Bloomberg Surveillance US & Iran Wrangle Over Deal Terms to End War
6 snips
May 11, 2026 
Dan Ives, tech research chief at Wedbush, on Apple’s AI play and how AI earnings signal market shifts. Leslie Vinjamuri, policy leader at the Chicago Council on Global Affairs, on stalled US‑Iran talks and strategic leverage around the Strait of Hormuz. Wei Li, BlackRock’s global investment strategist, on equity resilience and where emerging markets may offer opportunities.
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Summit Aims To Preserve Near Term Stability
- Global stability incentives push US and China to manage tensions despite strategic competition in tech and trade.
- Wei Li links supply disruption in the Middle East and China's large power system to market moves and AI competition.
AI Earnings Offset Middle East Shock
- Strong earnings, especially in tech, have made valuations more attractive versus last year and offset Middle East disruptions.
- Wei Li notes tech earnings tracked three times higher than expectations this quarter, driving market concentration.
Hyperscaler Capex And Unprecedented Revenue Ramps
- Rapid capex by hyperscalers is unprecedented and raised ROI concerns that briefly rotated performance away from tech.
- Wei Li cites Anthropic's ARR ramp from $9bn to $44bn annual run-rate within months as evidence of exceptional revenue speed.
