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
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