Bloomberg News and Videos — Page 306

After hitting 500 episodes, Rapper N.O.R.E & DJ EFN, hosts of the show 'Drink Champs,' discuss what they wanted from the show when it first started, and how it came to be. The two discuss their music careers, hip-hop culture, and their experience navigating the business side of it all. They speak with Romaine Bostick on "The Close."

Marathon Asset Management CEO, Chairman and co-founder Bruce Richards says SpaceX's level of debt are normal ahead of its expected initial public offering. He says the company is very well positioned across the board. He speaks on "Bloomberg Open Interest."

The US Supreme Court shielded funds from some investor lawsuits in a 6-3 vote, blocking activist investors from suing 11 closed-end funds. Tyler Kendall reports on Bloomberg Television.

On this episode of Stock Movers with Alexis Christoforous: - Oracle (ORCL) shares are lower after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027. - Hugo Boss (BOSS) shares are moving on news Frasers Group Plc offered to buy the rest of Hugo Boss AG for about 2 billion ($2.3 billion) as billionaire Mike Ashley seeks to add another fashion brand to his growing collection. - Stitch Fix (SFIX) shares are moving as it bumped up its fiscal-year outlook after revenue rose in its latest quarter, citing a boost from efforts to improve its customer experience and assortment.

The bull market has room to run says Evercore's Julian Emanuel. "I would say that the true FOMO the wild-eyed, buy at any cost, whatever it is I'll take it is still potentially ahead of us," Emanuel said on "Bloomberg Surveillance."

US producer prices increased 6.5% in May from a year earlier, the fastest pace since November 2022, and advanced 1.1% from April as the fallout from the Iran war continued to fan inflation pressures. Michael McKee breaks down the data on Bloomberg Television.

Anduril Industries Inc. Chief Executive Officer Brian Schimpf says the company would "absolutely" consider building its next weapons manufacturing hub outside the US. Speaking to Bloomberg News Editor-in-Chief John Micklethwait at Founders Forum in the UK, Schimpf adds "there's a lot of manufacturing talent that exists" across Europe.

UK Business Secretary Peter Kyle reacts to the resignation of Defense Secretary John Healey from Prime Minister Keir Starmer's cabinet. Healey cited the constraints placed on his long-delayed defense investment plan by the chancellor of the exchequer. "All I can say is that we are in a moment in time when we are investing enormously into our defense," Kyle says in an interview with Bloomberg's Lizzy Burden at the Founders Forum event, outside London. "I don't know the circumstances of John's resignation, because I've just heard it the same time you've read it out there."

Citadel's Angel Ubide warns Europe needs to look past internal squabbles and seriously consider how to integrate quickly if it wants to catch up to its global rivals. The economist, who heads up Citadel's global fixed income and macro economic research was speaking to Stephen Carroll on Bloomberg's "Daybreak Europe" radio program.

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, says the melt up has begun as markets remain resilient ahead of the SpaceX IPO "landmark moment."