Friday, October 24, 2025

Tech

Fast-Money Quants Stumble as Momentum Bust Roils Strategies

Behind the scenes of placid Wall Street markets, drama is unfolding for some heavy-hitting professional investors.

Intel Earnings Signal Possible Comeback | Bloomberg Tech 10/24/2025

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s earnings, as the chipmaker returned to profitability and gave an upbeat revenue forecast. Plus, banks are...

$10,000 Card Shufflers Hit the Spotlight After NBA Poker Scandal

The rigged-poker-game indictment unveiled on Thursday reads like a Hollywood heist film, featuring NBA stars and famous Mafia crime families. It also involves the...

Nexperia’s Chinese Owner Warns of Fallout From Dutch Seizure

China’s Wingtech Technology Co. warned the Dutch government’s seizure of chipmaking unit Nexperia may hit its bottomline if it cannot take back control by...

Measles Outbreaks Across the US Spread As Vaccination Rates Fall

Measles outbreaks have spread across the US to reach 41 states. The largest ongoing cluster in Utah and Arizona has now grown into the...

Power Stocks Stumble as Investors See Cracks in AI-Fueled Rally

For most of the year, it looked like power demand from AI was insatiable, sending investors rushing into shares of the companies that generate...

Why Making ‘The Outer Worlds 2’ Took Twice as Long as the First Game

The well-received sequel will be out next week, six years after the original title

JPMorgan Hires BofA’s Kevin Brunner as Global Chair of M&A

JPMorgan Chase & Co. has hired veteran technology dealmaker Kevin Brunner from Bank of America Corp. as a global chair of investment banking and...

Canal+ Said to Explore Buying Out Comcast’s Stake in African Streaming Platform

Canal+ SA is studying the possibility of buying out the remaining stake in African streaming platform Showmax from Comcast Corp., people familiar with the...

Amazon’s AWS Shows Signs of Weakness as Competitors Charge Ahead

The company that basically invented the cloud business is widely perceived as trailing its rivals in artificial intelligence. 

VC Firms Lean on AI for More Than Just Returns

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kate Clark reports on...