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On this episode of Stock Movers: - Super Micro Computer (SMCI) shares jumped after the company issued a business update that included raising its fourth-quarter gross margins outlook and saying the backlog was at a record. - AT&T (T) is gaining after the telecom company reported second-quarter results that beat expectations on key metrics, including wireless postpaid phone net adds and adjusted earnings. - Reddit (RDDT) shares are lower after the Wall Street Journal reported that the social forum company has discussed cutting off Google's access to its content for AI use.

Wells Fargo & Co. Chief Executive Officer Charlie Scharf says he's "big time bullish on the US." He talks about the state of the US consumer, the economy, earnings and where his employees want to live and work. He speaks exclusively to Romaine Bostick on "Bloomberg Open Interest."

Wells Fargo & Co. Chief Executive Officer Charlie Scharf says "these times are really good for banks." He also says the firm is being very disciplined about adding investment banking resources. He speaks exclusively to Romaine Bostick on "Bloomberg Open Interest."

AT&T CEO John Stankey discusses second-quarter results that added more monthly wireless phone subscribers than analysts expected. Stankey says he's "pretty confident we can keep that moving going forward" as he discusses the results, the competitive landscape in wireless and broadband technologies, and the company's use of AI.

Susan Bell, senior VP of commodity markets, oil at Rystad Energy, says stock levels of refined products are "much more critical" than oil reserves as she examines stockpiles of crude and crude products in the global market.

Canadian Foreign Minister Anita Anand says that the country's PM Mark Carney spoke to Donald Trump yesterday and they agreed to intensify talks relating to trade. In a conversation with Bloomberg's Minmin Low, Anand adds that Canada is the only G7 country that has a free trade agreement with every other G7 country.

President Donald Trump and officials in Tehran signaled a renewal of peace talks is unlikely in the near-term as the US widened the scope of its airstrikes on Iran during an eleventh straight day of attacks. Tyler Kendall reports on Bloomberg Television.

Bank of Japan officials are reportedly open to raising interest rates at a faster pace than the consensus among economists, with no pre-set course in mind, as the yen's continued weakness adds to upside inflation risks. Morwenna Coniam reports on Bloomberg Television.

Schroders Group CIO Johanna Kyrklund discusses the artificial intelligence trade and why she sees value in quality. "Why are those quality stocks cheap is in many cases they've been caught up with this AI disruption story," Kyrklund says on Bloomberg Television. "It's the other side of the AI trade."

ChatGPT-maker OpenAI said its advanced artificial intelligence models inadvertently hacked Hugging Face Inc. in an "unprecedented" incident that prompted fresh calls for curbs on the technology. Bloomberg Intelligence's Matt Bloxham has the details.

Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Generic drug manufacturers will have two years to move production to the US or face a 100% import duty from August 2028, President Donald Trump said, threatening the supply of low-cost medicines that millions of Americans rely on. Bloomberg's Deirdre Hipwell reports.