Julia Moore, co-founder and managing partner at Breakout Ventures, Emily Zhao, managing director of Salesforce Ventures, and Daniel Docter, managing director at Dell Technologies Capital, join Dani Burger on "Bloomberg Deals."
Bloomberg's Todd Gillespie joins Dani Burger on "Bloomberg Deals." Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.
Zoox is entering a new phase of its business as it's getting ready to launch paid robotaxi rides in Las Vegas, becoming the first company in the US to charge for rides in a purpose-built, steering wheel-free autonomous vehicle. Zoox CEO Aicha Evans joins Bloomberg to discuss pricing, expansion plans and production ramp-up. She joins Ed Ludlow on "Bloomberg Tech."
SpaceX's AI cloud business is emerging as one of the company's fastest-growing businesses, according to Edison Yu, head of Global Space & Aerial Mobility at Deutsche Bank. He explains why leasing AI compute capacity could soon become SpaceX's biggest revenue driver, how the company is progressing toward orbital data centers, and why Starship remains the key to unlocking its long-term ambitions. He joins Ed Ludlow on "Bloomberg Tech."
Iran said it reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. Both sides have been talking for days about how to manage the Strait. A joint statement is being reviewed. Bloomberg's Jeff Mason has the latest from the White House on "Balance of Power."
Starboard Value CEO Jeff Smith explains why his firm has built a new stake in Shake Shack. Speaking with Dani Burger on "Bloomberg Deals," Smith also discusses his firm's stakes in Lamb Weston and CarMax.
Griffon Corporation (NYSE:GFF) reported fiscal third-quarter revenue of $481.4 million, up 7%, as favourable pricing, product mix and residential demand supported sales.
Uber Chief Executive Officer Dara Khosrowshahi says the business continues to grow and they're doing 300 million trips per week. But he admits there was a trip slowdown in Brazil because of more competition from local food delivery bikers. He speaks on "Bloomberg Tech."
Walt Disney's profit beat Wall Street estimates in the company's fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida. Bloomberg's Geetha Ranganathan joins Bloomberg Intelligence to discuss Disney as well as Paramount Skydance's earnings.
Oaktree Specialty Lending (NASDAQ:OCSL) reported fiscal third-quarter total investment income of $69.4 million, down from $70.4 million in the previous quarter.
Louisiana-Pacific (NYSE:LPX) reported second-quarter sales of $664 million, down 12%, as weaker Siding volumes and OSB prices reduced revenue.
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday. While equities pared earlier gains, the S&P 500 headed toward its longest winning streak since June. Alicia Levine, CIO at BNY Wealth, discusses the path ahead for the S&P 500.
