Trump Addresses UN as Caution Grips Wall Street

Get a jump-start on the US trading day with Dani Burger on "Bloomberg Open Interest." President Trump takes center stage at the United Nations General Assembly as world leaders step up diplomatic efforts. Oil wavers as Saudi Arabia looks to resume flows through a key pipeline, while traders watch for signs of progress toward reopening the Strait of Hormuz. Plus, AI fears linger as chip competition heats up and data-center backlash grows. Principal Global Investors Chief Global Strategist Seema Shah and Goldman Sachs Chief US Equity Strategist Ben Snider weigh in as caution grips Wall Street following a rally that pushed stocks near all-time highs.

Chapters:
00:00:00 – Open Interest
00:02:11 – Trump at the U.N., U.S.-China Talks & Global Diplomacy
00:06:27 – Alibaba’s AI Chip Challenge, Nvidia Competition & China’s AI Push
00:09:02 – On Holding’s Growth Story, Sportswear Competition & Consumer Trends
00:13:38 – High Interest | Greenland, Texas, Goldman Sachs
00:14:30 – Seema Shah Principal Asset Management | Oil Below $100, AI Rally Sustainability & Market Outlook
00:20:25 – Ben Snider Goldman Sachs | AI Bubble Fears, Earnings Growth & Market Positioning
00:33:03 – Top Calls | Valero, Fifth Third Bancorp, MetLife
00:34:04 – Goldman Sachs, Palmer Square & the Private Credit Expansion
00:39:49 – Trump’s U.N. Agenda, Iran, Ukraine & Global Energy Diplomacy
00:56:23 – High Interest | FAA, Novo Nordisk, Goldman Sachs
00:57:15 – Private Credit Default Risks, CLO Markets & Retail Investor Exposure
01:01:36 – Texas Data Center Backlash, AI Infrastructure & Political Tensions
01:06:39 – resident Donald Trump at the United Nations
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