Stocks Bounce Before Nvidia as Bessent Faces Pushback | Open Interest 8/25/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Nvidia tries to snap its losing streak ahead of earnings, while software stocks face a gut check. Scott Bessent faces pushback from his former mentor as Stan Druckenmiller calls Treasury's bond buying a mistake. Meanwhile, Bessent's Iran strategy risks putting Washington on a collision course with Beijing. Plus, Bob Doll, Crossmark Global Investments Chief Investment Officer, and Marija Veitmane, State Street Global Markets Head of Equity Research, on the market outlook ahead of Nvidia earnings and Jackson Hole. Chapters: 00:00:00 - Open Interest 00:01:38 - Druckenmiller vs. Bessent, Treasury Buybacks, Bond Market Pushback & Fed Risks 00:05:26 - Iran Sanctions Campaign, China Oil Imports, Canada Trade Dispute & Secondary Sanctions 00:08:33 - Nvidia Earnings Preview, AI Demand, Pricing Power & AI Financing Risks 00:13:36 - High Interest | Volkswagen Job Cuts, Apple's New Mac Mini & Dick's Sporting Goods Warning 00:14:21 - Dick's Sporting Goods, Foot Locker Turnaround, Sneaker Demand & Consumer Trends 00:18:44 - Bob Doll Crossmark | Bond Vigilantes, Treasury Yields, Inflation Risks & Market Outlook 00:31:32 - Top Calls | Moderna Upgrade, Five Below Downgrade & AMD Upgraded to Strong Buy 00:32:08 - Nvidia's AI Outlook, SpaceX Compute Demand, Anthropic, AI Adoption & Software Risks 00:40:01 - SEC Probe into Situational Awareness, Hedge Fund Leverage & AI Trade Fallout 00:44:23 - Consumer Confidence Miss, Housing Weakness, Jackson Hole & Druckenmiller's Warning 00:48:07 - Marija Veitmane State Street | Why Investors Keep Buying Tech, Nvidia Setup, Rising Yields & Small-Cap Risks 00:55:23 - High Interest | H-1B Visa Fee Proposal, SEC Subpoenas over Situational Awareness & Thoma Bravo's Debt Wall 00:56:28 - Private Credit Power Shift, Software Debt Stress, PE Liquidity Challenges & SaaS Financing 01:05:01 - Scott Kirby | United Airlines Expansion, Premium Travel Demand & International Growth 01:12:32 - Iran Economic Pressure Campaign, China Response, Hormuz Risks & Canada Tariff Fight 01:21:45 - Oura IPO, Anthropic Pipeline, IPO Market Revival & Consumer Health Tech -------- 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