Bloomberg

Americans spent 15.5% more on gas in March as prices surged due to the war in Iran. Retail sales rose by 1.7% topping analyst estimates. Enda Curran reports from Washington.

Americans spent 15.5% more on gas in March as prices surged due to the war in Iran. Retail sales rose by 1.7% topping analyst estimates. Enda Curran reports from Washington.

Savita Subramanian, head of US equity and quantitative strategy at BofA Securities, says she doesn't see as much likelihood of positive surprises in the big bellwether sectors like tech and industrials as she shares her concerns about equities.

"If you're looking six months out, I still think we're higher than we are here," says Christopher Verone, partner and chief market strategist at Strategas, as he examines the factors driving markets higher.

UniCredit CEO Andrea Orcel said he'll put his yearslong effort to buy Commerzbank on hold if his takeover bid fails to win him control over the lender. "If we do not reach control, we will take a pause, and we will focus on other topics that we have internally," Orcel said on Bloomberg Television.

JPMorgan Private Bank Global Investment Strategist Madison Faller says the corporate earnings season showed that the "fundamentals remain intact" in spite of the uncertainties around the war in the Middle East. She speaks on Bloomberg Television.

German lender Commerzbank AG says it has formally rejected Italian rival UniCredit Spa's latest takeover proposal, saying it lacks value and undermines trust. Bloomberg's Tom Metcalf reports.

Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Mistral AI's Chief Revenue Officer, Marjorie Janiewicz says the French AI startup remains "very committed" to the United States and that the company is experiencing global momentum. Janiewicz says Mistral AI has evolved to become a full-stack company whose advantage lies in customizing AI for enterprise workflows. She says revenue is being driven by large global clients deploying tailored models across industries. In an interview with Bloomberg's Francine Lacqua, Janiewicz also said that companies have been asking Mistral AI to customize models specifically targeted at cyber security.

Pakistan is positioning itself as a potential mediator between the United States and Iran, with officials preparing to host a possible second round of talks despite lingering uncertainty. The effort highlights Islamabad's diplomatic outreach at a time of heightened regional tensions and fragile US Iran engagement. The discussions matter as any renewed dialogue could ease pressure in the Middle East and shape regional security calculations for South Asia and beyond. Sherry Rehman, former Pakistani ambassador to the US, spoke with Paul Allen on Insight with Haslinda Amin to discuss Pakistan's role and the challenges ahead.