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President Donald Trump said he may lift sanctions on Turkey and consider selling F-35 fighter jets to the country. He spoke to Turkish President Recep Tayyip Erdogan before a meeting on the sidelines of the NATO summit in Ankara. Bloomberg's Annmarie Hordern is travelling with the president and has more.

Vera Therapeutics (NASDAQ:VERA) received United States FDA accelerated approval for TRUTAKNA (atacicept-vymj) to reduce proteinuria in adults with primary IgA nephropathy at risk of rapid disease progression.

A Midtown Manhattan building under construction is unstable and a collapse warning has been issued. City officials say two columns on the 21st floor buckled and bricks were reported falling to the streets below. No one has been hurt. The building is at 235 East 42nd Street. New York City Mayor Zohran Mamdani said at a news conference that other buildings and a school have been evacuated while the site is secured.

Ryan Vlastelica, Bloomberg Equities Reporter, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk about his story on how the Mag 7 seems to be loosing their grasp on the top of the market. For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. The artificial intelligence trade that made a market force out of those tech behemoths  Nvidia Corp., Alphabet Inc., Apple Inc., Microsoft Corp., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc.  is still on.

Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk the uncertain oil market during the ongoing conflict in Iran.  Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, highlighting continued risks to vessels in the critical waterway. Brent traded near $73 a barrel. A laden liquefied natural gas carrier, Al Rekayyat, was hit by a projectile near the Omani coast as it exited the waterway. Axios reported that two vessels were hit and suffered damage.  The world's biggest shipping trade group said transits through Hormuz may dip after the latest incidents, though there will still be shipowners willing to take the risk of crossing. A convoy of vessels, including oil tankers, appeared to be making its way along the Oman route on Tuesday.

For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. Ed Ludlow, BTech Anchor, addresses the top tech stories, including the Mag 7 struggling to keep a hold on the markets and Samsung's profit failing to impress.

Martha Gimbel, Executive Director at Yale Budget Lab, discusses immigration, debt, AI and the labor market.

Record M&A volumes are being driven by AI, abundant capital, and a more deal-friendly regulatory environment, but Jones Day's Robert Profusek says private equity is still on the sidelines because sellers' expectations remain too high. He also warns that AI valuations are reaching unprecedented levels, raising questions about whether today's deal boom can last.

Hedge funds posted a strong first half with Lone Pine Capital posting a 43% gain and David Tepper's Appaloosa Management returning 32%. Sridhar Natarajan has more on "Bloomberg Open Interest."

Element Solutions CEO Ben Gliklich joins Open Interest to break down why Solstice's $14.5 billion takeover offer was too compelling to pass up, explaining how the combined company could become a bigger player in semiconductor materials, AI data-center cooling and critical US  supply chains.

BlackRock Investment Institute Global Head Jean Boivin joined Open Interest to talk about how AI is fueling the biggest investment transformation in history, making private credit one of the biggest long-term beneficiaries. He explains why investors don't need to pick AI winners to profit, why balance sheet quality matters more than ever, and why comparisons to the dot-com bubble or 2008 miss what's happening today.

As SpaceX prepares to enter major indexes, wealth managers say clients are increasingly asking how to avoid owning the company because of Elon Musk's polarizing reputation.  Ellevest head of wealth management Emily Green joined Open Interest to discuss the  real cost of excluding stocks from index portfolios, why direct indexing is gaining traction, and what passive investors may not realize about changing index dynamics.