Palantir Technologies Inc.’s chief executive Alex Karp bought a Miami mansion in June, seven months before the firm’s surprise announcement to move its headquarters to the city, according to a person familiar with the matter.

Adobe Inc. Chief Executive Officer Shantanu Narayen will resign from his position atop the creative software giant amid deep skepticism about the company’s ability to thrive in the AI era.

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 Deutsche Bank Securities’ Binky Chadha, Raymond James’ Olivia Tong, 1789 Capital’s Paul Abrahimzadeh, Man Group’s Kristina Hooper, D.A. Davidson’s Gil Luria, Forethought Co-Founder Deon Nicholas & Zendesk CEO Tom Eggemeier, Hiddenlayer CEO Chris Sestito, Retired Brig. General Mark Kimmitt, Califia Farms CEO Dave Ritterbush, & The Knot Worldwide CEO Raina Moskowitz. (Source: Bloomberg)

<p>The wave of excitement&nbsp;may catapult the country to the forefront of the technology&nbsp;as US companies struggle to gain traction among users.</p>

Elon Musk’s X, the social network formerly known as Twitter, has agreed to change its verification mechanism in the European Union following a fine of €120 million ($138 million).

Oil rose from its highest close since August 2022 in one of the most volatile trading weeks ever, with investors bracing for more upheaval as Iran pledged to keep the Strait of Hormuz effectively shut.

New Zealand’s economic recovery probably lost momentum in the final months of 2025, highlighting its fragile nature even before any impact from the spiraling Middle East conflict and surging oil prices.

One of Australia’s biggest pension funds, Rest Super, is on the hunt for more private markets investments in the US, underscoring the strong appetite from the country’s fast-growing A$4.5 trillion ($3.2 trillion) sector that’s on a roadshow across three American cities.

Peru left interest rates unchanged after inflation accelerated above the midpoint of its target range for the first time in more than a year.

Asian stocks and bonds were primed to follow Wall Street lower as a renewed oil spike stoked fears the war in Iran will further crimp energy supplies and fuel inflation.