Stocks Rally on Strong Earnings; SpaceX’s AI Spending Hits Shares

US equity futures gains after stocks closed at an all-time high for the first time since June. Shares of SpaceX extend its decline as the company’s AI spending puts a damper on its debut earnings results. Oil rises after a new threat by the Houthi militant against Middle East shipping offsets optimism from President Trump about a potential US-Iran deal. Matt McLennan of First Eagle Investments discusses the resilience in US corporate profit margins.

Chapters:
00:00:00 – Bloomberg Brief Begins, Opening Headlines & Global Market Snapshot
00:00:41 – Global Market Check: Asia Markets Rally on AI Optimism & Iran Deal Hopes Asia Markets Rally on AI Optimism & Iran Deal Hopes,
00:01:38 – Europe Markets: Mining Stocks, Oil & Economic Data
00:02:35 – U.S. Markets: Treasury Yields, Oil & AMD Reaction
00:03:30 – First Look Movers: SpaceX, AMD & Pinterest
00:04:42 – SpaceX Earnings: AI Spending Sparks Selloff, Starlink’s Wireless Expansion Plan
00:07:49 – AI Stocks Under Pressure: AMD & Infineon Analysis, China Export Controls & AI Supply Chain Risks
00:11:30 – Trump, Iran & Strait of Hormuz Negotiations
00:14:55 – Trending on the Terminal
00:16:05 – Michigan Democratic Senate Primary Results
00:19:25 – Front Page News
00:21:33 – Market Setup: Futures, Oil & Treasury Yields
00:23:02 – First Look Movers: SpaceX, AMD & Arista Networks
00:24:09 – Matt McLennan, First Eagle Investments Head of Global Value Team. on Software Stocks, Data Centers & AI Spending
00:31:51 – Trending on the Terminal
00:32:59 – Paramount Earnings & Media Industry Outlook
00:34:50 – Disney Preview: Streaming, Parks & Strategy
00:37:59 – SpaceX Earnings Revisited: AI Spending Concerns, SpaceX Lockup Expiration & Stock Pressure
00:42:01 – What to Watch Today
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

No Comments

Stocks Rally on Strong Earnings; SpaceX’s AI Spending Hits Shares | Bloomberg Brief 08/05/26

Leave a Reply Cancel reply