Oil prices tumbled after the US and Iran agreed an interim peace deal — but key questions about the Strait of Hormuz remain.

Alex Longley explains.
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are GenTrust Head of NY Office, Senior Client Advisor Mimi Duff, Principal Venture Partners Founder & Managing Partner Songyee Yoon, Wedbush SVP of Equity Research Alicia Reese, Goldman Sachs Northeast Region Head Nicole Pullen Ross, Interactive Brokers Chief Strategist Steve Sosnick, JP Morgan Asset Management CEO George Gatch, Chef & Restauranteur Kwame Onwuachi, Former Lululemon CIO Julie Averill, Candle Media Founder & Co-CEO Kevin Mayer. & SevenRooms Co-Founder & CEO Joel Montaniel.

Chapters:
00:00:00 – Bloomberg The Close
00:02:31 – Rotation Trade: Small Caps vs Magnificent 7
00:03:29 – Mimi Duff on Markets, Fed Policy & Real Assets
00:09:33 – SpaceX, AI IPOs & Venture Capital Outlook
00:15:21 – Top Calls
00:17:10 – Wedbush SVP of Equity Research Alicia Reese on Grand Theft Auto VI Pre-Orders
00:23:42 – Knicks Parade & The Business of Sports
00:31:41 – Chip Stocks Surge: Intel, Nvidia & AI Infrastructure
00:36:23 – Market Close Countdown & Rotation Trade Debate
00:49:06 – George Gatch: IPO Boom, AI Trade & Portfolio Allocation
01:01:20 – Chef Kwame Onwuachi on Building a Restaurant Empire
01:07:59 – AI in the Workplace & the Future
01:14:45 – Fox, Roku & the Future of Streaming Media
01:24:30 – SevenRooms & Restaurant Reservation Technology
01:28:11 – What to Watch
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Lithuanian President Gitanas Nauseda discusses the changing battlefield in Ukraine, Europe’s response to the war, and President Donald Trump’s push for peace. He also weighs in on Israel’s role in the war with Iran, its impact on energy prices and inflation, and whether China poses a growing economic threat. He spoke with Bloomberg’s Oliver Crook in Brussels.
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The return of Elliott Hill to lead Nike was supposed to reinvigorate the brand. Instead, setbacks in running, product development and brand strategy have kept the swoosh from regaining its stride.

Nike’s Savior CEO Is Grappling With a 45% Stock Slump: https://bloom.bg/43yMUjz

Elliott Hill came out of retirement to revive the brand. Twenty months later, investors are realizing that the turnaround will likely take years.

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#Nike #Stocks #Business

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John Rogers, Ariel Investments founder, chair, CIO and co-CEO, says MSG stocks have not reflected the value of the Knicks or the Rangers during an interview with Romaine Bostick and Katie Greifeld on “Bloomberg The Close.”
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