Iran Security Shake-up; China Attempts to Close AI Gap with US | The Pulse 8/10/2026
Community Score: 50% | 4.0K views | 1w
0 community ratings: null thumbs up, null thumbs down
Iran promoted a hard-line ex-commander as its top security official, shaking up its highest decision-making body on national defense after saying it was “very close” to a deal with Oman over shipping through the Strait of Hormuz. While Tehran ruled out direct talks with the US, President Trump says Washington is "semi-negotiating" and can wait for Iran's economic suffering to soften its stance. Stocks traded near record highs after weak US jobs data curbed bets on Federal Reserve interest-rate hikes. Stocks and bonds got a boost as Friday’s soft US jobs print eased concerns about an imminent rate increase from the Fed. China is attempting to close the gap in the AI race with the US by tapping its $28-trillion capital markets. In recent months regulators have fast-tracked IPOs for strategic companies and opened more avenues to raise money through bond sales. According to data compiled by Bloomberg, Chinese tech firms raised about $217 billion through initial public offerings and bon
Tags: Abbas Araghchi, Abeer Abu Omar, Berkshire Hathaway, Chloe Meley, Francesca Ghiretti, Francine Lacqua, Hyperscalers, Iran, Iran war, Iron Ore, Jennifer McKeown, Jordan Robertson, Justina Lee, Metals, NYSE, Oil, OpenAI, Robert Friedland, Sunrise Energy Metals, Tehran
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%