Avsnitt
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) US President Donald Trump keeps repeating that the Strait of Hormuz — through which one fifth of the world’s oil and liquefied natural gas supplies normally flow — will reopen by Friday.But on the sidelines of the Group of Seven summit, where Iran likely dominated Monday’s dinner conversation, it’s clear that his European allies don’t share his optimism. They disagree that trade can resume by week’s end, like Trump promised, and have practical questions about what exactly was agreed before they can commit to de-mining missions and patrols.
2) The UK announced new sanctions on what it said was a Russian intelligence network that has been acquiring Western technology for its military to use in Ukraine, as well as a further clampdown on its shadow fleet and illicit finance programs. Britain’s Foreign Office said it was exposing a front company called LLC Neptune Co Ltd, which it said was controlled by Russia’s military intelligence agency, the GRU, and was involved in covertly procuring Western technology for the country’s military.
3) SpaceX shares surged in premarket trading, putting the stock on track to extend a rally following its blockbuster debut last week. The shares rose 11% in New York, poised to build on the more than 40% gain across SpaceX’s first two sessions as a public company. The gains have lifted the market value of the rocket and AI company founded by Elon Musk above $2.5 trillion as of Monday’s close, bringing it within striking distance of Amazon.com Inc.’s nearly $2.7 trillion valuation.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for negotiations on the fate of Tehran’s nuclear program. Officials from the two countries will meet in Switzerland to formally sign the agreement, with key sticking points left for the next stage of talks, including the removal of sanctions and financial incentives for Iran. The agreement could bring peace and security to the region, but its details remain unresolved, and both sides are casting the deal in different lights, underscoring the difficulties that may lie ahead in resolving outstanding issues.
2) Inflation is roaring back at the fastest pace in three years, and investors have been dumping US Treasury bonds and piling into bets the Fed will need to start raising rates by December. Federal Reserve Chairman Kevin Warsh is facing an unusually high-stakes test in his first FOMC meeting as Fed chair, with his maiden press conference and the Fed's post-meeting statement and forecasts to be scoured for clues on what's next. Warsh's commitment to maintaining the bank's political independence will be reassured if he sends a convincing message that the Fed is willing to shift back into inflation-fighting mode, but falling short will rattle markets already worried he could jeopardize the Fed's credibility.
3) SpaceX shares jumped in premarket trading Monday, after its blockbuster debut Friday vaulted it into the ranks of the world’s most valuable public companies. The performance helped bolster confidence in the artificial intelligence rally, following SpaceX’s embrace of AI earlier this year with the acquisition of Musk’s xAI. It also boosted the IPO prospects of Anthropic PBC and OpenAI, both of which plan go public themselves.
See omnystudio.com/listener for privacy information.
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Saknas det avsnitt?
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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to the next FOMC decision, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to a high stakes UK election and Bank of England decision. In Asia – a look ahead to a monetary policy decision from the Bank of Japan.See omnystudio.com/listener for privacy information.
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Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s empire into one of the most valuable public companies in the world.
The stock climbed as high as $176.52, or 31% above its offering price, less than two hours after the shares started trading shortly before noon in New York. The jump in price turned Musk into the world’s first trillionaire and sent the company’s market capitalization above $2 trillion.
For instant reaction and analysis, Bloomberg's Kailey Leinz speaks with:
Yahaira Anand, Bloomberg Television Reporter Craig Trudell, Bloomberg News Managing Editor of Global Business Coverage Ed Ludlow, Bloomberg Tech co-hostSee omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz, according to senior officials. A deal is likely to take the form of a memorandum of understanding, and Geneva is being considered as a potential location for the signing. An Iranian foreign ministry spokesman said "we have not yet reached a conclusion on this matter", despite reports of progress toward ending the war.
2) SpaceX made history with a $75 billion IPO and now needs the market's validation of its ambition to dominate AI and carry humans to the moon and Mars. The company's IPO was more than four times oversubscribed, and indications are that SpaceX shares could open with a pop of at least 35% on its first day of trading. The trading will determine whether Elon Musk becomes the world's first trillionaire and will also affect the prospects for initial public offerings from SpaceX's AI rivals Anthropic PBC and OpenAI.
