Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump said he’s not interested in extending the expiring agreement with Iran. The price of Brent crude climbed above $90 a barrel as fresh concerns about an escalation of the war jolted global energy markets. Tensions in the Middle East were already on the rise over the weekend, with Israel’s military saying it killed senior Hezbollah commander Abu Hassan Alaa in southern Lebanon.

On this episode, Carol Massar and Tim Stenovec speak with:

• Jordan Fabian, Bloomberg News White House and Politics Team Leader
• Nick Wadhams, Bloomberg News National Security Reporter AND Mark Cancian, CSIS Senior Adviser, Defense and Security Department on US-Iran latest from a military/stockpile/weapons standpoint, Iran's side of negotiations
• Sri Natarajan, Bloomberg News Chief Wall Street Correspondent on ‘I Hate Losing’: Walter Rushes Makeover as DOJ Probes His Empire
• Peter Harrell, Visiting Scholar at the Georgetown Institute of International Economic Law AND Former Biden White House Senior Dir. for International Economics

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Hollywood has once again cheated death. The first seven-plus months of 2026 have revived the industry’s faith — not just in movies but in the act of going to the theater. Global ticket sales have increased 15% from a year earlier and are on pace for their best annual total since 2019. Five movies have eclipsed $1 billion, with Spider-Man: Brand New Day almost clearing that on opening weekend. With new installments of Dune and Avengers coming, that group could swell to seven — the second-most on record. Bloomberg News Media & Entertainment Managing Editor Lucas Shaw brings us the latest from Hollywood.

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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."

Hosted by Carol Massar and Tim Stenovec
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The people, companies and trends shaping the global economy. 

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF 

OpenAI is on track to generate annualized revenue of more than $40 billion based on its current performance, according to people familiar with the matter, roughly doubling its run rate from the end of 2025 and bolstering the company’s plans for a Wall Street debut. The ChatGPT maker’s revenue has accelerated in recent months, driven in part by the growth of its AI coding software, said the people, who spoke on condition of anonymity as the information is not public. The gains also reflect momentum from subscription sales and its nascent advertising business. Its core consumer business continues to grow, too.  OpenAI declined to comment.  

On today’s episode: 

• Rachel Metz, Bloomberg News AI Reporter 
• Chris Kennedy, Economic Statecraft Lead for Bloomberg Economics
• Clara Gillispie, Senior Fellow for Climate and Energy at the Council on Foreign Relations 
• Jason Leopold, Bloomberg News Senior Investigative Reporter & Author of ‘FOIA Files’

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Liberal democracy has failed its supporters on several key promises: when it stopped delivering shared prosperity; elevated a new college-educated elite; and drifted away from free expression and democratic self-government. In his new book, Nobel Laureate in Economics Daron Acemoglu argues that repairing liberal democracy is not the answer and offers a new framework: Working-Class Liberalism.

For more, Carol Massar and Tim Stenovec spoke with Daron Acemoglu, Nobel Laureate & MIT Institute Professor

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

“SaaSpocalypse” was the buzzword in markets in the early months of the year, as new AI tools emerged to threaten the business models of software-as-a-service providers. A massive software selloff ensued in public markets and quickly spread to the world of private capital, where firms had spent billions upon billions of dollars stacking their portfolios with SaaS companies when interest rates were low.Suddenly those investments — built on the assumption that subscription revenue from software companies was ever-steady — looked like castles built on sand.  fears that rapidly developing AI tools could replace existing tech products still have investors worried that a swathe of SaaS wagers could go sideways all at once. That could bring some nasty consequences for private equity firms, private credit lenders and also retail investors who have built exposure to software loans.

On today's episode:

• Paula Seligson, Bloomberg News Senior Reporter
• Lipi Sternheim, CEO of REalloys
• Rudina Seseri, Founder and Managing Partner of Glasswing Ventures
• Woo Jin Ho, Bloomberg Intelligence Senior Networking and Hardware Analyst

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The market and tech sector are looking more signs of monetization in the AI Revolution to drive tech stocks further. There will be a waiting period until Nvidia earnings at end of month, but chip activity out of Asia has accelerated over the last month. Overall, it’s crystal clear AI models and data infrastructure heading into next phase of the buildout which is very important for tech sector. And software companies now should start to better participate.

For more, Carol Massar and Tim Stenovec speak with Dan Ives, Partner & Senior Managing Director at Yorkville Ives

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

In-line July CPI readings gave US equities and Treasuries room to rise as markets relaxed after the data, even as Middle East uncertainty keeps energy shock tail risks alive. Core CPI rose 0.2% on the month, moving the annual rate to 2.5%, matching the slowest annual pace since March 2021. Combined with last week’s weak jobs report that pushed September hike odds to about 40% from roughly 50% before Wednesday’s release.
On today's episode:

• Michael Ball, Bloomberg News Macro Strategist
• Bob Diamond, CEO of Atlas Merchant Capita & Elliott Lorenz, Co-Founder & CEO of Edge Focus
• Constance Hunter, Chief Economist at Economist Enterprise
• Randall Williams, Co-Host of ‘Business of Sports’ Podcast

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

On this special edition of the show, hosts Tim Stenovec and Kristine Aquino are joined by Bloomberg News Senior Economic Statecraft Reporter Joe Deaux for a deep dive into the critical minerals industry. Together, they explore its pivotal role in global markets, the heightening geopolitical competition in the mining sector, and the governmental forces reshaping it.

Tim, Kristine and Joe speak with:

- Polly Mosendz, Bloomberg News Investigative Reporter 

- Gracelin Baskaran, Director of the Critical Minerals Security Program at CSIS 

- Tripp Hornick, Principal of Quince Street Strategy

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. “Things are shaping up in favor of peace,” Khawaja Asif told reporters in Islamabad on Tuesday, without giving details of any breakthrough. Pakistan’s Interior Minister Mohsin Naqvi will shortly arrive in Tehran to hold talks with his Iranian counterpart, the Islamic Republic’s semi-official Fars agency reported.

On today's episode, Tim Stenovec and Kristine Aquino speak with:

• Noam Rayden, William Sudhaus Senior Fellow at The Washington Institute
• Aaron Mulvihill, Global Alternatives Strategist at J.P. Morgan Asset Management
• Yoni Assia, CEO of eToro
• Denitsa Tsekova, Bloomberg News Cross-Asset Reporter

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