Trump Addresses UN as Caution Grips Wall Street

Get a jump-start on the US trading day with Dani Burger on "Bloomberg Open Interest." President Trump takes center stage at the United Nations General Assembly as world leaders step up diplomatic efforts. Oil wavers as Saudi Arabia looks to resume flows through a key pipeline, while traders watch for signs of progress toward reopening the Strait of Hormuz. Plus, AI fears linger as chip competition heats up and data-center backlash grows. Principal Global Investors Chief Global Strategist Seema Shah and Goldman Sachs Chief US Equity Strategist Ben Snider weigh in as caution grips Wall Street following a rally that pushed stocks near all-time highs. Chapters: 00:00:00 - Open Interest 00:02:11 - Trump at the U.N., U.S.-China Talks & Global Diplomacy 00:06:27 - Alibaba's AI Chip Challenge, Nvidia Competition & China's AI Push 00:09:02 - On Holding's Growth Story, Sportswear Competition & Consumer Trends 00:13:38 - High Interest | Greenland, Texas, Goldman Sachs 00:14:30 - Seema Shah Principal Asset Management | Oil Below $100, AI Rally Sustainability & Market Outlook 00:20:25 - Ben Snider Goldman Sachs | AI Bubble Fears, Earnings Growth & Market Positioning 00:33:03 - Top Calls | Valero, Fifth Third Bancorp, MetLife 00:34:04 - Goldman Sachs, Palmer Square & the Private Credit Expansion 00:39:49 - Trump's U.N. Agenda, Iran, Ukraine & Global Energy Diplomacy 00:56:23 - High Interest | FAA, Novo Nordisk, Goldman Sachs 00:57:15 - Private Credit Default Risks, CLO Markets & Retail Investor Exposure 01:01:36 - Texas Data Center Backlash, AI Infrastructure & Political Tensions 01:06:39 - resident Donald Trump at the United Nations -------- 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