Trump Rules Out Iran Attack Before Midterms, OpenAI Eyes $70B Revenue

Bloomberg Television3 hours ago48:38

Bloomberg has learned OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, driven largely by growth in its enterprise business. The S&P 500 is set to bounce back from two days of losses as oil prices fell and worries over the sustainability of the artificial-intelligence investment boom receded. President Donald Trump said in a social media post that the US would “not be attacking Iran” before November’s midterm elections, citing what he said were “productive discussions” with the Islamic Republic. Today's guests: Michael Miebach, Mastercard CEO; Andrew Sheets, Morgan Stanley Global Head of Fixed Income Research; Morris Reid, Actum Partner; Melinda French Gates, Pivotal Founder -- "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 00:00:25 - OpenAI report soothes market concerns 00:01:44 - Nvidia-backed Firmus IPO collapses 00:02:57 - Softbank seeks to raise up to $100B from Gulf investors: FT 00:03:58 - Michael Miebach, Mastercard CEO 00:16:44 - Andrew Sheets, Morgan Stanley Global Head of Fixed Income Research 00:24:36 - Morris Reid, Actum Partner 00:33:05 - Revolut CEO: Targeting US primary listing 00:36:55 - Melinda French Gates, Pivotal Founder -------- 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

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