ROMAINE: FINANCIAL MARKETS TAKING THEIR CUES FROM THE ENERGY SECTOR AS THE U.S. WAR WITH IRAN CONTINUES TO ESCALATE. LIVE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: I'M KATIE GREIFELD.HERE IN THE U.S., S&P 500, NOT QUITE AT SESSION LOWS. BUT PRETTY CLOSE. DOWN 1.2%.A LOT OF THE PAIN TRADE COMING THROUGH WHEN IT COMES TO THE CHIPMAKERS. THE CHIP STOCKS IN GENERAL, PHILADELPHIA SEMICONDUCTOR INDEX, DOWN 2.7%. BLOOMBERG BROKE THE NEWS EARLIER TODAY THAT THE U.S. IS CONSIDERING REQUIRING ...

Market Overview - The S&P 500 fell 0.58% to 6,829.91, the Nasdaq Composite slipped 0.26% to 22,748.99, and the Dow Jones Industrial Average tumbled 1.61% to 47,954.75 due to surging oil prices and tensions related to Iran, which reignited inflation concerns [1] - U.S. crude oil prices jumped 9% and natural gas futures rose 4% as the Iran conflict showed no signs of de-escalation, leading investors to reassess risks around inflation, interest rates, growth, and valuation [3] Company Movements - Nvidia, Lam Research, and Applied Materials retreated following reports of potential new global AI-chip export rules that may require licenses for worldwide chip exports [2] - The Trade Desk saw a significant increase of about 18% due to favorable media coverage, despite overall market weakness [2] - The Trade Desk is in early discussions to assist OpenAI in rolling out advertising on its platform, which could be a positive development for the company [4] - The CEO of The Trade Desk, Jeff Green, purchased six million shares on the open market, marking his first open market buys in years, which may indicate a potential bottoming out of the stock price [4] Investment Insights - The Motley Fool Stock Advisor analyst team has identified 10 stocks they believe are the best for investors to buy now, notably excluding the S&P 500 Index from this list [5]

Core Viewpoint - Nvidia's stock is experiencing modest gains, driven by bullish price targets for 2026, potential stock splits, and ongoing AI-driven earnings growth, which are critical for assessing the company's long-term prospects [1]. Group 1: Stock Performance - Nvidia closed at $183.34, up 0.16%, with a trading volume of 190.8 million shares, approximately 8.7% above its three-month average of 175.4 million shares [1][2]. - Since its IPO in 1999, Nvidia has grown 446,886% [2]. Group 2: Market Context - The S&P 500 fell 0.56% to 6,830, while the Nasdaq Composite slipped 0.26% to 22,749, with mixed performances in the semiconductor sector; AMD closed at $199.45, down 1.30%, and Intel finished at $45.95, up 0.81% [3]. Group 3: Growth Potential - Analysts suggest Nvidia's stock could reach $300 by 2026 if demand for AI accelerators and data center infrastructure remains strong, emphasizing the company's reliance on investment from cloud providers and enterprises [4]. - Nvidia's revenue rose 73% year-over-year to $68.13 billion, with earnings exceeding expectations, driven by data center demand [4]. Group 4: Strategic Partnerships - Nvidia has formed partnerships with Coherent Corp. and Lumentum to enhance high-speed connectivity in next-generation AI data centers, addressing the increasing bandwidth and efficiency needs as workloads scale [5]. - Investors are closely monitoring AI infrastructure spending from cloud providers and enterprises, as well as the demand for Nvidia's data center chips, to gauge the sustainability of the growth trajectory suggested by bullish long-term price targets [5].

We're back on Morning Trade Live. Let's focus on chip stocks. Broadcom is rallying in early trading after posting strong earnings and announcing a new stock buyback.Here's where other major chip names are trading this morning. We've got Intel that's higher by 3/10en of a percent right now as well. But Nvidia and AMD are going in the other direction now.Just down fractionally in trade this morning. So, a bit of a mixed picture across our chip stocks today. So, let's go inside out on Broadcom's earnings with ...

Core Insights - The Nasdaq-100 ecosystem has seen significant growth, with 46% of its $1.41 trillion notional value in derivatives and 42% in ETFs as of 2025, reflecting a $350 billion increase from 2024 to 2025 [1][2][3] Group 1: Ecosystem Overview - The Nasdaq-100 (NDX) has evolved into a complex ecosystem of investment vehicles, transitioning from a benchmark for emerging technology companies to a diversified index representative of the global economy [3] - The ecosystem is primarily driven by six key financial products, which include derivatives, ETFs, and structured notes, among others [3][4] Group 2: Investor Preferences - Investors show a preference for passive long-only exposure to NDX, with QQQ and QQQM ETFs comprising nearly 70% of total ETF market capitalization, indicating a trend towards direct passive investment strategies [5] - Tailored exposure to NDX is sought by investors focusing on risk management rather than alpha generation, with approximately 59% of assets tracking NDX being risk-oriented solutions [7] Group 3: Market Dynamics - The NDX has been a significant contributor to the growth of the US large cap equity markets, with all seven "Magnificent 7" companies being Nasdaq-listed and included in NDX [9][15] - The dynamic definition of large cap stocks has evolved, with the threshold increasing from $4.2 billion in 2011 to $22.9 billion in 2025, highlighting the growth of the market [10] Group 4: Comparative Analysis - NDX constituents have consistently tracked the dynamic large cap threshold, contrasting with the S&P 500, which includes many constituents below this threshold, thus reinforcing NDX's status as a true large cap index [13]

Nvidia Is Probably Done Investing in OpenAI and Anthropic, Says CEO—Why?https://t.co/EpGeJmNk8z ...

