Welcome to Social Buzz, a daily column looking at what’s trending on social media platforms. I’m Aysha Diallo, an Editor on Bloomberg’s Breaking News team which monitors everything from company statements to tweets from some of the most prominent people in the financial world. Here’s your daily look at what the internet is talking about.
Procter & Gamble Co. and its peers have vowed to recapture profit margins that slipped during the pandemic. Now, investors are getting a chance to gauge their progress.
US advisory firm Guggenheim Securities is hiring several top digital infrastructure dealmakers from Greenhill & Co. to beef up its European presence amid a surge in deal activity in the sector.
AT&T Inc. missed analysts’ estimates for free cash flow in the first quarter and added fewer subscribers than a year earlier, signaling tight competition among rivals and sending shares lower across the sector.
European lawmakers on Thursday gave their final blessing to an ambitious law that will give the European Union its first rules to govern the crypto industry.
The buzz around artificial intelligence that’s helped juice gains for Microsoft Corp. and Amazon.com Inc. this year may also be masking struggles in a business far more critical to the pair’s bottom lines.
Elon Musk indicated Tesla Inc. will keep cutting prices to stoke demand even after markdowns early this year took a significant toll on profitability.
NATO Secretary General Jens Stoltenberg made a surprise visit to Kyiv on Thursday, his first since the start of Russia’s invasion in February 2022. Ukraine’s “rightful place” is in NATO, he told reporters, adding that “over time, our support will help to make this possible.”
Some of Ukraine’s key allies including the US are considering moving closer to an outright ban on most exports to Russia, a potentially significant tightening of economic pressure on President Vladimir Putin over his war.
AT&T Inc. missed analysts’ estimates for free cash flow in the first quarter but said it’s still on track to meet the full-year forecast. The shares slid in early trading.
