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An Effective Mediator Is Needed to End Iran War, Mahbubani Says

Kishore Mahbubani says that the Iran war will have negative effects on the US midterms, and he says an "effective mediator" is needed to step up and end the conflict. He speaks with Mishal Husain and George Yeo on September 9 in Singapore at a Bloomberg subscribers-only event.

Read more: An Effective Mediator Is Needed to End Iran War, Mahbubani Says
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Financial

Apple's Rally Pressures New CEO to Deliver on Foldable iPhone

Apple Inc.'s $570 billion summer surge is saddling new Chief Executive Officer John Ternus with high expectations heading into the company's most anticipated event in years: the unveiling of the foldable iPhone on Wednesday. The stock has rallied 15% since June 25, when the company announced it was raising prices on many of its products, sending the shares to their worst day in more than a year. Since then, a significant chunk of the gains have been driven by excitement about the new lineup of devices, particularly the foldable phone. For more, we speak with Bloomberg Tech host Ed Ludlow in Cupertino.

Read more: Apple's Rally Pressures New CEO to Deliver on Foldable iPhone
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Financial

Meta & Lyft Move Higher, Apple's Foldable iPhone | Stock Movers

On this episode of Stock Movers: - Meta (META) shares are gaining with analysts positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product. - Lyft (LYFT) shares are higher as the ride-hailing company is starting to offer Waymo robotaxi rides in Nashville, marking the second US city where it's providing driverless trips. - Apple (AAPL) shares are on the move ahead of today's product unveil. Apple's stock has rallied 15% since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone.

Read more: Meta & Lyft Move Higher, Apple's Foldable iPhone | Stock Movers
Bloomberg
Financial

Mike Wilson Says Oil Risk to Equities Not Insurmountable

Mike Wilson, chief investment officer and chief US equity strategist at Morgan Stanley, discusses how markets have "digested" multiple risks through the year and says the firm is rotating instead of reducing their overall exposure to equities. Wilson also warns about concerns in the short term for stocks related to crude product prices.

Read more: Mike Wilson Says Oil Risk to Equities Not Insurmountable