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El-Sayed Takes on Conservative Critics | Balance of Power 08/05/2026
Bloomberg Television· 2026-08-05 23:34
>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON, D. C. KAILEY: TONIGHT LET'S MAKE A DEAL.IRAN SAYS IT REACHED AN AGREEMENT WITH THEM TO REOPEN THE STRAIT OF HORMUZ TEMPORARILY AFTER PRESIDENT TRUMP TEASED THE DEAL WAS IMMINENT. WE HAVE HEARD A PROMISE OF REOPENING BEFORE AND AND INTO THE WAR MANY TIMES. MICHIGAN MAKES A LEFT.ABDUL OUTSIDE WHEN IS THE PRIMARY BY A NARROW MARGIN. WE WILL DISCUSS WHAT HIS WHEN MEETS FOR THE FUTURE AND WHAT HE WILL NEED TO DO TO SECURE VICTORY IN NOVEMBER. THE OTHER SIDE OF ...
The Close 8/5/2026
Bloomberg Television· 2026-08-05 22:14
Market Dynamics & Financial Performance - S&P 500 attempted to push for a fifth straight day of gains, notching its first record high in 10 weeks [1][4] - Multi-strategy hedge funds maintained diversification across strategies, geographies, and directionality, with assets exceeding 5 trillion dollars [13] - Broad hedge fund industry returns showed overall declines last month, with Millennium down about 2% and Verition down 1% to 2% [8][9] Corporate Earnings & Media Business - Walt Disney reported a 64% jump in profit for its entertainment division, with the company on track to spend 24 billion dollars on content this year [26][27] - Expedia reported quarterly revenue of 4.32 billion dollars, with full-year revenue guidance raised to a range of 16.05 billion dollars to 16.22 billion dollars [119][121] - SanDisk reported fiscal fourth-quarter revenue of 8.97 billion dollars, up 5% sequentially, alongside an additional 14 billion dollar share buyback authorization bringing total authorization to 15.5 billion dollars [136][140] Semiconductor & Technology Supply Chain - Western Digital reported net revenue of 3.7 billion dollars and an adjusted earnings per share of 3.56 dollars, with first-quarter revenue expected between 4 billion dollars and 4.2 billion dollars [130][131] - Quantum computing companies like PsiQuantum are building utility-scale systems with operational sites in Australia and Illinois targeted for 2027 [64][65][66] Biopharmaceutical & Healthcare Sector - Eli Lilly raised its full-year revenue forecast and beat sales estimates, driven by strong performance from Mounjaro and its obesity treatment Zepbound [79][80]
Market Today: Google AI Shake-Up, Disney Parks Surge, Palantir Soars
GuruFocus· 2026-08-05 22:00
Artificial Intelligence & Technology Sector - Google experienced a significant leadership shakeup in its artificial intelligence division, including the departure of chief scientist Jeff Dean and DeepMind CEO Demis Hassabis[1] - Palantir Technologies stock surged nearly 30% following a 93% increase in second-quarter revenue driven by strong United States commercial demand and AI solutions[2][3] - SpaceX shares dropped to an all-time low in its first earnings report since its IPO, as surging capital expenditures for artificial intelligence outweighed a revenue beat[5] - Anthropic faced increased scrutiny and calls for stronger oversight after a cyber incident involving AI agents creating fake profiles[5][6] - Memory chip demand is surging at over 200% annually, becoming a critical constraint for AI development according to industry highlights[7] Corporate Mergers & Financial Performance - Electronic Arts was taken private by a Saudi-led investor consortium, including the Saudi public investment fund and Affinity Partners, in a $55 billion deal[4] - Disney reported record quarterly revenue at its theme parks, bolstered by Toy Story 5 and travel resilience, while Flutter Entertainment shares tumbled after missing earnings expectations[3][6] - Paramount and Warner Bros. proposed merger faced increased regulatory and political scrutiny over industry consolidation concerns[9] Market Trends & Public Health - The Dow Jones Industrial Average closed at a record high while the S&P 500 and Nasdaq ended a 4-day rally amid mixed market conditions influenced by geopolitical comments[2] - A United States cyclosporiasis outbreak expanded to 47 states with 22,000 reported cases, prompting health officials to issue warnings on produce supply chains[8][10]
