Trump Calls Iran Talks Offer a 'Last Chance' | The Pulse 8/4/2026

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. Iran denied it was negotiating with the US, but said talks with Oman to get more ships moving through the Strait of Hormuz are making progress. HSBC announced a fresh stock buyback and raised its cost-cutting target as it reported second-quarter earnings that beat estimates despite China’s crackdown on cross-border wealth flows. SpaceX is set to report its first-ever quarterly results today following the company’s blockbuster initial public offering this summer that raised roughly $86 billion. Today's guests: Wei Li, BlackRock Global Chief Investment Strategist; Greg Sharenow, PIMCO Commodities Portfolio Manager -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:28 - HSBC announces $1 billion buyback after profit beats 00:01:17 - HSBC raised cost-cutting target 00:02:36 - Wei Li, BlackRock Global Chief Investment Strategist 00:16:28 - Bessent's Yen rescue to boost US pressure on Japan trade, rates 00:19:56 - Spain says "vast majority" of Ceuta migrants have returned 00:21:41 - Rhine falls to lowest to lowest since 1880 00:23:37 - Tuesday headlines 00:24:01 - HSBC announces $1 billion buyback after profit beats 00:28:41 - Greg Sharenow, PIMCO Commodities Portfolio Manager 00:36:30 - BP profit surges as oil trading, refining boom amid Iran war 00:40:01 - Aramco profit jumps as Iran war boosts prices 00:40:42 - Trump slams Exxon, Chevron for profit amid war 00:41:57 - Amazon Web Services CEO: Broad ecosystem important to innovation 00:45:07 - Tech earnings in focus -------- 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