President Donald Trump said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic.  “I want to give them every last chance before decapitation,” Trump told reporters in the Oval Office. “You’ll find out today or tomorrow. I mean, they’re going to go quickly, one way or the other. It’s not very complex.”
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SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk’s company reported an operating loss of $1.26 billion from its AI business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management says SpaceX is still a compelling stock to own. He speaks on “Bloomberg The Close.”
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Chevron CFO Eimear Bonner discusses the company’s second-quarter earnings and strategy for operating amid the current geopolitical risks with Bloomberg’s Romaine Bostick on “Bloomberg The Close.”
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The days of stumbling across a cheap seat on a popular flight may soon be over. K. Oanh Ha explains how airlines are adopting AI to squeeze more revenue from every flight.
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Federal Reserve Chairman Kevin Warsh is considering reducing the number of Federal Reserve policy meetings, which drew concern from economists and market strategists, who say fewer scheduled decisions could increase uncertainty and make policy moves more disruptive. Bloomberg News International Economics & Policy Correspondent Mike McKee and Seaport Research Partners and Chief Equity Strategist Jonathan Golub join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss these concerns and strong corporate earnings, widening credit spreads and debate over the economic impact of artificial intelligence.
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