Finance

Asian Stocks Set to Fall on Fresh US-Iran Clashes: Markets Wrap
Asian stocks were poised for losses on Thursday as renewed clashes between the US and Iran added strain to a fragile ceasefire, while pushing oil prices higher.

Oil Holds Three-Day Gain as Iran-US Clashes Lower Deal Prospects
Oil steadied after three days of gains as the US and Iran exchanged strikes, threatening the prospects of a peace deal that would reopen the Strait of Hormuz.

Energy Companies 'Weren't Prepared' For AI Data Center Boom Says NRG's Caroline Golin
Caroline Golin, chief growth and policy officer at NRG Energy, said that AI expansion has outpaced the infrastructure necessary to power it and that energy companies 'weren't prepared' for the opportunity in front of them as the US data center buildout ramps up even further. Desp

SpaceX pitches investors $1.8tn valuation in historic IPO
Rocket and AI group is seeking to raise up to $86bn in biggest Wall Street debut of all time

Glazer Family Members Are Studying Manchester United Stake Sale
Some members of the billionaire Glazer family have been debating whether to sell their stake in Manchester United FC, after more than 20 years of ownership that has often been blighted by fan protest, people familiar with the matter said.

New Fed Beige Book Survey Shows Inflation Up Across Most Districts, Steady Employment
Stuart Paul, US and Canada economist for Bloomberg Economics, and Tom Keene, co-host of Bloomberg Surveillance, broke down the information out of the Fed's Beige Book Survey as the Fed reported inflation up across most districts, with costs rising due to conflict with Iran. On t

OpenAI y Anthropic alistan sus OPI que podrían redefinir el mercado de la inteligencia artificial
Dos grandes de la IA tienen la mirada puesta en los mercados bursátiles, pero algunos se preguntan si la salida a bolsa de SpaceX, prevista para junio, les va a robar el protagonismo.

SpaceX wins tax exemption for $55bn AI chip plant despite local backlash
Elon Musk’s Terafab plant sparks fierce opposition and threat of legal action from residents of Texas county

Senior official from Germany’s AfD meets top Kremlin associates
Executives hold talks with far-right party, which leads German polls and supports restarting gas flows through Nord Stream

Bessent says US inflation jump will be ‘short-term blip’
Treasury secretary defends Donald Trump’s economic record amid mounting frustration over Iran war

Trump’s Iran war drains US oil stocks to lowest level since 2004
Industry warns prices could soon jump as inventories reach ‘critically low’ threshold

Europe’s tightrope walk on tech sovereignty
EU should be wary of curbing access to US providers as it tries to nurture its own

Inotiv, Breeder of Laboratory Animals, Files For Bankruptcy
Inotiv Inc., which breeds dogs and imports monkeys that are used in drug experiments, filed for bankruptcy in part on what it blamed are tighter rules on its US canine farm and tariffs on non-human primates raised in China.

Inside Alexandr Wang’s bid to revive Meta’s AI edge
Muse Spark model has brought momentum, but doubts linger over whether billionaire prodigy can close the gap with rivals

A guide for the perplexed on AI
Should we think of this technology as boon, bane or bubble?

QXO Gets Better Terms on Buyout Debt After Strong Demand
QXO Building Products Inc. saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild Corp., which attracted more than three times the amount of demand from investors.