Bloomberg This Weekend | Two American Troops Killed, Upcoming Big Tech Earnings, World Cup Final

Summary

A weekend news show covering U.S. retaliatory strikes after American soldiers were killed in an Iranian attack, escalating Middle East tensions, upcoming Big Tech earnings, the UK political transition, and the World Cup final. Market segments featured a preview of the Farnborough Airshow and a discussion on AI spending and chip stocks.

• Two U.S. service members killed in an Iranian missile strike on a base in Jordan, prompting U.S. counterattacks and a collapsed ceasefire.
• President Trump says Iran cannot have a nuclear weapon; Congress and the administration face questions about strategy and the path back to negotiations.
• Russia launched its largest ballistic missile barrage on Kyiv since the war began, with casualties and ongoing protests in Ukraine.
• Big Tech earnings this week (Alphabet, IBM, Tesla) are expected to shed light on AI capex and monetization following a chip stock selloff.
• Andy Burnham becomes UK Prime Minister after Keir Starmer's resignation; policy signals include scrapping digital ID law and potential North Sea drilling.
• The Strait of Hormuz remains a flashpoint with attacks and counterattacks, while oil markets showed resilience, raising talk of 'peak Hormuz'.
• Benedikt Kammel previewed the Farnborough Airshow, noting strong premium travel demand and potential for airline ticket price increases.
• The World Cup final between Argentina and Spain takes place in New Jersey, attended by President Trump.