Apple unveiled its new intelligence system — underpinned by Google technology —  during a keynote presentation at the company’s Worldwide Developers Conference. Ed Ludlow breaks down what you need to know.
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Deeply negative sentiment may be setting the stage for a recovery in Indian equities, according to Devina Mehra, Chairperson and MD of First Global. She argues that widespread pessimism and heightened focus on risks historically improve the probability of stronger market returns, while valuations are not as elevated as commonly perceived. She spoke with Menaka Doshi on Bloomberg’s Insight with Haslinda Amin
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OpenAI filed confidentially for an IPO with the SEC, working with Goldman Sachs Group and Morgan Stanley on a potential listing. Romaine Bostick reports on “Balance of Power.”
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Anna Edwards, Lizzy Burden and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”

Chapters:
00:00:00 – MLIV 6/08/2026
00:00:12 – AI Rally Cools
00:01:20 – Middle East Tensions Worsen
00:02:23 – Federal Reserve Hike
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SpaceX is planning to offer shares ​at $135 apiece to raise $75 ​billion in its ⁠initial public ​offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.

The rocket, satellite and artificial intelligence company aims to sell 555.6 million shares in the offering, the people said. Deliberations are ongoing and details of the IPO could still change before the terms are disclosed as soon as Wednesday, or even during the marketing process, they said, asking not to be identified as the information isn’t public. The move adds to the unconventional aspects of a deal that’s set to be the biggest ever listing.

We get reaction from George Ferguson, Senior Aerospace Analyst for Bloomberg Intelligence.
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