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Jeffrey Rosenberg, portfolio manager of the Systemic Multi-Strategy Fund at BlackRock, reacts to the April US jobs report as he sees a trade-off in the data between a strong headline number and weakness in income.

Ubiquiti (NYSE:UI) reported financial results for its fiscal third quarter, characterized by steady revenue performance and a commitment to shareholder returns through a newly declared cash dividend.

PGIM Fixed Income Executive Portfolio Advisor Michael Collins says this April jobs report locks in a stalemate at the Federal Reserve and means they are on hold for now. He speaks on "Bloomberg Surveillance."

US employers added 115,000 jobs in April, marking the first back-to-back advance in nearly a year, and the unemployment rate remained unchanged at 4.3%. Bloomberg's Michael McKee has our first read on the report.

AMC Global Media (NASDAQ:AMCX) reported a slight decline in first-quarter revenue as gains in its streaming business were offset by continued softening in the linear television market.

Telephone and Data Systems (NYSE:TDS) is seeking to consolidate its infrastructure holdings by absorbing Array Digital Infrastructure (NYSE:AD).

The US and Iran clashed overnight near the Strait of Hormuz and the Iranian army seized an oil tanker carrying a cargo of the Islamic Republic's oil. Iran's Ministry of Foreign Affairs released a statement Friday saying US action is accompanied by contradictory statements and misleading propaganda by senior officials. Tyler Kendall reports on Bloomberg Television.

US President Donald Trump's 10% global tariffs were declared unlawful by a federal trade court just months after the US Supreme Court vacated earlier levies he'd imposed. Brendan Murray has the details on Bloomberg Television.

SoftBank is scaling back plans for a $10 billion margin loan backed by its OpenAI stake after creditors voiced some hesitation. Matthew Bloxham of Bloomberg Intelligence has more.

Fluor (NYSE:FLR) reported a pivotal first quarter for 2026, characterized by high-velocity capital returns and a major cleaning of its balance sheet.

Christian Mueller-Glissmann, managing director for portfolio strategy and asset allocation at Goldman Sachs, discusses risk appetite amid US efforts to end the war in Iran. "A lot of the clients we speak to do very little in terms of taking a view on that conflict," Mueller-Glissmann tells Bloomberg Television. "They rather try to do tweaks and twists to the portfolio and focus on diversification."

Early results in the local elections showed Nigel Farage's populist Reform UK racking up sweeping gains over Prime Minister Keir Starmer's Labour. The results reaffirm a splintering of British politics that's seen the insurgent Reform and Green parties make up ground on the right and left. Bloomberg's Alex Morgan reports from London.