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Bloomberg News Now

Extended Iran Ceasefire Considered, Oil Set for May Slide, More

29 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.672 - 5.121 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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5.622 - 10.011 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

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10.391 - 15.001 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

0

15.422 - 21.634 Caroline Hepke

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

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21.698 - 27.166 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

27.206 - 32.633 Caroline Hepke

And from London, I'm looking at what all that means for markets, money and the wider economy.

33.154 - 37.48 Stephen Carroll

We've got reporters across Europe and around the globe feeding in as stories break.

37.941 - 42.587 Caroline Hepke

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

43.028 - 45.03 Stephen Carroll

It's smart, calm and to the point.

Chapter 2: What preliminary deal is being considered for extending the Iran ceasefire?

318.806 - 329.961 Matt Bloxham

And it shows you that even though we've been, you know, sending rockets into space for decades now, that it's an incredibly difficult thing to do and a difficult thing to do reliably.

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330.141 - 348.402 Karen Moscow

And that's Bloomberg Intelligence's Matt Bloxham, who says all of Blue Origin's personnel have been accounted for and are safe. SpaceX cutting its valuation goal and its impending IPO. Bloomberg News has learned the company is now targeting a valuation of $1.8 trillion. That's down from the $2 trillion the sources told us about last month.

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348.382 - 368.238 Karen Moscow

Anthropic says it's raised $65 billion in a funding round that now values the company at $965 billion, including the new investment, and this valuation surpasses rival OpenAI's value for the first time. The U.S. merchandise trade deficit narrowing in April, reflecting an increase in the value of exports of capital and consumer goods.

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368.619 - 388.564 Karen Moscow

The shortfall in goods trade shrank 3.4 percent from the prior month to $82.4 billion. That figure is not adjusted for inflation. The Canadian economy edging into a technical recession that says weak business and government spending drove a slight contraction in the first quarter. U.S. stock index futures, they are...

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388.544 - 411.197 Karen Moscow

Rising this morning, extending all-time highs as traders wait to see whether the U.S. and Iran can finally get a peace deal across the line and restore oil flows through the Strait of Hormuz. S&P futures up about a tenth of a percent. Dow futures up two-tenths of a percent. NASDAQ futures now a little changed. Ten-year Treasury yield 4.44 percent. NYMEX crude oil at $87.88 a barrel.

411.277 - 420.745 Karen Moscow

Brent at $92.29. That's news when you want it with Bloomberg News Now. I'm Karen Moscow, and this is Bloomberg.

424.555 - 444.904 Emily Chang

Bloomberg Tech returns to San Francisco June 3rd and 4th. Join me, Emily Chang, along with Tom Giles as we convene the CEOs, investors, and innovators shaping what's next in technology. Powered by Bloomberg's Global Newsroom and unrivaled terminal data, we'll break down the capital, connectivity, and big ideas driving the industry forward. Be part of the conversation.

445.385 - 465.211 Emily Chang

Register now at BloombergLive.com slash tech. That's BloombergLive.com slash tech. Bloomberg Tech returns to San Francisco June 3rd and 4th. Join me, Emily Chang, along with Tom Giles as we convene the CEOs, investors, and innovators shaping what's next in technology.

465.652 - 480.853 Emily Chang

Powered by Bloomberg's Global Newsroom and unrivaled terminal data, we'll break down the capital, connectivity, and big ideas driving the industry forward. Be part of the conversation. Register now at BloombergLive.com slash tech. That's BloombergLive.com slash tech.

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