Crypto Breaking News

On this episode of Stock Movers with Alexis Christoforous: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities. - SpaceX (SPCX) is up in the premarket as it will become a component of the Nasdaq-100 Index prior to market open on July 7, 2026, Nasdaq announces.

The US Supreme Court refused to let President Donald Trump immediately fire Federal Reserve Governor Lisa Cook. In a 5-4 vote, the high court said Cook can stay in her job while she fights Trump's bid to oust her over unproven mortgage fraud allegations. Michael McKee reports on Bloomberg Television.

Intercontinental Exchange Inc. is adding new futures contracts tied to global monetary-policy decisions and US natural gas storage. Sridhar Natarajan has more on "Bloomberg Open Interest."

Strategy (NASDAQ:MSTR) has launched a "Digital Credit Capital Framework," approving a programme that allows the firm to sell up to US$1.25 billion in Bitcoin (CRYPTO:BTC) to fund cash reserves, service preferred stock dividends on its Stretch (STRC) product, or repurchase common stock at management's discretion.

Comcast said it plans to spin off NBCUniversal and Sky into a new publicly traded company as it looks to separate its media businesses from its cable-TV and internet operations. Kelcee Griffis reports on Bloomberg Television.

Alicia Levine, chief investment officer at BNY Wealth, expects an upswing in volatility over the next few months, but sees a broadening of earnings driving the S&P 500 to 8,000 by the end of the year.

Andy Burnham, who is likely to be the UK's next prime minister following Keir Starmer's decision to resign, outlines plans to decentralize power in a bid to boost the economy and raise living standards. "I am going to give Britain the circuit breaker it needs by building a more collaborative politics," Burnham says during a speech in Manchester.

Commercial traffic through the Strait of Hormuz this weekend persisted at a reduced level as a handful of vessels made open transits. Traffic was still higher than for most of the US-Iran war, but attacks on two ships raised fresh concerns about the ability and willingness of shipowners to traverse the waterway. Alaric Nightingale reports on Bloomberg Television.

Israel, Lebanon, and the US reached an initial trilateral framework agreement aimed at paving the way for ending the conflict between Israel and Lebanon and ultimately reaching a peace settlement. Bloomberg's Dan Williams reports.

South Korea is orchestrating investments of at least 1,350 trillion won ($880 billion) from companies including Samsung and SK Hynix into chips and data centers, a giant outlay in digital infrastructure it called essential to surviving the AI era. Bloomberg's Shona Ghosh has more.

Kongsberg has seen a "positive movement forward" in European defense spending throughout last year, even though it's still not yet at the level needed, its CEO Eirik Lie tells Bloomberg TV. Lie spoke to Bloomberg TV's Francine Lacqua ahead of July's NATO summit in Ankara, Turkey, where European NATO states will be expected to prove they are progressing towards spending 5% of GDP on defense.

South Korea is launching a 1,350 trillion won ($880 billion) plan in corporate investments to build out critical AI infrastructure and cement its global dominance in the semiconductor market. President Lee Jae Myung called the sweeping mega-project a "national survival strategy" for the AI era. Bloomberg's Avril Hong breaks down the press conference, where President Lee was joined by the CEOs of tech giants Samsung and SK Hynix to outline the multi-year roadmap.