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President Trump is framing the deal for a US stake in 65 billion barrels of Venezuelan oil as a victory that will lower gasoline prices and replenish depleted crude reserves. It's far from certain the plan will lead to either during his presidency if at all. Trump pushed for a blockbuster move after growing frustrated that private oil companies, including ExxonMobil Holdings Corp. and ConocoPhillips, weren't moving quickly enough to boost production in Venezuela, according to people familiar with the matter. By starting a new venture directly controlled by the US, his administration is seeking to give producers more confidence to commit to developing the 17 oil fields involved in the deal. For more, we speak with Ellen Wald, President and Founder of Transversal Consulting & Senior Fellow at the Atlantic Council Global Energy Center.

The US Open is serving up a record $108 Million prize purse after years of players rallying for more money. Bloomberg's Shaquille Omari breaks down how much winners will take home this year.

Some investors are voicing skepticism about mounting speculation that Federal Reserve Chairman Kevin Warsh is poised to raise interest rates. After Warsh reiterated his commitment to bringing down inflation in a highly anticipated speech on Friday, swaps traders see a rate hike as more likely than not at the central bank's next decision in mid-September.  Sarah Hunt, Chief Market Strategist at Alpine Saxon Woods, offers her equity outlook post-Jackson Hole.

Newell Brands President & CEO Chris Peterson joins Bloomberg Open Interest to break down the increasingly divided US consumer, explaining why higher-income shoppers are still spending while lower-income households remain pressured. He also talks about how AI slashed digital content costs by 80%, helping the Sharpie and Rubbermaid maker return to growth without widespread job cuts.

Timna Tanners, an analyst for Wells Fargo & Co., says Canada's retaliatory steel tariffs are mostly ``for show'' because the trade war with the US already has made American imports too costly. She speaks with Dani Burger and Sally Bakewell on Bloomberg's ``Open Interest.''

Wells Fargo's Equity Research Analyst Timna Tanners pours cold water on the steel rally, warning that high prices could attract imports and face pressure from new domestic capacity. She calls Canada's looming counter-tariffs largely symbolic and explains why Nucor and Steel Dynamics could outperform if steel prices retreat.

Standard Lithium CEO David Park joins Bloomberg Open Interest on the company's new deal with LG Energy Solutions and how it could unlock financing for a major US lithium project. He also warns China's dominance of lithium chemicals poses a strategic threat and says booming demand from AI data centers, energy storage, EVs and defense could reshape the domestic lithium market.

A flare-up in geopolitical risks sent stocks and bonds lower as oil climbed, raising concerns about inflationary pressures that could make the Federal Reserve raise interest rates. Tracie McMillion, Head of Global Asset Allocation Strategy at Wells Fargo, discusses the constructive backdrop for stocks and commodities.

Lisa Sturtevant, Chief Economist at Bright MLS, discusses the current real estate market and how affordability pains are causing 'shadow homebuyers' to wait until rates drop in order to buy.

On this episode of Stock Movers: - PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state's wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock. - Chevron (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan. - Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. It's the only stock rising in the Mag 7 on Monday.

Nvidia CEO Jensen Huang says their chips accelerate the entire lifecycle of artificial intelligence. He speaks exclusively with Bloomberg's Ed Ludlow and says Nvidia can address markets that no one else can.

Nvidia Corp. Chief Executive Officer Jensen Huang and Rick Tsai, MediaTek Inc. CEO, talk about expanding their partnership. Nvidia is investing $3.5 billion in the Taiwanese chipmaker. They speak exclusively to Bloomberg's Ed Ludlow.