Australia Breaking News

JoAnne Feeney, portfolio manager & partner at Advisors Capital Management. joins Scarlet Fu on "Bloomberg Markets." Meta Platforms shares plunged by the most in six months after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment that CEO Mark Zuckerberg is making to catch up in the artificial intelligence race won't pay off.

Investor 137 Ventures has around $10 billion in SpaceX after writing multiple checks backing the Elon Musk-led company. Ahead of SpaceX's IPO, Justin Fishner-Wolfson, founder and managing partner at 137 Ventures, discusses the expected windfall and two new funds the VC firm has raised to back startups and founders staying private longer. He speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

"We have had to make our companies, very, very quickly, AI-centric companies," Thoma Bravo founder and Managing Partner Orlando Bravo says during an interview with Dani Burger at Bloomberg Miami House.

Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, says he is not seeing a decline in AI spending and demand. He discusses the buying opportunity he sees in US megacap tech stocks and why he's bullish on consumer trading. Rubner speaks with Dani Burger on the sidelines of Bloomberg House Miami.

Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, says he is not seeing a decline in AI spending and demand. He discusses the buying opportunity he sees in US megacap tech stocks and why he's bullish on consumer trading. Rubner speaks with Dani Burger on the sidelines of Bloomberg House Miami.

National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.

National Economic Council Director Kevin Hassett says productivity gains will help keep core prices under control during an interview on "Bloomberg Surveillance."

US economic growth accelerated in the first quarter, fueled by solid business and consumer demand, as inflation-adjusted gross domestic product increased an annualized 2% at the start of the year. Michael McKee reports on Bloomberg Television.

Cheng Li-wun discusses her hope to meet President Trump following her Beijing visit, aiming to convey Taiwan's commitment to avoiding conflict and securing lasting cross-strait peace

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East. The global benchmark surged as much as 7.1% before paring gains to trade near $122. Warren Patterson, Head of Commodities Strategy at ING Joined Stephen Carroll and Caroline Hepker on Bloomberg Radio To discuss. He says the market is losing confidence in a swift resolution and is increasingly pricing in a prolonged disruption to oil flows through the Strait of Hormuz.

Kevin Brady, a longtime Republican US House member from Texas, discusses the state's economy, corporate headquarters relocations and the current mood in Congress. He speaks with Bloomberg's Julie Fine.

Bank of England Governor Andrew Bailey said inflation is expected to rise to "a little over 3.5% by the end of the year" as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank's decision to keep interest rates on hold with several policymakers saying they might consider future hikes.