Bloomberg Daybreak: US Edition

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 Yor...

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 r...

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...

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 launch...

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. Tru...

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 ce...

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.

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 Lebano...

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 achie...

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 an...

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 memora...

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...

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 omnys...

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...

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 t...

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....

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 st...

On this special Memorial Day edition of Bloomberg Daybreak - hosted by Nathan Hager.  We look at the challenges ahead for new Fed Chair Kevin Warsh with Bloomberg News International Economics & Policy correspondent Michael McKee and Anna Wong, Chief US Economist with Bloomberg Economics We preview Costco and Best Buy earnings with Bloomberg Intelligence Analysts Jenn Bartashus and Lindsay...

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 PCE and personal spending data, along with a focus on three stocks for the week ahead. In the UK – a look ahead to the Reykjavík Economic Conference in Iceland. In Asia – a look ahead to Australia CPI data. See omnystudi...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Iran said the latest US proposal partly bridged the gap between the warring sides, but comments from the Islamic Republic's supreme leader clouded the outlook for a breakthrough. The US has demanded Tehran hand over its enriched uranium and commit to ending enrichment, while Iranian leaders have balked at those terms in...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Nvidia reported another blowout earnings report and beat analyst estimates, but faced skepticism from some investors. The tech giant aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support artific...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Ed Gallrein, President Trump's hand-picked candidate, defeated Thomas Massie in a congressional primary in Northern Kentucky. Gallrein's victory is seen as a sign of Trump's grip over his base in solid Republican states, despite national surveys showing the broader electorate souring on the president's handling of issues...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump said he called off a new bombardment of Iran planned for Tuesday after Saudi Arabia and other Persian Gulf allies wanted more time to pursue diplomacy. Trump said the US delayed the strikes "for a little while, hopefully maybe forever," because "we've had very big discussions with Iran, and we'll see what...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Donald Trump expressed frustration with Iran and told it the “clock is ticking,” hours after drones targeted a nuclear power plant in the United Arab Emirates. Tehran “better get moving, FAST, or there won’t be anything left of them,” Trump said on Truth Social on Sunday. These wer...

Bloomberg Daybreak Weekend with Host John Tucker take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Nvidia and a focus on three stocks for the week ahead. In the UK – a look ahead to earnings from Europe’s largest low-cost airlines. In Asia – a look ahead to Japan GDP data.   See omnystudio.com/listener fo...