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The US intensified attacks on Iran beyond military targets during a sixth straight day of hostilities. Iran responded by firing on US bases in Kuwait, Jordan and Bahrain, increasing fears of a return to full war with no agreement reached over the Strait of Hormuz. Tyler Kendall reports on Bloomberg Television.

GSK (NYSE:GSK) ended camlipixant development for chronic cough after CALM-2 missed its primary endpoint at 50mg.

Sunday's World Cup final pits Spain against Argentina. On the sidelines, a different kind of battle has been raging. The world's biggest sports brands have spent the tournament fighting for sales and buzz they hope will outlast the final whistle. Some of the biggest soccer stars have also been making headlines off the field for their fashion choices, with luxury man bags among the must-have accessories for the sport's elite. Bloomberg's Tim Loh and Bloomberg Opinion's Andrea Felsted discussed the World Cup's corporate wins on The Pulse with Francine Lacqua.

Andrew Sheets, global head of fixed income research at Morgan Stanley, says, "the Fed is not the problem" for markets, but "there is going to be ongoing concern around AI spending."

Truist Financial (NYSE:TFC) reported Q2 2026 revenue of $5.23 billion and EPS of $1.08, matching profit expectations but narrowly missing revenue forecasts.

Fifth Third Bancorp (NYSE:FITB) reported Q2 2026 EPS of $0.83 and adjusted EPS of $1.02, supported by organic growth and Comerica integration.

South Plains Financial (NASDAQ:SPFI) reported Q2 net income of $19 million and diluted EPS of $0.96, supported by its BOH acquisition.

Autoliv (NYSE:ALV) reported Q2 net sales of $2.803 billion, up 3.3%, while diluted EPS fell 38% to $1.35.

Regions Financial (NYSE:RF) reported Q2 net income of $549 million and diluted EPS of $0.64, with adjusted earnings of $583 million and adjusted EPS of $0.68.

Netflix (NASDAQ:NFLX) shares fell 9.2% before Friday’s opening bell after its third-quarter revenue and earnings forecasts missed analyst estimates.

A surprise breakthrough from a Chinese artificial intelligence startup rippled through global markets Friday, sending AI and semiconductor stocks sharply lower. The catalyst was Moonshot's new Kimi K3 model, which the company said rivals the strongest offerings from OpenAI and Anthropic PBC. Bloomberg's Matt Bloxham breaks down the situation.

Honeywell Technologies (NASDAQ:HON) completed its £1.325 billion all-cash acquisition of Johnson Matthey’s Catalyst Technologies business.