Stocks extend record highs: The Investment Committee's strategy
CNBC Television· 2026-08-05 21:31
Market Trends and Earnings Performance - S&P 500 achieved its seventh consecutive quarter of double-digit earnings growth, serving as the primary fundamental driver for the broader market [2] - Analysts project the S&P 500 index to potentially reach 8,000 to 8,250 driven by strong corporate earnings and robust spending [1][22][28] - S&P 500 experienced a surge of 5% over a 4-day trading period, marking one of the largest rallies since COVID and approaching a 52-week high [24] - The market has shown strong internal breadth, with 73% of S&P 500 companies trading above their 200-day moving average [17] - The Russell index achieved a 22% year-to-date performance [20] - S&P market-cap-weighted index outperformed the S&P equal-weight index by 4% over several days [5] Sector Dynamics and Investment Risks - Financial sector demonstrates robust momentum, with nearly 90% of financial companies trading above their 200-day moving average [20] - Semiconductor stocks experienced a significant market correction with a drawdown of around 30%, followed by one of the fastest market bounces on record [18][19][24] - Alphabet (Google) shares declined around 3.5% amid executive leadership restructuring at DeepMind and departures of key personnel [11][13][15]
Expedia, Block, Western Digital, & Sandisk All Report Results | Closing Bell
Bloomberg Television· 2026-08-05 20:22
And right now we are two minutes away from the end of the trading day. Romaine Bostick taking you through to that closing bell. It's a global simulcast.Carol Massar and Tim Stenbeck, they join us now. Welcome to our audiences across all of our Bloomberg platforms, television and radio. Our partnership with YouTube.Uh, a little bit of a sentiment shift here on the day Carol Massar coming off the record highs yesterday. We are modestly lower for most of the major indices that we should just flag for our viewe ...
X @Bloomberg
Bloomberg· 2026-08-05 19:33
President Trump is preparing to impose tariffs and minimum prices on imported polysilicon, a bid to boost domestic production of the material as well as the US semiconductors and solar panels made from it https://t.co/IlaDDmEFp5 ...
Trump Fuels Hopes of Hormuz Opening | Balance of Power: Early Edition 8/5/2026
Bloomberg Television· 2026-08-05 19:11
>> LIVE FROM WASHINGTON DC. THIS IS "BALANCE OF POWER" WITH JOE MATHIEU AND KAILEY LEINZ. JOE: WELCOME TO THE WEDNESDAY ADDITION AS PRESIDENT TRUMP SAYS A DEAL WITH IRAN COULD COME AS SOON AS TODAY.IT COULD BRING A NEW ORDER TO THE STRAIT OF HORMUZ. I'M JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON. THE STRAIGHT COULD BE SPLIT INTO THREE SEPARATE LANES WHICH COULD EVENTUALLY BRING TOLLS.KAILEY: IT IS NOT CLEAR THIS WILL BE A DEAL BETWEEN THE U.S. AND IRAN. WHAT SEEMS TO BE THE OFFERING IS A DEAL BETWEEN ...
Musk says SpaceX is committed to use Nvidia chips exclusively as AMD slumps after earnings
CNBC Television· 2026-08-05 18:15
But AMD, like you said, down about 7% even after a record quarter. Revenue jumped 50% driven by data center business that doubled from a year ago and now makes up nearly 60% of the company. And yet shares are down because after more than doubling this year, a beat just wasn't enough for this crowd.So why are we seeing the sell-off. The guide topped Wall Street, but not the whisper numbers, which are increasingly more important. Growth is somewhat slowing.Capital spending came in nearly three times what anal ...
What is RTX Spark?
NVIDIA· 2026-08-05 18:00
फॉर 40 इयर्स [संगीत] यू हैव वर्क्ड ऑन योर कंप्यूटर एंड फ्रॉम नाउ ऑन योर कंप्यूटरटर्स आर गोइंग टू वर्क विथ यू। दिस [संगीत] इज RTX स्पार्क सुपर चिप। वन चिप विथ अ वन पेटफ्लप ब्लैक व्हाइल [संगीत] RTX GPU 20 कोर ग्रेस सीपीयू शेयरिंग अप टू 128 [संगीत] GB ऑफ यूनिफाइड मेमोरी। RTX स्पार्क हैज़ बीन [संगीत] आर्किटेक्टेड सो दैट यू कैन बिल्ड एंड क्रिएट वि दी मोस्ट एडवांस्ड एi [संगीत] एजेंट्स रनिंग लोकली ऑन योर लैपटॉप। यू गेट RTX एक्सलरेशन फॉर योर फेवरेट एप्स द एंटायर एनवीडिया AI डेवलपर स्टक [संगीत] एंड ऑफ कोर्स डी एलएसएस ...
X @Phantom
Phantom· 2026-08-05 17:30
Sandisk is up 38% in a week 😳Earnings call in a few hours 📈 📉Time to lock in 🔒🔒🔒 https://t.co/uTq8lIUUYt ...