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Bloomberg
Financial

Meta's Muse Agent Makes Waves: Market Snapshot

Major banks, insurers and online travel agencies stocks took a tumble this week after Meta's new artificial intelligence agent, Muse rose to the top of Apple's app store. Increasing usage of the app sparked fears that personal AI tools could disrupt businesses that benefit from so-called consumer inertia. The Opening Trade spoke to guests about whether the latest AI developments are impacting their outlook for stocks and the broader sector amid an increasingly complex AI trade.

Leia mais: Meta's Muse Agent Makes Waves: Market Snapshot
Bloomberg
Financial

Trump-Xi Summit Small on Substance, Big on Pomp

US President Donald Trump's fete for his Chinese counterpart President Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements. The most significant news tied to the gathering materialized before it even began, as Treasury Secretary Scott Bessent said the two sides had extended a trade truce for another two months. Anticipated agreements on tariff cuts and a new line of communication on artificial intelligence have yet to surface. Bloomberg's Rebecca Choong Wilkins reports.

Leia mais: Trump-Xi Summit Small on Substance, Big on Pomp
Bloomberg
Financial

US, Iran Said to Be Exploring Phased Hormuz Deal

US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, according to a person familiar with the matter. A sequenced deal would be similar to the memorandum of understanding that the US and Iran struck in mid-June. Bloomberg's Stuart Livingstone-Wallace reports.

Leia mais: US, Iran Said to Be Exploring Phased Hormuz Deal
Bloomberg
Financial

Savor CEO on Producing Fats & Oils From Carbon Sources

Savor CEO Kathleen Alexander explains how the company builds fats and oils molecule by molecule from carbon-based inputs, aiming to reduce reliance on traditional agriculture while matching the taste and functionality of conventional fats. She discusses Savor's pilot production, commercial partnerships, and why the company sees supply-chain resilience and sustainability as major opportunities.

Leia mais: Savor CEO on Producing Fats & Oils From Carbon Sources