An anonymous cryptocurrency whale has opened a 20x leveraged long position targeting 500,000 Solana (CRYPTO:SOL) on Hyperliquid, the decentralised perpetual futures exchange, with an estimated notional value of approximately US$23 million at the time the position was identified.
Bitcoin's (CRYPTO:BTC) dominant chain has moved significantly ahead of the BIP-110 minority fork, with the breakaway chain now trailing by 18 blocks following the contested signalling point at block 961632.
LIV Golf is seeking fresh investments as it prepares to cut purses and move away from the huge guaranteed payments that helped it lure some of golf's biggest stars. Author of "LIV or Let Die" Alan Shipnuck is on Bloomberg This Weekend to explain that the league's future may depend on retaining players including Jon Rahm and Bryson DeChambeau while proving it can attract enough fans and revenue to operate with less financial support from Saudi Arabia.
New Yorker staff writer Evan Osnos is on Bloomberg This Weekend and says China is taking a practical approach to AI, rapidly deploying the technology in factories and seeking to expand its use across emerging markets rather than focusing primarily on the pursuit of artificial general intelligence.
The US remains outside formal negotiations with Iran as Oman and Tehran discuss arrangements for the Strait of Hormuz, leaving the diplomatic path uncertain and raising the possibility of renewed fighting. Joining Bloomberg This Weekend, Bloomberg News White House & National Security Editor Michelle Jamrisko explains to David Gura and Christina Ruffini that strains on US munitions supplies are complicating Washington's options, with the Pentagon pushing defense contractors to accelerate production while balancing weapons needs across Iran, Ukraine and other potential conflicts.
Hunting camouflage has moved from the woods into mainstream fashion, fueled by demand for vintage workwear and rural American aesthetics. Bloomberg Weekend Senior Features Writer Madison Darbyshire is on Bloomberg This Weekend to explain how the trend has reached streetwear and luxury fashion, where inexpensive hunting gear can inspire pieces costing thousands of dollars and give urban consumers a way to adopt the imagery of traditional masculinity and blue-collar culture.
Thousands of University of California faculty members are pushing the system to reconsider its test free admissions policy, arguing that SAT and ACT scores could help identify students prepared for college-level work as concerns grow about grade inflation and AI use. Bloomberg News Education Policy Reporter Liam Knox explains to hosts David Gura and Christina Ruffini that the university has launched a faculty-led review, but opponents argue standardized tests can reinforce socioeconomic disparities, and UC says no change will affect students applying for fall 2027 admission.
Berkshire Hathaway stepped up spending under CEO Greg Abel, repurchasing about $4.5 billion of its shares while deploying billions more into investments. Bloomberg Intelligence and Senior P&C Insurance Equity Analyst Matthew Palazola is on Bloomberg This Weekend explaining to hosts David Gura and Christina Ruffini that Abel appears more focused on operations and putting Berkshire's enormous cash reserves to work, marking an early shift from Warren Buffett's final years at the helm.
Merrill & Bank of America Head of Market Strategy Joe Quinlan is on Bloomberg This Weekend to give his reaction to the July jobs report. Quinlan explains to hosts David Gura and Christina Ruffini that the US economy remains resilient despite the weak July jobs data, pointing to continued hiring in construction and health care and investment tied to AI.
Sports game streaming, RFK Jr.'s cooking show, $100 hot dogs, and getting into college without applying. Bloomberg News' Lisa Mateo joins David Gura and Christina Ruffini on Bloomberg This Weekend to share headlines you may have missed from over the week.
More than 70,000 people, mostly Moroccans, crossed into Spain's North African enclave of Ceuta in a mass migration surge fueled by economic frustration and amplified by social media. Senior Researcher at Oxford University Centre on Migration, Policy & Society Myriam Cherti is on Bloomberg This Weekend to discuss the unusual influx of those looking to cross.
