United Statesonweb

Seema Shah, Chief Global Strategist at Principal Asset Management, discusses the outlook for bond yields, equities pricing and Federal Reserve Policy. "It's gonna be important to watch how the bond yield market progresses," Shah says on Bloomberg Television. "From our perspective, though, we don't expect to see markets repricing Fed cuts."

Apollo and Blackstone are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic build out its AI infrastructure. The debt will be used to purchase Google's custom chips known as tensor processing units, or TPUs, which Anthropic will then lease, according to people with knowledge of the matter. Bloomberg's Neil Campling reports.

Gregory Peters, co-chief investment officer at PGIM Credit, says he sees "shock, after shock, after shock" in markets. "That leads to higher inflation," Peters says, adding this has an impact on central banks' interest-rate positioning. He speaks on Bloomberg Television.

Salesforce gave a revenue outlook for the current period that fell just short of analysts' estimates. Revenue will be about $11.3 billion in the fiscal second quarter, which ends in July, Salesforce said Wednesday. The leading maker of customer management software is under pressure to show it can thrive in the AI era. Bloomberg's Neil Campling reports.

Taiwan prosecutors suspect three individuals successfully smuggled at least one shipment of Nvidia AI chips to China after first exporting them to Japan, people familiar with the matter said. The trio was detained for allegedly falsifying documents related to exports of Super Micro Computer servers containing advanced Nvidia chips, which the US has barred from sale to China without a license. Bloomberg Intelligence's Matthew Bloxham breaks down the situation.

Russian airlines are circumventing US, European Union and UK sanctions by procuring aviation equipment via India, Turkey, the United Arab Emirates and Kazakhstan, among others, a Bloomberg investigation shows. Some spare parts were tracked by serial numbers as they journeyed from Western suppliers to intermediaries to Russian companies. Bloomberg News contacted parties involved in such deals, and several said they would no longer do business with each other or with Russia. Bloomberg's Kate Duffy reports.

Former BP Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company's version of events, deepening the turmoil around the UK oil major's latest leadership change. BP fired Manifold on Tuesday after eight months on the job, citing "serious concerns" related to "governance standards, oversight and conduct." Bloomberg's Mitchell Ferman has more.

For the past several months, the Civil Aviation Administration of China has delayed the final approval that allows Airbus jets to enter the country and be put into service, according to people familiar with the matter. The move signals impatience with how long European regulators are taking to certify Chinese-made aircraft. Bloomberg's Danny Lee reports.

Oil rebounded as fresh US military strikes in Iran clouded the outlook for an interim deal between Tehran and Washington to reopen the Strait of Hormuz. Stephen Stapczynski reports.

BlackRock Chief Investment Strategist Wei Li says artificial intelligence is driving a lot of the major earnings upgrades in equity markets. "We can look at AI lifting the whole market, but identifying where the bottlenecks are is a good active play," Li tells Bloomberg Television.