Stocks Stall as Wall Street Awaits Nvidia | Open Interest 8/26/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Stocks waver as traders hold back on risk ahead of Nvidia earnings and fresh signals on the durability of the AI trade. US consumer spending stalls in July while the Fed's preferred inflation gauge rises as expected, bolstering the case for rates to stay on hold. Meta agrees to pay $16.7 billion to settle a landmark case over teens’ addiction to Facebook and Instagram. Vanguard CEO Salim Ramji and Altruist CEO Jason Wenk explain why they decided to combine assets. Plus, CityPickle Co-CEO Mary Cannon on the explosive growth of pickleball. Chapters: 00:00:00 - Open Interest 00:01:22 - PCE Inflation, Fed Rate Risks, Jackson Hole & Kevin Warsh Expectations 00:05:48 - Nvidia's $100B Revenue Milestone, AI Spending, Data Center Demand & Meta Settlement 00:11:56 - Smucker's Uncrustables Strength, Bitcoin Exposure Risks & SolarEdge Upgrade 00:13:34 - High Interest | Iran-Oman Hormuz Deal, Druckenmiller's AI Op-Ed & Kohl's Turnaround Effort 00:14:58 - Kohl's Struggles, Abercrombie Surge & Consumer Spending Trends 00:17:17 - Meta's $16.7B Teen Harm Settlement, Regulatory Risks & Platform Changes 00:23:38 - Amanda Agati PNC | Nvidia Expectations, AI Valuations, Fed Uncertainty & Market Leadership 00:31:47 - Top Calls | Strategy Target Cut, SolarEdge Upgrade & Software Sector Downgrades 00:33:32 - Exclusive | Vanguard & Altruist CEOs | Wealth Management Disruption, AI Tools & Financial Advice Expansion 00:46:41 - Inflation Debate, Consumer Spending, GDP Strength & Jackson Hole Preview 00:49:48 - Katy Kaminski AlphaSimplex | Treasury Buybacks, Bond Market Risks, Oil Prices & Rate Expectations 00:58:49 - High Interest | TWG Sports Asset Defense, Victory Capital Deal & Meta's Landmark Settlement 00:59:51 - Meta Settlement Impact, Teen Safety Rules, Social Media Regulation & AI Oversight 01:07:52 - Abercrombie's Comeback, Kohl's Challenges & Retail Competitive Pressures 01:11:25 - Mary Cannon CityPickle | CityPickle Host Major League Pickleball Finals 01:21:15 - Nvidia Earnings Preview, AI Infrastructure Demand, Memory Costs & OpenAI Competition 01:26:17 - Iran-Oman Hormuz Negotiations, U.S. Response & Canada Tariff Escalation -------- 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