US and Iran Reach Deal to Extend Truce, Axios Reports
Iran and the US have reached a deal to extend a truce and work toward an agreement to end the war, Axios reported, sending oil prices lower. Tyler Kendall reports on "Bloomberg Open Interest."
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Iran and the US have reached a deal to extend a truce and work toward an agreement to end the war, Axios reported, sending oil prices lower. Tyler Kendall reports on "Bloomberg Open Interest."
On this episode of Stock Movers with John Tucker: - Apple (APPL) is moving on news the next iPhone, iPad and Mac software updates will feature a revamped Siri interface and a new chatbot-style app. The new Siri will include features such as the ability to understand personal data and analyze on-screen content, a rebuilt model using Google Gemini technology, and AI-powered web search. - Caesars Entertainment (CZR) shares are on the move as the company agreed to be bought by Fertitta Entertainment Inc. in a $5.7 billion, all-cash deal. Caesars shareholders will get $31 a share in cash, which represents a 49% premium over Caesars' stock price on Feb. 25. - Snowflake (SNOW) is soaring after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.'s cloud services and chips.
Snowflake Inc. shares jumped after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon's cloud services and chips. Snowflake CEO Sridhar Ramaswamy speaks to Bloomberg's Matt Miller and Caroline Hyde about the results and how it will work with Amazon.
Newegg Commerce (NASDAQ:NEGG) reported a profitable turnaround for the first quarter of 2026, showcasing improved operational leverage and cost-containment measures that allowed the company to reverse a prior-year loss despite an ongoing contraction in top-line retail sales.
Federal Reserve Vice Chair Philip Jefferson says he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off but cautions that inflationary risks remain tilted to the upside. He speaks at a conference hosted by the Bank of Japan in Tokyo.
Federal Reserve Bank of New York President John Williams says the answer to whether a lift in productivity will ultimately impact interest rates and the central bank's policymaking is, "unsurprisingly, it depends." Williams spoke Thursday at a central banking conference in Iceland.
Miriam Wheeler, Goldman Sachs global head of leverage finance, says investors are focused on hard assets associated with the infrastructure buildout of artificial intelligence and this is a "generational opportunity." Wheeler says power demand for data centers will double over the next few years. She speaks to Dani Burger on Bloomberg Open Interest.
Seanergy Maritime (NASDAQ:SHIP) reported a sharp acceleration in first-quarter earnings, driven by a significant expansion in its top-line revenue and optimal market conditions for its heavy-capacity dry bulk vessels.
Toro Corp. (NASDAQ:TORO) reported a decline in first-quarter net income as escalating operational costs outpaced top-line growth, though the shipping company leveraged its robust liquidity reserves to clear a new credit line and push through massive cash payouts to equity holders.
Robin Vince, CEO at BNY, describes himself as an "AI optimist" as he explains how the technology fits into the firm's plans over the next five years.
Eli Lilly (NYSE:LLY) announced a major commercial milestone for its metabolic health franchise, securing comprehensive formulary placement from the three largest pharmacy benefit managers (PBMs) in the United States to cover its entire obesity medicine portfolio.
US consumer spending edged up in April, as inflation-adjusted consumer spending rose 0.1% last month, with annual inflation accelerating to the highest level since 2023 on increased energy prices. Michael McKee breaks down the data on Bloomberg Television.
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