Meta Platforms Inc. is reassigning 7,000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes planned staff reductions later this week.

Power prices are surging in the US East after the largest US grid operator declared an emergency as soaring temperatures descend on the region.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Robinhood Markets CIO Stephanie Guild, Andersen Institute’s Fabio Natalucci, Wedbush Securities’ Dan Ives, IIF President & CEO Tim Adams, Kayne Anderson Rudnick’s Julie Biel, 42 Macro Founder & CEO Darius Dale, Westly Group Founder & Managing Partner Steve Westly, Moody’s Ratings Chief Credit Officer Atsi Sheth, Morningstar’s Christine Benz, WSL Strategic Retail CEO & Chief Shopper Wendy Liebmann (Source: Bloomberg)

Nvidia Corp. Chief Executive Officer Jensen Huang, speaking days after he joined President Donald Trump’s summit in China, said he expects Chinese authorities to eventually allow the import of artificial intelligence chips from the US.

A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company.

Oil dropped and US equity-index futures edged up after President Donald Trump said he was holding off on fresh military strikes, boosting hopes for a deal that could end the war and revive energy flows through the Strait of Hormuz.

Gold extended a gain as the prospect of a US-Iran ceasefire deal eased some inflationary concerns that have weighed on bullion.

Oil fell after President Donald Trump said he’d called off a strike on Iran planned for Tuesday following an appeal by Persian Gulf allies.

A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company. Madlin Mekelburg explains. (Source: Bloomberg)

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Re-edited video to correct name of guest in video and description) (Source: Bloomberg)