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Your morning briefing. The news you need in just 15 minutes. 
On today's podcast:

1) Tesla shares drop as Elon Musk's investor meeting disappoints

2) Credit Suisse escalates efforts to win back clients

3) Another crypto firm plunges over doubts on its future 

Your morning briefing. The news you need in just 15 minutes. On today's podcast:
1) Tesla shares drop as Elon Musk's investor meeting disappoints
2) Credit Suisse escalates efforts to win back clients
3) Another crypto firm plunges over doubts on its future

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Elon Musk's 'Master Plan' Falls Flat and More Cracks in the Crypto Market

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cd9f56e4-d8ea-4721-af3b-afb900adcd2a/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Moderate Democrat David Crowley is projected to defeat Democratic Socialist Francesca Hong in Wisconsin’s primary for governor, an upset in a race that became a test of the party’s ideological direction. Crowley had 39.8% of the vote to Hong’s 39.38%, with more than 95% of the expected vote counted, according to Decision Desk HQ, which projected him to win the Democratic primary. The Associated Press also called the race for Crowley.
2) President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their stances in deadlocked negotiations over the waterway. “We own it,” Trump told reporters at Joint Base Andrews outside Washington late Tuesday. “And at some point, maybe they’ll do something, and then they get blown away.”
3) Global oil inventories will tumble this quarter at more than twice the rate previously estimated as the Iran war flares again, even as the hit to demand from high prices deepens, the International Energy Agency said. Oil markets face a shortfall of 1.8 million barrels a day as “renewed hostilities and maritime disruptions” undermine a production recovery, the IEA said in its monthly report. For 2026 as a whole, the deficit will likely be the widest in five years.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Moderate Democrat David Crowley is projected to defeat Democratic Socialist Francesca Hong in Wisconsin&rsquo;s primary for governor, an upset in a race that became a test of the party&rsquo;s ideological direction. Crowley had 39.8% of the vote to Hong&rsquo;s 39.38%, with more than 95% of the expected vote counted, according to Decision Desk HQ, which projected him to win the Democratic primary. The Associated Press also called the race for Crowley. 2) President Donald Trump claimed the US had &ldquo;total control over the Hormuz Strait,&rdquo; as Washington and Tehran hardened their stances in deadlocked negotiations over the waterway. &ldquo;We own it,&rdquo; Trump told reporters at Joint Base Andrews outside Washington late Tuesday. &ldquo;And at some point, maybe they&rsquo;ll do something, and then they get blown away.&rdquo; 3) Global oil inventories will tumble this quarter at more than twice the rate previously estimated as the Iran war flares again, even as the hit to demand from high prices deepens, the International Energy Agency said. Oil markets face a shortfall of 1.8 million barrels a day as &ldquo;renewed hostilities and maritime disruptions&rdquo; undermine a production recovery, the IEA said in its monthly report. For 2026 as a whole, the deficit will likely be the widest in five years.

Moderate Democrat Projected to Win Wisconsin Primary; Trump Claims Hormuz Control

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1b15f2a2-60c9-414c-99cb-b4a4009f2feb/transcript

Today's top stories, with context, in just 15 minutes.


On today's podcast:


1) President Donald Trump hardened his stance toward Iran as negotiations to reopen the Strait of Hormuz continue, pronouncing that the Islamic Republic must pay reparations for past attacks. Trump made his sweeping new demands on Monday after accusing Tehran of itself seeking compensation for war damages through public statements even though the issue had never been raised in negotiations.
2) President Donald Trump renewed his administration’s efforts to dismantle the childhood vaccination schedule with a direct attack on the measles shot, returning to a politically unpopular issue and making unproven scientific claims just months ahead of the midterm elections.
3) Intel Corp. raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.The chipmaker priced the offering at $95 per share, according to a company statement. That represents a discount of 6.5% to Friday’s closing price, according to Bloomberg calculations. The share sale drew more than $100 billion in demand, people familiar with the matter said.

