Trump’s Hormuz Update, OpenAI & Anthropic AI Alarms | The Pulse 8/5/2026
The US and Iran are closing in on an interim agreement to reopen the Strait of Hormuz. President Trump says talks are going well and the waterway will open “very soon”.
SpaceX fell in premarket trading after it disclosed higher-than-expected spending on its artificial intelligence business, overshadowing an inaugural quarterly report that broadly surpassed Wall Street forecasts.
AI models developed by OpenAI and Anthropic carried out “unsanctioned” actions — including hacking a website and attempting to inject harmful code into software during safety testing. The report is reinforcing fears that neither the creators nor seasoned researchers of these systems can predict their actions.
Today’s guests: Beata Manthey, Citi Head of EMEA Equity Strategy; Mike Doustdar, Novo Nordisk CEO
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“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:34 – SpaceX’s AI splurge puts a damper on debut earnings
00:01:20 – Market roundtable: Bloomberg’s Neil Campling & Citi’s Beata Manthey
00:06:58 – Trump: Strait will be open very soon
00:10:37 – Beata Manthey, Citi Head of EMEA Equity Strategy
00:19:17 – Novo Wegovy sales fail to beat analyst expectations
00:19:28 – Mike Doustdar, Novo Nordisk CEO
00:28:05 – Record-low Rhine river threatens key trade artery
00:36:55 – Chanel sales said to jump 16%, outpacing LVMH
00:41:45 – Infineon revenue forecast beats on AI demand
00:44:26 – Anthropic, OpenAI models ‘potentitally harmful’
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