Egypt Backs Saudi Defense as Regional Powers Push Iran Talks

Anthropic’s IPO filing helps revive the AI trade, with the company reporting strong first-half revenue while flagging major financial, infrastructure and AI-related risks. Meta seeks up to $95 billion to fund AI investment, while Microsoft offers buyouts to around 60,000 employees. Markets focus on technology earnings and central banks. Korean memory stocks and the Nikkei gain, while the yen weakens ahead of the Bank of Japan. Emirates NBD Chief Economist Nick Stadtmiller tells Horizons he expects the Fed to hold rates in October and sees slower US growth in 2027. In the Middle East, Saudi, Turkish and Pakistani officials hold talks in Tehran as regional powers push to revive US-Iran diplomacy. Iran signals flexibility over Hormuz, while Egypt backs the defense of Saudi Arabia and the Saudi-led coalition reports intercepting Houthi missiles and drones. Oil prices ease as diplomatic efforts gather pace. Israelis head to the polls with Iran a key dividing issue between Benjamin Netanyahu and Gadi Eisenkot. ADNOC Drilling CFO Youssef Salem discusses the impact of the regional conflict, third-quarter earnings and the company’s expansion across the Gulf and Egypt. Elsewhere, HSBC reports third-quarter earnings, Saudi Aramco approaches a $10 billion loan, DP World discusses a Canadian port project and Apollo explores a stake in Mubadala Capital. In Africa, Uganda’s shilling hits a record low, Nigeria outlines a new economic framework and authorities monitor 52 people in connection with Ebola. Africa Finance Corporation President and CEO Samaila Zubairu discusses growth in African production and investment. Chapters: 00:00:00 - Introduction 00:02:14 - Anthropic Files for IPO; Ticker ANT 00:10:04 - Saudi, Turkish and Pakistani Officials Hold Iran Talks 00:14:43 - Youssef Salem, ADNOC Drilling CFO 00:28:36 - Nick Stadtmiller, Emirates NBD Chief Economist 00:34:49 - Israel Voters Prepare to Go to the Polls 00:40:30 - Uganda Shilling Hits Record Low 00:50:40 - Regional Powers Push to Revive US-Iran Talks 00:54:20 - Megan Sutcliffe, Sibylline Principal Analyst, Middle East & Africa 01:02:00 - Iran Divides Netanyahu and Eisenkot Before Vote 01:06:00 - Anthropic Flags Financial and Existential Risks 01:13:30 - Gareth Nicholson, FAB Asset Management CIO 01:20:05 - Samaila Zubairu, Africa Finance Corporation President & CEO 01:23:54 - Nigeria Floats Draft Economic Framework 01:28:44 - HSBC 3Q Earnings -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts