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US Launches Fresh Wave of Iran Strikes as Conflict Widens Across Middle East

The US hit dozens of military targets in a fresh wave of strikes on Iran in response to an attack on American forces in Jordan. Iran targeted a building in northern Kuwait while Jordan said it intercepted five missiles from the Islamic Republic as the conflict escalates and spreads across the Middle East. Tyler Kendall reports on Bloomberg Television.

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Bloomberg

PGIM Sees Hawkish Fed Tilt in September With Three Hikes

PGIM Credit Global Economics Deputy Head Katharine Neiss discusses the Federal Reserve's decision to leave interest rates unchanged on Wednesday, saying Chairman Kevin Warsh delivered a "weaker press conference than expected." Speaking on Bloomberg Television, Neiss adds that the central bank's "Hawkish tilt" will come in September, with three sequential rate hikes.

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Bloomberg

Gilbert: Meta On Hyperscaler Spend Without the Business

Microsoft shares surged in late trading after better-than-expected 4Q earnings, helped by continued strength in cloud computing and artificial intelligence. But Meta shares fell after a disappointing revenue forecast for the current quarter. It also reported the lowest free cash flow in years, a sign of ballooning AI spending. Josh Gilbert, APAC & Middle East Lead Analyst at etoro spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on some of the mag7 reporting.

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