Claudia Sahm, New Century Advisors chief economist, argues that the US Treasury's strategic debt buyback operations will only have a temporary, limited impact on markets. She speaks on "Bloomberg Open Interest."
The United States is preparing to expand its economic sanctions against Iran, with the measures expected to target Iran's revenue streams and trade networks in an effort to intensify economic pressure on Tehran, according to a report by the New York Times.
Nvidia's earnings report on Wednesday will likely serve as another reminder of the company's commanding lead. Analysts estimate that revenue nearly doubled last quarter from a year earlier to $92 billion. That's more money than any of its rivals get in a full year. But the flood of cash with sky-high profit margins only makes its turf more attractive. Meanwhile, some of Nvidia Corp.'s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases, people familiar with the matter have said. Dan Ives, Partner and Senior Managing Director at Yorkville Ives, joins for a closer look.
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Alibaba (BABA) is tumbling after announcing a plan to raise about HK$80 billion ($10.2 billion) from a share sale. The share placement is expected to dilute earnings and hurt stock performance in the near term, analysts said. Meanwhile, the fundraising will help drive AI-led growth and the impact on earnings will be limited if the company can improve AI payoffs, they added. The tech and chip sectors are seeing a broader selloff globally. - SoftBank (SFTBY) is moving on news it plans a record ¥1 trillion retail bond sale to raise funds for its investment commitments to OpenAI. - Bitcoin (BTC) is continuing its rally. Spot Bitcoin exchange-traded funds had their strongest weekly inflow in 10 months last week as the original cryptocurrency surged.
Brian Gardner, chief Washington policy strategist at Stifel, discusses the collapse in trade negotiations between the US and Canada. The US implemented a new 50% tax on imports of hundreds of Canadian items including furniture, plastics, plywood and electrical equipment on Saturday. He speaks on Bloomberg Television.
Guggenheim Partners is working with regulators as they probe a business accounting issue at one of its subsidiaries, according to Anne Walsh, chief investment officer of the firm's asset-management business. Walsh says the firm is cooperating with regulators. She speaks on "Bloomberg Surveillance."
Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, says the bond market can handle an avalanche of high-grade issuance that may reach $250 billion in September. She speaks on "Bloomberg Surveillance."
Treasury Secretary Scott Bessent is due to unveil details of the US plan to economically isolate Iran and its trading partners during a press conference Monday. Tyler Kendall reports on Bloomberg Television.
Dan Ives, partner and senior managing director at Yorkville Ives & Co., previews quarterly earnings from Nvidia as the company tells customers that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases.
Jane Foley, head of FX strategy at Rabobank, discusses market anxiety over the US Treasury and Federal Reserve in what she calls "a very interesting week" for the dollar. She speaks on "Bloomberg Brief."
Goldman Sachs, says Europe is a trade that's "worked better than people think this year," as she sees positive returns going forward for European equities due to earnings growth. She speaks on "Bloomberg Brief."
Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses concerns over ballooning US fiscal deficits and persistent inflation which sent long-dated yields to multi-decade highs last week. Speaking on Bloomberg Television, she also looks ahead to Federal Reserve Chairman Kevin Warsh's Jackson Hole speech on Friday.
