Breaking Iran cease-fire headlines sent travel stocks soaring as oil prices dropped sharply. Kayak CEO Peer Bueller joined Bloomberg Open Interest to explain why travelers are still booking trips despite geopolitical chaos, rising airfare, and inflation, and why AI is changing how consumers search for deals. Plus, the hidden link between Middle East tensions and airline profits. (Source: Bloomberg)

Bloomberg's Mark Gurman says consumers "should be pumped" about the massive changes Apple is making to Siri. It's part of their effort to bring artificial intelligence to the masses. The updates are expected to be announced at the June 8 Worldwide Developers Conference. He reports on "Bloomberg Tech." (Source: Bloomberg)

Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers cannot depend on a potential productivity boom from AI to ease elevated inflation at a conference in Reykjavík, Iceland. (Source: Bloomberg)

Jensen Huang, chief executive officer of Nvidia Corp., signs autographs as he arrives for a dinner event in Taipei, Taiwan. The event, dubbed "The Trillion Dollar Banquet," is a regular dinner hosted by Huang when he visits his Taiwanese partners. Huang has been in the country this week attending multiple events. (Source: Bloomberg)

Just last year, private credit firms were falling over themselves to lend to software borrowers like Sophos. Now, AI anxiety has snarled up the market so much that Thoma Bravo’s $2.5 billion refinancing for the cybersecurity firm is facing hesitant lenders.

On this episode of Stock Movers with John Tucker: - Apple (APPL) is moving on news the next iPhone, iPad and Mac software updates will feature a revamped Siri interface and a new chatbot-style app. The new Siri will include features such as the ability to understand personal data and analyze on-screen content, a rebuilt model using Google Gemini technology, and AI-powered web search. - Caesars Entertainment (CZR) shares are on the move as the company agreed to be bought by Fertitta […]

Alphabet Inc.’s Waymo unit will deploy a new autonomous vehicle designed specifically for robotaxi use, offering public rides in California and Arizona without human supervision.

Snowflake Inc. shares jumped after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon’s cloud services and chips. Snowflake CEO Sridhar Ramaswamy speaks to Bloomberg's Matt Miller and Caroline Hyde about the results and how it will work with Amazon. (Source: Bloomberg)