Crypto Breaking News

Chey Tae-won, chairman of SK Hynix parent SK Group, says customers have been telling him they want the company to expand more. He speaks with Ed Ludlow on "Bloomberg Tech."

The US stock market's rally to new highs has been propelled by so few stocks that it's reminding some on Wall Street of the runup to the dot-com bubble. George Noble, Managing Partner of Noble Capital Advisors, discusses the AI trade and how he believes the coming bust would be much worse than the dot-com bubble fallout.

Artificial intelligence could reshape the jobs of nearly 80 million people across Southeast Asia, but there is little sign it has led to large-scale employment cuts, according to the International Labour Organization. The ILO urged governments to strengthen AI governance and better integrate AI policies through a human-centered approach to help workers and businesses adapt. Pelgo CEO Chieh Huang discusses how AI is impacting the labor market and how it could serve as a tool for displaced workers rather than a job eliminator.

On this episode of Stock Movers: - Delta (DAL) shares are higher after it reaffirmed its full-year profit guidance, citing strong demand for premium, corporate and international travel that helped offset the highest quarterly fuel expense in its history. The airline earned an adjusted $1.56 a share in the second quarter, topping analysts' estimates, with revenue rising 14% from a year earlier and capacity increasing just 1%. - EasyJet (EZJ) shares are moving on news it received a fresh offer from Apollo Global Management for 715 pence a share, beating a rival proposal from Castlelake. EasyJet is "no longer minded to recommend the Castlelake proposal" and would be minded to recommend Apollo's bid to its shareholders, given that Apollo's £5.7 billion bid is superior to Castlelake's £5.5 billion offer. - WD-40 (WDFC) shares jumped after the lubricant spray maker boosted its net sales forecast for the full year.

Lisa Shalett, Morgan Stanley Wealth Management CIO, discusses the current state of the semiconductor sector, highlighting that chip stocks have become meaningfully overbought with some indexes up nearly 100% year-to-date before recent pullbacks. She speaks on "Bloomberg Surveillance."

SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale by a foreign company. Bloomberg's Ed Ludlow reports.

Nadia Martin Wiggen, Svelland Capital Director, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the the volatile week in oil.

Japanese financial company CRYL has launched a Bitcoin-backed lending service offering loans of between 1 million yen (US$6,200) and 1 billion yen (US$6.2 million) to individuals and businesses seeking to raise fiat currency without selling their Bitcoin (CRYPTO:BTC) holdings.

Andy Burnham's path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader. At the end of the first day of the party's leadership contest to replace Keir Starmer, 322 of 403 Labour members of Parliament voted for Burnham. Responding to the confirmation of the vote number, Burnham said he was "deeply grateful" for the support he's received from party colleagues, saying it "reflects a shared belief that Britain needs a new approach to politics." Bloomberg Opinion's Rosa Prince joins Caroline hepker and Rachel Evans on Daybreak Europe to discuss.'

European equities stand to benefit from higher inflation, according to Morgan Stanley's Marina Zavolock, who says the market underestimates the region's exposure to sectors that profit from rising prices. "We have a lot of real asset exposure, we have banks exposure," Zavolock, the firm's chief European equity strategist, tells Bloomberg Television.

England's preparations for their 2026 FIFA World Cup quarterfinal against Norway, scheduled for 11–12 July 2026 in Miami, have been disrupted by a viral outbreak within the squad.

Katie King, cofounder and CEO of BioOrbit, discussed the company's recent milestone in producing protein crystals in space. BioOrbit launched a record-breaking mission to the International Space Station, achieving the largest scale production of protein crystals in a microgravity environment by one to two orders of magnitude. King spoke to Bloomberg's Tom Mackenzie.