Trump Vows to Decimate Iran If It Carries Out Assassination Plot | Bloomberg This Weekend: July 11

Summary

Geopolitical tensions dominate as the US pushes Iran to reopen the Strait of Hormuz while threatening massive retaliation over assassination plots. The show also covers SK Hynix's record US ADR debut fueled by AI-driven memory demand, Navy readiness and defense production challenges, Apple's lawsuit against OpenAI for trade secrets, and updates on Ukraine's war effort including Patriot missile negotiations.

• President Trump says Iran ceasefire is over but technical talks resume in Oman, while demanding public guarantee Hormuz is open.
• Oil flows remain below pre-war levels; analysts warn the fragile situation could keep energy markets on edge.
• SK Hynix lists ADR in largest foreign company US share sale, surging on AI-fueled high-bandwidth memory demand that the chairman says may never be fully met.
• Navy Chief of Naval Operations says record retention despite extended deployments, and highlights RTX production ramp to replenish munitions used in Middle East conflict.
• Apple sues OpenAI alleging poaching of employees and theft of hardware trade secrets, signaling heightened Silicon Valley talent wars.
• President Trump signals willingness to let Ukraine produce Patriot interceptors; lawmakers see it as a major morale and strategic boost.
• Wayfair opens physical megastores to capture new customers in the $500 billion home goods market.