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(Bloomberg) -- The growing momentum behind portfolio trading is stirring hopes among quantitative investors it will help them finally conquer an asset class that has resisted their methods for years: corporate bonds.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers

(Bloomberg) -- BlackRock Inc. named Michel Aubenas as head of emerging markets fixed income, replacing Amer Bisat, who’s leaving the world’s largest asset manager to become Lebanon’s economy minister. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the C

Fox Corp said on Monday it has purchased Red Seat Ventures, the digital media company whose clients include former Fox News stars Megyn Kelly and Tucker Carlson, in a bid to tap younger audiences and the growing podcast market. Financial details of the deal were not disclosed. The deal represents an investment in a new area of media, the so-called creator economy, in which individual personalities such as Carlson, Kelly, Shawn Ryan and Candace Owens reach millions of subscribers via podcasts and streaming shows.

(Bloomberg) -- Hedge funds emerged as big buyers of US stocks last week, shifting away from a previously bearish stance in the wake of stronger-than-expected earnings reports.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSAfter five

(Bloomberg) -- South Africa’s benchmark stock index headed for a record as investors overlooked a US aid freeze amid a rise in gold prices stoked by President Donald Trump’s latest tariff pledge.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Wi

Biopharmaceutical company Incyte Corporation (NASDAQ:INCY) announced better-than-expected revenue in Q4 CY2024, with sales up 16.3% year on year to $1.18 billion. Its non-GAAP profit of $1.43 per share was 8% below analysts’ consensus estimates.

Nvidia has had a rough month.