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Jonathan Panikoff, director of the Scowcroft Middle East Security Initiative at the Atlantic Council, said that there is a chance that President Trump was pushing for something that Iranian negotiators had not 'fully signed off on' when he announced the cancellation of planned strikes on Iran. Panikoff said that despite the quickly changing narrative over a few hours, it is more likely if a deal comes together it is because of ongoing negotiations over multiple weeks. (Source: Bloomberg)
MarketWatch
The cryptocurrency’s long-term return may be close to zero — and that could be exactly what it needs.
Bloomberg Markets
Matthew McQueen, head of global FICC micro overseeing mortgages & securitized products, municipal banking & markets, and global credit at Bank of America, joins Scarlet Fu on "Bloomberg Real Yield." (Source: Bloomberg)
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Bloomberg Markets
SpaceX is poised to make history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire.
MarketWatch
The merger of Paramount Skydance and Warner Bros. Discovery has been met with resistance from many in Hollywood — but the real threat will come from additional costs Paramount could incur if regulators slow down the deal.
Bloomberg Markets
Representative Greg Landsman, an Ohio Democrat, said the lapse of a law permitting foreign surveillance will make it harder for law enforcement to keep the country safe. Landsman said that during the world cup and ongoing conflict with Iran, concerns about US safety are 'very serious' and said that someone in the intelligence community or congress should stand up and 'be the adult in the room.' (Source: Bloomberg)