Inflation Will Persistently Stay Above the Fed's Target, Hooper Says
Man Group Chief Market Strategist Kristina Hooper says inflation will persistently stay above the Federal Reserve's target. She speaks on "Bloomberg Open Interest."
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Man Group Chief Market Strategist Kristina Hooper says inflation will persistently stay above the Federal Reserve's target. She speaks on "Bloomberg Open Interest."
Global bond yields have resumed their march higher on Monday, with US rates pushing to pre-global financial crisis highs again. With oil ticking higher on fresh Middle East headlines and the Empire Manufacturing survey coming in hotter than expected, yields have extended their ascent in the US session. The emergence of weaker employment and inflation looked like it might have been enough to keep the long end of the curve at bay, but the balance of risks is shifting back toward higher rates. For more on the broader rate environment, we speak with Steven Major, Global Macro Advisor at Tradition.
OmniAb (NASDAQ:OABI) raised its year-end 2026 cash and cash equivalents guidance to $49 million–$53 million from $37 million–$41 million previously.
Nth Cycle CEO Megan O'Connor joins Bloomberg Open Interest to explain why China's control of more than 85% of critical-mineral refining poses a major US supply-chain risk. She breaks down Washington's push to keep battery materials at home, the government support needed to compete with China, and how Nth Cycle says its technology can bring domestic refining online faster.
Serve Robotics CEO Ali Kashani joins Bloomberg Open Interest to explain why the company is shifting toward DoorDash and Grubhub, how delivery robots could cut last-mile costs and why sidewalk delivery is only the beginning. Kashani says the same AI-powered technology could eventually transform hospitals, logistics and everyday robotics.
On this episode of Stock Movers: - Shares of Alibaba (BABA) rise after disclosing a deal to sell its gaming arm and touting claims of more than 3 billion downloads for its open AI model. - Shares of DR Horton (DHI) and Macy's (M) are moved higher after Berkshire Hathaway disclosed stakes in the companies in a filing. - Shares of Snap (SNAP) are down in trading Monday. The stock is set to end its win streak over past two sessions.
OmniAb (NASDAQ:OABI) signed a global collaboration and license agreement with Eli Lilly (NYSE:LLY) covering a new ion channel drug discovery program.
AMC Robotics (NASDAQ:AMCI) reported Q2 2026 revenue of $937,000, down from $1.4 million, while gross profit increased to $751,000.
Rubico (NASDAQ:RUBI) reported a first-half 2026 net loss of $1.1 million on revenue of $9.7 million, with operating cash flow of $4.1 million.
NRx Pharmaceuticals (NASDAQ:NRXP) reported a first-half 2026 net loss of $18 million versus $23.1 million a year earlier, while cash increased to $26.7 million.
Steven Major, global macro advisor at Tradition Dubai, says some bonds may be getting "twitchy" further out on the curve. He says the US Treasury is not doing any favors for the taxpayer "by issuing long bonds north north of 5% yield." He speaks on "Bloomberg Surveillance."
OLB Group (NASDAQ:OLB) reported Q2 2026 revenue of $1.28 million, down 43.6% year-over-year, while its net loss narrowed 50.3% to $1.05 million.
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