Идеи
Mag 7 valuations can normalize further.
Magnificent Seven valuations have reset from 35x in October 2025 to 22x, well below the five-year average of 28x, leaving room for further normalization and providing upside potential for the group.
US ban benefits SK hynix, Samsung.
The U.S. drafting a ban on China data center components will reduce competition and benefit South Korean memory chip makers SK hynix and Samsung, which are well-positioned to capture market share.
AMD to gain AI chip market share.
Nvidia is the dominant AI chip player with faster expected growth and better positioning, while AMD needs to prove that AI spending will continue well beyond 2027 to justify its current valuation; thus Nvidia is a buy and AMD should be avoided at current levels.
David Lebovitz
Глобальный стратег по мультиактивным решениям, J.P. Morgan Asset Management
60:18
High-yield bonds attractive in growth.
High-yield bonds provide attractive yields around 7.25-7.50% with fairly low duration in an environment where above-trend growth keeps default risk contained and spreads remain manageable.
Oil majors thrive on refining tightness.
U.S. refineries are running at near-maximum capacity with very little room to increase gasoline supply, keeping refining margins elevated and oil major profits high; the only way to bring prices down is demand destruction, which supports staying long the majors until that occurs.
SpaceX moat in satellite AI infrastructure.
SpaceX possesses a wide competitive moat due to its Falcon and Starlink successes, with satellite-based AI compute capabilities (laser mesh, GPU-equipped satellites) providing a differentiated, scalable sum-of-the-parts value across launch, connectivity, and AI infrastructure.
Vishal Khanduja
Со-глава отдела инструментов с фиксированной доходностью, Morgan Stanley Investment Management
94:09
Buy 5-7yr Ts, avoid 30yr.
A hawkish Fed that keeps inflation expectations anchored while real yields have risen makes the 5-7 year part of the Treasury curve extremely attractive from a valuation standpoint, whereas the 30-year remains risky and should be avoided due to term premium and deficit concerns.
Vishal Khanduja
Со-глава отдела инструментов с фиксированной доходностью, Morgan Stanley Investment Management
94:09
Buy 5-7yr Ts, avoid 30yr.
A hawkish Fed that keeps inflation expectations anchored while real yields have risen makes the 5-7 year part of the Treasury curve extremely attractive from a valuation standpoint, whereas the 30-year remains risky and should be avoided due to term premium and deficit concerns.
Prefer NVDA, avoid AMD.
Nvidia is the dominant AI chip player with faster expected growth and better positioning, while AMD needs to prove that AI spending will continue well beyond 2027 to justify its current valuation; thus Nvidia is a buy and AMD should be avoided at current levels.
This Bloomberg Markets video, published August 04, 2026,
features Cameron Dawson, Lisa Abramowicz, Angelo Zino, David Lebovitz, Steven Schork, Paul Golding, Vishal Khanduja, Paul Meeks
discussing MAGS, 000660.KS, 005930.KS, AMD, HYG, CVX, XOM, SPCX, 5-7 year Treasury bonds, 30-year Treasury bonds, NVDA.
9 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Cameron Dawson,
Lisa Abramowicz,
Angelo Zino,
David Lebovitz,
Steven Schork,
Paul Golding,
Vishal Khanduja,
Paul Meeks
· Tickers:
MAGS,
000660.KS,
005930.KS,
AMD,
HYG,
CVX,
XOM,
SPCX,
5-7 year Treasury bonds,
30-year Treasury bonds,
NVDA
