Business
Trump Rejects Iran Offer as Tensions Rise | Open Interest 5/11/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on “Bloomberg Open Interest.” Oil jumps as President Trump calls Iran’s latest peace offer “totally unacceptable.” Moderna revives the biotech trade as officials race to contain a cruise ship-linked hantavirus outbreak. And KKR’s $300 million rescue of a struggling credit fund raises fresh questions about private markets. Plus, Bruce Douglas on KKR’s credit bet, Mary Ann Bartels believes a secular bear market will kickoff the next decade, Mike Pyle on AI investing, Flex CEO Revathi Advaithi, Starz CEO Jeffrey Hirsch, and Bond CEO Bill Papariella.
Chapters:
00:00:00 – Open Interest
00:02:12 – Semiconductor Stocks Extend Gains on Ai Euphoria
00:06:08 – Moderna Extends Gains on Hantavirus Push
00:10:38 – Trump May Press XI Over China’s Iran Approach
00:12:34 – High Interest | SoftBank, NBC Wordle, KKR
00:13:31 – KKR Injects $300M into Credit Fund
00:23:11 – Stock to Watch | Moderna
00:25:03 – Mary Ann Bartels Sanctuary Wealth | AI Buildout Driving Economy
00:32:31 – op Calls | Starz, Pitney Bowes, Dell
00:33:58 – Leslie Vinajamuri The Chicago Council on Global Affairs | Trump Rejects Iran Offer as “Unacceptable”
00:41:01 – OpenAI Taps PE Firms to Use AI in Portfolio Companies
00:45:29 – Mike Pyle Blackrock | Stocks Waver as Iran Dreadlock Lifts Oil and Yields
00:55:00 – Oil Rises as US, Iran Wrangle Over Deal to End War
01:07:57 – Revathi Advaithi Flex | Spin-Off Ai Infrastructure Unit
01:16:03 – Jeffrey Hirsch Starz | Narrows Focus on Profitability
01:24:59 – Bill Papariella Bond | Bombardier Commitment to $5B
——–
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Business
iPhone Duo Review + Pre-Order Problems with Andru Edwards
Apple’s first foldable iPhone is finally here, but is it worth more than $2,000? In this episode of Power On, Bloomberg’s Mark Gurman is joined by Gear Live’s Andru Edwards, who has spent the past week testing the iPhone Duo. They break down its design, software, cameras, battery life and biggest shortcomings, while revealing new details about what Apple is planning for future models. They also debate Apple’s troubled pre-order rollout, which has left many customers waiting months for their devices.
Have a question for Mark? Email us at poweron@bloomberg.net or join the Power On Discord
Subscribe to the Power On Newsletter at https://www.bloomberg.com/poweron
Chapters:
00:00:00 – Mark Welcomes Andru to the Show
00:01:29 – Listener Q & A: Macbook’s Future and Missing the Mini
00:06:30 – Andru’s Duo Review
00:09:14 – Are Apps Optimized for the Rightside Nav?
00:11:42 – TouchID Frustration
00:21:45 – Camera Impressions
00:25:45 – Battery Performance
00:31:47 – Apple’s Pre-Order Blunder
00:39:50 – Mark & Andru’s Duo Orders
00:40:43 – Apple Trivia!
——–
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Business
AI Trade Jitters Return, Oil Gains After Deadly Saudi Attacks
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Berlin, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, global stocks fell after a mixed start to US tech earnings failed to calm nerves around the AI trade. Meta doubled down on its investment plans, boosting its capital spending forecast for the year. Meanwhile Tesla is pulling back, as it pivots from EVs to artificial intelligence and robotics.
Oil advanced after deadly Houthi attacks in Saudi Arabia. Two people were killed in a drone strike on an Aramco oil field and one person died in an attack on an airport. The US has ordered non-emergency personnel and their families to leave the country.
Today’s guests: Francisco Blanch, Bank of America, Head of Global Commodities & Derivatives Research; Christian Keller, Barclays, Head of Economic Research.
Chapters:
00:00:00 – Daybreak Europe
00:00:29 – Meta Goes Big
00:03:32 – French Bond Yields Hit Highest Since 2002
00:06:43 – AI Spending in Focus Amid Mixed Megacap Earnings
00:10:23 – Cloud Growth Beats Forecast
00:13:49 – Oil Rises as Deadly Saudi Attacks Fan Middle East Supply Fears
00:17:52 – Francisco Blanch, Bank of America, Head of Global Commodities & Derivatives Research
00:23:02 – Italy Approves Aid for Cheeses-Off Truckers
00:28:08 – Christian Keller, Barclays, Head of Economic Research
00:35:14 – Putin Signals New Ukraine Peace Talks
00:38:54 – UK Banks Gird for Pushing Taxes as Profit Set to Push Higher
00:41:39 – Huang on AI Adoption in Europe
——–
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Business
Bloomberg Surveillance 9/14/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than “Bloomberg Surveillance.”
