Crypto Financial

Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Beata Manthey, European equity strategy head at Citi, says economic data, earnings revisions and government policy paint a positive picture for European firms. "We argue that actually policymakers are making good steps toward really protecting [the] European economy going forward," Manthey tells Bloomberg Television.

A fresh flare up in tit-for-tat attacks between the US and Iran put the Strait of Hormuz back in focus as gas, oil and other commodity prices rallied this week. With negotiations between the two sides grinding to a halt and Europe nearing the end of summer, dwindling gas storage levels are threatening to intensify a global fight for supply. The Opening Trade spoke with guests about the outlook as governments and consumers face the prospect of higher prices heading into winter.

Volkswagen's supervisory board backed a restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint. The new staff cuts represent about 8% of VW's global workforce as of the end of last year. Bloomberg's Danny Lee reports.

Economists think the European Central Bank will raise interest rates next week but not beyond that. The majority of respondents in a Bloomberg survey expect the deposit rate to be raised by a quarter-point to 2.5% on Thursday and stay there through 2027. The survey results point toward a far more dovish outcome than markets are currently betting on. Bloomberg's Jana Randow breaks down the situation.

Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, ahead of the firm's public filing for its initial public offering. The maker of the Claude chatbot is seeking to raise as much as SpaceX or more in the IPO, people familiar with the preparations said. Morgan Stanley is leading the process, the people said. Bloomberg's Anthony Stephens reports.

Oura's Chief Medical Officer Dr Ricky Bloomfield says their ring will help detect diseases, as the company files for an initial public offering, showing soaring revenue as well as increasing losses.

A range of high-frequency indicators show India's economy is gaining momentum, said World Bank Executive Director Neelkanth Mishra, pushing back against skepticism over GDP data, in an interview with Bloomberg's Haslinda Amin and Menaka Doshi.

India's space program notched a much-needed success with a rocket launch on Friday, after two consecutive failures of another launcher that had long served as its workhorse rocket. Bloomberg's Mihir Mishra reports.

Semiconductor industry executives share their insights with Bloomberg on the sidelines of the SEMICON Taiwan 2026 in Taipei, weighing in on the AI-driven chip supercycle and its sustainability.

Alec Litowitz, Founder of Magnetar and now head of his family office, Qstar Capital, discusses his new book, "The Adaptability Quotient," which focuses on decision-making when old strategies stop working. He links the book's themes to his experience at Magnetar, saying the firm looked for periods of rapid change because uncertainty often drives others away and creates opportunity for those first able to resolve it. He speaks with Romaine Bostick on "The Close."

Bill Perkins discusses a new ETF built around short-dated electricity futures in PJM and ERCOT, saying it gives investors direct exposure to power pricing rather than to utilities themselves. He argues the product is timely because electricity demand is expected to grow, driven by manufacturing reshoring, data centers, and the broader AI buildout. He speaks with Romaine Bostick on "The Close."