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Bloomberg

Haass: Trump's Iran Goals More Optimistic Than Realistic

Council on Foreign Relations President Emeritus Richard Haass discusses Pakistan's role in brokering a deal between the United States and Iran ahead of Tuesday's deadline, the importance of reopening the Strait of Hormuz, and why there is still a lot of "space for diplomacy." He talks with Katie Greifeld and Romaine Bostick on "The Close."

Read more: Haass: Trump's Iran Goals More Optimistic Than Realistic
Bloomberg

Stocks Sink, Oil Rises as US, Iran Path Forward Remains Unclear

Stocks fell and oil rose on concern the war in the Middle East is intensifying ahead of President Donald Trump's deadline for Iran to agree to a ceasefire deal. Fears that an escalation of the conflict could heighten an energy squeeze and endanger the global economy curbed risk appetite, with the S&P 500 halting a four-day advance. Jim Caron, Morgan Stanley Investment Management Portfolio Solutions Group CIO joins to discuss what investors should do in this environment.

Read more: Stocks Sink, Oil Rises as US, Iran Path Forward Remains Unclear
Bloomberg

Coltala Co-CEO Says Texas Thrives at 'Speed of Trust'

Texas' entrepreneurial culture continues to nurture startups and corporate expansion alike, says Edward Crawford, co-founder and co-CEO of Coltala Holdings and an advisory board member for NYSE Texas. Business in the state, he says, moves at ``speed of trust,'' holding down costs because commerce is fast and fluid. He speaks with Bloomberg's Julie Fine in Dallas.

Read more: Coltala Co-CEO Says Texas Thrives at 'Speed of Trust'
Bloomberg

Intel joins Musk's Terafab in Surprise Move, Shares Jump

Intel is joining Elon Musk's Terafab project, a massive effort to develop in-house semiconductors for Tesla, SpaceX and xAI. The project aims to consolidate the entire chip-making lifecycle under one roof to power the next generation of AI and robotics. Discussing the move on "Bloomberg Tech," Gil Luria, head of tech research at D.A. Davidson, says "Intel has positioned itself to have the volumes necessary to bring the customers to the table, to have the volumes necessary to be profitable."

Read more: Intel joins Musk's Terafab in Surprise Move, Shares Jump