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President Donald Trump said he canceled planned military strikes against Iran, citing what he said were "discussions" that "have been brought to the highest level of Iranian leadership" surrounding a negotiated end to the war. Tyler Kendall reports on Bloomberg Television.

As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI's models. Gopuff co-CEO Rafael Ilishayev joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Nisha Patel, SMA fixed income portfolio manager at Parametric, and Guneet Dhingra, head of US rates strategy at BNP Paribas join Scarlet Fu on "Bloomberg Real Yield." US producer prices rose in May at the fastest pace in more than three years as the fallout from the Iran war continued to fan inflation pressures.

Seven Seven Six founder and Reddit co-founder Alexis Ohanian says the SpaceX IPO feels like a milestone moment and will fuel new investment in the space economy. He also weighs in on the AI IPOs in the pipeline, from OpenAI to Anthropic, and how they will impact venture capital. He joins Bloomberg's Dani Burger on the sidelines of the annual SuperReturn conference in Berlin.

DigitalBridge CEO Marc Ganzi joined Bloomberg Open Interest to explain why AI's next bottleneck is power, not just chips or data centers. He breaks down the ArcLight acquisition, the company's massive gigawatt pipeline, and why he thinks space-based data centers are still more "science project" than real infrastructure strategy.

After hitting 500 episodes, Rapper N.O.R.E & DJ EFN, hosts of the show 'Drink Champs,' discuss what they wanted from the show when it first started, and how it came to be. The two discuss their music careers, hip-hop culture, and their experience navigating the business side of it all. They speak with Romaine Bostick on "The Close."

Genmab (NASDAQ:GMAB) announced new data from a post-hoc subgroup analysis of its pivotal Phase 3 EPCORE FL-1 trial, which evaluates the subcutaneous T-cell engaging bispecific antibody epcoritamab in combination with rituximab and lenalidomide (epcoritamab plus R2).

Marathon Asset Management CEO, Chairman and co-founder Bruce Richards says SpaceX's level of debt are normal ahead of its expected initial public offering. He says the company is very well positioned across the board. He speaks on "Bloomberg Open Interest."

The US Supreme Court shielded funds from some investor lawsuits in a 6-3 vote, blocking activist investors from suing 11 closed-end funds. Tyler Kendall reports on Bloomberg Television.

On this episode of Stock Movers with Alexis Christoforous: - Oracle (ORCL) shares are lower after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027. - Hugo Boss (BOSS) shares are moving on news Frasers Group Plc offered to buy the rest of Hugo Boss AG for about 2 billion ($2.3 billion) as billionaire Mike Ashley seeks to add another fashion brand to his growing collection. - Stitch Fix (SFIX) shares are moving as it bumped up its fiscal-year outlook after revenue rose in its latest quarter, citing a boost from efforts to improve its customer experience and assortment.

The bull market has room to run says Evercore's Julian Emanuel. "I would say that the true FOMO the wild-eyed, buy at any cost, whatever it is I'll take it is still potentially ahead of us," Emanuel said on "Bloomberg Surveillance."

Canaan (NASDAQ:CAN) announced its unaudited operational updates for May 2026, highlighting significant advancements in energy efficiency and geographic infrastructure expansions.