3) The New York Knicks are on the cusp of winning the NBA finals, and SpaceX is poised to go public in the biggest IPO in history. The NBA finals have had a significant economic impact, with high ticket prices and increased merchandise sales, and ratings are higher than they've been in decades. The SpaceX IPO could have a significant market impact, with investors having mixed views on the company's valuation and potential for growth in the AI sector.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The New York Knicks came from 29 points down to beat the San Antonio Spurs 107-106 in Game 4 of the NBA Finals, taking a 3-1 lead in the series. The Knicks' win was capped off by OG Anunoby's tip-in with 1.2 seconds remaining, which followed a long 3-point shot by Jalen Brunson that bounced off the front of the rim. The Spurs had led 81-52 in the third quarter, but the Knicks outscored them 58-30 in the second half to complete the record-breaking comeback.
2) President Trump said he will continue bombing Iran if it refuses to agree to an interim peace deal, following a second night of clashes between the countries’ forces. Iran retaliated by firing on US bases in Kuwait, Bahrain and Jordan, and said the Strait of Hormuz would be closed to all types of vessels. Trump ordered multiple strikes, including around 50 Tomahawk missiles, which Central Command described as “self-defense strikes,” in a signal that Trump wants to avoid restarting a full-on war.
3) US inflation accelerated in May to the fastest pace in more than three years as the Iran war pushed up energy prices, outstripping Americans’ pay gains. Still, President Trump sought to downplay the CPI data, calling the figures “great” and suggesting fuel costs would be even higher if not for US efforts to get oil shipments out of the Strait of Hormuz. “You know what I really love? I love the inflation,” Trump said Wednesday. That’s because once the war is over “it’s going to come down like a rock.”See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran exchanged strikes overnight after President Trump retaliated against Tehran for shooting down an American Apache helicopter. The US military said it had completed an operation that saw fighter jets strike Iranian air defenses, ground control stations, and radar sites near the Strait of Hormuz. Iran launched missiles on four American targets and fired drones at the US's main naval base in the Middle East, with no immediate reports of casualties in any of the attacks.
2) Progressive Democrat Graham Platner won the party's Senate primary in Maine with about 72% support. Platner's campaign was marked by accusations of past misbehavior, including a Nazi symbol tattoo and disturbing behavior towards ex-girlfriends, which he has denied or acknowledged as mistakes. Platner will face Republican incumbent Susan Collins in the November Senate race, which Democrats consider crucial to reclaiming the chamber. Incumbent Lindsey Graham, who was endorsed by President Trump, is projected to win the Republican Senate primary in South Carolina, according to DDHQ. Representative Nancy Mace, once a close Trump ally, finished in last place in the state's gubernatorial race, saying her support for releasing the Epstein files is why she lost. Trump-backed Pamela Evette, South Carolina's lieutenant governor, and state attorney general Alan Wilson advanced to a runoff.
3) Microsoft co-founder Bill Gates is set to appear*behind closed doors before the House panelinvestigating Jeffrey Epstein. Gates has reportedly been getting some help from Jake Greenberg, who, according to the New York Times, was spearheading the oversight panel's Epstein inquiry until December. The Gates Foundation, which has launched an external review of Gates' ties with Epstein, told the Financial Times that it regretted "having any employees interact with Epstein in any way." Gates has not been charged with anything and has called his relationship with Epstein a "huge mistake" and denied any wrongdoing.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump renewed his claims of momentum toward ending the conflict with Iran after a halt to hostilities between Israel and Iran. Iran and Israel agreed to halt strikes on each other following a flare-up that saw both countries launch waves of ballistic missiles, with a ceasefire in place for about two months. Trump told reporters that "we're in the final throes of what will be a very, very good deal" and that they "could have at least an idea one or two days from now" about the deal.
2) The race for California governor is on track for a two-person runoff in November between Xavier Becerra and Steve Hilton. Becerra took first place in the primary with more than 27% of the vote, while Hilton was in second at 25%, according to a tally by Decision Desk HQ. The runoff sets up a showdown along party lines for the governorship of the nation’s most populous state, with Becerra vowing to tackle California’s affordability crisis and Hilton campaigning on criticizing Democratic power in California.
3) The New York Knicks lost their first home NBA Finals game at Madison Square Garden since 1999, with a 115-111 loss to the San Antonio Spurs. Tickets for the game were priced as high as six figures, with demand so high that secondary market tickets reached well into the thousands. The game was attended by notable figures including President Donald Trump, New York City Mayor Zohran Mamdani, and celebrities such as Spike Lee, Jay-Z, and Jon Stewart.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Israel and Iran exchanged missile strikes on Monday despite President Trump’s calls for both sides to stop fighting and give peace talks a chance. Iran launched a fresh wave of attacks just hours after firing ballistic missiles at Israel on Sunday. Israel responded with strikes on military targets in western and central Iran, while Iranian state media reported multiple explosions in the capital, Tehran.
