Crypto Breaking News

Novo Nordisk Executive Vice President for US Operations Jamey Millar discusses the US approval of competitor Eli Lilly's obesity pill, the expansion of the GLP-1 category, and the rollout of a new subscription model. He talks with Katie Greifeld for "The Close."

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

Tom Miles, global co-head of M&A at Morgan Stanley, joins Dani Burger on "Bloomberg Deals." They discuss Global M&A and AI disruption.

Bloomberg's Eric Pfanner joins Dani Burger on "Bloomberg Deals." Unilever agreed to combine its food business with spice maker McCormick in a $44.8 billion deal that will create a global seasonings, sauces and condiments company.

Paul Drews, managing partner at Salesforce Ventures and Manthan Shah, principal and head of US investments at WestBridge Capital join Dani Burger on "Bloomberg Deals." OpenAI announced this week its largest-ever fundraising, drawing $122 billion in backing from tech giants, venture capital funds and retail investors alike. Now the valuation for OpenAI sits at $852 billion while Anthropic's valuation is at $380 billion.

Sandhya Venkatachalam, founder of Axiom Partners, joins Dani Burger on "Bloomberg Deals." They discuss how venture capital is addressing the rising valuations tied to AI businesses.

Bloomberg's Ryan Gould joins Dani Burger on "Bloomberg Deals." Activist investor Irenic Capital Management has built a position in social media company Snap and is pushing for changes to improve financial and operating performance.

Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Biogen has agreed to acquire Apellis Pharmaceuticals for $5.6 billion, expanding its treatments in immunology and rare diseases in one of the company's largest-ever acquisitions.

The countdown is on for the launch of NASA's historic Artemis II mission. Four astronauts are set to take off from Kennedy Space Center at 6:24 PM local time. They are suited up and getting ready. Ed Ludlow is there on the ground.

Oil fell in a volatile session, with traders focused on whether US President Donald Trump will soon declare an end to the war in Iran. West Texas Intermediate futures crude slid below $100 a barrel, at one point slumping more than 4.8%, before recovering some of that loss to trade near $99. Tom Kloza, Chief Energy Advisor for Gulf Oil joins Balance of Power to discuss how this conflict will effect oil prices.

SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk's rocket, satellite and AI company closer to delivering the biggest-ever listing. The company submitted its draft IPO registration to the US Securities and Exchange Commission, the people said, asking not to be identified as the information isn't public. A representative for SpaceX didn't immediately respond to a request for comment. SpaceX could seek a valuation in the IPO of more than $1.75T, people familiar with the matter have said. The company acquired Musk's artificial intelligence startup xAI in a deal that valued the enlarged entity at $1.25T. Bloomberg US Equity Capital Markets Reporter Anthony Hughes joins Paul Sweeney and Scarlet Fu on Bloomberg Intelligence to discuss.

Nike Inc. shares tumbled after the retailer gave a surprisingly gloomy outlook for the year ahead, complicating Chief Executive Officer Elliott Hill's efforts to turn around the business. Revenue is expected to decline 2% to 4% in the current quarter and will be down in the low single-digits for the rest of the calendar year, management told investors on an earnings call Tuesday evening. Analysts surveyed by Bloomberg had been looking for 2% sales growth this quarter and bigger gains as the year progressed. Bloomberg Retail Reporter Lily Meier joins Paul Sweeney and Scarlet Fu on Bloomberg Intelligence to discuss.