Stocks Rally but End a Volatile Week Lower | The Close 8/21/2026

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 ProShares Head of Research & Active Investments CIO Alessio de Longis, KPMG Chief Economist Diane Swonk, Goldman Sachs Co-Head, Global Commodities Research Daan Struyven, Janus Henderson Portfolio Manager Jeremiah Buckley, National Academy of Engineering President Tsu-Jae King Liu, Loop CEO Matt McKinney, Liquid Death Founder & CEO Mike Cessario, Legendary Sports Agent Leigh Steinberg, & Boxer Mike Tyson. Chapters: 00:00:00 Bloomberg The Close 00:03:01 ProShares on the Debasement Trade, Yields & Equities 00:10:12 Diane Swonk on Jackson Hole, Fed Policy & Inflation 00:13:48 AI, Productivity & the Fed's Interest Rate Challenge 00:17:31 Top Calls 00:18:30 Bitcoin Rally, Robinhood & the Return of Crypto 00:22:36 Goldman Sachs on Iran Sanctions, Oil & Refining 00:27:12 Gold Rally, Central Bank Buying & Fiscal Risk 00:31:34 Citadel Profits From Situational Awareness Hedge Fund Deal 00:36:39 Janus Henderson on Nvidia, AI & Software Stocks 00:39:00 Anthropic IPO, AI Debt & Nvidia Financing 00:41:00 Market Broadens Beyond AI Into Health Care & Financials 00:43:23 Closing Bell 00:46:18 Market Movers: Moderna, Ross Stores & BJ's Wholesale 00:48:47 Biggest Losers: Micron, Nvidia & Boston Beer 00:54:14 Nvidia Earnings Preview & Semiconductor Competition 00:55:24 Semiconductor Pioneer on Nvidia, TSMC & the AI Supercycle 00:57:13 AI Data Centers, Power Demand & Chip Efficiency 01:00:12 U.S.-China Chip Competition & Engineering Talent 01:03:10 AI Supply Chain Constraints Shift From Chips to Power 01:08:36 AI Backlash, Data Centers & Liquid Death's Viral Campaign 01:12:00 Can Better Marketing Change Public Perception of AI? 01:13:15 Liquid Death CEO on AI, Advertising & Human Creativity 01:15:04 Liquid Death's IPO Outlook 01:16:20 Leigh Steinberg on Lakers Valuation & the Business of Sports 01:20:03 Should Athletes Share in Team Valuation Gains? 01:22:00 Private Equity, Sports Ownership & NIL 01:25:21 Mike Tyson on His New Food Business & Healthy Eating 01:28:17 Mike Tyson on a Potential Floyd Mayweather Fight 01:29:01 What to Watch -------- 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