2) The Houthis, an Iran-backed militant group that controls much of Yemen, declared a ban on Israeli ships in the Red Sea, threatening a key bypass route to the Strait of Hormuz. “We declare a complete and total ban on Israeli maritime navigation,” the group said Monday in a statement. “We consider all enemy movements to be legitimate military targets for our armed forces.” The move comes as the Iran war drags into a fourth month and hostilities flare across the region, threatening to derail a fragile truce and complicate negotiations toward a peace deal. The conflict has led to the near-closure of Hormuz, forcing key Middle Eastern exporters to find alternative routes to global markets.
3) The Secret Service and the New York Police Department barred outdoor watch parties planned near Madison Square Garden for Game 3 of the NBA Finals on Monday night, citing security requirements tied to President Donald Trump’s planned attendance. The ban applies only to Game 3, with officials expecting the New York City watch parties to resume for Game 4. Matt McCool, special agent in charge of the Secret Service’s New York field office, said the two agencies jointly determined that outdoor gatherings near the arena could not be safely accommodated.See omnystudio.com/listener for privacy information.
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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to U.S CPI and PPI data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to London tech week. In Asia – a look ahead to China PPI and CPI data.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) There was no sign of progress in ceasefire talks between the US and Iran after the worst burst of violence in weeks. President Trump said ceasefire talks are in the “final” stages, while Iran’s foreign minister said the negotiations had stalled. Hezbollah militants rejected a US-brokered truce in Lebanon, with its chief calling the deal “absurd” and refusing to link its presence in Lebanon with stopping the war.
2) The Senate passed a $69.5 billion bill to fund two immigration enforcement agencies over three years, resolving a months-long dispute. The bill includes $26 billion for Customs and Border Protection, $38.5 billion for Immigration and Customs Enforcement, and $5 billion for additional border support. The bill now heads to the House for a vote before being sent to President Donald Trump's desk for his signature.
3) Russian President Vladimir Putin pushed back at prospects for European leaders to help negotiate an end to his war in Ukraine, dismissing them as mediators. Putin reiterated that he’d reached an agreement with President Trump on what he said was a compromise peace deal at their summit in Anchorage, and that EU states could play a role in ending the war by convincing Kyiv to agree to compromises. Ukrainian President Volodymyr Zelenskyy issued an open letter to Putin calling on him to meet directly to settle the war, and said that both Europe and the US should be part of the process of ending the war.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Iran said there had been no recent progress in talks with the US over an interim peace deal, while fighting persisted in Lebanon despite Washington’s declaration of a ceasefire between Israel and the country.Iranian Foreign Minister Abbas Araghchi said late Wednesday that “no tangible progress has been achieved in the negotiation process” with the US, according to the semi-official Tasnim news agency.
2) US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in Iran in response. The exchange followed days of Israeli military escalation against Iran-backed Hezbollah in Lebanon, prompting a phone call between President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. Tensions remain high after the US attacked Iranian radar and command-and-control sites, with Iran trying to target an air base in retaliation and the US and Israel having different ideas about what an end to the war should look like.
3) The New York Knicks' winning streak lives on, and they struck first in the NBA Finals.Jalen Brunson scored 30 points, Karl-Anthony Towns finished with 18 points and 12 rebounds, and the Knicks erased a 14-point second-half deficit to beat the San Antonio Spurs 105-95 in Game 1 of the finals on Wednesday night.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) We wrap a number of major primary elections across the country. Republican Steve Hilton and Democrat Xavier Becerra surged to the top of California’s crowded gubernatorial primary, with billionaire Tom Steyer trailing in the contest. In Los Angeles mayor's race, incumbent Karen Bass has been forced into a runoff and could face Republican Spencer Pratt, who is leading second place. In a New Jersey House district which could prove key for Republicans holding their majority in November, former Navy helicopter pilot Rebecca Bennett is projected to win the Democratic primary.
2) US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in Iran in response. The exchange followed days of Israeli military escalation against Iran-backed Hezbollah in Lebanon, prompting a phone call between President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. Tensions remain high after the US attacked Iranian radar and command-and-control sites, with Iran trying to target an air base in retaliation and the US and Israel having different ideas about what an end to the war should look like.
