AustraliaBreaking News

Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Bitcoin was left out of the newly announced crypto index from S&P and Pantera Capital.

Bloomberg Intelligences Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Bitcoin was left out of the newly announced crypto index from S&P and Pantera Capital.

Rebeca Romero Rainey, president and CEO of the Independent Community Bankers of America, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss her group's concerns about the current form of the Clarity Act legislation.

Ford Motor Co. posted earnings ahead of Wall Street estimates and raised its outlook for the second time this year on higher prices and strong sales of high-margin sport-utility vehicles. Erin Keating, Cox automotive executive analyst, says some brands are continuing to cater to customers that want mid-size SUVs, but in the US, there are plenty of buyers for more expensive full-size pickups and SUVs. She speaks on "Bloomberg The Close."

United Parcel Service CEO Carol Tomé says the Amazon glide down "is behind us." The shipping company has been delivering fewer low-margin packages for Amazon. UPS shares fell after its outlook for volume and profit margins underwhelmed investors. Tomé speaks on "Bloomberg The Close."

Tejpaul Bhatia, the CEO of Nebex, said that his company, which is aimed at building a financial operating system for the space industry, saw an economic gap in the growth of space travel as more money is put into the growth of the commercial space industry. Bhatia compared the potential of a space economy to the role of American Express and Wells Fargo at the beginning of the railroad industry.

NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in 'danger territory' when it comes to debt, but does not see a concern for larger companies. He speaks with Emily Graffeo and Romaine Bostick on 'The Close.'

Barnes & Noble CEO James Daunt discusses the company's strategy, demand for physical books and the potential for an initial public offering with Romaine Bostick and Emily Graffeo on "Bloomberg The Close."

Ben Jensen, senior fellow at the Defense and Security Department of the Center for Strategic and International Studies, said that the US has to consider the 'opportunity costs' of keeping up an active offensive against Iran and the risk that a campaign with an uncertain timeline and political outcome could mean for other military objectives on the horizon.

Melinda Haring, nonresident senior fellow at the Atlantic Council, said if Congress passes the Russia sanctions bill, it could help push the EU to unlock its next package of sanctions. Haring said that as war in Ukraine drags on Russian President Putin has a 'math problem,' lacking enough soldiers to carry out a large mobilization as Ukraine hits more Russian oil refineries.

China's chip industry is giving investors a reason to pause, as new signs of progress are raising fresh questions about whether Beijing is catching up faster than expected. Bloomberg's Peter Elstrom joins Ed Ludlow on "Bloomberg Tech."

President Donald Trump hosted Israel's Benjamin Netanyahu and Ukraine's Volodymyr Zelenskyy at the White House, in separate meetings. Bloomberg's Tyler Kendall reports on what happened behind closed doors.