Crypto Breaking News

Mike Wilson, Morgan Stanley's chief US equity strategist and CIO, says the recent equity and debt offerings signal a healthy market. Speaking with Matt Miller on "Bloomberg Open Interest," Wilson says there's enough capital out there to absorb all of the recent IPO activity.

The World Series of Poker has partnered with the Solana Foundation to bring cryptocurrency payments into its tournament operations for the first time.

US inflation accelerated in May with the Iran war pushing up energy prices, as the consumer price index climbed 4.2% from a year earlier, the most since early 2023. The core CPI, which excludes food and energy, increased 0.2% from April and 2.9% from a year earlier. Michael McKee breaks down the numbers on Bloomberg Television.

SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter. Banks are expected to stop taking orders from institutional investors at the market close on Wednesday. The IPO is set to price June 11 and trade the following day. Bloomberg's Ed Ludlow reports.

Dan Ives of Wedbush Securities talks about the upcoming SpaceX IPO and how it could impact tech stocks. He speaks on "Bloomberg Surveillance."

Henry McVey, balance sheet CIO and head of global asset and macro allocation at KKR, discusses his expectations for the upcoming Federal Reserve decision and offers insight into the firm's midyear outlook.

Taiwan Semiconductor Manufacturing Co. reported monthly sales rose 30%, reflecting continued strength in global demand spurred by a rush to build AI infrastructure. Neil Campling reports on Bloomberg Television.

President Donald Trump posted a warning on social media Wednesday that Iran has taken too long to come to terms and will "pay the price." Tyler Kendall reports on Bloomberg Television.

Baidu CFO Henry He is asked about Dario Amodei's past work at the Chinese company and instead reveals how OpenClaw's creator "asked Baidu to work with him" to beef up search skills for the popular AI personal assistant. He spoke to Bloomberg's Joe Weisenthal and Tracy Alloway in a live taping of the Odd Lots podcast at Bloomberg Invest Hong Kong.

Victor Khosla, the founder of credit investor Strategic Value Partners, speaks to Bloomberg's Dani Burger at the SuperReturn conference in Berlin about warning signs in private markets. "There are entire sectors like private equity, like real estate, which are constipated they can't sell," Khosla says. "Private credit just joined the party a little bit too."

Elon Musk's SpaceX has reportedly attracted more than $250 billion in investor demand ahead of its initial public offering, making the offering nearly four times oversubscribed and reinforcing expectations for the largest IPO in market history.

The United Arab Emirates is emerging as a key hub for the convergence of traditional banking and blockchain-based payments as stablecoins become an increasingly important part of global financial infrastructure.