apple to Release MacBook Neo, Its First Budget Option
Apple unveiled the MacBook Neo, a $599 budget laptop that undercuts the $1,099 MacBook Air by $400. The 13‑inch device runs on an iPhone‑class A18 Pro chip, marking the first time a smartphone processor powers a Mac. Available in citrus, silver, indigo and blush, the Neo targets students and cost‑conscious consumers while promising video‑editing capability. Apple’s hardware chief John Ternus said the Neo is built from the ground up to be more affordable for more people.
Stocks Whipsawed by Oil Volatility as War Drags On | Closing Bell
U.S. equities were jolted by sharp oil volatility as the ongoing conflict in Iran rattled energy markets. The S&P 500 erased its earlier gains, slipping 0.2% while West Texas Intermediate crude plunged 12% to around $83, the steepest drop since...
Global Economy Faces Strain as Iran War Intensifies
The Iran war has driven Brent crude to nearly $120 a barrel, briefly retreating below $100 after President Trump signaled a swift resolution. The conflict has effectively shut the Strait of Hormuz, spiking prices for LNG, fertilizer, jet fuel and...
Single Best Idea with Tom Keene: Leslie Palti-Guzman & Golnar Motevalli | Bloomberg Surveillance
Bloomberg Surveillance’s "Single Best Idea" episode zeroed in on the geopolitical shockwaves of the current war and their ripple effects across global energy markets. Host Tom Keene brought in LNG authority Leslie Palti‑Guzman of Energy Vista and Iran specialist Golnar...
Former Goldman Sachs CEO Lloyd Blankfein Says the Market Is Due For a Reckoning | Big Take
Former Goldman Sachs chief Lloyd Blankfein, now retired, sat down with Bloomberg’s David Gura to flag what he sees as a looming market correction. He argues that after years of buoyant equity and credit markets, the system is entering...
Nvidia Drops on Investor Sentiment; Papa John's Down on Sales Miss | Stock Movers
The video spotlights three headline movers – Nvidia, GoodRx and Papa John’s – and their outsized impact on today’s market narrative. Nvidia’s shares fell more than 4%, briefly hitting a 5.6% plunge, marking its worst session since November after an...
Dismal Diageo, Santander's Vow, Trainline's Exit | Stock Movers
Diageo cut its fiscal‑year guidance for the second time this year as demand stalls in the United States and China, putting new chief executive Dave Lewis under immediate pressure. Santander announced a pledge to lift net income above €20 billion by...
Job Seekers Not Leaning Into AI Will Stay on Shelf Longer, Says ECRI's Lakshman Achuthan
ECRI co-founder Lakshman Achuthan says the U.S. labor market is moving from a muted, "low hire, low fire" state into a firmer cyclical upturn: employers are hiring, short-term unemployment is low, but long-term unemployment is rising. ECRI attributes the longer-term...