Stocks Near Record Highs on Iran Truce Extension | Bloomberg Businessweek Daily 4/22/2026
On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss stocks sitting near record highs as President Trump extends the Iran ceasefire. Ray Takeyh, Senior Fellow for Middle East Studies at the Council on Foreign Relations, joins to discuss the US and Iran's "new normal" amid the indefinite ceasefire. Then, Bloomberg AI Editor Seth Fiegerman joins to discuss SpaceX saying it has an agreement to acquire AI startup Cursor. Then, Infrastructure Capital Advisors CEO and CIO Jay Hatfield joins to discuss his 2026 market outlook, and why he stands behind his year-end 8,000 S&P 500 price target. Finally, Suburban Propane CEO Michael Stivala on the company's 30th year as a publicly traded company, and customer demand for domestic propane.
Chapters:
00:00:00 - Bloomberg Businessweek Daily Begins
00:05:31 - Ray Takeyh, CFR Hasib J. Sabbagh
00:14:46 - Seth Fiegerman, Bloomberg News
00:22:21 - Jay Hatfield, Infrastructure Capital Advisors
00:35:08 - Michael Stivala, Suburban Propane
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