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Acadia Pharmaceuticals (NASDAQ:ACAD) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has adopted a positive opinion recommending marketing authorization for DAYBU (trofinetide) for the treatment of neurobehavioral symptoms of Rett syndrome in adults and pediatric patients aged five years and older.

SoftBank Group's stock tumbled the most since August 2024 after reports that OpenAI may hold off on an initial public offering until next year, delaying returns for its Japanese backer. Neil Campling reports on Bloomberg Television.

Apogee Enterprises (NASDAQ:APOG) reported net sales of $342.7 million for the first quarter of fiscal 2027 ended May 30, 2026, a decrease of 1.1% from the prior-year period.

SpaceX (NASDAQ:SPCX) is set to join FTSE Russell U.S. indexes after the close of trading on Friday as part of the semi-annual reconstitution.

BHP (NYSE:BHP) announced updates to its executive leadership team as incoming CEO Brandon Craig prepares to assume the role on July 1, 2026.

Volkswagen is looking to cut tens of thousands of additional jobs and may shutter factories in a push by CEO Oliver Blume to make Europe's biggest automaker more competitive, according to a report in Manager Magazin. Bloomberg's Elisabeth Behrmann has more.

Christian Mueller-Glissmann, managing director for portfolio strategy and asset allocation at Goldman Sachs, discusses the tech selloff and why he thinks it could make sense to diversify away from semiconductor makers and lean more toward hyperscalers. "These are incredibly cyclical companies," Mueller-Glissmann tells Bloomberg Television. "So to some extent, it could make sense to diversify a bit away from them."

Johannesburg halted some essential services because it can't pay for fuel. The crisis adds to the financial woes of a metropolis of 4.8 million people, with the municipality mired in corruption scandals and unable to provide basic services. Bloomberg's Jennifer Zabasajja reports from Johannesburg.

AerCap (NYSE:AER) delivered the first of three new Airbus A321neo aircraft to Azerbaijan Airlines, marking the aircraft type’s entry into the carrier’s fleet.

Italy’s antitrust authority said it has opened an investigation into Microsoft (NASDAQ:MSFT) over alleged unfair commercial practices linked to price changes in Microsoft 365 subscriptions.

Crude oil prices fell on track for a weekly loss as shipping activity in the Strait of Hormuz showed signs of recovery and tanker traffic increased.

Anna Edwards, Tom Mackenzie and Ven Ram break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."