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Speaker 1: News when you want it with Bloomberg News Now, I'm Prisner.

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Speaker 1: The US and Iran are set to whold talks tomorrow

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Speaker 1: on Tehran's nuclear ambitions. Today, President Trump told reporters he

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Speaker 1: would be indirectly involved in those negotiations.

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Speaker 2: You will see what can happen. Spe typically ransom, very

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Speaker 2: tough negotiator, the good negotiators or bad. I would say

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Speaker 2: they're bad negotiators because we could add a deal instead

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Speaker 2: of sending the B twos into knockout their nuclear potential,

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Speaker 2: and we had to send the B twos. I hope

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Speaker 2: they're going to be more reasonable.

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Speaker 3: They want to make a deal now.

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Speaker 1: The President has already threatened to strike the Islamic Republic

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Speaker 1: unless it agrees to a deal curbing Tehran's nuclear program

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Speaker 1: in exchange for sanctions relief. SpaceX and its wholly owned

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Speaker 1: subsidiary Xai are competing in a secretive New Pentagon contest.

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Speaker 1: The goal is to produce autonomous drone swarming technology. Now

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Speaker 1: initial voice commands would be translated into digital instructions with

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Speaker 1: the capability of running multiple drones. This project will be

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Speaker 1: done in phases, beginning with software development and progressing to

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Speaker 1: real life testing. The ultimate aim is to create technology

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Speaker 1: used for offensive purposes. Talks to extend a contract between

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Speaker 1: Anthropic and the Pentagon have hit a snag. We are

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Speaker 1: told Anthropic wants guardrails in place to stop its clawed

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Speaker 1: AI tool from being used for mass surveillance of Americans

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Speaker 1: or to develop weapons that can be deployed without a

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Speaker 1: human involved. Now, the Pentagon wants to be able to

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Speaker 1: use claud as long as its deployment does not break

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Speaker 1: the law. In Rhode Island, three people are dead after

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Speaker 1: a shooting at an indoor ice rink and Patucket. The

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Speaker 1: suspect is among the dead after fatally shooting himself. Police

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Speaker 1: say three other victims are hospitalized in critical condition. Now,

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Speaker 1: the shooting happened during a youth hockey game. Here is

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Speaker 1: Patucket Police Chief Tina Gonkalvitch.

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Speaker 4: It appears that this was a targeted event, that it

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Speaker 4: may be a family dispute. We cannot release the names

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Speaker 4: of the victims because obviously we want to speak to

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Speaker 4: the family make sure that the family is well aware

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Speaker 4: of what happened before we release that information publicly. We

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Speaker 4: had assistants from multiple police departments that came in to

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Speaker 4: assist to offer their assistants. Obviously, the Attorney Generals is

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Speaker 4: also there, with US now going over the crime team.

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Speaker 1: That was Patucket Police Chief Tina Gongalvez. The Trump administration

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Speaker 1: has been ordered to temporarily restore displays about George Washington's

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Speaker 1: ownership of enslaved people. Last month, workers from the National

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Speaker 1: Park Service arrived unannounced at a monument on the spot

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Speaker 1: of a home used by Washington and President John Adams

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Speaker 1: in Philadelphia during the early days of the Nation Now,

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Speaker 1: the workers took down displays describing the local history of

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Speaker 1: slavery and commemorating the nine enslaved people Washington kept there

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Speaker 1: while he was president.

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Speaker 3: Well.

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Speaker 1: Today, a federal judge said the government's claim to have

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Speaker 1: the power to race and alter historical accounts of the

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Speaker 1: country's monuments echoed George Orwell's nineteen eighty four This order

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Speaker 1: means the government must put the materials back up while

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Speaker 1: the underlying lawsuit proceeds in court. It's a holiday shortened week,

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Speaker 1: the path of US interest rates will remain in focus.

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Speaker 1: After a tame reading last Friday on US retail inflation,

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Speaker 1: markets are now fully pricing a FED rate cut in July,

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Speaker 1: and the strong possibility of a rate cut in June. Meantime,

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Speaker 1: AI disruption is rippling through markets. Here is Natalia Lipikina,

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Speaker 1: head of EMEA Strategy at JP Morgan.

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Speaker 5: I think for now we're so much focused on what

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Speaker 5: is happening in the tech sector because the disruption just

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Speaker 5: happens so fast. The market just trying to figure out

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Speaker 5: who will be the winner, who will be the lude.

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Speaker 5: But if you look outside and think about how much

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Speaker 5: the hyperscale is suspending, we're going to have six hundred

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Speaker 5: billion again this year and that has positive impact on SEMIS,

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Speaker 5: on industry, on you too. It is unlike such a

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Speaker 5: big portion of the market, that is.

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Speaker 1: Natalia Lipikina from JP Morgan. US Markets will be back

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Speaker 1: online Tuesday with plenty of earnings to consider in the

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Speaker 1: week ahead. We have a preview from Bloomberg's Charlie Pellett.

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Speaker 3: Investors are looking beyond the headline and guidance numbers for

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Speaker 3: clarity on AI capital investments. Mark Lushini is chief investment

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Speaker 3: strategist at Jenny Montgomery Scott. He's watching revenue. I mean

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Speaker 3: right now we're seeing not only estimates obviously, as we're

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Speaker 3: closing out confession season for the first for the fourth

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Speaker 3: quarter continued.

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Speaker 1: To beat expectations. That's a pretty heavy pace, not only

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Speaker 1: on earnings but revenues.

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Speaker 3: Among this week's most closely watched reports will be Walmart,

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Speaker 3: also reporting tech names Palo Alto Networks, Analog Devices, and

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Speaker 3: Cadence Design Systems in New York, Charlie Pellett Bloomberg.

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Speaker 1: Radio legendary actor Robert Duval has died today. In a

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Speaker 1: post on social media, Duval's wife said he died peacefully

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Speaker 1: at his home in Middleburg, Virginia, over the weekend. Duvall

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Speaker 1: starred in such film classics as The Godfather and Apocalypse.

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Speaker 1: Now Here is a moment from Apocalypse Now.

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Speaker 4: Don't think else of the world spells like that.

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Speaker 1: Hi love the Spellbraye Pom in the Morning. Duval won

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Speaker 1: an Academy Award for Best Actor as a former country

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Speaker 1: music star in the nineteen eighty three film Tender Mercies.

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Speaker 1: Robert Duval was ninety five and that is news when

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Speaker 1: you want it with Bloomberg News. Now, I'm Doug Chrisner,

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Speaker 1: and this is Bloomberg