Trump Threatens More Iran Strikes | Open Interest 7/8/2026
Спикеры
Ann Berry
— Основатель, Threadneedle Ventures
Ed Ludlow
— Соведущий, Bloomberg Technology
Julia Hermann
— Global Market Strategist at New York Life Investment Management
Dani Burger
— Ведущий, Bloomberg Television
Vonnie Quinn
— Ведущий, Bloomberg
Markets fall and oil spikes after President Trump declares the Iran ceasefire over and threatens more strikes, including potential reimposition of a Strait of Hormuz blockade. The AI trade faces renewed pressure with rotation out of memory chipmakers, while guests highlight opportunities in energy, defense, financials, and semiconductor plays like SK Hynix and NVIDIA. The IMF leaves global growth forecasts largely unchanged, seeing an AI boom offsetting the war shock, though downside risks remain elevated.
- Trump declares Iran ceasefire over, threatens more strikes and possible Hormuz blockade.
- Oil jumps over 7% but remains below $80; energy stocks outperform.
- AI trade under pressure: rotation from memory stocks and hyperscalers to broader market.
- Ann Berry favors SK Hynix on valuation discount and HBM dominance, and is long energy, defense, and SpaceX.
- Ed Ludlow flags NVIDIA as cheap and notes SK Hynix's market position.
- Julia Hermann sees opportunity in financials and European financials due to strong cash and valuations.
- IMF holds global growth forecast steady, highlighting resilience in commodity markets but high downside risks from conflict and AI correction.
- NATO summit dominated by Iran conflict despite planned focus on defense spending and Ukraine.
Идеи
NVIDIA looks cheap now.
NVIDIA is currently cheap from a valuation perspective, as highlighted in a Bloomberg story.
Valuation discount and HBM dominance.
SK Hynix trades at a forward multiple discount to its peers, with some peers at double the valuation, while it holds 57% of the high-bandwidth memory market. The upcoming offering creates an opportunity to participate in the AI memory story, and she is happy to do so.
Satellite demand insatiable after cable paused.
The Strait of Hormuz conflict has paused a major fiber-optic cable program, making satellite connectivity a crucial alternative. Demand for satellite communication is insatiable, and she participated in the SpaceX IPO.
Prolonged conflict lifts oil and energy.
The Middle East conflict will be prolonged, driving sustained higher oil prices, which benefits energy stocks. She bought Chevron and Phillips 66 and continues to hold them.
Defense M&A wave and spending surge.
Defense spending is a long-lasting opportunity amid geopolitical tensions; she has added defense exposure and will continue to add, citing the Lockheed Martin deal as evidence of a coming M&A wave.
Cybersecurity stocks offer good value.
Amid uncertainty about which software AI names will survive, cybersecurity stocks continue to be pretty good value.
Financials strong cash and buybacks.
Financials have seen market pricing fall, yet they are a high-quality sector with strong cash positions, dividend increases, and expanded buyback programs after the Fed stress test. This creates an opportunity.
European financials have compelling valuations.
European financials have been strong and offer a more compelling valuation backdrop; geopolitical stress should not cause a complete reallocation away from them.
Далее
This Bloomberg Markets video, published July 08, 2026, features Ed Ludlow, Ann Berry, Julia Hermann discussing NVDA, 000660.KS, SPCX, CVX, PSX, LMT, CIBR, XLF, European financials. 8 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Ed Ludlow, Ann Berry, Julia Hermann · Tickers: NVDA, 000660.KS, SPCX, CVX, PSX, LMT, CIBR, XLF, European financials