Stocks Waver as Tech Earnings Take Center Stage | Open Interest 7/22/2026

Published 22 July 2026 · finance

Get a jump start on the US trading day with "Bloomberg Open Interest." Alphabet, Tesla and IBM kick off Big Tech earnings with AI spending

Get a jump start on the US trading day with "Bloomberg Open Interest." Alphabet, Tesla and IBM kick off Big Tech earnings with AI spending under scrutiny. Oil surges as Iran tensions simmer. Nadia Lovell of UBS Global Wealth Management and Jordan Jackson of JPMorgan Asset Management discuss the vulnerabilities facing the stock market. Plus, banks are booming, but Wells Fargo is staying disciplined. CEO Charlie Scharf joins Bloomberg for an exclusive interview. Chapters 00:00:00 - Open Interest 00:01:40 - Alphabet, Tesla, AI Capex, Semiconductor Demand & Cloud Monetization 00:05:22 - AT&T Earnings, Broadband Competition, Wireless Growth & Bundling Strategy 00:07:40 - Iran Escalation, Strait of Hormuz Threats, Oil Supply Risks & Drug Tariffs 00:12:32 - Charlie Scharf Wells Fargo | Wells Fargo Growth Strategy, Investment Banking Expansion, AI Financing & U.S. Economy 00:29:03 - Nadia Lovell UBS Global Wealth Management | Big Tech Earnings, AI Monetization, Cloud Growth, Semiconductors & Market Outlook 00:38:53 - Top Calls | Capital One Price Target Raise, Alaska Air Price Target Cut & IBM Neutral Initiation 00:39:34 - Alphabet Earnings, AI Cloud Growth, Tesla AI Spending, OpenAI Models & AI Monetization 00:45:39 - AT&T Subscriber Growth, Satellite Competition, Broadband Bundling & Pricing Strategy 00:49:42 - Alphabet Capex, Google Cloud Growth, Tesla AI Investments & OpenAI Security Concerns 00:54:21 - Jordan Jackson JPMorgan Asset Management | AI Capex Boom, Credit Markets, Tech Concentration, Bond Risks & Market Diversification 01:03:38 - High Interest | Saudi Civil Nuclear Deal, World Cup Ratings Record & Utz Going Private 01:04:42 - Utz Buyout, Cross-Border M&A, Consumer Trends & Food Industry Consolidation 01:10:40 - Marc Rosen Catalyst Brands | Back-to-School Spending, Consumer Health, JCPenney Strategy, AI Automation & Retail Trends 01:20:17 - Itay Michaeli TD Cowen | Tesla Earnings, Robotaxi Rollout, EV Recovery, AI Strategy & Autonomous Vehicles 01:26:37 - Charlie Scharf | Wells Fargo Growth, Banking Expansion, Investment Banking, Credit Markets & U.S. Economy 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 Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on Connect with Bloomberg Business on TikTok Reddit More from Bloomberg Bloomberg Radio Bloomberg Surveillance Bloomberg Politics Bloomberg Originals Watch more on Bloomberg Technology Bloomberg Originals Bloomberg Quicktake Bloomberg Espanol Bloomberg Podcasts