EconomyTrump rules out Iran attack before midterms as OpenAI eyes $70 billion in revenue

Name: Trump rules out Iran attack before midterms as OpenAI eyes $70 billion in revenue
Uploaded: 2026-10-09T10:12:55.000Z
Description: OpenAI expects annualized revenue to reach or exceed $70 billion by year-end, with enterprise growth providing much of the boost, Bloomberg has learned. The S&P 500 is poised to rebound after two days of losses as oil prices fell and concerns about the staying power of the AI investment boom eased. Trump said on social media that the US would not attack Iran before November’s midterm elections.

OpenAI expects annualized revenue to reach or exceed $70 billion by year-end, with enterprise growth providing much of the boost, Bloomberg has learned. The S&P 500 is poised to rebound after two days of losses as oil prices fell and concerns about the staying power of the AI investment boom eased. Trump said on social media that the US would not attack Iran before November’s midterm elections.

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Bloomberg Television 2026-10-09 10:12