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