Samsung Electronics Co.’s quarterly profit surged 19-fold, just surpassing elevated expectations due to relentless demand for memory chips needed in AI data centers.

Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology.

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 Morgan Stanley PWM Executive Director Katerina Simonetti, BlackRock Deputy CIO of Global Fixed Income Russ Brownback, Jefferies Equity Research Analyst David Chiaverini, Hamilton Lane Co-CEO Erik Hirsch, Wells Fargo Investment Institute Head of Global Investment Strategy Paul Christopher, Bokeh Capital Partners Founder & Chief Investment Officer Kim Forrest, US Chief Design Officer Joe Gebbia, Robinhood CEO Vlad Tenev, & Churchill Asset Management Vice Chairman & Chief Investment Strategist Randy Schwimmer. (Source: Bloomberg)

On today’s Big Take podcast, we track how private credit is funding the Buy-Now-Pay-Later boom, what it means for borrowers and why the relationship is raising red flags. (Source: Bloomberg)

Stocks in Asia are poised to edge higher after a rally in several US technology giants revived confidence that the AI-driven bull market still has room to run.

Oil held a drop on signs of growing oversupply, with Saudi Arabia slashing prices and traffic through the Strait of Hormuz picking up.

Hedge funds turned the most negative on the yen since 2007 as the currency trades near its weakest level in four decades.

Japanese borrowers drove quarterly issuance in Asia Pacific’s offshore bond market to a record, eclipsing the previous peak set during an era of Chinese corporate dominance.

Rivian Automotive Inc. is offering to sell 75 million shares as the electric vehicle company seeks to fund equity contributions related to a US Department of Energy loan.

Minions & Monsters was the No. 1 movie in US and Canadian theaters over the long July 4 holiday weekend with ticket sales of $62 million, a number that still fell short of earlier entries in the seven-film franchise.