Bloomberg

OpenAI filed confidentially for an IPO with the SEC, working with Goldman Sachs Group and Morgan Stanley on a potential listing. Romaine Bostick reports on "Balance of Power."

Alex Lasry, Chief Executive Officer of the NYNJ Host Committee for the FIFA World Cup 2026, says the region is ready for the tournament and contingency plans are in place for any transportation issues that arise.

Ingredion Inc. agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), and will end the UK company's near-century listing on the London Stock Exchange. Ingredion Chief Executive Officer James Zallie says the US company paid a "fair" premium and this deal creates an ingredients "powerhouse." He speaks on "Bloomberg The Close."

Jonathan Golub of Seaport Global Holdings says "earnings are absolutely on fire," and valuations are lower almost everywhere. He speaks on "Bloomberg The Close."

Gustavo Pimenta, CEO of Vale, says that conflict with Iran has not impacted global demand for metals from the top iron ore producer. Pimenta also discussed the impact of the war on its sites in Oman, saying that he remains optimistic about the facility's future despite having to shut down production during the conflict.

Andrew Chanin, co-founder and CEO of ProcureAM, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the SpaceX IP0 and how it has inspired investor interest in the Space ecosystem.

Bloomberg Intelligence's Athanasios Psarofagis joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the growing population of zombie ETFs, which are defined as funds that are at least three years old and manage less than $50 million.

Morris Chen, portfolio manager CBMS/CRE debt at DoubleLine, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the evolution in the financing market, the bifurcated recovery of the commercial real estate market, and the risks investing in data centers.

Perth Tolle, founder of Life + Liberty Indexes, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the rising costs in the ETF industry for investors as Fidelity's fees come into focus.

Dag Kittlaus, co-founder of Siri, reacts to Apple's AI ambitions. The new Apple Intelligence system was unveiled during a keynote presentation at the company's Worldwide Developers Conference. He speaks on "Bloomberg The Close."