Amy Morris

The automaker's shares continue to rise after a Morgan Stanley note highlighted Ford's energy storage business and potential tie-ups with hyperscalers.

and Cisco shares jumped after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs to focus on the fast-growing AI market.

Shares of Cisco have advanced now 14%.

AI chipmaker Cerebrus has raised more than $5.5 billion in what's become this year's biggest IPO.

Shares are indicated to open at $380 each, 105% above the initial offering price of $185.

Shares will trade on Nasdaq under the symbol CBRS.

Sources tell Bloomberg a group led by Silver Lake executive Egon Durbin is acquiring 25% of the Las Vegas Raiders.

The equity being sold is from minority investors and not controlling owner Mark Davis.

When the deal closes, the consortium is expected to own close to 40% of the NFL team.

Round one of the PGA Championship is underway at Aronamin Golf Club.

At last check, Aldrich Potgieter sits atop the leaderboard.

That's news when you want it with Bloomberg News Now.

I'm Amy Morris and this is Bloomberg.

Senator Lindsey Graham quizzed Hegseth on talks with Iran and whether mediator Pakistan was doing the best job.

Hegseth softened his tone as he defended the Trump administration's historic $1.5 trillion military budget request for 2027.

In Washington, Amy Morris, Bloomberg Radio.

Senator Lindsey Graham quiz-tagged Seth on talks with Iran and whether mediator Pakistan was doing the best job.

Hegseth softened his tone as he defended the Trump administration's historic $1.5 trillion military budget request for 2027.

In Washington, Amy Morris, Bloomberg Radio.

The Bloomberg This Weekend Podcast.