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Bloomberg

UK to Ban Social Media for Under-16s Starting Next Year

Big tech companies design their products to maximize user attention, often without regard to whether the content is beneficial, especially for children. Beeban Kidron, author of 'Users,' joins Bloomberg This Weekend to discuss with hosts David Gura and Christina Ruffini the need for government intervention to regulate product design, parental responsibility in managing usage, and consumer awareness to make informed choices in the attention economy.

Read more: UK to Ban Social Media for Under-16s Starting Next Year
Bloomberg

Oil Stockpiles Near Danger Zone

Energy markets expert and author of Oil's Endless Bid Dan Dicker says oil markets are underestimating the impact of ongoing supply disruptions, warning that global stockpiles have been drawn down significantly as millions of barrels per day remain unable to reach end markets. Dicker warns hosts of Bloomberg This Weekend David Gura and Christina Ruffini if inventories continue to fall, crude prices could surge from current levels to as high as $135 a barrel.

Read more: Oil Stockpiles Near Danger Zone
Bloomberg

UK's Starmer Faces Growing Pressure to Step Down

With escalating political turmoil surrounding the the UK's Prime Minister Keir Starmer, the PM has reportedly contacted cabinet ministers amid mounting speculation about his potential departure. Anchor of Bloomberg's Daybreak Europe Lizzy Burden explains to David Gura and Christina Ruffini on Bloomberg This Weekend how the situation appears to be reaching a tipping point.

Read more: UK's Starmer Faces Growing Pressure to Step Down
Bloomberg

Amazon Advances Prime Day by One Month Amid AI Shift

Amazon has moved its annual Prime Day sales event up by one month. The event is strategically important for Amazon as it aims to capture consumer spending, especially in a market where discretionary dollars are tightening and AI is increasingly influencing shopping behavior. Senior E-commerce and retail analyst for Bloomberg Intelligence Poonam Goyal explains the importance of Prime Day for Amazon to David Gura and Christina Ruffini on Bloomberg This Weekend.

Read more: Amazon Advances Prime Day by One Month Amid AI Shift
Bloomberg

Fuel Shortages in Russia Amid Ukraine Drone Attacks

Over 50 regions in Russia are currently experiencing severe fuel shortages. These shortages are attributed to long-range sanctions and targeted Ukrainian drone strikes on Russian oil refineries and ports, which have significantly reduced Russia's refining capacity by 20-30%. Bloomberg News Senior Writer Stephanie Baker joins Bloomberg This Weekend to discuss the situation the world's second-largest oil producer finds itself in.

Read more: Fuel Shortages in Russia Amid Ukraine Drone Attacks
Bloomberg

US and Iranian Negotiators Begin Talks in Switzerland

Vice President JD Vance arrived in Switzerland to participate in high-stakes negotiations involving the United States, Iran, Pakistan, and Qatar, aimed at advancing progress on nuclear issues and regional security, including the Lebanon conflict. Despite a memorandum of understanding recently signed, some provisions remain unresolved, necessitating further dialogue. ABC News State Department reporter Shannon Kingston and Associated Press International Correspondent Philip Crowther join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss what is ahead for the negotiators.

Read more: US and Iranian Negotiators Begin Talks in Switzerland
Grafa
Insights

RBA’s frozen cash rate keeps retail heavyweights sweating

  • The Reserve Bank of Australia left the official cash rate target unchanged at 4.35% on June 16 to evaluate earlier interest rate increases.
  • Persistent capacity pressures and fuel costs pushed inflation above expectations, linking interest-sensitive equities through uniform borrowing environments.
  • Corporate leaders forecast structural cost pressures as global oil disruptions and consumer spending limits challenge forward retail and housing pipelines.
Read more: RBA’s frozen cash rate keeps retail heavyweights sweating
Grafa
Cryptocurrency

World Cup wagers spark race among prediction markets

  • Kraken’s FIFA World Cup sponsorship coincides with prediction market trading volumes surpassing US$2 billion across football-related contracts. 
  • Sports forecasting activity is being concentrated in blockchain-based and regulated event markets, led by Polymarket and Kalshi. 
  • Regulatory uncertainty around prediction markets remains the key challenge as platforms expand into mainstream sporting events. 
Read more: World Cup wagers spark race among prediction markets
Grafa
Insights

The hidden manufacturing race to build the physical backbone of AI

  • Jabil’s Q3 fiscal 2026 revenue reached $8.8 billion, with management signaling strong future demand for AI-native infrastructure and cooling systems.
  • The company reported U.S. GAAP operating income of $445 million and core diluted earnings per share of $3.16, as it pivots toward high-speed AI interconnects.
  • The broader sector faces a structural shift as contract manufacturers race to expand domestic capacity for power-intensive, liquid-cooled data center hardware.
Read more: The hidden manufacturing race to build the physical backbone of AI
Grafa
Insights

Why Earth's Richest Miners Are Swapping Iron Ore for Rocket Fuel

  • Gina Rinehart's Hancock Prospecting has acquired a $1.31 billion stake in SpaceX following its initial public offering.
  • SpaceX completed its first official day of public trading with a total market valuation of US$2.1 trillion.
  • The deal links Australian natural resource exporters directly to the infrastructure requirements of orbital data networks.
Read more: Why Earth's Richest Miners Are Swapping Iron Ore for Rocket Fuel