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Decentralised finance mobile platform Legend said it will shut down after roughly two years of operation as the broader crypto market downturn continues to pressure digital asset startups.

Siemens CEO Roland Busch discusses the outlook for orders, profit guidance and supply chain "uncertainties" stemming from the war in the Middle East. Speaking on Bloomberg Television, he also discusses artificial intelligence regulation in Europe and plans for a 6 billion ($7 billion) share buyback.

Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter. The Claude maker is in discussions to raise the new capital at a valuation of more than $900 billion, not including the investment, said the people. Bloomberg's Neil Campling reports.

Crypto investment firm 21Shares recorded $1.2 million in net inflows after its Hyperliquid ETF began trading on Nasdaq on Tuesday.

Digital asset platform Bakkt reported a first-quarter net loss of $11.7 million as crypto services revenue plunged 77% amid weaker digital asset trading activity.

Ethereum liquid restaking platform Kelp DAO said it has burned 117,132 rsETH tokens linked to April’s exploit as part of a recovery plan aimed at restoring withdrawals and stabilising the protocol.

Oil shipments from Iran's main export terminal appear to have come to a standstill over the past several days. European satellite imagery compiled by Bloomberg shows there were no ocean-going oil tankers observed at Kharg Island on May 8, 9 or 11. If Kharg Island were to remain idle, it would increase the pressure on the country's remaining storage facilities. Bloomberg's Stuart Livingstone-Wallace reports.

The Commodity Futures Trading Commission backed prediction market platform Kalshi in its legal battle with Ohio, arguing the state is improperly attempting to regulate federally overseen derivatives markets.

Nvidia co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition to the trip, thrusting AI and technology into the spotlight before the high-stakes summit. Other US leaders on the trip include Apple's Tim Cook, Tesla's Elon Musk, Boeing's Kelly Ortberg and Goldman Sachs' David Solomon. Bloomberg's Minmin Low reports from Beijing.

Moody's Ratings said major US banks and financial market intermediaries increasingly expect tokenised assets and digital money to become a core part of the financial system over time.

MobiKwik has reported a second consecutive profitable quarter, highlighting stable payments margins despite zero fee UPI transactions and ongoing investments in new businesses. The company says this reflects a key inflection point in its growth and profitability journey. Upasana Taku, Co Founder, Executive Director and CFO of MobiKwik, talked more about her outlook for the company on Bloomberg's Insight with Haslinda Amin.

Carnegie Endowment for International Peace Senior Fellow Michael Pettis discusses his outlook for the summit between Chinese President Xi Jinping and US President Donald Trump. He also offers insights on the challenges of rebalancing trade. He speaks with Haslinda Amin on "Insight with Haslinda Amin."