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Russia Preps Escalation, Meta Settles | Bloomberg Businessweek Daily 8/26/2026

Sources close to the Kremlin say Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end. Bloomberg Economics Chief Geoeconomics Analyst Jennie Welch breaks down the latest reporting, and news out of Iran that it agreed to a deal with Oman over the Strait of Hormuz. Then, Chief Investment Officer at Bokeh Capital Partners Kim Forrest helps preview Nvidia earnings dropping after the closing bell. Plus, Bloomberg News Tech Reporter Alexandra Levine and Professor at the University of Florida College of Law Stacey Steinberg explain what comes next after Meta agreed to pay up to $18 billion to settle a lawsuit over teen social media access and exposure. Finally, Lam Research CEO Tim Archer discusses his company's investment for chip research and development expansion. (Source: Bloomberg)