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Sequoia Capital has raised about $7 billion for a new fund, according to people familiar with the discussions. It is the first fresh fundraising under the new leadership of one of the largest and most prominent venture capital firms. Bloomberg's Natasha Mascarenhas discusses with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Natasha Hall, associate fellow at Chatham House, said that despite positive reaction to the announcements from the US and Iran, the ceasefire is very fragile and there are many complex details still to be worked out. Hall said that there are potential 'spoilers' that could emerge in negotiations as Iran considers nuclear restrictions and its newfound economic power via the Strait of Hormuz.

Anthropic CEO Dario Amodei is set to meet with White House Chief of Staff Susie Wiles on Friday, according to reports. The meeting comes amid concerns its artificial intelligence model, Mythos, could increase cybersecurity risks. Bloomberg's Mike Shepard breaks joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Netflix shares tumbled the most in four years after the company gave a forecast for the second quarter that fell short of analysts' expectations. Bloomberg's Lucas Shaw and Wedbush Securities Senior VP Alicia Reese discuss the "overhang" of the aborted Warner Bros. Discovery deal and more with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

President Donald Trump said in a phone interview on Friday that Iran agreed to suspend its nuclear program indefinitely and will not receive any frozen funds from the US in exchange for the move. Tyler Kendall reports on Bloomberg Television.

President Donald Trump says Iran is removing sea mines from the Strait of Hormuz. He also says NATO is now offering to help secure the waterway. Bloomberg's Alaric Nightingale reports.

Federal Reserve Bank of San Francisco President Mary Daly says leaving rates unchanged would still restrain inflation and both long- and medium-term inflation expectations are well-anchored during remarks at UC Berkeley.

Federal Reserve Bank of San Francisco President Mary Daly says it is too early to know whether the war in Iran will create a long-term economic shock during remarks at UC Berkeley.

Iran said it would open the Strait of Hormuz for the duration of a 10-day ceasefire between Israel and Hezbollah in Lebanon, increasing the prospect of an agreement to end the wider war in the Middle East.

Federal Reserve Bank of San Francisco President Mary Daly says the war in Iran and the resulting oil price shock have made the path of Fed policy uncertain during remarks at UC Berkeley.

Nik Storonsky, Revolut co-founder and CEO, said he wants to take the London-based digital bank public, but not until at least 2028, extending the timeline on one of Europe's most anticipated offerings. "Two years away," Storonsky said regarding a potential initial public offering in an interview with David Rubenstein for an upcoming episode of "The David Rubenstein Show: Peer to Peer Conversations."

Nuclear energy is heading to space, and fast. Oklo CEO Jake DeWitte joined Bloomberg Open Interest to explain why nuclear power is the only viable solution for lunar bases and deep space missions, how US policy is accelerating development, and why falling behind rivals like Russia and China could shape the future of space dominance.