Bloomberg News

Take a peek behind the scenes of our news quiz, Pointed, in the Bonus Points newsletter. 📥 Last week's hardest question made people think Squid Game was CoComelon. Read more from Quizmaster Aimee Lucido ⤵️

The Office of the US Trade Representative has sent letters to trading partners to remind them of an upcoming deadline in tariff negotiations, according to the White House, an effort by the administration to push forward talks.

New: Technology to cut carbon emissions from giant ships that transport 80% of the world's trade in goods and account for 3% of global greenhouse gas emissions tends to be complex and costly. But the pandemic led the Los Angeles ports to create a low-cost queuing system with a big impact on emissions. Free link.  https://lnkd.in/e-jNJGHp

Swiss authorities evacuated the town of Blatten days before the Birch glacier collapsed, but the resources that allowed them to do that are not available to most countries.

Has the Indian investor come of age? Here's what personal finance expert Monika Halan had to say at Bloomberg's Where To Invest event in Mumbai. Read the expert panel's take on the upcoming RBI policy: http://bloom.bg/3SU8n1b

Breaking: South Korea’s Kim Moon-soo has conceded defeat to Lee Jae-myung in the presidential election. Follow our coverage.

J Batt has been named the new athletic director at Michigan State after his time at Georgia Tech. Just weeks ago, he told Alex Rodriguez and Jason Kelly he’s committed to navigating the changing landscape of college athletics, emphasizing the tremendous value he says it brings to the overall student experience. Watch the full episode here https://lnkd.in/exqzTyw5

Signs are emerging that the Trump administration may be less willing to give up control of mortgage giants Fannie Mae and Freddie Mac than investors have bargained for, as policymakers scrounge for ways to close US budget gaps.

Nvidia is within striking distance of reclaiming the title of the biggest company in the world, following a rally that has added more than $1 trillion -- that's trillion with a T -- in less than two months. While it never quite went out of favor, the AI-focused chipmaker has faced a number of hurdles and questions that led to shares tumbling in the first months of the year. First, China's DeepSeek seemed to scramble the equation for how much money and chips might ultimately be needed to build out AI infrastructure. Then, growing concerns about whether AI was paying off for major companies raised the prospect that their spending may soon slow or reverse. Finally, the Trump administration's trade war and restrictions on selling some chips to China put another cloud over the outlook. While some of these issues remain and could flare up again, Nvidia has shown no signs of slowing down. Growth remains robust, capex from its biggest customers continues to rise, its technology continues to be seen as the gold standard, and deals with countries in the Middle East point to its ability to navigate a tricky geopolitical environment and find new markets. It's hard to find many Nvidia bears today, as the pace of the company's growth has kept the valuation in check, making it the cheapest Magnificent Seven name in terms of its PEG ratio. For more, read the latest Tech Watch column from Carmen Reinicke and myself:

Brazil's fiscal consolidation is inevitable. It could also be a winning strategy in next year’s presidential election new column for Bloomberg Opinion 🎁 link https://lnkd.in/dHG2MbCq