October 13, 2026

Tesla and Xpeng are competing beyond EVs and into AI, as Bloomberg’s Caroline Connan explores the Cybercab and takes Xpeng’s autonomous tech for a spin in Paris. (Source: Bloomberg)

The Federal Trade Commission and seven states say Shkreli should be held in contempt

Four of Wall Street’s biggest banks reported earnings on Tuesday morning. JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. set a fresh record for how much they earned from lending. Herman Chan of Bloomberg Intelligence has more. (Source: Bloomberg)

Indian Foreign Minister Subrahmanyam Jaishankar said trade negotiations with the US were close to a conclusion, though final details remained to be resolved.

Yields in the US and other advanced economies have climbed to multidecade highs, tightening financial conditions, amid higher inflation triggered by the US-Iran war and concern about budget shortfalls.
Traders have responded by paring rate-hike expectations, with the amount priced into swaps across eight major economies falling by almost 200 basis points since mid-September, according to data compiled by Bloomberg. 
Ed Yardeni, President at Yardeni Research, discusses his S&P call and why he believes rates are ‘back to normal’ and not ‘higher for longer.’ (Source: Bloomberg)

CFTC analysts flagged unusually well-timed trading ahead of a March 23 Truth Social post in which President Donald Trump postponed planned U.S. strikes on Iranian energy facilities. Billions of dollars in contracts changed hands in the 15 minutes before the announcement. According to sources, analysts identified traders and referred their findings to the CFTC’s enforcement division, but a senior official intervened and asked them to retract the referral. Charles Gorrivan reports on “Bloomberg Open Interest.” (Source: Bloomberg)

“The house cost $385,000. With my savings, her $50,000 and a small mortgage, I was able to close.”

KBW Head of US Bank Research Chris McGratty joined Bloomberg Open Interest to break down what’s driving bank earnings. He explains why large banks may still appeal to investors  and how consumer health, interest rates and consolidation could shape what’s ahead. (Source: Bloomberg)

On this episode of Stock Movers:

– Domino’s Pizza (DPZ) shares are lower after the restaurant chain reported total domestic stores comp sales growth for the third quarter that missed the average analyst estimate.
– Johnson & Johnson (JNJ) shares are moving as the company reports earnings. J&J raised its profit guidance as demand for newer drugs in cancer and autoimmune diseases overshadowed more anemic growth in the company’s medical device business.
– Bumble (BMBL) shares are halted on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public. (Source: Bloomberg)