Market News
- Oil Rises on Flareup in US-Iran Tensions and Drop in Inventories
by Nicholas Lua on February 3, 2026 at 11:22 pmOil rose for a second day as geopolitical tensions resurfaced following the US downing of an Iranian drone near an American aircraft carrier in the Arabian Sea.
- Gold Holds Gains After Historic Retreat Lures Back Dip Buyers
by Yihui Xie on February 3, 2026 at 11:17 pmGold steadied, after recovering some losses when dip buyers stepped in following an abrupt retreat from record highs.
- TINKR Taps Tyler Cameron & Tate Madden to Lead Next Growth Phase
on February 3, 2026 at 10:55 pmTyler Cameron, TINKR partner and Head of Product, and Tate Madden, TINKR partner and Head of Creative, discuss the company’s next growth phase and what’s ahead with Romaine Bostick and Katie Greifeld on “The Close.” They say TINKR puts a “pretty” twist on home improvement. (Source: Bloomberg)
- Fmr. NEC Director: Jobs Report Delay is ‘Puzzling'
on February 3, 2026 at 10:45 pmGene Sperling, former National Economic Council Director under Presidents Clinton and Obama and President of Sperling Economic Strategies, says the delay adds to uncertainty at a time when the labor market is already being interpreted in very different ways. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
- Asian Stocks Poised to Track US Tech-Led Selloff: Markets Wrap
Stocks in Asia were set to follow Wall Street lower, after a tech selloff dragged down benchmarks […]
- Pipeline Explodes at Delfin LNG Planned Project in Louisiana
A natural gas pipeline connecting to the proposed Delfin LNG project located offshore in […]
- Musk, The Boring Company Face Nashville Tunnel Criticism
The Boring Co. is about to embark on its most ambitious tunneling project yet, but critics worry […]
- USA Rare Earth CEO: $3B in Possible Funds to Speed Plans
Barbara Humpton, USA Rare Earth CEO, discusses Trump’s minerals stockpile and the U.S. position […]
- How Investors Fall Into Bias Traps: Masters in Business
Barry speaks with Richard Thaler and Alex Imas award winning economists and co-authors of "The […]
- Stock Rotation Hits Tech Giants as Small Caps Rise: Markets Wrap
A tech selloff dragged down stocks from near-record levels amid a rotation into economically […]
- Oil Gains as US-Iran Tensions Escalate, Adding Risk Premium
Oil edged higher after US and Iranian forces appeared to square off in the sea and air, heightening […]
- Gold Rallies With Silver as Historic Rout Lures Back Dip Buyers
Gold and silver rebounded after a historic collapse from all-time highs lured dip-buyers back to […]
political news
- Warsh's Nomination Was the Easy Part: RenMac's Dutta
on February 3, 2026 at 11:27 pmRenaissance Macro Research Head of Economic Research Neil Dutta joins Bloomberg Businessweek Daily to discuss his call that Federal Reserve Chairman nominee Kevin Warsh faces several uphill battles before his confirmation proceedings even begin. Dutta explains his findings that Warsh "has been hawkish throughout his entire public career, up until about the six months during which he's been interviewing for the Fed job," and also discusses how the Fed "being bigger than one person" could limit market anxiety. Dutta also says the gridlock around Senator Thom Tillis delaying any Fed confirmation could create more complications for Warsh. Dutta speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
- Iran Always Testing Us: Sen. Budd on US Shot Down Iranian Drone
on February 3, 2026 at 11:26 pmSenator Ted Budd (R) North Carolina states 'Iran is always testing us," when discussing the US shooting down an Iranian drone headed towards a US Navy ship. He talks about what possible diplomatic solutions could be negotiated between the US & Iran, his reaction to the House passing a two week continuing resolution to keep the government open, and shares his thoughts on President Trump suggesting the GOP should federalize state voting rules. Senator Budd speaks with Joe Mathieu and Julie Fine on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
- Fed Governor Stephen Miran Steps Down From White House CEA Role
by Jennifer A Dlouhy on February 3, 2026 at 11:22 pmFederal Reserve Governor Stephen Miran has stepped down from his post leading the Council of Economic Advisers, according to a White House official.
