The Broadcom Stock Paradox: Why a $2 Trillion Valuation Ignores the Base Economics of Custom Chips

Oil rebounded as fresh US military strikes in Iran clouded the outlook for an interim deal between Tehran and Washington to reopen the Strait of Hormuz, with the talks set to continue for several more days. Bloomberg's Garfield Reynolds has the latest. (Source: Bloomberg)

GSR Ventures Management Co., an early investor in Chinese social media app RedNote, is seeking investors for a new fund, according to people familiar with the matter.

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

The forces driving the threat of robot overlords get a morality check.