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Oil prices declined on Thursday as investors weighed a proposed Saudi Arabia-led maritime defence coalition for the Red Sea against continued military tensions between the United States and Iran.

K2 Space has raised $500 million at a $6.8 billion valuation as investors continue pouring money into the fast-growing space industry. The startup, founded by former SpaceX engineer Neel Kunjur and his brother Karan, builds low-cost, high-power satellites for commercial and defense customers including the US Space Force, and says it has more than $1 billion in signed contracts. CEO Karan Kunjur explains how the new funding will help expand production as the company eyes future applications ranging from military missions to space-based AI data centers. He joins Ed Ludlow on "Bloomberg Tech."

Bloomberg's Michael McKee joins Scarlet Fu on "Bloomberg Real Yield" to discuss the Fed decision, the surge in long-end US Treasury yields and its effect on rates for consumers. US mortgage rates rose to a 12-month high due to climbing yields.

Meta Platforms Inc. gave a disappointing quarterly revenue forecast, stepping up pressure on Chief Executive Officer Mark Zuckerberg to allay investor concerns that the company isn't swiftly benefiting from its massive outlay on artificial intelligence. David Kirkpatrick, Founder of Techonomy joins Bloomberg Intelligence to recap Meta's earnings.

Kendra Scott CEO Chris Blakeslee joins Bloomberg Open Interest to explain why today's consumer is more selective, but still spending on meaningful purchases. He shares how experiential retail is driving growth, why fine jewelry is booming, and why AI should empower employees to deliver more human customer experiences.

Microsoft's blockbuster earnings sparked a major rally as TD Cowen's Derrick Wood joins Bloomberg TV to explain why this was the perfect "Goldilocks" quarter. From accelerating Azure growth and improving AI economics to surging Copilot adoption, here's why Wall Street believes Microsoft's AI story is getting even stronger.

Meta's AI spending is under intense scrutiny after a softer outlook. MoffettNathanson analyst Michael Nathanson explains why investors no longer want promises they want proof. Michael Nathanson joins Bloomberg Open Interest to break down Meta's unclear AI infrastructure strategy, the risk of massive capex, and why the company's metaverse history is making Wall Street far less patient this time. Correction: This video has been edited to update a graphic with correct analyst disclosures.

Kevin Warsh's bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with interest-rate hikes. Matt Miskin, Co-Chief Investment Strategist John Hancock Investment Management, discusses the divergent equity and bond reaction this morning to the FOMC decision.

Solstice Advanced Materials (NASDAQ:SOLS) reported second-quarter 2026 net sales of $1.15 billion, up 11% year over year, supported by growth in Nuclear, Electronic Materials, Refrigerants and Healthcare Packaging.

United Maritime (NASDAQ:USEA) reported second-quarter 2026 net revenue of $10.0 million, with net income of $1.2 million and adjusted EBITDA of $5.2 million.

Energy markets have been rocked by a fresh round of volatility this month, as investors navigated a short-lived pause in hostilities between Iran and the US, followed by renewed fighting. The conflict is spreading beyond the Strait of Hormuz, with Houthi rebels in Yemen threatening a blockade of Saudi Arabia in the Red Sea, while Riyadh's forces joined with the US to hit targets in Iraq that are linked to Tehran-backed militants. Paul Sankey, founder at Sankey Research, discusses the Houthi and Saudi escalation and how it's affecting energy.

On this episode of Stock Movers: - Carvana (CVNA) is sinking after the online car retailer gave an annual adjusted Ebitda forecast with a midpoint below analyst estimates. - Chipotle (CMG) and Starbucks (SBUX) raised their guidance after stronger-than-expected quarters, with sales bolstered by new menu items and revamped loyalty programs. - Crocs (CROX) shares are sinking after a soft outlook for this quarter pointed to a weak second half, pushing some investors to sell following a big rally in the company's shares this year.