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Bloomberg
32 minutes ago
- Bloomberg
Corporate America Has a Low Bar to Beat on Earnings
In just three months, US stocks have swung from a dramatic April selloff to new heights. Now, traders are about to see if Corporate America's report cards justify the optimism priced into equity markets. Expectations aren't high: Wall Street is bracing for the weakest earnings season since mid-2023. Analysts see second-quarter profit growth of 2.5% for companies in the S&P 500, Bloomberg Intelligence data show. The full-year growth forecast for the index has dropped to 7.1% from 9.4% in early April.
Yahoo
38 minutes ago
- Yahoo
Deep Isolation CEO to Appear Live on Bloomberg's Open Interest July 14 at 10:15 a.m. ET
BERKELEY, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Deep Isolation, a leading innovator in nuclear waste disposal technology, today announced that CEO Rod Baltzer will appear live on Bloomberg's Open Interest on Monday, July 14, at 10:15 a.m. ET. The program will air on Bloomberg Television and will stream online at Open Interest is Bloomberg's flagship morning show offering market analysis and strategic insights to financial leaders and investors, with a focus on emerging technologies, energy markets, and sustainability. Baltzer's appearance highlights the growing importance of nuclear waste solutions in discussions about clean energy infrastructure and market sustainability. During the interview, Baltzer will discuss Deep Isolation's patented deep borehole disposal technology, which offers a safe, cost-effective and scalable solution for the permanent disposal of high-level radioactive waste. As nuclear energy gains momentum in the global transition to clean power, solving the back end of the fuel cycle has become more urgent than ever. 'With global investment increasingly directed toward advanced nuclear power, effectively managing nuclear waste is more essential than ever,' said Baltzer. 'I'm looking forward to speaking with Bloomberg about how Deep Isolation's innovative solutions are meeting this challenge head-on, providing clarity and confidence for investors, policymakers, and the public alike.' Deep Isolation's appearance on Bloomberg underscores the company's role as a market leader, uniquely positioned to address investor concerns in nuclear sustainability and waste management. Its approach, which utilizes proven directional drilling methods, delivers cost savings of up to 70% compared to traditional disposal methods, while significantly reducing environmental impact and enhancing safety. Deep Isolation's participation in international initiatives, such as the WISARD project led by the Nuclear Energy Agency, highlights its commitment to developing integrated approaches to radioactive waste management for the next generation of nuclear power systems. About Deep Isolation Deep Isolation is the first company to commercialize nuclear waste disposal in deep boreholes, offering a uniquely tailored solution to help countries complete the necessary steps to dispose of their waste inventories. With 109 patents granted to date, Deep Isolation's technology leverages proven drilling practices to safely isolate waste deep underground in horizontal, vertical, or slanted borehole repositories. Deep Isolation's Universal Canister System (UCS) was developed through a three-year project funded by the U.S. Department of Energy's Advanced Research Projects Agency -Energy (ARPA-E), and is engineered to support integrated management of spent fuel and high-level waste from advanced nuclear reactors across the phases of storage, transportation and eventual disposal. For more information, visit For media inquiries, please contact: media@ For investors, please contact: InvestorRelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
40 minutes ago
- Yahoo
Silver Extends Surge as Strong Demand Triggers Market Tightness
(Bloomberg) -- Silver rose to the highest in almost 14 years thanks to investors seeking alternatives to a near-record gold price, with increased demand leading to tighter physical supply. Why Did Cars Get So Hard to See Out Of? How German Cities Are Rethinking Women's Safety — With Taxis Philadelphia Reaches Pact With Workers to End Garbage Strike Spot silver rose as much as 1.8%, following last week's 4% increase. The implied cost of borrowing the precious metal for one month spiked to above 6%, compared with its typical rate of nearly zero. The rise in appetite for the metal has left the physical market under strain in London, where most silver is held by exchange-traded funds — meaning it is not available to lend or buy. Since February, the volume of silver-backed ETFs has expanded by about 2,550 tons, according to Bloomberg calculations. The ratio between silver and gold has dropped in recent months, meaning prices are edging closer, but silver remains relatively cheap when compared with historical levels. It currently takes about 86 ounces of silver to buy 1 ounce of gold, compared with the 10-year average of 80. 'Silver demand is currently benefiting from the threat of trade wars and bullion being way out of reach for many,' said Priyanka Sachdeva, an analyst at Phillip Nova Pte Ltd. 'Gold has already seen a tremendous upswing, and it's currently expensive,' leaving investors more inclined to consider a cheaper alternative, she added. Concerns over US trade policy have also helped to push the metal higher. Mexico, the single-largest producer of silver and a key supplier to the American market, has been hit with a 30% tariff threat. The terms of the US-Mexico-Canada Agreement exclude silver from the latest levies, but some traders expressed concerns that exemptions could yet be threatened. Meanwhile, the spread between London spot and September futures contracts in New York remains unusually wide, similar to the start of the year when worries about President Donald Trump's aggressive trade policies triggered a surge of gold and silver shipments from London to the US, driving prices higher. The metal is up 35% this year, surpassing gold's 28% gain. As well as being a haven asset, silver also has industrial uses, most notably in solar panels. The market is headed for a fifth year in deficit, according to industry group The Silver Institute. Meanwhile, gold traded near $3,370 an ounce, following a 0.6% increase last week. It's been supported this year by haven buying due to increased geopolitical conflicts and trade tensions, along with central-bank purchases. Spot gold was trading 0.5% higher at $3,371.10 an ounce as of 8:57 a.m. in London. The Bloomberg Dollar Spot Index was little changed. Silver climbed 1.5% to $38.991 an ounce. Platinum and palladium rose. 'Our Goal Is to Get Their Money': Inside a Firm Charged With Scamming Writers for Millions Trump's Cuts Are Making Federal Data Disappear Trade War? No Problem—If You Run a Trade School Will Trade War Make South India the Next Manufacturing Hub? Soccer Players Are Being Seriously Overworked ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