Chapters:
00:00 AI Slowdown, Oil Shock and Fed Rate Hike
03:44 AI Froth Adds to Earnings Risks — Lori Calvasina, RBC
18:38 Iran Is Exploiting the Houthi ‘Wildcard’ — Col. Wayne Sanders (Ret.)
32:09 US Lead Over China Is Too Small to Slow AI — Greg Allen, Decision Tree Research
43:42 AI CapEx Slowdown Could Push US Into Recession — Jonathan Pingle, UBS Investment Bank
53:12 It’s Time to Tread Water in Stocks — Chris Harvey, CIBC
1:04:56 AI Companies Can Slow Down Without Washington — Jennifer Huddleston, Cato Institute
1:19:50 Lower-Income Wage Growth Is Outpacing the Wealthy — David Tinsley, Bank of America Institute
1:28:19 Bonds Are Making It Clear the Fed Needs to Hike — Matt Hornbach, Morgan Stanley
1:40:44 AI Is an Economic Story, Not an Investment Story — Richard Bernstein, Janus Henderson
1:50:17 Hormuz Oil Flows Will Rise Regardless of Iran — Chris Wright, US Energy Secretary
2:08:38 Cheap Chinese AI Threatens the Growth Story — Sarah Kunst, Cleo Capital
2:19:22 5.5% Treasury Yields Could Challenge the Bull Market — David Stubbs, AlphaCore Wealth Advisory
——–
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Business
Mark Zuckerberg Plots Deal to Pay Wealth Tax, Keep Meta Control
Mark Zuckerberg had a dinner-table ultimatum with his board, which came after months of wrangling over the company’s financing needs and a proposed California wealth tax. Meta will offer a new class of non-voting shares to existing investors, and Zuckerberg will have a special agreement that will give him the ability to sell some of that stock without diluting his majority voting power. Ed Ludlow, Bloomberg Tech Host has the details. Plus, Jackie Reses, co-founder and CEO of Lead on becoming one of a handful of billionaires to buy a bank – and one that’s growing exponentially. Max Levchin, CEO of Affirm on Affirm break down the latest news on his company’s exclusive Buy Now, Pay Later partnership with Sam’s Club. And Nancy Tengler, CEO & CIO, Laffer Tengler Investments reacts to Meta and Tesla earnings.
Chapters:
00:00:00 Bloomberg Businessweek Daily
00:01:51 Markets: Chips Plunge & Bond Yields Fall
00:05:10 Meta, Zuckerberg & the AI Spending Boom
00:09:24 Meta’s New Stock Structure & Zuckerberg’s Control
00:15:48 Founder Wealth, Taxes & Voting Power
00:21:15 Lead Bank & the Future of Fintech
00:24:20 How Banking Is Becoming Embedded Everywhere
00:26:10 AI Agents & the Future of Banking
00:30:00 Fintech, Banks & the AI Opportunity
00:34:25 Affirm & Sam’s Club Team Up
00:35:54 Buy Now, Pay Later & Consumer Spending
00:39:05 Affirm vs. Credit Cards
00:43:10 Markets: Tech Stocks & Moderna Slide
00:45:04 Stock Movers: Tesla, Meta & Airlines
——–
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Business
Wall Street Week | China’s Trade Reckoning, Syracuse’s Second Chance, Humanoids in Healthcare
This week, Council on Foreign Relations President Michael Froman breaks down China’s export machine, why twenty years of US pressure hasn’t worked, and what happens next. And, can a $100 billion Micron factory transform Syracuse from a Rust Belt cautionary tale into a potential model for American reindustrialization? Plus, a bridge named for a hockey legend was meant to strengthen the supply chain between the US and Canada, but the neighbors can’t agree on their trade relationship. Later, with 760,000 care aide openings expected every year in the US and a $400 billion long-term care bill, humanoid robots are an early bet on technology filling the care gap.
Chapters:
00:00:00 – China’s Trade Reckoning
00:10:39 – Syracuse’s Second Chance
00:23:44 – North American Fracture
00:35:20 – Humanoids in Healthcare
——–
More on Bloomberg Television and Markets
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