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Asia Stocks Rally Hard as AI Boom Outpaces War Risks | Insight with Haslinda Amin 05/07/2026
Bloomberg Television· 2026-05-07 07:49
And now we're doing well. Now we have to get what we have to get. If we don't do that, we'll have to go a big step further.But with that being said, they want to make a deal. We've had very good talks over the last 24 hours that it's very possible that we'll make a deal. A new proposal from Washington could reopen the Strait of Hormuz, ease pressure on oil, and offer President Trump a way out of his war with Iran.But the details are thin and the risks are familiar. Live from Singapore, this is inside with H ...
PayPal Plans to Cut 20% of Workforce as CEO Seeks to Revamp
Bloomberg Television· 2026-05-05 16:51
Revenue was up about 7%. It was a decent beat, about 6%. EPS beat adjusted EPS was ahead of consensus.Volume was up 11%. Venmo volume accelerated to 14th. Operationally, it wasn't really a bad quarter, but the stocks are still down.So how I'd frame it is that this is a decent chemi result. But the bigger issue here is around credibility. And I think the market basically wants to see can new leadership really demonstrate some stabilization and execution.So not a blowout quarter, especially given the tough en ...