Inside T. Rowe Price: Markets, AI & the Future of Investing | The Close 8/31/2026

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are T. Rowe Price CIO, Co-Head of Global Investments Sebastien Page, T. Rowe Price Chief U.S. Economist Blerina Uruçi, T. Rowe Price. Lead Portfolio Manager, Active ETFs Jodi Love, T. Rowe Price Head of Global Distribution Dee Sawyer, & T. Rowe Price CEO Rob Sharps. Chapters: 00:00:00 Bloomberg The Close 00:03:07 T. Rowe Price CIO on AI, Market Broadening & Momentum 00:06:17 AI Capex, Nvidia & the Sustainability of the AI Boom 00:09:25 Fed Policy, Inflation & Rising Treasury Yields 00:13:01 AI, Fundamental Research & Active Management 00:16:15 Nvidia’s $3.5 Billion MediaTek Partnership 00:19:46 Nvidia, Custom Chips & Circular Financing 00:23:26 T. Rowe Price Economist on Fed Hikes & Inflation 00:26:55 Labor Markets, Wages & the Fed’s Inflation Mandate 00:30:44 AI Productivity, Treasury Yields & Rate Volatility 00:32:36 Stock of the Hour: PG&E & California Wildfire Risk 00:36:23 T. Rowe Price Lead Portfolio Manager on Small Caps & Active ETFs 00:39:30 Market Concentration, Growth Stocks & Active Management 00:42:31 Russell Rebalancing, Momentum & ETF Opportunities 00:46:00 Market Movers: Tesla, CrowdStrike & Deere 00:49:08 Biggest Losers: PG&E, Pinterest & Herbalife 00:53:11 T. Rowe Price’s Dee Sawyer on Growth & Diversification 00:56:19 Active ETFs, Fixed Income & T. Rowe Price’s Expansion 00:59:06 Private Assets, Goldman Sachs & Institutional Strategy 01:02:25 AI, Client Solutions & T. Rowe Price’s Baltimore Roots 01:04:01 Apple’s Post-Tim Cook Era & AI Strategy 01:08:22 T. Rowe Price CEO Rob Sharps on Retirement & Firm Strategy 01:12:14 Active Management, ETFs & T. Rowe Price’s Transformation 01:15:36 Private Assets in 401(k)s & the Goldman Sachs Partnership 01:19:46 Fixed Income, ETFs & the F/M Investments Acquisition 01:22:08 M&A, Consolidation & T. Rowe Price’s Independence 01:25:54 AI’s Role in Investment Research 01:28:26 Crypto, Baltimore & the Future of T. Rowe Price 01:31:02 Asset Management Consolidation & Closing Thoughts -------- 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: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts