#newyorkstockexchange

Sweden Herald - Latest Sweden News | Amazon is doing better than expected after beating quarterly earnings and revenue expectations by Sweden Herald AI generated summary, Read the full article for complete information. Amazon posted a stronger‑than‑expected quarterly performance, reporting earnings per share of $2.78 versus the $1.64 analysts had forecast and revenue of $181.52 billion, outpacing the $177.3 billion consensus. Cloud services generated $37.59 billion—above the $36.64 billion estimate—and grew 28 % year‑over‑year. For the upcoming quarter, Amazon projects sales of $194‑199 billion, beating the $188.9 billion analysts anticipated, yet its shares slipped 1.5 % in after‑hours trading on the NYSE. Read more: https://swedenherald.com/article/amazon-is-doing-better-than-expected-after-beating-quarterly-earnings-and-revenue-expectations #Amazon #AmazonWebServices #LSEG #NewYorkStockExchange

Bloomberg Technology | Ackman’s Pershing Square Offers to Buy Universal Music Group by Charlotte Hughes-Morgan Pershing Square Capital Management has offered to buy Universal Music Group for €9.4 billion ($10.8 billion) in cash plus shares, according to a Bloomberg Terminal statement on Tuesday. The proposal involves a merger with Pershing Square SPARC Holdings, Ltd., an SEC-registered acquisition company, which would result in the newly combined entity becoming a Nevada corporation. The merged company would shift its primary stock listing from Amsterdam to the New York Stock Exchange, marking a significant change in Universal Music Group’s corporate structure and market presence. This move reflects Pershing Square’s strategy to consolidate and reposition high-value assets within a U.S.-listed framework. The offer underscores growing interest in major music rights holders as streaming continues to drive revenue growth in the industry. Universal Music Group, home to artists across genres and generations, represents one of the most valuable portfolios in global entertainment, making it a prime target for strategic investment. Pershing Square’s move signals confidence in the long-term value of music intellectual property in the digital era. Read more: https://www.bloomberg.com/news/articles/2026-04-07/ackman-s-pershing-square-offers-to-buy-universal-music-group #ackman #pershingsquarecapitalmanagement #universalmusicgroup #sparcholdings #newyorkstockexchange

Bloomberg Technology | We Have Matured Our Compliance: OKX's Rafique Haider Rafique, global managing partner of the OKX, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Intercontinental Exchange acquired a stake in OKX in a deal that values the cryptocurrency exchange operator at $25 billion. ICE, which owns the New York Stock Exchange, invested roughly $200 million in OKX, according to people familiar with the matter who asked not to be identified citing private details. ICE will get a seat on OKX’s board, the companies said Thursday in a statement that didn’t disclose terms. (Source: Bloomberg) Read more: https://www.bloomberg.com/news/videos/2026-03-31/we-have-matured-our-compliance-okx-s-rafique-video #okx #bloombergcrypto #intercontinentalexchange #ice #newyorkstockexchange