Bank of Montreal hired Trevor van Arragon from rival Toronto-Dominion Bank for a newly created role leading BMO’s Canadian business banking division.

Ferrari NV shares fell almost 8% in Milan after the Italian super-car maker unveiled the Luce, its first fully electric vehicle, marking a sharp setback for one of the industry’s most closely watched EV debuts. US equity futures extended gains and Treasuries rallied as investors remained hopeful of an imminent deal to end the Middle East conflict, despite US strikes on Iran that sent oil prices higher. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Joumanna Bercetche and Tom Mackenzie. (Source: Bloomberg)

Nvidia's latest earnings reveal a major shift in AI demand. TD Cowen analyst Joshua Buchalter explains why hyperscalers are no longer the whole story, how AI is moving beyond data centers into the real world, and why the company's massive supply chain commitments could cement its dominance for years. (Source: Bloomberg)

GameStop Corp.’s proposed $20 billion financing of its bid for eBay Inc. rests on the assumption that the combined company’s debt would be investment grade, a premise that people familiar with the matter and at least one ratings firm suggest is far from a sure thing.

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Oil spikes as fresh headlines show Middle East tensions are far from over, pulling focus from strong megacap tech earnings. Dani Burger sits down with top power players at the Milken Institute Global Conference, including Apollo Co-President John Zito, Oaktree Co-CEO Armen Panossian, and PJT Partners CEO Paul Taubman. Plus, former State Department official Jennifer Gavito, now a senior adviser at The Cohen Group, on the renewed tensions. (Source: Bloomberg)

GameStop Corp.’s audacious $56 billion bid for eBay Inc. is relying on a tactic made famous by the corporate raiders of the 1980s to help prove it has the means to carry out the deal — if not the cash in hand.

Tesla is tripling AI spending to $25B as its robotics ambitions ramp up, while EV sales send mixed signals. TD Cowen’s Itay Michaeli joined Bloomberg Open Interest to explain why demand may be stronger than it looks, why losing tax credits hurt more than high gas prices helped, and how upcoming EV launches could spark the next surge. (Source: Bloomberg)

Toronto-Dominion Bank is weighing a rare type of significant risk transfer to hedge current and future data center exposure as tech companies ramp up artificial intelligence investment.

Toronto-Dominion Bank is weighing a rare type of significant risk transfer to hedge current and future data center exposure as tech companies ramp up artificial intelligence investment.

Toronto-Dominion Bank paid former Chief Executive Officer Bharat Masrani C$3 million ($2.2 million) last year to advise on its anti-money-laundering remediation efforts.

Toronto-Dominion Bank is gauging demand from investors for a significant risk transfer tied to a portfolio of about $5 billion of corporate loans.

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 Harvard University’s Gita Gopinath, Man Group’s Matt Rowe, TD Cowen’s Doug Creutz, Cambridge Associates’ Andrea Auerbach, UBS Alignment Partners’ Alli McCartney, Westwood Management’s Adrian Helfert, Colliers’ Anjee Solanki, Macy’s Toney Spring, Sleep Number’s Linda Findley. (Source: Bloomberg)

Mark Ferguson, a former managing director in the equity capital markets business at TD Securities, is suing the bank for wrongful dismissal, according to court filings seen by Bloomberg News.