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President Donald Trump appointed tech industry leaders including Mark Zuckerberg of Meta, venture capitalist Marc Andreessen, and Nvidia CEO Jensen Huang to a new presidential technology council that will focus on artificial intelligence policy and other science-related issues. David Sacks, Craft Ventures partner and co-chair of the President's Council of Advisors on Science and Technology, joins Ed Ludlow on "Bloomberg Tech."

Speaking at a Cabinet meeting at the White House, President Trump says Iran gave him a present of allowing 10 boats of oil to sail through the Strait of Hormuz.

President Donald Trump criticizes Federal Reserve Chair Jerome Powell over the Fed building renovation costs during a Cabinet meeting at the White House.

President Donald Trump says he's disappointed NATO did not cooperate with military operations in Iran. He speaks during a Cabinet meeting on Thursday.

Tensions are rising fast in the Middle East as President Trump threatens more military action against Iran.  Dana Stroul, Director of Research at the Washington Institute and former Deputy Assistant Secretary of Defense for the Middle East, joined Bloomberg Open Interest. She says Iran sees US military buildup as a push toward ground war and not real negotiations. She also warns the Strait of Hormuz disruption is already shaking global trade, with Gulf states increasingly aligned with the US and open to supporting further action.

Speaking at a Cabinet meeting in the White House, President Donald Trump says he might have to take "drastic measures" to end the lengthy shutdown at the Department of Homeland Security.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion. - Meta Platforms Inc. and Alphabet Inc.'s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight thousands of similar claims. - Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.

Brad Bernstein, Managing Partner at FTV Capital, joins Paul Sweeney and Tom Keene to discuss how AI exuberance is driving both dislocation and opportunity. Bernstein says with AI, we're in the early innings of a major platform shift similar to cloud or mobile, but with much more uncertainty around how it will play out.

Wall Street bonuses hit a record $49.2 billion, with average payouts nearing $247, 000. This comes just as geopolitical tensions threaten what comes next. Bloomberg Finance Reporter Katherine Doherty joined Bloomberg Open Interest to talk about the report and why 2026 could be a different story altogether.

President Donald Trump threatened Iran with intensified military action in a social media post Thursday, saying Iran had "better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK." Annmarie Hordern reports on Bloomberg Television.