US Strikes Iran, Iran Vows Response, Mythos 5 Cleared by US, More

31.097 - 46.839 Ed Kalecki

News when you want it. With Bloomberg News Now, I'm Ed Kalangi. The U.S. attacked Iran one day after Tehran struck a commercial ship in the Strait of Hormuz. an exchange that threatened to break the two countries' fragile ceasefire. U.S. Central Command says in a post on X the U.S.

46.919 - 68.007 Ed Kalecki

military conducted strikes against Iran late Friday as a powerful response to yesterday's attack on a commercial ship that was transiting the Strait of Hormuz. CENTCOM says U.S. aircraft struck Iranian missile and drone storage locations and coastal radar sites, and that the U.S. military remains present and vigilant to ensure all aspects of the agreement with Iran are

67.987 - 93.285 Ed Kalecki

are adhered to, obeyed, and in full force and effect. Iran vowed to respond, this according to the semi-official ISNA news agency, citing a statement by the Islamic Revolutionary Guard Corps. Our naval and air forces successfully repelled the attack, the IRGC claimed in the statement. The Guard Corps also said it had targeted U.S. military positions in the region. This from state-run Press TV.

93.94 - 114.324 Ed Kalecki

Earlier in the day, President Trump accused Iran of violating their ceasefire agreement by firing at cargo ships transiting the strait, underscoring how unsettled the situation remains in a waterway critical to global energy flows. In the Oval Office on Friday afternoon prior to the U.S. response, the president was asked by a reporter if the U.S. would retaliate.

114.824 - 133.262 Donald Trump

I don't like the fact that they took a shot yesterday. Actually, four. We knocked down three at a ship. not an Allied ship, but a ship, a very expensive ship, and it was fine, but it took a little beating. They shouldn't be doing that, so you'll find out.

200.469 - 221.367 Ed Kalecki

Apple's top executive in charge of the Vision Pro headset and the company's smart glasses efforts is leaving for OpenAI. Continuing a streak of high-profile defections to rivals in the artificial intelligence and hardware sectors, Paul Mead, a vice president, is set to leave Apple by next week and will then start at OpenAI's hardware unit, according to people with knowledge of the matter.

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Meade will work on OpenAI's upcoming family of AI-powered devices. Shares of Apple paired earlier gains on the news. Aaron Weiner is shuttering his Millennium Management-backed hedge fund and returning to his former employer, Cotu Management, less than two years after leaving to set up his own shop.

239.912 - 254.592 Ed Kalecki

Philippe Lafonce Cotu encouraged the 33-year-old to come back to launch a second iteration of the structured equity fund he previously ran at the firm. This, according to people familiar with the matter, The new fund is looking to raise $5 billion with a focus on private companies.

255.213 - 275.046 Ed Kalecki

In offering Weiner the job, Cotu brokered a highly unusual deal with Millennium, which had exclusively backed his new venture, Atlantic Wolf Capital, with $3 billion. The Financial Times reports Apple is lobbying the Trump administration for clearance to buy memory chips from CXMT, citing six unidentified people familiar with the matter.

275.026 - 287.968 Ed Kalecki

Apple seeks to ease the financial pressure on the company from the rise in memory chip prices and approached the Commerce Department more than a month ago, but the tech company has been targeting other officials across the administration and allies in Washington.