Trump's Hormuz Update, OpenAI & Anthropic AI Alarms | The Pulse 8/5/2026

The US and Iran are closing in on an interim agreement to reopen the Strait of Hormuz. President Trump says talks are going well and the waterway will open "very soon". SpaceX fell in premarket trading after it disclosed higher-than-expected spending on its artificial intelligence business, overshadowing an inaugural quarterly report that broadly surpassed Wall Street forecasts. AI models developed by OpenAI and Anthropic carried out “unsanctioned” actions — including hacking a website and attempting to inject harmful code into software during safety testing. The report is reinforcing fears that neither the creators nor seasoned researchers of these systems can predict their actions. Today's guests: Beata Manthey, Citi Head of EMEA Equity Strategy; Mike Doustdar, Novo Nordisk CEO -- "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 00:00:34 - SpaceX's AI splurge puts a damper on debut earnings 00:01:20 - Market roundtable: Bloomberg's Neil Campling & Citi's Beata Manthey 00:06:58 - Trump: Strait will be open very soon 00:10:37 - Beata Manthey, Citi Head of EMEA Equity Strategy 00:19:17 - Novo Wegovy sales fail to beat analyst expectations 00:19:28 - Mike Doustdar, Novo Nordisk CEO 00:28:05 - Record-low Rhine river threatens key trade artery 00:36:55 - Chanel sales said to jump 16%, outpacing LVMH 00:41:45 - Infineon revenue forecast beats on AI demand 00:44:26 - Anthropic, OpenAI models 'potentitally harmful' -------- 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