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Fri, Aug 7 12:15 AM

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FinanceBloomberg Markets2h ago

Latest Oil Market News and Analysis for Aug. 7

Oil extended gains on reports that Iran attacked “hostile targets” in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal with Oman.

FinanceBloomberg Markets2h ago

Big Take: The situation at Situational Awareness

On today’s Big Take podcast, hedge fund reporters Katherine Burton and Hema Parmar join Sarah Holder to break down the rise of 24-year-old ‘Nostradamus of AI’ Leopold Aschenbrenner, the meltdown of his hedge fund Situational Awareness and whether the episode exposes broader hedge fund vulnerabili...

FinanceBloomberg Markets2h ago

Follow the Money All the Way to Carney's Canada

Bloomberg News Editor-in-Chief Emeritus Matt Winkler explains what is behind Canada's investment boom. The country's government poised to attract record investment from outside its borders after foreigners poured $183 billion into Canada’s stocks and bonds in the past year. Winkler says its tha...

FinanceBloomberg Markets9h ago

Oil Rises as Market Awaits Iran-Oman Hormuz Deal Details

Iran said an agreement with Oman on proposed shipping lanes that partially reopens the Strait of Hormuz is in the final stages. In recent days, the US and the Islamic Republic have indicated a resolution is close. Kailey Leinz has the latest on Bloomberg Television.