DeepSeek Nears $7B Funding in Historic AI Deal

Excerpt from Bloomberg: “Economy’s growing concentration on the oil and gas industry has sparked concerns”

Excerpt from Bloomberg: “Private credit’s getting into the luxury car business.”

Excerpt from Bloomberg: “The AI era is set to enrich Wall Street in a way different from previous technology booms.”

Excerpt from Bloomberg: “Russia’s next business ombudsman wants to see fewer entrepreneurs winding up in jail or pre-trial detention, arguing that imprisonment remains overused in cases of economic crimes despite years of legal reforms.”

Excerpt from Bloomberg: “Spain is confident it’ll be awarded a massive artificial intelligence data center project by the EU and plans to invest as much as €800 million ($929 million) in it.”

Excerpt from Bloomberg: “Bahrain is marketing a dollar bond hours after fending off Iranian missile attacks, in a key test of investor appetite for Middle East debt.”

Excerpt from Bloomberg: “US stocks struggled to build on record gains amid ceasefire tensions between the US and Iran. Growing strains on the ceasefire between the US and Iran sent oil prices higher for a third straight day. Meanwhile US President Donald Trump is proposing new tariffs of at least 10% on…”

Excerpt from Bloomberg: “The first oil supertanker in almost a month has been spotted moored at Iran’s main crude-export facility in the northern Persian Gulf, highlighting the largely effective nature of an American blockade on Tehran’s shipping.”

Excerpt from Bloomberg: “Suno Inc., a startup that enables people to make music using artificial intelligence, has raised $400 million at a valuation of $5.4 billion.”

Excerpt from Bloomberg: “Bound for another term, Ethiopia’s prime minister has a long list of tensions to deal with.”

Excerpt from Bloomberg: “DeepSeek is close to finalizing a deal to raise about 50 billion yuan ($7.4 billion) from investors including Tencent Holdings Ltd. and its own founder in one of China’s largest startup financings, a milestone for a domestic AI industry seeking capital to take on marquee US…”

Excerpt from Bloomberg: “France, Italy and Spain are proposing a package of reforms that would ease the way for banks doing cross-border business in Europe, according to documents seen by Bloomberg News.”

Excerpt from Bloomberg: “Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.”

Excerpt from Bloomberg: “Broadcom Inc. shares have been on a tear, adding more than $280 billion in market value in just the last four sessions. But with earnings arriving after the bell, investors will have a chance to assess whether the rally has gone too far.”

Excerpt from Bloomberg: “South Korean President Lee Jae Myung’s party is on track for a resounding victory in key local elections that is likely to pile pressure on opposition conservatives as they struggle to reinvent their party after the debacle of their former leader’s martial law decree.”

Excerpt from Bloomberg: “UK energy supplier Ovo Energy Ltd. is set to pay £10.4 million ($14 million) after an investigation by the nation’s watchdog found its actions had put customers at risk.”

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Excerpt from TheStreet: “The Bureau of Economic Analysis released its April 2026 Personal Income and Outlays report on May 28, 2026, showing prices climbing faster on an annual basis, disposable income contracting, and the personal saving rate falling for a fourth straight month to a multi-year low. The…”

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Excerpt from Bloomberg: “The US and Iran clashed again overnight, with Kuwait and Bahrain caught in the crossfire of one the most serious flare-ups since a ceasefire went into effect in early April.”

Excerpt from Bloomberg: “The US is proposing new tariffs of at least 10% on imports from 60 trading partners in President Donald Trump’s biggest move to rebuild his protectionist wall since his earlier levies were struck down by the Supreme Court.”

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Excerpt from TheStreet: “The federal student loan system is undergoing one of its biggest changes in years. Beginning July 1, 2026, the new Repayment Assistance Plan (RAP) becomes the primary option for new borrowers, while borrowers currently enrolled in the SAVE plan will need to choose a new…”

Excerpt from TheStreet: “Hiring a professional to work on small home repairs can get expensive fast. A 2025 Angi’s State of Home Spending Pulse report revealed that of the homeowners interviewed, 71% said they have postponed at least one home project this year, while 58% said they delayed projects…”

Excerpt from Bloomberg: “Gold declined as renewed clashes in the Middle East cast doubt over negotiations between the US and Iran to end the war that’s upended energy flows and heightened inflation concerns.”

Excerpt from Bloomberg: “US stocks struggled to build on record gains as growing strains on the ceasefire between the US and Iran sent oil prices higher for a third straight day.”

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