Amrita Sen of Energy Aspects of says oil markets are in a “massive deficit,” but not a shortage yet. She is also worried because an anticipated reopening date for the Strait of Hormuz keeps getting pushed out. She speaks on “Bloomberg Surveillance.”
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Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”

Chapters:
00:00:04 – Iran War: Oil Price Drop, Bond Yields Down
00:01:39 – SpaceX, Anthopic, OpenAI IPO Talks
00:02:26 – Nvidia Earnings
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SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and a super-voting share plan allowing Elon Musk to keep the company under his control.

The rocket, satellite and artificial intelligence giant has reported a net loss of $4.28 billion on revenue of $4.69 billion for the first quarter. Some investors remain doubtful whether the sum of Musk’s aspirations for SpaceX are worth valuing at as much as $2 trillion.

Bloomberg’s Charlie Wells discusses on “The Pulse with Francine Lacqua.”
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Standard Chartered said it plans to eliminate thousands of support roles over the next four years, joining the ranks of global …

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President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3700 trades in the …

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