Episode summary
US Strikes Targets in Iran; Russia Tells US to Evacuate Kyiv | Bloomberg Daybreak: US Edition
Bloomberg Daybreak: US Edition
· · 17 min
Summary
The episode centers on the fragile US-Iran ceasefire, with the US striking Iranian vessels in the Strait of Hormuz and other targets overnight even as President Donald Trump said talks to extend the truce and reopen the strait were progressing. The host and guests said the situation looked like a skirmish rather than an outright escalation, but they also emphasized that both sides were still trading threats while negotiations continued in Doha. Marco Rubio said the president would not make a bad deal, while another guest said the two sides still had several sticking points to work through.
The show also covered Russia’s warning that US citizens and diplomats should evacuate Kyiv, framing it as a sign Moscow may intensify strikes as the war drags on. On domestic politics, Republicans in Texas were voting in a runoff between John Cornyn and Ken Paxton, with control of a Senate seat at stake in November.
Markets were discussed through the lens of the new Fed chair, with traders increasingly expecting the central bank to stay focused on inflation and possibly raise rates by December. The program also noted Ferrari’s sharp stock drop after unveiling its first fully electric car, alongside broader debates over AI regulation and public-order concerns in New Jersey and abroad.
Key takeaways
- The host said the US-Iran ceasefire looked fragile after US strikes on Iranian vessels and other targets in the Strait of Hormuz.
- A guest said the US and Iran were still inching toward a deal, but there was no guarantee they could close it in the next few days.
- The host said Russia’s warning to evacuate Kyiv reflected a campaign of heavier strikes as the war in Ukraine drags on.
- The host noted traders are pricing in the Fed as “virtually certain” to start raising rates by December amid inflation worries.
- Ferrari shares fell more than 6% after the company unveiled its first fully electric car, a sign investors may have disliked the design.
Notable quotes
“the ceasefire between the US and Iran once again looks fragile this morning”
“The president's not going to make a bad deal. He's just not. this this issue”
“we know that the Iranian speaker of the house, Muhammad Galibaf alongside the Iranian foreign minister Abbas are actually are actually in Doha in Qatar today to continue with those diplomatic discussions”
“The market's expecting a hike. Um I think you know some of the tailwinds in the US economy certainly suggest a strong economy”
“Artificial intelligence needs to be disarmed. The word is strong, I know, but deliberately chosen because this moment needs words capable of attracting attention, awakening consciences, and indicating paths forward”
How the episode opens
Bloomberg Audio Studios, podcasts, radio, news. — Good morning. I'm Nathan Hager — And I'm Karen Moscow. Here are the stories we're following today.
Karen, the ceasefire between the US and Iran once again looks fragile this morning. Overnight, the US struck Iranian vessels in the Strait of Hormuz and other targets. And Iran's semiofficial Tausnd news agency says the Islamic Revolutionary Guard Corps shot down a US drone and fired at an American fighter jet in Iranian airspace.
All this hours after President Trump suggested on social media that talks to extend the truce and reopen the straight were, in his words, proceeding nicely. Secretary of State Marco Rubio addressed the situation during his trip to India.
The president's not going to make a bad deal. He's just not. this this issue. No one has done more and no one has been more serious about the threat of a nuclear Iran than President Trump has been. — Secretary of State Marco Rubio speaking to reporters in New Delhi. We get more from Bloomberg's Paul Wallace in Dubai.
We've had Marco Rubio this morning since those strikes again talking of progress. He's saying that the US and Iran are still inching towards a deal. He says it's going to take a few more days in all likelihood. There's no guarantee they can get over the line. There's still a lot of details they have to work out.
And Bloomberg's Paul Wallace reports Iran's supreme leaders raising the pressure as well. In a written statement, Moto Bahamei warns that the Middle East will no longer be a shield for American bases. — Well, Nathan, Israel is carrying out new attacks as well. Lebanon staterun news agency reports an Israeli air strike killed 12 people in a village in the Becca Valley of eastern Lebanon.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- iran strikes
- ukraine kyiv evacuation
- russia us tensions
- electric vehicle market
- ferrari ev launch
Companies and tickers mentioned
- RACE
- TSLA
- Ferrari N.V.
- Tesla, Inc.
Watch the episode
Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
More from Bloomberg Daybreak: US Edition
-
Nvidia Faces Post-Huang Reckoning, Microsoft Races to Fix Outage | Bloomberg Daybreak: US Edition -
Daybreak Weekend: Nvidia Earnings, UK Labour Market, APEC Summit | Bloomberg Daybreak: US Edition -
Nvidia Weighs Succession Plans; Congress Preparing to Subpoena Jensen Huang | Bloomberg... -
GOP Thwarts Hegseth Impeachment; CoreWeave Quiets Doubts | Bloomberg Daybreak: US Edition -
FBI Investigates Nvidia CEO, Anthropic IPO Snafu | Bloomberg Daybreak: US Edition -
Nvidia CEO Affair Sparks Probe, Trump Admits Policy Mistake | Bloomberg Daybreak: US Edition
Bloomberg Daybreak: US Edition, this episode and its artwork belong to Bloomberg. Octagon is not affiliated with the show; this page is an independent summary.
