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Transcripts For BLOOMBERG Bloomberg 20240703

Grown diamonds and what is next for debeers as it faces a potential spinoff. I matt miller on this monday here in new york city, welcome to Bloomberg Markets to kick off the week. Irans president has been killed in a helicopter crash. The foreign minister also died in the accident. Iran has entered five days of mourning and an election will take place in the next 50 days. Bobby joins us with more details. I guess the most important question is how did this happen, who was involved . Bobby we do not know anything to suggest this was not an accident. This was a three helicopter convoy flying from the northwest of the country. Its a mountainous part of the country. There was bad weather, fog and rain. Remember iran has been under economic sanctions now for decades but they have not had the access to parts of technologies. Theyve not been able to buy so this is a very old craft in quite treacherous weather. There is no indication to select or suggest foul play was involved. This is a part

Transcripts For BLOOMBERG Bloomberg 20240703

Earnings this week. Of course, the dow jones flirting with the 40,000 level. Down but pretty much flat on the day. We will keep an eye on that throughout the day. We have yields to keep an eye on. Above 482 start the week to move about one basis point. Bitcoin on the rise. We have some Risk Appetite today. Gold spa Still Holding on with a bid of about 1. 5 . We have some movers under the surface. Shares soaring after announcing a treatment with the same active ingredient as another weight loss drug for 199 a month that undercuts big pharma by as much as 85 . Dozens of other telehealth, but companies have been trying to tap into the weight loss drugs. We are looking at Grayscale Investments because Michael Sonnenshein is stepping down and Peter Mintzberg from global sucks global Goldman Sachs will be taking over. Feet yet has seen billions in outflows since the launch of the queen etfs. Back to the fed, the higher for longer narrative, he had this to say this morning with Michael Mckee.

BlackRock s IBIT Surpasses Grayscale s GBTC as Largest Spot Bitcoin ETFs

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ON THE MOVE: Grayscale Investments Gets Peter Mintzberg; NinjaTrader Makes Senior Hires

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