Bloomberg MicroStrategy Inc sinks, leading a slump in cryptocurrency-exposed stocks, as Bitcoin tumbled below the $30,000 key level for the first time in five months. The enterprise software company fell as much as 12%, its steepest intraday decline since May 19, before closing down 4.5%. Shares of other crypto-linked firms also stemmed their losses as Bitcoin recovered after earlier wiping …

Bloomberg Oil retreated after hitting $75 a barrel in London for the first time in more than two years, as Russia and other Opec+ nations were said to consider increasing production. Brent crude edged above $75 in Asian trading hours as price indicators and inventory data showed that demand still outstrips supply. The gains faltered as Russia — which jointly …

Bloomberg The deals during Amazon.com Inc’s annual Prime Day sale will be stingier this year, according to merchants, thanks to rising shipping costs, higher advertising rates and scarce inventory. The two-day event arrives as the world grapples with the lingering effects of the pandemic. Supply-chain disruptions — including the Suez Canal shutdown earlier this year and a spike in Covid …