Chinese EV stocks face a key test in upcoming results, which will offer clues for investors betting on the recently diverging performance of major players.

Lightelligence, a Chinese optical-computing provider, is set to begin trading in Hong Kong on Tuesday after raising HK$2.5 billion ($323 million) in an initial public offering, further fueling investor interest in the fast-surging industry that’s a key provider of parts used in the artificial-intelligence buildout.

"There's a lot less anxiety" in the private credit landscape says Monroe Capital Chairman & CEO Ted Koenig. He joined Romaine Bostick and Katie Greifeld on "The Close" to discuss his outlook on private credit and the real but misdiagnosed AI risk. (Source: Bloomberg)

US stocks eked out small gains on Monday to renew their record levels with Nvidia Corp. hitting a fresh high, as investors prepare for a swath of corporate earnings this week while monitoring developments in the Strait of Hormuz. A gauge of chip stocks finished lower after a historic run.

Match Group Inc., whose dating-app portfolio includes brands like Hinge, Tinder and Match.com, is investing $100 million in Sniffies, a platform for queer men, paving the way for a possible acquisition.

The likelihood of further interest rate hikes in Japan is keeping many of its life insurers from actively purchasing the nation’s government bonds this year.

A rally that brought Asian shares close to erasing its war-related losses faces a test after Brent crude oil climbed for a sixth straight day to its highest close in three weeks.

Contemporary Amperex Technology Co. Ltd. prices its Hong Kong share placement at the bottom of a marketed range, according to terms of the deal seen by Bloomberg News.

Gold was little changed as traders weighed the latest efforts by the US and Iran to find a negotiated solution to the two-month war that’s choked energy supplies and heightened inflation risks.

Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research, joins Bloomberg Businessweek Daily to discuss his team's latest oil outlook. Struyven and his team upgraded Brent to $90/barrel by the fourth quarter, citing lower Persian Gulf production, and ongoing Strait of Hormuz disruption. They now assume a normalization in Gulf exports by the end of June (vs. a prior forecast of mid-May) and see a slower recovery for Gulf production. However, a global recession is not in the team's base case unless the strait remains mostly closed in a "severely adverse" scenario. Struyven speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)