Stocks Hit Records on AI Trade, Iran Deal Prospect | The Opening Trade 8/5/2026

Global stocks climbed to a record as hopes rose for a US-Iran deal to open the Strait of Hormuz, while investors renewed bets on the artificial intelligence trade, driving gains in chipmakers. S&P 500 futures rose after the index hit another all-time high, buoyed by a rally in technology stocks. Europe’s Stoxx 600 hit a new record, as did MSCI’s All Country World Index. Brent crude held around $80 a barrel after Tuesday’s plunge, as Axios reported that Washington, Tehran and Oman were nearing an agreement to resume oil flows through the Strait. Treasuries were steady and gold advanced as traders curbed expectations for interest-rate hikes. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Lizzy Burden. Chapters: 00:00:00 - The Opening Trade 00:00:47 - Market Check 00:02:46 - SpaxeX's AI Splurge 00:04:13 - Novo Nordisk Wegovy Pill Sales 00:05:46 - Oil Price Drops on Hormuz Opening Speculation 00:09:03 - Uber Earnings 00:11:49 - Ahold Delhaize CFO Jolanda Poots-Bijl 00:24:41 - Bond Market Check 00:27:11 - Sandoz CEO Richard Saynor 00:35:57 - Elon Musk on AI Improvement 00:38:04 - AMD Stock 00:46:51 - Stocks to Watch: Novo Nordisk, Infineon, Glencore 00:51:59 - Infineon Stock 01:02:43 - Spain Services PMI Rises 01:15:11 - Europe, Russia Ex-Officials Talks 01:29:45 - Infineon CFO Sven Schneider on AI, Autos 01:34:43 - Treasuries Rise -------- 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