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CBA (ASX:CBA) reported a $2.6B statutory NPAT in its Q3 update, with cash profit dipped 1% from the first-half average.

The Albanese government has upgraded its net overseas migration forecasts, revealing that figures will remain above pre-pandemic levels longer than initially anticipated.

Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. Bloomberg's Kailey Leinz and Atlantic Council Geoeconomics Center Senior Director Josh Lipsky have more on "Balance of Power: Evening Edition."

Treasurer Jim Chalmers detailed a $77 billion budget boost driven by NDIS savings and housing tax reforms to improve affordability.

Bloomberg reporters Silla Brush and Katherine Doherty break down how US derivatives exchange CME Group index provider Silicon Data are teaming up to create a futures market for the computing power that backs artificial intelligence infrastructure. Brush and Doherty report that a futures market would functionally set a price for computing power and say that the move signals to the rest of the industry that it is set to be a 'serious asset class.'

"Risk is on and at higher levels," Bob Sloan, managing partner at S3 Partners, says when discusses short covering in US stocks on "Bloomberg The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

President Donald Trump says inflation in the US is only "short term." He spoke before leaving for Beijing on Tuesday. US inflation accelerated in April due to rising gasoline and grocery costs, exceeding wage growth.

Charles Schwab Corp. is planning to use artificial intelligence to extend benefits usually reserved for wealthy clients to the less affluent. CEO Rick Wurster said AI will be a "real accelerant" for the 55-year-old firm. He spoke with Carlyle Group Co-Founder and Co-Chairman David Rubenstein for an upcoming episode of Bloomberg Wealth. This interview was recorded May 1 in New York.

Yoni Assia, eToro CEO join Bloomberg Businessweek Daily on their reccent earnings beat. EToro Group reported adjusted earnings per share for the first quarter that beat the average analyst estimate. He also discusses retail trade sentiment, crypto and how AI is changing the trading landscape.

Democratic Representative Greg Stanton joined Balance of Power to discuss the upcoming trip to China and the Iran War. He also said President Trump arrival in the China with the US in a weakened position to seek Beijing's help in pressuring Iran to resolve the war. Trump is expecting economic deals and a "wild" welcome this week in China. In reality, he'll arrive facing an emboldened Xi Jinping, just as his own hand is constrained by the conflict in Iran.

US derivatives exchange CME Group and index provider Silicon Data are teaming up to create a futures market for computing power. Bloomberg's Katherine Doherty discusses the reasons for the new market and how it will work. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."