MarketWatch
The company’s stock was up more than 3% following the release of Muse Wonder and Muse Wonder Full, which analysts expect to drive new business opportunities.
Bloomberg Markets
Tim Cahill, president of missiles and fire control at Lockheed Martin, said that the new generation of Patriot interceptor is designed to take on threats the US military will face in next three to five years and give the military and allies a 'much broader range of options' for missile defense. Cahill said that when it comes to cost, its important to find a 'sweet spot' between making systems affordable and still capable to withstand a launch environment. (Source: Bloomberg)
Bloomberg Markets
Unison, which provides cash in exchange for a share of a home’s future value, has picked banks to lead an initial public offering, according to people familiar with the matter.
Bloomberg Markets
Natasha Hall, associate fellow in the Middle East and North Africa program at Chatham House, said that the world hasn't yet come to terms with the 'asymmetric conflict' carried out by the Houthis as drone attacks overwhelm Saudi air defenses, including US manufactured Patriot interceptors. Hall said that without a diplomatic solution for conflicts around the region including in Iran and Gaza, it is likely conflict will continue to escalate. (Source: Bloomberg)
Bloomberg Markets
Britain’s grid operator sought emergency assistance from France on Monday evening, requesting as much as 1,200 megawatts of additional electricity through an undersea interconnector to help maintain the security of the power system.
MarketWatch
Oil markets were struggling on Monday to gauge how President Donald Trump’s new declaration of an “energy ceasefire” between Russia and Ukraine might help mitigate a deepening global oil crisis as the Middle East conflict drags on.
Financial Times
Deadly bombardment of Riyadh’s international airport threatens crown prince’s plans to turn kingdom into finance and events hub
Bloomberg Markets
JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom.
Bloomberg Markets
Representative Mike Lawler, a New York Republican, said he's opposed to any US deal with Russia that benefits 'vile dictator' Vladimir Putin. Lawler said that the answer to US energy supply issues lies in shoring up US domestic energy production and building new refineries. (Source: Bloomberg)
Bloomberg Markets
Getty Images Holdings Inc. will get an equity injection from existing shareholders as part of a prepackaged bankruptcy to restructure and take private the photo archive and stock-image company.
Bloomberg Markets
The Sherry-Netherland was sued by a unit owner who claims construction has shrouded her Central Park-facing terrace in scaffolding for the past six years.
Bloomberg Markets
After weeks of selling that pushed Treasury yields to multi-year highs, Wall Street strategists are starting to see value in bonds again.
Bloomberg Markets
Federal Reserve Bank of Cleveland President Beth Hammack pointed to smaller, more frequent policy adjustments to help inflation expectations remain anchored. At an event in Cleveland Monday, Hammack stopped short of backing a rate increase this month, but said, “When feasible, I generally think it’s preferable to make smaller adjustments, and to do so relatively quickly, rather than to wait and risk needing a larger course correction.” (Source: Bloomberg)
Financial Times
Seemingly rational choices by individual states will weaken collective energy security and accelerate fragmentation
Bloomberg Markets
Oil rose as Ukraine cast doubt on an “energy ceasefire” touted by US President Donald Trump. Saudi Arabia suffered its deadliest strikes since the Iran war began, with new drone and cruise missile assaults posing fresh security threats to the kingdom. Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, joins Bloomberg Intelligence to discuss. (Source: Bloomberg)
Bloomberg Markets
Albertsons Cos. is demanding that Kroger Co. pay more than $9 billion for the collapse of what would have been the largest US grocery chain merger in history.
Financial Times
FT interview: tech billionaire touts release of new Muse Wonder model after vast spending to challenge rivals in AI race
Bloomberg Markets
A growing number of empty supertankers have been turning away from the Persian Gulf as escalating Iranian attacks threaten a critical transfer hub for wartime oil shipments.
Bloomberg Markets
Federal Reserve Bank of Cleveland President Beth Hammack said smaller, more frequent adjustments to policy can help inflation expectations remain anchored, but she stopped short of backing a rate increase this month.
MarketWatch
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.