NYSE:DB - New York Stock Exchange, Inc. - DE0005140008 - Common Stock - Currency: USD
DAX Index has staged a strong comeback in the past few weeks and is closing in on its all-time high as European stocks became a safer haven
Mentions: SAP
DWS Group Chief Executive Officer Stefan Hoops said the time has come for the firm to buy a competitor, potentially adding Germany’s largest asset manager to the consolidation wave sweeping the industry.
Deutsche Bank Americas CEO Stefan Simon speaks to Bloomberg's Scarlet Fu on European competitiveness, the increasing demand from US buy-side firms for European banking relationships and Deutsche bank growth priorities in the US. Simon speaks at the Bloomberg Sell Side Leaders Forum on April 22, 2025 in New York. (Source: Bloomberg)
Adding a one-time high beta internet stock to a list of defensive companies would have been unheard of a few years ago, but here we are.
"Deliveries and sentiment could potentially be bottoming together," analyst Edison Yu wrote in a note to clients.
Mentions: TSLA
Here are Wednesday's biggest calls on Wall Street.
Stocks rise as President Donald Trump denied he would fire Federal Reserve Chair Jerome Powell. Telsa shares soar after investors' anxiety was eased by remarks from CEO Elon Musk who said he would back off from his governmental role soon. Henry Allen of Deutsche Bank says that hard data is likely to turn down in the coming months amid trade uncertainty, but that the market isn't pricing in a recession yet. Theirry Wizman of Macquire sees stocks and the dollar rallying if tariffs were to be walked back. Stephanie Brinley of S&P Global says first quarter results show that the Cybertruck wasn't the hit Tesla had hoped for. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Morgan Stanley analyst said CoreWeave’s strong domain expertise in building and operating GPU clusters has helped it build more than $25 billion book of business in less than five years.
Executives of Mexican lender Banorte said on Tuesday it would either sell or fuse year-old fintech Bineo, part of a larger overhaul of the bank's digital strategy to cut costs and simplify operations. CEO Marcos Ramirez told journalists that Bineo, which lost 289 million pesos ($14.12 million) in the first quarter, could be brought under the Banorte umbrella or sold. If Bineo were fused into Banorte, it would bring its clients and technology with it, Ramirez said, and could face a name change.
Robert Kiyosaki calls silver the best deal in today's market—even though he owns gold and Bitcoin.
Deutsche Bank analysts highlighted a handful of telecom, media, and cable companies it sees as well-positioned to weather shifts in trade policy.
CoreWeave shares surged Tuesday as several analysts launched coverage of the artificial intelligence play with price targets suggesting they see gains for the stock.
Changing out the Federal Reserve chair doesn't guarantee rate cuts for President Donald Trump, according to Wall Street economists.
Mentions: JPM
Arthur Hayes warns rising yields and a stronger yen could trigger Fed money printing—Bitcoin may benefit as it breaks away from traditional markets.
Here are Tuesday's biggest calls on Wall Street.
The network will leverage stablecoins such as USDC and EURC, allowing it to integrate with domestic real-time payment systems.
Mentions: SAN
According to the Wall Street Journal, the deal is reportedly valued at $7bn.
Rolling coverage of the latest economic and financial news
The company is widely expected to report adjusted earnings per share (EPS) of $1.15 for the first quarter of the fiscal year 2025 and revenue of $33.30 billion.
(Reuters) -Baker Tilly said on Monday that it will merge with Seattle's Moss Adams in a $7 billion deal that will create the sixth-largest advisory CPA firm in the United States. The merger is expected to be finalized in early June, marking a significant advancement in the middle market for both firms, which offer a range of accounting, tax, and consulting services. The deal comes at a challenging time for mergers and acquisitions in the U.S., with dealmakers adopting a "wait-and-see" approach amid uncertainty surrounding President Donald Trump's tariff policies.
(Bloomberg) -- Heavy selling lashed Wall Street anew Monday, with longer-dated Treasuries joining stocks and the dollar in a deepening slump, after President Donald Trump’s censure of Jerome Powell’s interest-rate policy sowed angst among investors already coping with a global trade war.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station Revamp
The economist expects the odds of an economic downturn are 90% and says GDP will fall 4 percentage points if current tariffs remain in effect.
Genius Sports (GENI) offers limited downside risks in a potential economic downturn, making it an at
Here are the biggest calls on Wall Street on Monday.
Netflix shares rose in premarket trading Monday after several analysts raised their price targets for the streaming giant's stock.
A growing number of cryptocurrency companies are preparing to enter the U.S. banking system, propelled by a policy shift under President Donald Trump aimed at integrating digital assets into mainstream finance.
Chinese clients have reduced some of their Treasuries holdings in favor of European debt as President Donald Trump’s tariff deluge fuels an exodus from US assets, according to Deutsche Bank AG.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Binky Chadha, Deutsche Bank, Cameron Bready, Global Payments & Stephanie Ferris, FIS, Jay McCanless, Wedbush Securities, Nathan Sheets, Global Chief Economist, Bailey Lipschultz, Bloomberg News, Andrew Slimmon, Morgan Stanley, Peter Supino, Wolfe Research, Ross Benes, Emarketer, Dave Lee, Bloomberg Opinion, Geetha Ranganathan, Bloomberg Intelligence, Mark Douglas, MNTN, President Donald Trump. (Source: Bloomberg)
For the second time in as many days, ServiceNow (NYSE: NOW) was hit with an analyst price target cut on Thursday. The Thursday cut was delivered by Deutsche Bank's Brad Zelnick. Uncomfortably, news of this came less than 24 hours after Zelnick's peer Derrick Wood of TD Cowen made a nearly identical move.
UnitedHealth Group stock had one of its worst days ever on Thursday after the healthcare giant unexpectedly cut its profit forecast for the year.
Ange Postecoglou’s tenure at Tottenham Hotspur may hinge on the second leg of their Europa League quarter-final against Eintracht Frankfurt following last week’s 1-1 draw in London. Follow the action from 5am AEST.
Citi Research raised its gold price target for the next three months to $3,500 per ounce from $3,200.
The deposit rate was decreased by a quarter-point to 2.25 per cent.