Bloomberg Markets
SpaceX shares are hitting the public markets on Friday after the biggest IPO of all time. Founder ETFs Partner, Michael Monaghan, sees a three-in-one opportunity for investors while True North Advisors' Dhruv Maniktala says his firm is positioning as sellers at the current valuation. They debate what's next for the company on Bloomberg's Insight with Haslinda Amin. (Source: Bloomberg)
Bloomberg Markets
Bloomberg Markets
European stocks ended the week near a record high, as oil fell on speculation a deal between the US and Iran to reopen the Strait of Hormuz is near.
Bloomberg Markets
Global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix Inc. and Samsung Electronics Co. after a blistering rally this year raised concerns of a potential pullback, according to people familiar with the matter.
Bloomberg Markets
FGE NexantECA Chairman Emeritus Fereidun Fesharaki says he sees oil prices rising to $150 a barrel if the Strait of Hormuz is still effectively closed by August. On Bloomberg's Insight with Haslinda Amin, he also said oil could be closer to $200 a barrel by the end of the year. (Source: Bloomberg)
Bloomberg Markets
Singapore is bringing back this 19th-century technology in some parts of the island to combat the heat.
It comes as a “super” El Niño is set to make it unusually hot in the country. (Source: Bloomberg)
Bloomberg Markets
Oil declined after President Donald Trump insisted a deal with Iran was close. Trump once again pulled back on a threat of more military strikes on the Islamic Republic. However Iran has not confirmed that a deal has been made. Aniseh Bassiri Tabrizi, Associate Fellow for MENA at Chatham House spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the likelihood of a deal announcement soon. (Source: Bloomberg)
Bloomberg Markets
Danske Bank A/S Chief Executive Officer Carsten Egeriis says it’s time to start thinking about acquisitions, potentially ending a nearly decade-long hiatus from major deals for Denmark’s largest lender.
Bloomberg Markets
Bayer AG shares are facing a make-or-break few weeks, with two upcoming court developments key to stemming a more than $60 billion wipeout in market value since the German company’s ill-fated purchase of Monsanto eight years ago.
Bloomberg Markets
The European Central Bank is prepared to raise interest rates for a second straight meeting next month if the shock from the war in the Middle East requires it, according to Governing Council member Joachim Nagel.
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Bloomberg Markets
China told big state-owned banks to reduce their lending in the interbank market, according to people familiar with the matter, in an effort to prevent borrowing costs from drifting too far below the policy interest rate.
Bloomberg Markets
Shadow markets are pricing a blockbuster SpaceX stock debut, indicating a pop of at least 35% for Elon Musk’s rocket, satellite and AI company.