AI Bias Analysis
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PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.
Source
CNBC
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Bank of New York Mellon Corp. posted profit that beat analyst estimates as client activity fueled revenue gains during a busy quarter.
Oil contracts remain about a third higher than before the war with Iran but are well below peaks seen in the opening weeks of the conflict. Will Kennedy examines the oil futures curve and physical pricing of barrels on Bloomberg Television. (Source: Bloomberg)
Fundstrat found that while retail investors sold aggressively as the market bottomed at the end of March, hedge funds were buying the dip
Private capital heavyweights including Apollo Global Management, Ares Management Corp. and Sixth Street Partners are in early discussions to help fund the National Basketball Association’s expansion into Europe, people with knowledge of the matter said.
