Bloomberg This Weekend | White House: Iran deal to be announced, Texas-sized primaries

Watch on YouTube ↗  |  May 24, 2026 at 19:08  |  2:25:21  |  Bloomberg Markets
Speakers
Larry Tabb — Head of Market Structure Research, Bloomberg Intelligence
Jodi Lurie — Senior Credit Analyst, Bloomberg Intelligence

Summary

The weekend edition of Bloomberg This Weekend covers breaking news of a potential Iran deal to reopen the Strait of Hormuz, a shooting near the White House, a pause in $14 billion Taiwan arms sales, the Ebola outbreak in DRC, the Pope's first encyclical on AI, mega-IPOs from SpaceX and OpenAI, the Texas Senate primary runoff, and anti-AI protests on college campuses. No explicit investment recommendations are made, but the Iran deal and travel trends are discussed for their economic implications.

  • White House says a deal with Iran to reopen the Strait of Hormuz will be announced shortly; details remain scarce.
  • A 21-year-old man opened fire near the White House and was killed by Secret Service; President Trump was safe.
  • The U.S. paused a $14 billion arms sale to Taiwan, sparking concern from Taipei's representative.
  • Ebola outbreak in DRC is the second largest on record; funding and surveillance gaps hinder response.
  • Pope Leo XIV releases his first encyclical on AI, focusing on moral and social impacts.
  • SpaceX plans a $2 trillion IPO; OpenAI and Anthropic also aim for public listings this summer.
  • Texas Senate runoff between Ken Paxton and John Cornyn tests President Trump's endorsement power.
  • Gen Z sentiment toward AI is deteriorating, with protests at universities over job displacement and ethics.
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