3) The US is proposing a new tariff of at least 10% on imports from 60 trading partners, following an investigation into how trade partners handle goods allegedly produced by forced labor. A 10% tariff rate would apply to imports from Canada, Mexico, the European Union, Taiwan and the UK, among other places, while products from other major economies, including China, India, Japan, South Korea, Brazil and Switzerland, would be subject to a 12.5% levy. The levies won't go into effect immediately and are subject to a public comment and review period before implementation, which could result in changes before any duties are codified, with written comments due by July 6 and public hearings beginning on July 7.
4) CBS News fired 60 Minutes correspondent Scott Pelley after he confronted his new boss at an internal meeting on Monday. Pelley had questioned the qualifications of Nick Bilton, who was appointed to lead the CBS newsmagazine, and accused CBS News Editor-in-Chief Bari Weiss of “murdering” the program. Pelley said the leadership of 60 Minutes is "no longer recognizable" and that the principles he holds dear are gone, which is why he must leave.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump says he thinks the US can reach an interim peace deal with Iran soon, with discussions continuing "at a rapid pace." Iran's negotiators are discussing their "final text" to send to the US, but are wary of the US due to previous breached pledges. A ceasefire in Lebanon is a key part of the potential memorandum of understanding between the US and Iran, with Iran insisting on a stop to fighting as part of the deal.
2) The White House will reduce tariffs on agricultural equipment, such as combines and harvesters, to reduce costs for US farmers and manufacturers. The tariffs would drop to 15% from 25%, with a lower 10% duty rate possible if capital equipment contains at least 85% US steel or aluminum. The concession takes effect June 8 and would run through the end of 2027, according to a White House fact sheet.
3) The Trump administration's plans to scrap a $1.8 billion legal fund for victims of alleged government "weaponization" have been met with skepticism from Republican senators. The fund was created as part of a settlement resolving the president's lawsuit against the IRS over the 2019 leak of his tax information, and was intended to compensate those alleging they were victims of politically motivated investigations or legal action. Several Republican senators have demanded public assurances that the fund is dead, with Senate Majority Leader John Thune saying "that would be the ideal outcome" and that the administration should make clear the fund won't be established.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran traded messages over the weekend seeking changes to a draft agreement that would extend a ceasefire and open the Strait of Hormuz, but it was unclear whether the sides were making much progress. As the diplomatic exchanges continued, Israel expanded its ground assault in Lebanon, shattering a brittle truce with its northern neighbor. President Trump said his proposed deal states clearly “that Iran will not have a Nuclear Weapon,” according to a post on Truth Social. Trump hadn’t spoken on the subject of Iran since a White House Situation Room meeting Friday in which he said he expected to announce an agreement. In a social media post earlier that day, he reiterated his demands, including that Iran suspend its nuclear program and fully restore the strait to its earlier status as a free, international waterway. The semi-official Tasnim news agency, which has close ties to the Islamic Revolutionary Guard Corps, said Sunday that both sides continued to propose amendments, but noted that the US and Iran could ultimately reject the changes, causing the deal to collapse.
2) Oil rose from a six-week low amid uncertainty over the outlook for a peace deal to end the war in Iran. Brent advanced to around $93 a barrel after closing at its lowest since mid-April on Friday, while West Texas Intermediate rose to near $90. The US and Iran traded messages over the weekend seeking changes to a draft agreement that would extend a ceasefire and open the Strait of Hormuz, but it was unclear if the sides were making much progress. The standoff follows a bout of optimism that some form of peace agreement would be reached — and that energy flows would resume through the Strait of Hormuz — that had caused the first monthly drop in crude prices this year. Brent is still up more than a quarter since the war started at the end of February, as the near-total closure of the vital waterway causes unprecedented turmoil in oil markets.
3) Nvidia is entering the personal computer market with a new chip aimed at loosening Intel’s long-standing stranglehold on the sector and modernizing machines for the artificial intelligence era. Starting this fall, the new RTX Spark Superchip will debut in premium laptop and desktop computers from leading brands, including Dell and Lenovo, Chief Executive Officer Jensen Huang announced during a keynote speech at the Computex trade show in Taiwan. Huang also announced that next-generation Vera central processing units will enter full production in the third quarter of this year, marking the company's first standalone data center microprocessor.See omnystudio.com/listener for privacy information.
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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to the May jobs report, along with a focus on three stocks for the week ahead. In the UK – a look ahead to what comes next in the Ukraine war following fresh EU funds to Ukraine. In Asia – a look ahead to Australia GDP data.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran’s nuclear program, according to a person with knowledge of the matter. Vice President JD Vance said the US and Iran are “going back and forth on a couple of language points,” including over issues relating to Tehran’s nuclear capabilities, and that Iran appears to be negotiating in good faith. The US Treasury Secretary reiterated President Trump’s three “red lines” — reopening the Strait of Hormuz, Iran surrendering highly enriched uranium and ending its nuclear program — remain in place.
