Volatile Week for Equity Markets | Closing Bell

Watch on YouTube ↗  |  August 14, 2026 at 21:32  |  7:22  |  Bloomberg Markets
Speakers
Katie Greifeld — Anchor, Bloomberg
Romaine Bostick — Anchor, Bloomberg
Carol Massar — Anchor, Bloomberg
Tim Stenovec — Anchor/Co-Host, Bloomberg TV & Radio

Summary

Bloomberg Closing Bell hosts wrap a volatile but mixed week for US equities, with major indices mostly little changed or slightly lower on Friday while the Russell 2000 outperformed. They highlight individual stock moves including Reddit's S&P 500 inclusion boost, SanDisk's JPMorgan overweight on AI NAND demand, and Unusual Machines' gain on drone tariffs, alongside declines in Oracle, Applied Materials, and QXO. The team also previews next week's retail earnings and notes long-end Treasury yields as a key 2026 story.

  • Major US equity indices closed mostly lower Friday but held weekly gains in S&P 500 and Nasdaq; Russell 2000 outperformed.
  • Reddit rallied on news it will join the S&P 500, replacing AvalonBay Communities.
  • SanDisk climbed after JPMorgan initiated coverage at overweight, citing AI-driven NAND demand.
  • Unusual Machines surged after the US announced 100% tariffs on imported drones and components.
  • Oracle, Applied Materials, and QXO fell on company-specific news.
  • Next week's Walmart, Target, and TJX earnings were previewed as a consumer health check.
  • The 30-year Treasury yield was flagged as a key story for 2026.
Ideas
Katie Greifeld Anchor, Bloomberg 3:05
Index inclusion could boost Reddit shares.
Reddit jumped after news it will join the S&P 500 prior to the August 18 open, replacing AvalonBay Communities. With 14% of the float short and the stock still down more than 20% year to date, the mechanical buying from index funds could provide another boost, and the inclusion is worth watching.
RDDT MED
Romaine Bostick Anchor, Bloomberg 3:42
AI NAND demand upside for SanDisk.
JPMorgan initiated SanDisk at overweight following its investor day, arguing the company is uniquely positioned to capture the structural inflection in NAND demand driven by rapid growth in AI inference. The firm set a $2,250 price target, implying roughly 47% upside from the last close.
SNDK HIGH
Romaine Bostick Anchor, Bloomberg 4:33
Drone tariffs boost Unusual Machines domestically.
Unusual Machines, a domestic drone parts company, jumped after the Trump administration announced 100% tariffs on imported unmanned aircraft systems and components. With 23% of the float short and the stock already up about 160% year to date, the tariff catalyst is driving Wall Street buying in the name.
Unusual Machines MED
Up Next
5:20
Consumers are not what will hold market rally back, says PNC's Yung-Yu Ma
CNBC · Aug 14
4:36
Dan Ives: Workday's potential acquisition puts a floor on names in the sector
CNBC · Aug 14
3:49
Market Close: Stocks Lower, Small Caps Rise, OpenAI Talent Exodus • 8/14/26
CNBC · Aug 14
26:23
Which stocks are foreigners currently increasing their stake in? | Chesley Investment Advisory Executive Director Park Se-ik [Chesley Official Membership / 26.08.13.Thu]
Chesley Investment Advisory (체슬리투자자문) · Aug 14
3:15
Freshmen Pay Thousands For Sorority Rush Coaches
Bloomberg Markets · Aug 14

This Bloomberg Markets video, published August 14, 2026, features Katie Greifeld, Romaine Bostick discussing RDDT, SNDK, Unusual Machines. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Katie Greifeld, Romaine Bostick  · Tickers: RDDT, SNDK, Unusual Machines