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S&P, Nasdaq Log New Record Highs | The Close 7/10/2025

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Kayne Anderson Rudnick’s Julie Biel, ARKHOUSE’s Gavriel Kahane, Barclays’ Brandon Oglenski, Harbourview Equity Partners’s CEO Sherrese Clarke, Man Group’s Matt Rowe, Pimco’s Tony Crescenzi, Credit Agricole CIB’s Olga Yang, Brookings Institution Senior Fellow Landry Signe, Professional Fighters League CEO John Martin (Source: Bloomberg)



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Funding & Business

Apple Stock Downgraded After iPhone 17 Reveals

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Apple Inc. was hit with a pair of downgrades on Thursday, in the latest sign of caution toward the iPhone maker, a day after revealing the new lineup of iPhones. One analyst says the new products “left us uninspired.” Bloomberg’s Mark Gurman reports. (Source: Bloomberg)



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Funding & Business

Anglo’s Swoop for Teck Leaves Bigger Mining Rivals on Back Foot

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Anglo American Plc’s swoop for Teck Resources Ltd. swiftly found rival mining executives jumping on calls with bankers and advisers to find out more about the roughly $60 billion deal — realizing that two of mining’s best prizes had eluded them.



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Funding & Business

Argentina Let the Peso Plunge and Then Stepped In to Contain Losses

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President Javier Milei’s administration unexpectedly allowed the peso to weaken this week, while simultaneously moving to prevent the rush out of the currency from turning into a stampede that would reignite inflation.



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