- Traders Dump Software Stocks as AI Fears Erupt
on February 3, 2026 at 10:33 pmWall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders dumping shares of companies across the industry as fears about the destruction to be wrought by artificial intelligence pile up. The anxiety was underscored Tuesday after AI startup Anthropic released a productivity tool for in-house lawyers, sending shares of legal software and publishing firms tumbling. “We call it the ‘SaaSpocalypse,’ an apocalypse for software-as-a-service stocks,” said Jeffrey Favuzza, who works on the equity trading desk at Jefferies. “Trading is very much ‘get me out’ style selling.” Bloomberg Intelligence Senior Global Head of Technology Research Mandeep Singh joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
- Trump Signs Deal to Fully Reopen Government
on February 3, 2026 at 10:30 pmThe partial US government shutdown ended after President Donald Trump signed a funding deal he negotiated with Senate Democrats. Trump speaks to the reporters in the Oval Office. (Source: Bloomberg)
- The Lawyer Who Argued Against Trump's Tariffs: Masters in Business Interview
Barry speaks with Neal Katyal, who just had a victory when a federal appeals court ruled in August […]
- Gabbard Scorns Critics of Her Role in FBI Ballot Box Raid
National Intelligence Director Tulsi Gabbard rebuked Democratic lawmakers and others who expressed […]
- UBS Slammed by Senators for Obstructing Probe of Nazi Accounts
Members of a US Senate committee tore into UBS Group AG executives for refusing to hand over more […]
- US-Flagged Oil Tanker Hailed by Iranian Ships in Hormuz
An oil tanker that’s part of a US-military fuel procurement program was hailed by small armed […]
- EU to Offer US Critical Minerals Partnership to Check China
The European Union will pitch the US on a critical minerals partnership to curb China’s […]
Wealth
- First Brands Founder Uses Hamptons Home for $50 Million Bond
by David Voreacos, Jonathan Randles on February 3, 2026 at 9:55 pmFirst Brands founder Patrick James will remain free on a $50 million bond partly secured by a Hamptons home as he awaits trial on fraud charges stemming from his auto parts supply business’ multibillion-dollar collapse.
- Batista Family Revamps Holding Company in Bid to Tap Debt Markets
by Rachel Gamarski on February 3, 2026 at 9:21 pmBrazil’s billionaire Batista family is revamping its holding company to incorporate its pulp, mining and consumer goods businesses, in a bid to better access debt markets and more nimbly manage its priorities.
- Goldman Defense of Lawyer’s Epstein Ties Provokes Unease at Bank
by Todd Gillespie, Max Abelson on February 3, 2026 at 9:04 pmThe top partners at Goldman Sachs Group Inc. were expecting to celebrate its soaring stock price and trading bonanza at their annual gathering in Miami this week. Instead, many are girding for a different topic: Kathy Ruemmler’s association with Jeffrey Epstein.
- Gold and Silver Fans ‘Hate This New Volatility’ But Keep the Faith
by Josyana Joshua, Casey He on February 3, 2026 at 6:42 pmGold investors tend to be a robust breed, inured to market moves. But the past week’s swings have had even committed gold bugs, along with the newer crop of silver investors, feeling queasy.
- Millennium Bolsters CIO Office Leadership With Mazzella, Santoro
by Nishant Kumar on February 3, 2026 at 4:59 pmMillennium Management is expanding its top leadership team, which is currently dominated by former Goldman Sachs Group Inc. executives, by bringing aboard two of its trading heads.
Tech & Innovation
- Broadening Out of AI Trade Still Happening: Pandit
on February 3, 2026 at 11:32 pmMeera Pandit, Global Market Strategist at JPMorgan Asset Management, discusses cyclical rotation in equities and opportunities in international markets. She speaks to Bloomberg's Matt Miller and Dani Burger on 'Open Interest.' (Source: Bloomberg)
- Nvidia Nears Deal to Invest $20 Billion in OpenAI Round
by Shirin Ghaffary, Edward Ludlow on February 3, 2026 at 11:18 pmNvidia Corp. is nearing a deal to invest $20 billion in OpenAI as part of its latest funding round, according to people familiar with the matter, marking the chipmaker’s single biggest investment in the ChatGPT developer.
- OpenAI Fills Safety Job Listed at $555,000 With Anthropic Hire
by Alicia Tang on February 3, 2026 at 11:01 pmIn December, OpenAI made headlines when it posted a job listing for a “head of preparedness” with an eye-watering base pay range of as much as $555,000 a year. On Tuesday, Chief Executive Officer Sam Altman announced that the job has now been filled — by a staffer at rival AI model developer Anthropic.
- Super Micro Jumps on Strong Outlook Signaling Renewed AI Demand
by Dina Bass on February 3, 2026 at 10:04 pmSuper Micro Computer Inc. shares gained in late trading after the company gave a forecast for sales in the current quarter that signaled strong demand for its gear to run AI data centers.
- Musk Loses Attempt to Dismiss SEC Twitter Stake Lawsuit
by Nicola M White on February 3, 2026 at 10:03 pmA federal judge rejected Elon Musk’s attempt to throw out a US Securities and Exchange Commission lawsuit alleging he waited too long to disclose his growing stake in Twitter.
