Brokers Flock to Paradise of Sun, Sand and ‘Unlimited’ Leverage, . . .and what else?

  

Trump Says Iran Will Suspend Nuclear Program as Hormuz Reopens

Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open

European Leaders Offer Military Help to Secure Strait

Explainer

Can the US and Iran Agree to a Lasting Deal to End the War?

Watch: Trump Says Iran Agrees to Unlimited Suspension of Nuclear Program

S&P 500 Index

7,126.06USD

84.78+1.20%

Markets Wrap

Wall Street Extends April Surge on Peace Prospects

Speculation the Iran war is poised to end sent risky assets surging anew, extending a month-long rally that’s lifted the S&P 500 to a succession of records.

Photo illustration by 731. Getty Images

The Big Take

Brokers Flock to Paradise of Sun, Sand and ‘Unlimited’ Leverage

Offshore havens like the Seychelles are enabling online trading firms to offer high-risk bets to retail investors.

Exclusive

Short Seller Targets AQR Backer Over Strategy That Cuts Taxes for the Rich

Orso Partners has amassed a bet against the $813 billion investment firm that backs Cliff Asness’ AQR.

Short Squeeze Turbocharges Equity Rally as Riskiest Stocks Soar

Hedge Funds’ Treasury Bets Risk Market Shock, Apollo’s Slok Warns

The AI Race

The Iran War and AIGemini Mac AppBorrowing Boom

Samyukta Lakshmi/Bloomberg

Anthropic’s Amodei to Meet Wiles With US Seeking Mythos Access

Talks could set the stage for major federal agencies to eventually start using Mythos.

Nvidia Makes Quantum Computing CEO a Billionaire in Days

Cursor In Talks to Raise $2 Billion at Over $50 Billion Value

Private Credit

Investor ExodusBanks Shake Off WorriesShorting Private Credit

Biggest US Banks Are Shaking Off Private Credit Fears

The biggest US banks spent the past week tallying more than $185 billion of combined exposure to private credit, an asset class that’s come under pressure in recent months.

Earlier

Private Credit Funds Face More Pressure as Banks Swap Collateral

Bloomberg Opinion

The US Is Using Amateurs for Peace Talks

 

 

 

 

 

 

 

 

 

 

Can a Republican Defy Trump and Survive? We’re About to Find Out

By Mary Ellen Klas, Columnist 

 

 

Housing’s Spring Selling Season Is Here. It’s Not Looking Pretty

By Conor Sen, Columnist

Trump’s Toughest Opponent? His Own Economy

By Nia-Malika Henderson, Columnist

America’s Global Rizz Is Going Up in Smoke

By Andreas Kluth, Columnist

Samuel Corum/Bloomberg

 

 

 

 

 

 

Palantir, Thales Among Companies Competing on FAA AI Tool

The move is part of a broader push to modernize the nation’s aging air traffic control system.

Air Canada Suspends Summer Flights to JFK Over Rising Fuel Costs

Current Time 0:00

Watch: OpenTable’s Strategy Shift with CEO Debby Soo

Businessweek

OpenTable Won Over the Wrong Customers, Then Changed Course

The pioneering reservation app was losing marquee restaurant groups before its chief executive made some big changes.

Taehoon Kim/Bloomberg

Exclusive

Lululemon Founder Chip Wilson Is Starting Athletic-Brand Venture

The venture will include new brands as well as existing small brands.

Earlier

Lululemon Founder Warns CEO Candidates Board Needs Overhaul

Today’s Videos

10:32

The Iran War Gas Shock

37:57

As the Old Order Crumbles, Riz Ahmed Turns to Hamlet

4:18

The AI Model That Frightens Wall Street

3:44

OpenTable’s Strategy Shift with CEO Debby Soo

Latest

7 min

The Strait of Hormuz Is Open. Now What?

16 min

Uruguay Central Bank Chief Sees Better Growth in First Quarter

19 min

Bessent’s Busy Week Clashes With Global Thirst for US Attention

20 min

Tory Burch Sweetens Terms on Loan to Buy Out General Atlantic

21 min

Fertilizer Prices Drop as Hormuz Opening Brings Farmers Relief

40 min

Kazaks Warns Against Assuming ECB’s Next Move Will Be a Hike

See all latest

In Focus

War With IranUS StocksTrump’s Second TermAnthropicNetflixThe AI Race

Bloomberg News Now

Listen to the latest: Stocks Close Higher, Trump: Iran Will End Nuclear Program, More

5:56

Updated 7 min ago

Subscriber Only

Get the AI Today newsletter.

Chronicling the disruptions and threats of AI on businesses, workers, governments and economies.

NYC Doormen, Building Owners Land Tentative Deal to Avoid Strike

Bessent’s Busy Week Clashes With Global Thirst for US Attention

Justice Department Shakes Up Probe Into Alleged Trump Conspiracy

World Cup Fans to Pay $150 for NJ Transit Gameday Tickets

Your News

Follow Topics

Choose up to 12 topics to see the latest stories on your homepage.

Recommended

Regions

Sectors

• Africa

  • Ethiopia Bondholders Start Process to Sue Government Over Defaulted Debt

    
  • Brokers Flock to Paradise of Sun, Sand and ‘Unlimited’ Leverage

    
  • HSBC’s Head of Mideast Banking Said to Leave After Year in Role
  • Second Mali Gold Mine Scores Backing From Former Olam Exec

    
  • Angola on Track for $400 Million Debt-for-Education Swap by June

    
• Energy

  • IMF Warns Suspending EU Carbon Market Comes With Huge Risks

    
  • Oil Tankers Hauling US Crude Via Panama Approaching 4-Year High

    
  • Hezbollah Celebrates Truce That Puts Pressure on Netanyahu

    
  • Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open

    
  • Can the US and Iran Agree to a Lasting Deal to End the War?

    
• AI

  • Palantir, Thales Among Companies Competing on FAA AI Tool

    
  • Anthropic’s Amodei to Meet Wiles With US Seeking Mythos Access

    
  • Software’s Rebound Puts Stocks On Track for Best Week Since 2001

    
  • Global Financial Watchdog to Share Insights on Anthropic’s Mythos

    
  • Iconiq, Go-To Wealth Adviser for Tech’s Elite, Is Putting Billions Into AI