2) Dell shares soared in extended trading after the company gave an outlook for annual sales that far surpassed analysts’ estimates. Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, according to the company. Dell’s server business has been viewed as an AI winner this year, sparking the stock more than 150% higher through Thursday’s close.
3) Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment. The funding was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with each of the lead investors putting in more than $2 billion. Alphabet Inc.'s Google and Amazon.com Inc. also invested in the round, with Google contributing several billion dollars and Amazon investing $5 billion.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US struck Iranian military targets for the second time this week and Kuwait said it responded to missile and drone threats, highlighting the fragility of the ceasefire. US forces shot down Iranian drones fired at a commercial ship and hit a launch unit near the Strait of Hormuz, according to a US official, who said the attacks were defensive and the ceasefire remains intact. President Trump asserted that no one nation would control Hormuz, which has emerged as one of the key obstacles in resolving the conflict, and said the strait's going to be open to everybody.
2) Federal Reserve Vice Chair Philip Jefferson said he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off, though he warned inflationary risks remain tilted to the upside. In the text of a speech he’s scheduled to deliver Thursday morning in Tokyo at a conference hosted by the Bank of Japan, Jefferson said he is watching for signs that higher energy costs stemming from the Iran war are dragging on consumer spending. He also cautioned that he continues to see signs of labor market weakness. Jefferson repeated his view that the central bank’s current policy setting is well positioned to respond to any developments.
3) Salesforce gave a revenue outlook for the current period that just fell short of analysts' estimates, with revenue expected to be about $11.3 billion in the fiscal second quarter. The company reported fiscal first-quarter remaining performance obligations of $67.9 billion, compared with analysts' average estimate of $68.9 billion, and its stock has declined about 33% this year.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Texas Attorney General Ken Paxton won the state's Republican Senate runoff, defeating incumbent John Cornyn with approximately 63% of the vote. Paxton will face Democrat James Talarico in the November election, and Talarico has released a video focusing on Paxton's 2023 impeachment by the Texas House of Representatives. Republican leaders in Washington will have to decide how much to spend to back Paxton, who has significant baggage, including a history of scandal, to ensure the Texas seat stays in GOP hands.
2) There is some optimism that the US and Iran will reach a peace deal despite fresh hostilities and uncertainty over the vital Strait of Hormuz. The strait remains essentially shut, subject to blockades by the US and Iran, but at least two non-Iranian supertankers exited the chokepoint on Tuesday. Secretary of State Marco Rubio has cautioned that any peace pact would likely take a few days to finalize. Meanwhile, US forces hit targets near the strait, while the Islamic Revolutionary Guard Corps said it fired at multiple US aircraft after they entered Iranian airspace.
3) Strategists at Goldman Sachs Group Inc. joined peers at Morgan Stanley and Deutsche Bank AG in seeing a 17% return for the S&P 500 Index this year. Earnings growth powered by the AI boom will drive further gains in stocks, the Goldman team led by Ben Snider said as they increased their year-end target for the US benchmark to 8,000 points, ditching a previous forecast of 7,600.See omnystudio.com/listener for privacy information.
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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) US and Israeli jets struck Iranian vessels in the Strait of Hormuz and other targets, hours after President Donald Trump had suggested negotiations with Tehran over an interim deal were progressing.The attack took place south of Larak Island in the Strait of Hormuz, with several Iranian personnel killed, Iran’s state-run Nour News reported, without providing further details. Trump earlier said negotiations between the US and Iran over an agreement to extend their ceasefire and reopen the strait were “proceeding nicely.”
2) Russian Foreign Minister Sergei Lavrov called US State Secretary Marco Rubio to advise him to evacuate US citizens and diplomats from Kyiv, as the Kremlin plans to continue heavy strikes on the Ukrainian capital, according to a statement published by the Russian Foreign Ministry Monday.
3) Ferrari NV shares fell almost 8% in Milan after the Italian super-car maker unveiled the Luce, its first fully electric vehicle, marking a sharp setback for one of the industry’s most closely watched EV debuts.The drop shows the challenge Ferrari is facing as it tries to extend one of the world’s most profitable luxury-car brands into battery-powered models. Early negative reactions across analysts as well as social media zoomed in on the four-door, five seater’s design, judged too similar to other electric models such as by Tesla Inc.See omnystudio.com/listener for privacy information.
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