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President Donald Trump says he's making a "final determination" on a preliminary deal to extend a ceasefire with Iran. Trump said Friday on Truth Social that he's holding meetings in the Situation Room. Former US Rep. Jane Harman, a Democrat from California, says Trump doesn't have many military options left. She is on "Balance of Power."

Bank of England Governor Andrew Bailey comments on the recent concerns about the private credit market during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI's value for the first time. Bloomberg's AI reporter Shirin Ghaffary joins Tim Stenovec on "Bloomberg Tech."

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, according to sources, after Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. Bloomberg's space and aviation managing editor Benedikt Kammel joins Tim Stenovec on "Bloomberg Tech."

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI's value for the first time. The funding, announced Thursday, was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Each of the lead investors put in more than $2 billion, according to people familiar with the matter. Sequoia declined to comment. The other three firms did not respond to a request for comment. For more, we speak with Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence.

Bitcoin remains close to record highs, but fresh on-chain signals suggest investor demand may be losing some of its earlier strength.

The CFTC has approved Kalshi’s request to offer perpetual futures in the US, beginning with contracts linked to Bitcoin’s price.

Fresh inflation data from April is raising concerns about how uneven the economy may become. Goldman Sachs Chief US Economist David Mericle says the K-shaped economy wasn't as pronounced last year as many feared, but this year could be different. He explains why in a conversation with Dani Burger on Bloomberg Open Interest.

Hopes that a ceasefire deal could pave the way for an end to the Iran conflict drove stocks toward a historic streak of weekly gains, with the market also buoyed by the artificial-intelligence trade. Brian Belski, CEO and CIO at Humilis Investment Strategies, discusses the S&P 500 bull case and his outlook for markets amid the AI boom.

Retired Admiral James Stavridis, the the co-author of "2084: A Novel of Future War" joined Bloomberg to discuss his new futuristic war novel 2084, the risks of escalation in the Strait of Hormuz, and why he believes China is unlikely to invade Taiwan anytime soon.

Retired Admiral James Stavridis, the the co-author of "2084: A Novel of Future War" joined Bloomberg to discuss his new futuristic war novel 2084, the risks of escalation in the Strait of Hormuz, and why he believes China is unlikely to invade Taiwan anytime soon.

Tricia Scarlata, Head of Education Savings at JPMorgan Asset Management, discusses college investing, 529 day, and missed opportunities for families saving for college.