Today's top stories, with context, in just 15 minutes.
 On today's podcast:
 1) President Donald Trump hardened his stance toward Iran as negotiations to reopen the Strait of Hormuz continue, pronouncing that the Islamic Republic must pay reparations for past attacks. Trump made his sweeping new demands on Monday after accusing Tehran of itself seeking compensation for war damages through public statements even though the issue had never been raised in negotiations. 2) President Donald Trump renewed his administration&rsquo;s efforts to dismantle the childhood vaccination schedule with a direct attack on the measles shot, returning to a politically unpopular issue and making unproven scientific claims just months ahead of the midterm elections. 3) Intel Corp. raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.The chipmaker priced the offering at $95 per share, according to a company statement. That represents a discount of 6.5% to Friday&rsquo;s closing price, according to Bloomberg calculations. The share sale drew more than $100 billion in demand, people familiar with the matter said.

Trump Hardens Stance on Iran; President Renews Efforts to Dismantle Vaccination Schedule

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ea959fce-c2ed-453d-a6b9-b4a300a142c7/transcript

Today's top stories, with context, in just 15 minutes.


On today's podcast:


1) President Trump said the US was only "semi-negotiating" with Tehran on the Strait of Hormuz, and that the US was "low keying it" as Iran faces huge inflation and no money. Iranian Supreme Leader Mojtaba Khamenei's military adviser Mohsen Rezaee was named the new leader of the Supreme National Security Council, replacing Mohammad Bagher Zolghadr, and has been an advocate for full Iranian control over Hormuz. Tehran published a list of demands for Washington as conditions for fully reopening Hormuz, including lifting the naval blockade, withdrawing forces, removing sanctions, and releasing frozen assets, which may be difficult for the US to meet alone.
2) Israeli Prime Minister Benjamin Netanyahu rejected a proposal by US-backed mediators for disarming Hamas, saying "Israel does not accept the 15-point document." Netanyahu stated that the Israel Defense Forces will not carry out any withdrawal until Hamas is genuinely disarmed and it will continue to thwart threats against Israeli forces and citizens. The Board of Peace described the roadmap as its deal with Hamas, rather than with Israel, and said that nobody is required to do anything before verified steps are taken on the ground by the Palestinian cadres.
3) The US Supreme Court has a reputation problem, with polls showing poor approval ratings and a record low support amid continued attacks on the institution from President Trump. A majority of Americans believe the justices tend to act for political reasons, not legal ones, which experts see as unhealthy and potentially dangerous. The court's reputation has been driven down by factors including a hyper-partisan confirmation process, polarizing decisions, and ethics controversies, leading to calls for Congress to impose term limits or expand the court.

Today's top stories, with context, in just 15 minutes.
 On today's podcast:
 1) President Trump said the US was only "semi-negotiating" with Tehran on the Strait of Hormuz, and that the US was "low keying it" as Iran faces huge inflation and no money. Iranian Supreme Leader Mojtaba Khamenei's military adviser Mohsen Rezaee was named the new leader of the Supreme National Security Council, replacing Mohammad Bagher Zolghadr, and has been an advocate for full Iranian control over Hormuz. Tehran published a list of demands for Washington as conditions for fully reopening Hormuz, including lifting the naval blockade, withdrawing forces, removing sanctions, and releasing frozen assets, which may be difficult for the US to meet alone. 2) Israeli Prime Minister Benjamin Netanyahu rejected a proposal by US-backed mediators for disarming Hamas, saying "Israel does not accept the 15-point document." Netanyahu stated that the Israel Defense Forces will not carry out any withdrawal until Hamas is genuinely disarmed and it will continue to thwart threats against Israeli forces and citizens. The Board of Peace described the roadmap as its deal with Hamas, rather than with Israel, and said that nobody is required to do anything before verified steps are taken on the ground by the Palestinian cadres. 3) The US Supreme Court has a reputation problem, with polls showing poor approval ratings and a record low support amid continued attacks on the institution from President Trump. A majority of Americans believe the justices tend to act for political reasons, not legal ones, which experts see as unhealthy and potentially dangerous. The court's reputation has been driven down by factors including a hyper-partisan confirmation process, polarizing decisions, and ethics controversies, leading to calls for Congress to impose term limits or expand the court.

Trump Signals Economic Pressure on Iran; Israel Rejects US Proposal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e8ed0b2c-68e8-4fb2-9e79-b4a2009e874e/transcript

Elon Musk's 'Master Plan' Falls Flat and More Cracks in the Crypto Market

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