Monday, May 04, 2026

,...World’s Rich Boost Conflict-Economy Bets Amid Asset Swings,...How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug,..FedEx, UPS Shares Sink on ‘Watershed’ Amazon Logistics Move

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Iran War Strait of Hormuz
Amirhosein Khorgooi/ISNA/AP Photo
U.S. and Iran Trade Fire in Gulf, Shaking Four-Week Ceasefire
The US military fought off attacks from Iranian drones, missiles and armed small boats as it facilitated the passage of two US-flagged vessels through the Strait of Hormuz, Central Command said.
CO1
CL1
Stocks Fall, Oil Rises on Hormuz Tension Flare-Up: Markets Wrap
Markets Wrap
Stocks Fall, Oil Rises on Hormuz Tension Flare-Up
US Has Opened a Passage Through Hormuz, Central Command Says
Bessent Calls on China, Allies to Join US Operation in Hormuz
US Denies Iran Report That Naval Ship Was Hit by Missiles
Paranoia, Turmoil and Backlash: Inside the FDA Under Marty Makary
Illustration 731; Source: Getty
 
 
 
 
 
 
Paranoia, Turmoil and Backlash: Inside the FDA Under Marty Makary
Insiders say one more high-profile misstep could put the commissioner’s job in jeopardy.

Earlier

US Senator Investigates FDA Over Rare-Disease Drug Denials
FDA Push for Fake Brain Surgery Trial Spurs Ethical Concerns
Current Time 0:22

Watch: Shipping Security in Hormuz Is a Concern, Chevron CEO Says

Milken Live
Chevron CEO Warns of Tightening Global Oil Supplies
Latest Updates
Thoma Bravo is closely watching for any “motivated selling” among business-development companies that have been beset by a wave of
As the turmoil in the $1.8 trillion private credit market raises questions about whether retail investors who fueled its growth ac

The AI Race

The Iran War and AIAltman Versus MuskGemini Mac App
Microsoft Mulls $10 Billion Investment In ChatGPT Creator Open AI
Gabby Jones/Bloomberg
Brockman Says His Stake in OpenAI Worth Nearly $30 Billion
AI Boom to Add Hidden Extra Cost to Northeast US Power Bills
Blackstone’s Jon Gray Sees AI Creating ‘Huge Boom’ in Blue Collar Jobs

Bloomberg Opinion

Spirit May Be Gone, But Flyers Still Need a Low-Cost Airline
Spirit May Be Gone, But Flyers Still Need a Low-Cost Airline
By Thomas Black, Columnist 
 
 
 
 
 
 
 
Johnson’s Grip Is Slipping. So Is the GOP’s Majority
By David M. Drucker, Columnist
Dress Codes Are No Way to Fix What Is Broken
By Beth Kowitt, Columnist
Beth Kowitt
Warren Buffett Can’t Bequeath Abel Patient Investors
By Jonathan Levin, Columnist
Jonathan Levin
GameStop's Cohen Sees New Target and Big Possible Payday in eBay
GameStop
 
 
 
 
 
 
GameStop's Cohen Sees New Target and Big Possible Payday in eBay
The CEO who helped define the meme-stock era has proposed a brash, unsolicited $56 billion offer for the online commerce company.
EBAY
GME
GameStop’s ‘Highly Confident’ $20 Billion TD Letter Echoes Drexel
FedEx, UPS Shares Sink on ‘Watershed’ Amazon Logistics Move
Amazon announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers.
AMZN
Amazon Shipping Services Repackage Sparks UPS, FedEx Selloff

Retirement

How to Retire RichThe $1 Million ProblemMaximizing a Roth IRA
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Bloomberg Originals

11:44
How a Secretive Trading Empire Is Taking Over Wall Street
Weekly Docs
How a Secretive Trading Empire Is Taking Over Wall Street
4:45
How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug
How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug
24:01
How NFL Legend Steve Young Built a $10 Billion Fund
The Deal with Alex Rodriguez and Jason Kelly
How NFL Legend Steve Young Built a $10 Billion Fund
24:01
The Race to Merge AI With Humanoid Robots
Bloomberg Primer
The Race to Merge AI With Humanoid Robots

Space

SpaceX Has Filed Confidentially For IPO Ahead Of AI Rivals
SpaceX Tapped for Industry Group Developing Golden Dome Software
Trump Says Mexico, Canada, New China Tariffs Take Effect March 4
Canada Unveils Space-Launch Bill Aimed at Cutting Reliance on US
'Prada spacesuit' astronauts will wear on the Moon undergoes first vacuum tests
NASA’s New Space Suits May Not Be Ready by 2028 Moon Landing
Blue Origin Launches New Glenn Rocket with Communications Satellite from Cape Canaveral, Florida
AST Drops as Blue Origin Rocket Places Satellite in Wrong Orbit

Technology

AICybersecurityScreentime
For Billionaire Orlando Bravo, There's No Bad Time to Do a Good Deal
Scott McIntyre/Bloomberg
Thoma Bravo Is Combing Every BDC Book for Software Loan Bargains
Khosla Warns Software Pain Will ‘Taint Everything’ Across Credit
Euro Finance Chiefs Want Mythos Access to Prepare Defenses
Apple Signals New CEO Ternus Will Invest Cash Differently Than Cook
Newsletter: Power On
Apple Signals New CEO Ternus Will Invest Cash Differently Than Cook
Musk Sketches Apocalyptic Vision in Bid to Block OpenAI’s Transition
Newsletter: Tech In Depth
Musk Sketches Apocalyptic Vision in Bid to Block OpenAI’s Transition

Wealth

Key Speakers At Bloomberg Invest
Apollo’s Zito Calls Credit Safer Bet in High-Volatility Times
The Blackstone headquarters in New York.
Blackstone Data Center REIT Seeks to Raise $1.75 Billion in IPO
Banks In Canada As Rising Rates Help Margins
RBC Is Launching a Public Debt Fund as Retail Investors Flee Private Credit
World’s Rich Boost Conflict-Economy Bets Amid Asset Swings
World’s Rich Boost Conflict-Economy Bets Amid Asset Swings

Politics

UKEuropeMiddle EastAsia
Trump's White House Ballroom Continues To Create Controversy
Anna Moneymaker/Getty Images
White House Eyes Vetting AI Models Before Release, NY Times Says 
 
 
Russia Warns Ukraine of Retaliation If May 9 Parade Targeted
Judge ‘Disturbed’ by Alleged Gala Shooter’s Jail Conditions


 


Rudy Giuliani
Former NYC Mayor Giuliani in Critical Condition, Trump Says 
 
Beijing Tells China Firms to Ignore US Sanctions on Refiners
China’s Unprecedented Defiance of US Sanctions Triggers S

 

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THIS MODERN WORLD

  

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Some...EURONEWS Bytes, Links, Headline Clips + Live News Upldates

 
 
 
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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...