Bloomberg Markets
Stocks in Asia were set for a muted open Tuesday as investors weighed a rebound in US equities against lingering uncertainty over the Middle East and whether the artificial intelligence-fueled rally has further to run. Oil held Monday’s losses.
Bloomberg Markets
Oil was steady after its biggest drop in a week, as President Donald Trump said his latest offer of talks is Tehran’s “last chance” and that he expects a full reopening of the Strait of Hormuz.
Bloomberg Markets
With Exxon and Chevron reporting their biggest profits in years, oil reporter Mitchell Ferman on why US gasoline prices are still so high. (Source: Bloomberg)
Bloomberg Markets
Bloomberg Opinion Columnist Aaron Brown discusses his latest piece on the collapse of AI Hedge Fund Situational Awareness. He argues "The easy story is another tech wunderkind flying too close to the sun. The more useful one is that the 439% return was a warning, not a triumph." (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Bloomberg Markets
A $506 million bet on thousands of New York rent-stabilized apartments has already soured for bond investors, and Mayor Zohran Mamdani’s rent freeze is threatening to make it worse. Ran Eliasaf, Founder & Managing Partner of Northwind Group, discusses the needs in the NYC housing market and the possible impact of the city's recent moves to make it more affordable and levy new taxes. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Both Japan and the US are intervening to strengthen the yen. John Authers explains why it’s happening and why it matters. (Source: Bloomberg)
Financial Times
More than 20 attorneys-general launch legal challenge to duties for alleged forced labour violations
MarketWatch
Some movie fans call premium screenings a “gimmick.” Others are driving six hours to see “The Odyssey” in Imax 70mm.
NY Times Business
The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.
Yahoo Finance
NY Times Business
The rebellion against Todd Blanche’s nomination to be attorney general, now seemingly contained, at no point fundamentally questioned President Trump’s new protections from the I.R.S.