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Former US Ambassador to Israel Tom Nides says there is no lasting military solution to the conflict with Iran, arguing that renewed negotiations involving regional allies offer the only realistic path to reopening the Strait of Hormuz and addressing Tehran's nuclear program. He also says regime change in Iran is not a practical near-term objective and that Israeli Prime Minister Benjamin Netanyahu faces growing domestic political pressure as the conflict continues without a clear resolution.

Younger Chinese professionals moving away from the traditional baijiu drinking culture, premium bottled water gaining traction with wellness-focused consumers, and historic government buildings across Europe being converted into luxury hotels. Bloomberg News' Nathan Hager joins David Gura and Christina Ruffini on Bloomberg This Weekend to share headlines you may have missed.

Bloomberg Space Reporter Loren Grush says investors will use SpaceX's first public earnings report to gauge progress on Starship, Starlink, AI infrastructure and the company's long-term growth strategy following its blockbuster IPO. She says Starship's latest test marks meaningful progress, but major technical hurdles remain before the rocket can support rapid reuse and ambitious missions to the Moon and Mars.

Bloomberg's Jeff Mason and Dan Williams say President Donald Trump is pausing planned military action against Iran to allow negotiations over the Strait of Hormuz and Iran's nuclear program to continue, while warning the pause depends on reaching a deal quickly. They say Israel remains cautious, Gulf states are increasingly pursuing their own security strategies, and any agreement on shipping through Hormuz could reshape the regional balance of power even as broader conflicts in Gaza and Lebanon continue.

After spending years and hundreds of millions of dollars, Johnson and Johnson has won FDA approval for its new surgical robot Ottava. Can it challenge the dominance of competitors who entered the race years earlier, or is the market already spoken for?

• Microsoft (NASDAQ:MSFT) reported fiscal Q4 2026 revenue of $90 billion, up 18% year over year, with cloud growth supporting overall performance.
• The company’s Intelligent Cloud segment generated $39.3 billion in revenue, while Azure and other cloud services revenue increased 43% and surpassed $100 billion in annual revenue.
• Technology companies are increasing cloud and AI investments while managing infrastructure costs, enterprise demand, and competition across digital services.

• Boeing (NYSE:BA) reported Q2 2026 revenue of $24.6 billion, up 8% year over year, supported by 171 commercial airplane deliveries.
• The company reported a GAAP loss per share of $0.67 and a core loss per share of $0.76, while total backlog reached a record $715 billion.
• The aerospace sector continues balancing aircraft demand, production execution, supply chain constraints, and profitability across commercial and defense operations.

Known as the "Father of 401(k)" Ted Benna has co-created Radish: a new employer-funded retirement plan that allows employees to access funds for immediate financial needs such as car repairs or medical expenses without relying on paycheck deductions. Joining David Gura and Christina Ruffini on Bloomberg This Weekend, Benna explains that while the original 401(k) succeeded in transforming workers into savers, many people now lack the financial ability to contribute.

Former US Ambassador Bill Taylor joins Bloomberg This Weekend and says Ukraine maintains momentum on the battlefield despite intensified Russian missile attacks, while urging the US and its allies to accelerate deliveries of Patriot interceptors. Taylor explains to hosts David Gura and Christina Ruffini that mounting military losses and economic strain increase pressure on Russian President Vladimir Putin, even as Ukraine continues to press for more Western support.

The European Union is rewriting its merger rules for the first time in two decades, hoping to create business "champions" capable of competing with the US. Ingrid Vandenborre of Skadden and Yale's Fiona Scott Morton break down what's changing, why it matters for investors, and whether competition policy can really solve Europe's innovation problem.

Bloomberg Athens Deputy Bureau Chief Paul Tugwell says Greece's wildfire response is under severe strain as gale-force winds, dry conditions and difficult terrain hamper firefighting efforts, with major blazes continuing to spread in central and southern parts of the country. He says European Union countries are coordinating firefighting resources across borders as climate change extends the wildfire season and raises concerns about the long-term economic and insurance costs of increasingly destructive fires.

Bloomberg Senior Sports Reporter Randall Williams says FIFA President Gianni Infantino is under mounting pressure after withdrawing plans to sell a stake in the World Cup following opposition from UEFA and other soccer leaders. He says critics argue FIFA's record revenues and multibillion-dollar reserves undermine the case for outside investment, raising new questions about Infantino's leadership ahead of his reelection bid.