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Rivian Automotive (NASDAQ:RIVN) announced a new round of layoffs this week as the electric vehicle maker attempts to streamline operations and reduce costs.

WeRide (NASDAQ:WRD) has partnered with Uber (NYSE:UBER) to launch a commercial robotaxi service in the Greater Zurich Region in 2026.

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

SpaceX raised US$75 billion by selling about 555 million shares at US$135 each, valuing the company near US$1.8 trillion and making Elon Musk a paper trillionaire.

A US–Iran peace agreement to halt nearly four months of fighting, including in Lebanon, sent oil lower and global stocks higher as markets priced in a planned Friday signing.

Elon Musk’s net worth briefly hit about US$1.4 trillion, momentarily exceeding bitcoin’s roughly US$1.31 trillion market value after SpaceX shares jumped 67% above their IPO price.

Sarvam AI has become India's latest AI unicorn after raising $234M from investors including HCL Tech, Bessemer, and Khosla Ventures. Co-founder, Pratyush Kumar, joined Paul Allen on Insight with Haslinda Amin t

Spero Therapeutics (NASDAQ:SPRO) and GSK (NYSE:GSK) announced on June 17, 2026, that the FDA has granted approval for Utebzi, an oral antibiotic designed for adults with complicated urinary tract infections (cUTIs).

Despite Zhipu being the hottest stock on the HSTECH Index this year, Felix Wang of Hedgeye Risk Management says the fair value for the stock on the short side is HK$407. He adds that Zhipu lacks pricing power, particularly after the release of DeepSeek's V4 model, which has triggered a price war among Chinese AI firms. He spoke on "Bloomberg: The China Show."

Iran is set to receive broad financial incentives as part of its agreement with the US, including the right to sell oil immediately, according to a final draft of the deal. Bloomberg's Abeer Abu Omar reports from Dubai.

Aisa Ogoshi of JPMorgan Asset Management says "risk obviously is in the tech trade" due to the market concentration. But she adds that "there's more upside to the tech trade" in terms of the AI data center supply chain. Ogoshi also discusses the outlook for the Bank of Japan.

Parash Jain, Global Head of Transport and Logistics at HSBC, says shipping companies remain in "wait-and-see" mode as the Strait of Hormuz edges closer to reopening under a US Iran agreement. He notes the next 40 50 days will be critical in determining whether more vessels can pass through, as de-mining operations are still underway. He does not expect significant movement in the short term. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".