Crypto News: More defense

Good morning. America sends missile defenses to Israel. Kamala Harris goads Donald Trump about his health. And why you should be careful how you pimp your Ferrari. Listen to the day's top stories.

Note to readers: Welcome to our new Morning Briefing newsletter. As a previous subscriber to the Bloomberg Open and Bloomberg Close, you'll now be receiving our new flagship morning and evening offerings that bring you the most important news and analysis of the day. Manage your newsletter preferences anytime at Bloomberg.com/newsletters.

Markets Snapshot

S&P 500 Futures

Bloomberg Dollar Spot Index

Market data may be delayed depending on provider agreements.

The US is sending an advanced missile defense system and associated troops to Israel to help shield its ally from attacks by Iran, the Pentagon said. Over the weekend, a Hezbollah drone strike killed four soldiers at a northern Israeli base, while at least 20 people died in an Israeli airstrike on a Gaza school, the Associated Press reported.

Election latest: Kamala Harris said Donald Trump may be "too weak and unstable to lead," needling him for keeping his medical records private after releasing her own. She and her VP pick Tim Walz will spend the coming week criss-crossing Blue Wall swing states.

Kamala Harris Highlights Capital Access, Crypto in Bid to Woo Black Men

Read the Story

A boost for Bitcoin. It climbed above an average that filters out random peaks and troughs partly because prediction markets signaled prospects of a victory by Trump. (He's perceived as more pro-crypto than Harris.) The former president called for pay raises and bonuses for border patrol agents to help recruit 10,000 more to secure the US-Mexico border. Bloomberg Opinion's Mary Ellen Klas explains why he's winning with some immigrants.

Things are heating up in Canadian politics too. Lawmakers within Prime Minister Justin Trudeau's governing Liberal Party are reportedly organizing to pressure him to step down. The drama is ratcheting up as disgruntled Liberals return to parliament following damaging by-election losses.

It sounds like a joke: A company called OpenAI sues a company called Open AI. But it's real—and not simply a trademark dispute, but about who and what determine Silicon Valley's winners and losers. Still, it's been a great week for AI, with three nods from the Nobel Prize Committee (including the Economics one today) and new smart home plans from Apple.

Photographer: Sergio Flores/AFP

SpaceX stunned the world during its Starship rocket test over the weekend, catching its booster in midair after it came back from space.

The launch system still faces many daunting development challenges before it's able to head to the moon for NASA, let alone anchor Elon Musk's grander dream of carrying humans to Mars.
A California state commission voted against approving more SpaceX launches from the Vandenberg Space Force Base, northwest of Los Angeles, in the latest sign of discontent with Musk's rocket company.

Related Stories

Vast Announces Plans for Space Station to Succeed NASA's ISS

Defense, Space Firms Partner on Orbital Craft for National Security Missions

Be very careful when personalizing your $500,000 Ferrari, Chris Bryant writes. Nearly new sports cars are piling up in the used market, in part thanks to poor customization choices, but that's not the only problem.

More Opinions

John Authers

Markets Return to a Trump Tipping Point

Clive Crook

Tariffs Don't Help Displaced Workers Like Wage Insurance Does

How the 'Hurricane Insurance' That Helps Florida Fails the Poorest Countries

Catastrophe bonds have become Wall Street's new favorite way to manage the risk of climate-fueled disasters. But they can leave vulnerable nations out of luck when misfortune strikes.

Read the Story

Photographer: Michael Reaves/Getty Images

Kenya's Ruth Chepngetich shattered the world record for women at yesterday's Chicago Marathon. She finished in just 2 hours, 9 minutes and 56 seconds—almost two minutes faster than the previous fastest time. Watch more highlights from the race.

A Couple More

Why Porsche Made New Tires for a 20-Year-Old Supercar

It's Peak Peacock Season, So Here Are the Clothes to Prioritize

Enjoying Morning Briefing? Check out these newsletters:

Markets Daily for what's moving in stocks, bonds, FX and commodities
Breaking News Alerts for the biggest stories from around the world, delivered to your inbox as they happen
US Election Alerts for updates, analysis and breaking news on the US presidential election
Supply Lines for daily insights into supply chains and global trade
FOIA Files for Jason Leopold's weekly newsletter uncovering government documents never seen before

Explore all newsletters at Bloomberg.com.

Like getting this newsletter? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and subscriber-only insights.

Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more.

Want to sponsor this newsletter? Get in touch here.