Elon Musk said he only gave SpaceX a less than 10% chance of succeeding. He spoke from Starbase, Texas via livestream and addressed SpaceX employees.
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
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President Vladimir Putin praised booming Russia-China trade and energy ties in talks with President Xi Jinping, saying the two countries are working together toward a more “democratic world order.”
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The prospect of billions of dollars of demand for SpaceX stock from index-tracking funds risks creating a feedback loop that could drive the shares of Elon Musk’s company even higher, academics and market observers have warned.

US forces carried out strikes against Iran hours after President Donald Trump blamed Tehran for shooting down an American military helicopter off the coast of Oman.

And technology stocks were set to pull US equities lower for a second session as traders pared exposure ahead of an inflation reading that is expected to hit the highest level in more than three years.

Today’s guests: Vasiliki Pachatouridi, BlackRock EMEA Head of iShares Fixed Income Product Strategy; Jack Neumark, Fortress Co-CEO; Victor Khosla, Strategic Value Partners Founder & CIO; Niccolo de Masi, IonQ Chairman & CEO
—
“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:02 – SpaceX IPO
00:03:38 – US Strikes Iran After Helicopter Downed
00:07:07 – Vasiliki Pachatouridi, BlackRock iShares Fixed Income Product Strategy EMEA Head
00:15:34 – SuperReturn | Jack Neumark, Fortress Co-CEO
00:24:24 – SuperReturn | Victor Khosla, Strategic Value Partners Founder & CIO
00:33:25 – EXCLUSIVE: Dario Amodei, Anthropic CEO
00:36:11 – Arvind Krishna, IBM CEO
00:38:00 – Niccolo de Masi, IonQ Chairman & CEO
00:46:46 – ASML’s Gains Lag Broader Sector
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The rally in US stocks is set to stretch into a fifth day as optimism around artificial intelligence, lower oil prices and easing bond yields spurred traders to grow increasingly bullish.

Former BP Plc Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil major’s latest leadership change.

BP ousted Manifold on Tuesday after eight months on the job, citing serious concerns related to “governance standards, oversight and conduct.”

The company didn’t provide further details in its statement, but people close to BP who requested anonymity said there’d been complaints about aggressive behavior by Manifold toward employees, as well as of mishandling sensitive information and seeking to bypass the board.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Joumanna Bercetche and Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade
00:00:28 – Market Check
00:03:16 – Micron, SK Hynix Stock Rally
00:05:17 – Nvidia Smuggling Crackdown
00:07:31 – Central Bank Track Inflation Risk
00:10:26 – SpaceX IPO
00:11:05 – China Said to Slow-Track Airbus Deliveries
00:12:25 – Manifold Fired Over ‘Serious’ Governance Concerns: BP
00:16:24 – Oil Dips on US-Iran Deal Optimism
00:31:04 – European Gas Futures
00:36:06 – SK Hynix, Micron Enter $1T Market Cap Club
00:39:37 – Price-Action Is Bearish Even at Records: MLIV
00:47:34 – Stocks to Watch: Autos, Airbus, Akzo Nobel
01:04:53 – China Stalls Airbus Delivery
01:09:47 – BP CEO Announces Company Restructuring
01:15:43 – RBNZ Rate Hike Bets Sends Kiwi Higher
01:26:55 – UBS’ Khan on AI Job Impact
01:29:19 – AI Should Be Disarmed: Pope Leo
01:32:55 – White-Collar Work Exposure to AI
——–
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