Elon Musk's staff working on his envisioned Terafab joint venture between Tesla Inc. and SpaceX have reached out to chip industry suppliers seeking price quotes and delivery times for chipmaking gear. Ed Ludlow reports on Bloomberg Television.
Kering CEO Luca de Meo discusses the impact of the war in the Middle East on sales, the firm's partnership with ICCF, the Chinese owner of Icicle, and Demna's role as creative director of Gucci. Demna is "one of the greatest of his generation," de Meo says. "He has now in his hands one of the most beautiful brands in the sector, so I'm pretty optimistic that everything will work," he adds. De Meo speaks to Bloomberg's Caroline Connan in Florence, Italy.
Applications for US unemployment benefits decreased by 11,000 to 207,000 last week, indicating that layoffs remain largely limited. Enda Curran reports on Bloomberg Television.
Bob Lee, a beloved tech executive best known for creating Cash App, was found stabbed in the streets of San Francisco. His death set off a wave of online fury. Rumors and misinformation ran rampant, with tech leaders like David Sacks and Elon Musk loudly disparaging the city for out of control crime. What really happened? Listen to Foundering.
Gargi Chaudhuri, chief investment and portfolio strategist Americas at BlackRock, says her firm is telling investors to go back to focusing on an AI growth theme and to add inflation protection to their portfolios.
Radiopharm Theranostics (NASDAQ:RADX), a developer of a world-class platform of radiopharmaceutical products, today announced it has completed enrollment in its U.S. Phase 2b imaging trial of RAD 101 (18F-FET).
Atlantic International (NASDAQ:ATLN) announced its financial results for the fourth quarter and full year ended December 31, 2025, alongside the transformative completion of its acquisition of Circle8.
Main Street Capital (NYSE:MAIN) provided a preliminary look at its first-quarter 2026 performance today, indicating continued growth in its intrinsic value.
Robert McNally, founder and president at Rapidan Energy Group, is "cautiously optimistic" on getting to a better outcome for oil flows through the Strait of Hormuz.
Renault CEO Francois Provost discusses the company's engineering transformation and plans for the Indian market. "Now it's time to boost up again outside Europe," Provost tells Bloomberg. "India is my first priority," he adds. The carmaker CEO also discusses engineering transformation, which he calls the company's "biggest challenge." He speaks with Bloomberg's Alisha Sachdev.
Insteel Industries (NYSE:IIIN), the nation's largest manufacturer of steel wire reinforcing products for concrete construction, today reported financial results for its second fiscal quarter ended March 28, 2026.
Oil contracts remain about a third higher than before the war with Iran but are well below peaks seen in the opening weeks of the conflict. Will Kennedy examines the oil futures curve and physical pricing of barrels on Bloomberg Television.
