Stocks Hold at Record Highs on US-Iran Deal Optimism | Bloomberg Brief 5/29/2026

0 May 29, 2026 08:18

Stocks hold steady at all-time highs as traders wait to see whether the US and Iran can finalize a peace deal. SpaceX is said to cut its IPO valuation to at least $1.8 trillion while Anthropic’s newest funding round puts its valuation at $965 billion eclipsing rival OpenAI. Cole Smead of Smead Capital Management discusses the ‘mania’ in tech stocks.

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00:04:54 – First Look Movers
00:13:51 – Trending on the Terminal
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00:16:52 – Wall Street Week: How Poland Became Europe’s Growth Standout
00:22:52 – First Look Movers
00:24:36 – Cole Smead, Smead Capital Management CEO and Portfolio Manager
00:31:15 – Trending on the Terminal
00:42:29 – What to Watch
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