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Bloomberg

War in Iran Approaches 100 Day Mark

American forces headed off Iranian missile and drone attacks in the Persian Gulf as the war that began nearly 100 days ago continued to simmer with no resolution in the offing. Six ballistic missiles fired at Bahrain and Kuwait "were intercepted and a seventh did not reach its intended target," US Central Command said in a statement on X late Friday. Bloomberg News Congressional Reporter Steven Dennis joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Read more: War in Iran Approaches 100 Day Mark
Bloomberg

Market Sell-Off Analyzed Amid NASDAQ 100 Decline and Rising Yields

Jeremy Siegel, Professor Emeritus of Finance at the Wharton School, discussed the recent market sell-off during a live financial news segment. The conversation focused on the sharp decline in the NASDAQ 100, which was described as an AI-led rout coinciding with climbing yields. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Read more: Market Sell-Off Analyzed Amid NASDAQ 100 Decline and Rising Yields
Bloomberg

Strong U.S. Jobs Report Lowers Recession Risks Despite Wage Growth Lagging Inflation

Gene Sperling, President of Sperling Economic Strategies and former director of the National Economic Council, discussed the recent U.S. jobs report, highlighting that the headline numbers were stronger than expected and suggest a low likelihood of recession despite ongoing geopolitical and economic challenges. He noted that while job creation appears broad-based, some gains such as the 70,000 hospitality jobs may be influenced by seasonal factors like World Cup-related hiring. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

Read more: Strong U.S. Jobs Report Lowers Recession Risks Despite Wage Growth Lagging Inflation
Bloomberg

DocuSign Shares Drop After Full-Year Guidance Disappoints Investors

DocuSign's shares declined amid a broadly negative market day following the company's full-year guidance, which failed to excite investors. Allan Thygesen, CEO of DocuSign, discussed the company's AI-powered intelligent agreement management platform, highlighting strong adoption with 40,000 customers currently live on the platform. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

Read more: DocuSign Shares Drop After Full-Year Guidance Disappoints Investors
Bloomberg

SpaceX Inks $30 Billion Computing Power Deal With Google

Bloomberg's Bailey Lipschultz breaks down a busy week in SpaceX news, as the aerospace company prepares for an IPO. SpaceX and Google entered into an agreement for cloud services where Google has agreed to pay SpaceX $920 million per month for computing, something Lipschultz says is indicative of the expansion of the scope of work SpaceX is looking to do.

Read more: SpaceX Inks $30 Billion Computing Power Deal With Google
Bloomberg

These Market Dips Are 'Buying Opportunities' Says John Flood

Natalia Kniazhevich, Bloomberg News Equities Reporter and John Flood, Goldman Sachs Partner and Head of Americas Equities Execution Services join Bloomberg Businessweek Daily to discuss the markets and investors should be thinking about on days when the markets are volatile. Wall Street's historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields as a solid jobs report added to bets the Federal Reserve's next rate move will be a hike.

Read more: These Market Dips Are 'Buying Opportunities' Says John Flood