SPACs Are Booming Again. Here’s How They Work.
SPACs, the speculative investment vehicles that surged in popularity five years ago, are having a revival. SPACs, or special purpose…
Meta Jumbo Bond Sale Seeks to Raise at Least $25 Billion
Meta Platforms Inc. aims to raise at least $25 billion from a bond sale as the firm has begun marketing…
BTC Tests $110K as Traders ‘Sell the News’ on Fed Cut, U.S.-China Deal
The crypto market experienced a “sell the news” reaction to the Federal Reserve’s interest-rate cut and a U.S. trade deal…
Saudi Arabia to Update Foreign Stock Ownership Limits Next Year
Saudi Arabia will decide on relaxing foreign-investment limits in the country’s stocks by next year, the market regulator said. Source…
Roblox Bookings and Users Top Estimates Thanks to Three Hit Games
Roblox Corp. reported its best quarter ever with daily active users beating analysts’ expectations on the heels of three hit…
ITC Q2 Results: Net profit rises 3% YoY to Rs 5,126 crore, revenue declines 1%
Diversified conglomerate ITC Ltd reported 3% year-on-year (YoY) growth in its consolidated net profit at Rs 5,126 crore in the…
Polymarket Traders’ Biases Can Lead to Irrational Results
Until the final hours of the Netherlands’ Oct. 29 election, Polymarket traders were convinced Geert Wilders’ nationalist Partij voor de…
India rupee falls to fortnightly low on Fed’s hawkish jolt, outflows
The Indian rupee slid to its lowest in two weeks on Thursday as outflows worsened the hit from a hawkish…
Monzo Boss TS Anil Steps Down to Make Way for Google Executive
Monzo Bank Holding Group Ltd. Chief Executive Officer TS Anil will step down after almost six years in charge of…
Trump-Xi: US President Hails "Amazing" Meeting Lowering Trade Tariffs | Daybreak Europe 10/29/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…