Bloomberg

On this episode of Stock Movers with Alexis Christoforous: - La-Z-Boy (LZB) shares are higher after the home furniture store's reported adjusted earnings per share for the fourth quarter beat the average analyst estimate. - CarMax (KMX) shares are moving after it reported net sales & operating revenue for the first quarter that beat the average analyst estimate. - Jabil Inc. (JBL) shares rose as much as 14%, the most intraday since April 2025, after the manufacturing services firm reported third-quarter revenue that beat the average analyst estimate.

Europe has fallen behind on text-based AI - known as LLMs - AMI Labs CEO Alex LeBrun told BTV's Tom Mackenzie at Vivatech 2026 in Paris, France. But it could still pull ahead in the race for world models - another evolution in AI that moves away from text-based models, towards spatial and physical intelligence.

"We need to be very careful in terms of how we allocate money," Allianz CEO Oliver Baete says while discussing the state of financial markets on "Bloomberg Open Interest."

SpaceX has rapidly added $1 trillion in market capitalization since its recent public debut, reaching approximately $2.7 trillion and positioning itself as the fifth largest company globally, close to overtaking Microsoft. Mandeep Singh has more on "Bloomberg Open Interest."

US Senator Elizabeth Warren, a Massachusetts Democrat, says she is not comfortable with Kevin Warsh as chair of the Federal Reserve. She spoke on the June 16 episode of "Balance of Power: Evening Edition."

Robert Kaplan, Goldman Sachs vice chair and former Federal Reserve Bank of Dallas president, expects Federal Reserve's Kevin Warsh to adopt a more neutral tone in his first news conference as chair. Speaking on "Bloomberg Open Interest," Kaplan also says he sees an "historic" capital expenditures boom in the US.

Investors are already looking beyond the US-Iran war, according to Morgan Stanley Chief Investment Officer Mike Wilson, even with the two sides working on a deal that defers many of the conflict's thorniest issues. He speaks with Lisa Abramowicz and Annmarie Hordern on ``Bloomberg Surveillance.''

Robert Kaplan, Goldman Sachs vice chair and former Federal Reserve Bank of Dallas president, says the US is in the midst of an "historic" capital spending boom driven by infrastructure for AI and computing power. He speaks during an interview on "Bloomberg Open Interest."

States have been competing to attract AI data centers, offering tax breaks to companies like Meta, Amazon, and Microsoft. Now Georgia is at the center of a growing debate over whether those incentives are still worth the cost. (Produced and Edited by Paul Detrick; Senior Producer Andrew Satter; Executive Producer Josh Block)

"We are entering a summer of the bond market," MUFG chief macro strategist George Goncalves said on "Bloomberg Surveillance." He says falling oil prices will smooth the way for a rally in fixed income.