Group 1: Broadcom's AI Chip Sales - Broadcom's CEO projects AI chip sales to exceed $100 billion by 2027, a significant increase from $20 billion in 2025 [3][58] - In the most recent quarter, Broadcom's chip sales grew by 100% year-over-year, indicating strong momentum [4] - Analysts are optimistic about Broadcom's position in the AI market, with forecasts seen as better than expected [5][19] Group 2: Market Reactions and Stock Performance - Broadcom's stock rose by 5% following the earnings report, reflecting positive market sentiment despite concerns about execution [3][58] - The company is viewed as a top holding for many investment firms, indicating strong investor confidence [10] - There is a notable contrast between Broadcom's projected growth and its current sales figures, raising questions about the feasibility of such rapid growth [9][11] Group 3: Anthropic and Pentagon Discussions - Anthropic has resumed discussions with the Pentagon regarding the use of its AI models for military applications, following previous tensions [28][30] - The negotiations focus on key issues such as protections against mass surveillance and the deployment of autonomous weapons [31][32] - The outcome of these discussions remains uncertain, but there is a push from both sides to de-escalate tensions [30] Group 4: Impact of Middle East Conflict on Supply Chains - The ongoing conflict in the Middle East is causing disruptions in global supply chains, with air freight capacity affected by approximately 10% to 13% [41] - Data centers are increasingly viewed as critical infrastructure, similar to oil and ports, during wartime [34] - Companies are advised to harden their infrastructure to protect against potential attacks on data centers [36][37] Group 5: Nominal's Growth and Valuation - Industrial software startup Nominal has raised $80 million, bringing its valuation to $1 billion, reflecting strong investor interest in modernizing manufacturing capabilities [2][73] - The company aims to build a platform for hardware testing and operations, addressing the needs of the industrial sector [75][82] - Nominal's software is considered mission-critical for engineers, emphasizing its importance in automating complex tasks [82]

Core Viewpoint - The Trade Desk's shares surged following reports of discussions with OpenAI regarding advertising collaboration, coinciding with OpenAI's recent $10 billion funding round [1][2]. Company Overview - The Trade Desk operates as a platform for real-time bidding and purchasing of ad space, but has recently struggled, being the worst performer in its sector due to reduced ad spending amid economic uncertainty [4][5]. - The company faces significant competition from major players like Google, Meta, and Amazon, which complicates its market position [5]. Financial Projections - OpenAI projects its revenue to exceed $280 billion by 2030, indicating potential growth in the advertising sector that could benefit partners like The Trade Desk [2]. Market Performance - The Trade Desk's stock experienced a nearly 20% increase during the day of the news, but it remains down over 50% from the previous year [3][14]. - The stock has seen a downward trend, with key price levels to watch being 41, 37, and around 29.50 [9][10]. Technical Analysis - The stock is currently above a gap near 29.50, with moving averages indicating potential resistance around 32.50 [11]. - Recent trading volume has been significant, with a notable increase of 6.4 times the 5-day moving average, suggesting high trader conviction [14][15]. Options Activity - Options trading for The Trade Desk saw over 300,000 contracts change hands, with the highest open interest in the January 15, 2027 contract [15]. - A specific trade involved the purchase of 2,000 March 23.5 calls, indicating strategic positioning despite a closing trade that resulted in a loss [16].

Group 1 - The Trump administration is developing new export rules that may require companies to obtain government permission for exports of nearly all AI accelerators, impacting major tech stocks negatively [1][6] - Shares of AI chipmakers Nvidia and Advanced Micro Devices (AMD) experienced a decline before recovering some losses, while Broadcom saw a nearly 5% gain following a strong earnings report [2][6] - The proposed rules could hinder sales for American AI chipmakers like Nvidia and AMD, who are looking to expand their market by selling advanced chips internationally [3][4] Group 2 - Nvidia and AMD previously received approvals to export advanced chips to China under certain conditions, but have faced challenges in generating revenue from these sales [5] - The new export regulations are not finalized and may change or be postponed based on other priorities of the Trump administration [6]

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell. It's a global simulcast.Carol Massar and Centrebet join us now. Welcome to our audiences across all of our Bloomberg platforms Television, Radio. Our partnership with YouTube to parse the most crucial moments of the day.And another wild day. It was Carol Massar. Man, it was wild, right.And we're looking at a market trade that, you know, we're still down acros ...