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

1) President Biden hosts heads of state from Japan and South Korea for a summit on global tensions

2) China's state-owned property developers warn of widespread losses as economic concerns weigh on markets

3) Goldman Sachs is hiring amid apparent pressure from the Federal Reserve 

Your morning briefing. The news you need in just 15 minutes. On today's podcast:
1) President Biden hosts heads of state from Japan and South Korea for a summit on global tensions
2) China's state-owned property developers warn of widespread losses as economic concerns weigh on markets
3) Goldman Sachs is hiring amid apparent pressure from the Federal Reserve

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.

Major Summit of Asian Leaders in the US; Fears of Fiscal Contagion in China

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fa123129-9455-4511-acf8-b062009d1261/transcript

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to the May jobs report, along with a focus on three stocks for the week ahead.
In the UK – a look ahead to what comes next in the Ukraine war following fresh EU funds to Ukraine.
In Asia – a look ahead to Australia GDP data.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to the May jobs report, along with a focus on three stocks for the week ahead.</li>
<li>In the UK &ndash; a look ahead to what comes next in the Ukraine war following fresh EU funds to Ukraine.</li>
<li>In Asia &ndash; a look ahead to Australia GDP data.</li>
</ul>

Daybreak Weekend: US Jobs, Ukraine Funding, Australia GDP

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef028e04-590c-4194-8f05-b459011ddd2d/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran’s nuclear program, according to a person with knowledge of the matter. Vice President JD Vance said the US and Iran are “going back and forth on a couple of language points,” including over issues relating to Tehran’s nuclear capabilities, and that Iran appears to be negotiating in good faith. The US Treasury Secretary reiterated President Trump’s three “red lines” — reopening the Strait of Hormuz, Iran surrendering highly enriched uranium and ending its nuclear program — remain in place.
2) Dell shares soared in extended trading after the company gave an outlook for annual sales that far surpassed analysts’ estimates. Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, according to the company. Dell’s server business has been viewed as an AI winner this year, sparking the stock more than 150% higher through Thursday’s close.
3) Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment. The funding was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with each of the lead investors putting in more than $2 billion. Alphabet Inc.'s Google and Amazon.com Inc. also invested in the round, with Google contributing several billion dollars and Amazon investing $5 billion.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran&rsquo;s nuclear program, according to a person with knowledge of the matter. Vice President JD Vance said the US and Iran are &ldquo;going back and forth on a couple of language points,&rdquo; including over issues relating to Tehran&rsquo;s nuclear capabilities, and that Iran appears to be negotiating in good faith. The US Treasury Secretary reiterated President Trump&rsquo;s three &ldquo;red lines&rdquo; &mdash; reopening the Strait of Hormuz, Iran surrendering highly enriched uranium and ending its nuclear program &mdash; remain in place. 2) Dell shares soared in extended trading after the company gave an outlook for annual sales that far surpassed analysts&rsquo; estimates. Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, according to the company. Dell&rsquo;s server business has been viewed as an AI winner this year, sparking the stock more than 150% higher through Thursday&rsquo;s close. 3) Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment. The funding was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with each of the lead investors putting in more than $2 billion. Alphabet Inc.'s Google and Amazon.com Inc. also invested in the round, with Google contributing several billion dollars and Amazon investing $5 billion.

US and Iran Reach Preliminary Deal; Dell Soars on Outlook

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/14beab42-13fb-40c1-98fb-b459009e03d7/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US struck Iranian military targets for the second time this week and Kuwait said it responded to missile and drone threats, highlighting the fragility of the ceasefire. US forces shot down Iranian drones fired at a commercial ship and hit a launch unit near the Strait of Hormuz, according to a US official, who said the attacks were defensive and the ceasefire remains intact. President Trump asserted that no one nation would control Hormuz, which has emerged as one of the key obstacles in resolving the conflict, and said the strait's going to be open to everybody.
2) Federal Reserve Vice Chair Philip Jefferson said he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off, though he warned inflationary risks remain tilted to the upside. In the text of a speech he’s scheduled to deliver Thursday morning in Tokyo at a conference hosted by the Bank of Japan, Jefferson said he is watching for signs that higher energy costs stemming from the Iran war are dragging on consumer spending. He also cautioned that he continues to see signs of labor market weakness. Jefferson repeated his view that the central bank’s current policy setting is well positioned to respond to any developments.
3) Salesforce gave a revenue outlook for the current period that just fell short of analysts' estimates, with revenue expected to be about $11.3 billion in the fiscal second quarter. The company reported fiscal first-quarter remaining performance obligations of $67.9 billion, compared with analysts' average estimate of $68.9 billion, and its stock has declined about 33% this year.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The US struck Iranian military targets for the second time this week and Kuwait said it responded to missile and drone threats, highlighting the fragility of the ceasefire. US forces shot down Iranian drones fired at a commercial ship and hit a launch unit near the Strait of Hormuz, according to a US official, who said the attacks were defensive and the ceasefire remains intact. President Trump asserted that no one nation would control Hormuz, which has emerged as one of the key obstacles in resolving the conflict, and said the strait's going to be open to everybody. 2) Federal Reserve Vice Chair Philip Jefferson said he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off, though he warned inflationary risks remain tilted to the upside. In the text of a speech he&rsquo;s scheduled to deliver Thursday morning in Tokyo at a conference hosted by the Bank of Japan, Jefferson said he is watching for signs that higher energy costs stemming from the Iran war are dragging on consumer spending. He also cautioned that he continues to see signs of labor market weakness. Jefferson repeated his view that the central bank&rsquo;s current policy setting is well positioned to respond to any developments. 3) Salesforce gave a revenue outlook for the current period that just fell short of analysts' estimates, with revenue expected to be about $11.3 billion in the fiscal second quarter. The company reported fiscal first-quarter remaining performance obligations of $67.9 billion, compared with analysts' average estimate of $68.9 billion, and its stock has declined about 33% this year.

US Bombs More Iran Targets, Growing Fed Inflation Fears

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/42d40440-57e9-4660-b3ca-b458009e4493/transcript

Major Summit of Asian Leaders in the US; Fears of Fiscal Contagion in China

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