Evgeny Gaevoy, Co-Founder and CEO of Wintermute, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss greater institutional participation in crypto markets. Wintermute just released its annual report on OTC flows, and it shows trades from institutions surging.
Caterpillar Inc. surged after the company crushed Wall Street's second-quarter expectations and raised its sales outlook, easing concerns that demand for power-generation equipment used in data centers was beginning to cool. Bloomberg's Chris Ciolino joins to discuss.
McDonald's Corp. named a new US president to bring "focus and urgency" to its home market, after the fast-food chain posted its slowest growth in over a year. Bloomberg's Michael Halen joins to discuss this as well as how Taco Bell's parent company, Yum! Brands, was in touch with Michigan health authorities about a parasitic outbreak in early July, weeks before the company officially alerted consumers.
Palantir Technologies jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Bloomberg's Mandeep Singh joins to discuss this as well as how Anthropic has struck a deal for computing capacity from Volta Infra Holdings Ltd., a months-old infrastructure startup, to keep pace with demand for its products.
Short-sellers are making a massive bet against SpaceX. Bob Sloan S3 Partners Founder & Managing Partner calls it one of the frothiest trades the market has ever seen. He joins Bloomberg Open Interest to explain why bears are already billions of dollars ahead, what could trigger a short squeeze, and whether the broader market is finally losing its speculative excess.
Phantom Space CEO Jim Cantrell explains why SpaceX earnings matter far beyond one company. He argues that space startups must remain frugal, secure real contracts, and focus on profitability and says SpaceX is evolving into something closer to a nation-state than a traditional competitor.
FTSE Russell's Indrani De joins Bloomberg Open Interest to explain why the AI boom is spreading into small caps, banks and industrial stocks. She warns that massive capital spending is making markets more vulnerable to higher rates and volatility. She also highlights a growing divide between resilient wealthy consumers and stressed lower-income households.
Hopes of a new deal between Iran and the US are rising. Qatar says a proposal has been drafted. Treasury Secretary Scott Bessent says there could a deal Tuesday or Wednesday to open the Strait of Hormuz. Bloomberg's Jeff Mason has more.
Goldman Sachs' chief credit strategist Amanda Lynam says today's credit-market pressure is about dispersion, not widespread disruption. She joined Bloomberg Open Interest to explain why software borrowers face growing maturity risks, which private-credit warning signs matter most and how debt markets could help finance the massive AI buildout.
Japan's historic joint intervention with the US is shifting market focus to whether the yen can strengthen beyond 155 per dollar, a threshold strategists view as a key test for the rally's staying power. The level carries significance far beyond standard technicals. Japan's April and May interventions briefly dragged dollar-yen toward 155 before it resumed climbing, reinforcing views that official action merely buys time. Now, investors are weighing whether a clean break below it signals a structural shift. Steve Englander, Global Head: G10 FX Research at Standard Chartered, discusses the move to intervene and what it means for global currencies.
On this episode of Stock Movers: - Wayfair (W) shares jumped after the furniture retailer gave third-quarter guidance during its earnings call. The company said it expects high single-digit revenue growth in the current quarter. - McDonald's (MCD) is rising after the fast-food chain reported comparable sales for the second quarter that are slightly below the sell-side consensus estimate, while adjusted EPS was ahead. - Caterpillar (CAT) shares are surging after the company's second-quarter earnings blew past Wall Street's second-quarter expectations, easing concerns over the growth of power-generation equipment sales to data centers. - Palantir (PLTR) shares jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations this year.
Available positions fell to 7.36 million from 7.54 million in May, according to Bureau of Labor Statistics data. Speaking on "Bloomberg Open Interest," Michael McKee also reports on the revised factory orders and durable goods orders data.
