Keep pulling the thread on Bloomberg Surveillance.
Victoria Coats believes that recent U.S. military actions, including bombing radar and missile sites and threatening Kharg Island, pressured Iran into seeking a deal to avoid irrecoverable damage.
According to Bloomberg sources, SpaceX has secured investment-grade ratings from three major bond rating agencies.
Credit Suisse expects SpaceX to receive an investment-grade (IG) credit rating and come to the debt market relatively quickly after its IPO.
Zach Griffiths estimates that SpaceX is likely to issue around $20 billion in debt in the near term.
Zach Griffiths expects SpaceX to have an annual cash burn of $20 to $30 billion as it invests in its infrastructure business.
Earnings estimates for the Nasdaq have been revised upward by 10% since the end of March.
Earnings estimates for semiconductor companies have been revised upward by 17% since the end of March.
Victoria Coats asserts that reports from Iran's semi-official Mehr News Agency are not reliable news but rather a messaging tool for the Iranian regime to signal its desired deal terms to its own population.
Saudi Arabia is developing the Petroline pipeline to create an alternative export route that bypasses the Strait of Hormuz.
The United Arab Emirates is building the Fujairah pipeline to circumvent the Strait of Hormuz.
A potential natural gas pipeline across the Arabian Peninsula is being discussed, which would give Qatar access to an alternative export route.
SpaceX's recent deals with Google and Anthropic are not yet reflected in its last twelve months (LTM) financial metrics.