julie: that was baron davis.w time for the bloomberg business flash, a look at some of the biggest business stories in the news right now. anthony scaramucci's agreement to sell his stake in sky bridge capital is inching forward. a person familiar with the matter says the national security panel that reviews foreign takeovers of u.s. businesses has accepted the sale for review. scaramucci first agreed to the deal more than a year ago as he was chatting is this conflicts to take a job in the white house. trading on three crypto companies has been suspended by the fec. they are suspended due to questionable business models and asset valuation. the sec also reiterated its anding to investors companies certainly focusing on cryptocurrencies or blockchain technology. that is your business flash update. julie: pretty obvious. we have been talking about it for a while. joe: coming up, what you need to know for next week. this is bloomberg. ♪ scarlet: "what'd you miss?" u.s. stocks kind of stumbling, losing steam into th

going to los angeles for the nba tech summit, former nba player baron davis joins us.anther" ise "black underway with it expected to taken a quarter of a billion dollars this weekend. the future of the box office this hour. abigail doolittle is with us halfway into the trading day. >> another day of gains for the major averages in the u.s. with the dow, s&p 500, nasdaq at session highs, up 46 day in a aw -- four a sixth day in row. the rebound rally we have seen in reaction to two weeks of intense selling pressure is taking shape. a possible source of bullishness is yields are lower. as stocks rally, we have haven bonds rallying. a piece of the selloff last week and the week before. bloomberg tothe see how large the weekly gains are because stocks at session highs and on facebook the best week for the nasdaq and s&p 500 since 2011. this is g #btv 6805 . here are the worst since 2016 but this week, we had the three major averages up. s&p 500 and nasdaq on pace for their best week since 2011. a huge rebound rally. interesting to see what happens next week. our,, up nearl