President Donald Trump said the US was close to unveiling a plan that would spare the Chinese-owned social media app TikTok from a US ban, with multiple investors involved in discussions for a deal.

<p>An exclusive look at what Israel’s upgraded air defense system can (and can’t) do holds lessons for the US as it pushes for a missile shield.</p>

Bloomberg’s Caroline Hyde discusses how investors are reacting to tariffs as the magnificent seven and other tech names drop. Mark Mahaney, Evercore ISI managing partner, explains the global impact tech firms could face in a trade war. And Sowmyanarayan Sampath, Verizon Consumer Group CEO, on how consumers could be hit by tariffs. (Source: Bloomberg)

Shares of Dell Technologies Inc., Apple Inc., Sonos Inc. and HP Inc. plunged Thursday after President Donald Trump announced sweeping tariffs on imports from virtually every US trading partner, a move that threatens to increase costs, slow demand and strain global supply chains.

Intel Corp. shares gained on a report that the company tentatively agreed to a Taiwan Semiconductor Manufacturing Co. joint venture, a sign the beleaguered US chipmaker is moving ahead with a plan that’s been highly anticipated by investors.

Global junk bonds weakened the most since March 2020 as the steepest US tariffs in a century triggered fears about worldwide growth.

Investors braced for further pain across global markets as US stocks and the dollar suffered their worst day in years after Donald Trump’s latest tariff measures sparked a global flight to haven assets.

More than a dozen countries set for US reciprocal tariffs spent the first day of President Donald Trump’s tariff rollout not only bracing for the economic fallout but with confusion about exactly what rates they might face.

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 Rich Ross, Evercore ISI, Alex Petrone, Rockefeller Asset Mgmt, Brett House, Columbia Business School, Steven Zaccone, Citigroup, Jeremy Siegel, University of Pennsylvania The Wharton School, Doug Clinton, Intelligent Alpha, Callie Cox, Ritzholtz Wealth Mgmt, Emily Graffeo, Bloomberg News, Ross Gerber, Gerber Kawasaki, Kim Wallace, 22V Research, Chip Wade, Union Square Hospitality Group, Marvina Robinson, B. Stuyvesant Champagne, Kailey Leinz, Bloomberg News, Jonathan Pingle, UBS. (Source: Bloomberg)

Blackstone Inc. is considering selling of a pair of AirTrunk data centers in Sydney and Melbourne, following its acquisition of the company in December, according to people with knowledge of the matter.