Trump Rules Out Iran Attack Before Midterms, OpenAI Eyes $70B Revenue

0 October 9, 2026 07:12

Bloomberg has learned OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, driven largely by growth in its enterprise business.

The S&P 500 is set to bounce back from two days of losses as oil prices fell and worries over the sustainability of the artificial-intelligence investment boom receded.

President Donald Trump said in a social media post that the US would “not be attacking Iran” before November’s midterm elections, citing what he said were “productive discussions” with the Islamic Republic.

Today’s guests: Michael Miebach, Mastercard CEO; Andrew Sheets, Morgan Stanley Global Head of Fixed Income Research; Morris Reid, Actum Partner; Melinda French Gates, Pivotal Founder

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:25 – OpenAI report soothes market concerns
00:01:44 – Nvidia-backed Firmus IPO collapses
00:02:57 – Softbank seeks to raise up to $100B from Gulf investors: FT
00:03:58 – Michael Miebach, Mastercard CEO
00:16:44 – Andrew Sheets, Morgan Stanley Global Head of Fixed Income Research
00:24:36 – Morris Reid, Actum Partner
00:33:05 – Revolut CEO: Targeting US primary listing
00:36:55 – Melinda French Gates, Pivotal Founder
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