Iran, US Harden Positions; eToro Crypto Revenue Misses | Bloomberg Businessweek Daily 8/11/2026

Watch on YouTube ↗  |  August 11, 2026 at 20:32  |  48:54  |  Bloomberg Markets
Speakers
Yoni Assia — CEO, eToro
Aaron — Global Alternative Strategist, JPMorgan Asset Management
Vice President of Americas — Vice President of Americas, Wärtsilä
Josh Wingrove — White House Reporter, Bloomberg

Summary

The episode covers conflicting signals on US-Iran negotiations over the Strait of Hormuz, eToro's earnings miss and acquisition of TradeZero, and the evolving AI infrastructure landscape. JPMorgan's alternative strategist highlights opportunities in commercial real estate, shipping, and power infrastructure. The CEO of eToro makes a bullish call on Bitcoin, while a Wärtsilä executive pitches the company's flexible engine technology as a key enabler for data center power. Markets are cautious ahead of the CPI report, with oil and energy stocks rising.

  • US and Iran give conflicting statements on Strait of Hormuz, stoking oil price uncertainty.
  • eToro misses crypto revenue estimates, acquires TradeZero, and launches AI agent tools.
  • eToro CEO believes Bitcoin as digital gold will surpass prior all-time highs.
  • JPMorgan's Aaron likes commercial real estate and sees shipping companies benefiting from geopolitical tightness.
  • He also argues the power/electrification layer offers diversified exposure to AI demand.
  • Wärtsilä's Americas VP positions the company's reciprocating engines as a critical winner in AI data center power.
  • NVIDIA's $500B alternative asset financing sends Apollo Global stock higher.
  • Markets trade lower ahead of CPI, with energy and utilities as bright spots.
Ideas
Aaron Global Alternative Strategist, JPMorgan Asset Management 15:24
Commercial real estate offers attractive returns
Commercial real estate is attractive right now; private fund managers have discretion to avoid data center exposure and can select parts of the market that offer strong returns without relying on the AI theme.
XLRE MED
Aaron Global Alternative Strategist, JPMorgan Asset Management 16:27
Power infrastructure benefits from AI demand
The electricity layer of data center buildout is a strong theme: power demand will grow to 12-13% of total U.S. supply, electricity prices are set to increase, and additional drivers like EVs and grid replacement provide diversification beyond AI. Private infrastructure funds benefit.
Power Infrastructure / Electricity Generation MED
Aaron Global Alternative Strategist, JPMorgan Asset Management 17:27
Shipping stocks benefit from tight capacity
Shipping and transportation companies are benefiting from geopolitical disruptions; with less than 2% of the global fleet idle, tight capacity leads to sustained high transportation costs, and recurring geopolitical issues make this a durable tailwind.
SEA MED
Yoni Assia CEO, eToro 30:42
Bitcoin to exceed all-time highs
Bitcoin is digital gold and will go way beyond its all-time highs from October, driven by the four-year crypto cycle; the speaker is a very strong believer despite possible time for adoption.
BTC MED
Vice President of Americas Vice President of Americas, Wärtsilä 35:32
Wärtsilä engines win from data center buildout
Wärtsilä's modular reciprocating engines are a 'Swiss Army knife' for data center power, replacing gas turbines with better technical flexibility, no water use, and faster deployment. As data centers race to secure power, companies that combine power and data expertise will win, making Wärtsilä a direct beneficiary.
WRT1V.HE HIGH
Up Next
9:56
AI Infrastructure Boom Drives Market Movers | Closing Bell
Bloomberg Markets · Aug 11
1:39
Diverging Agricultural Markets Pose Challenges for Investors  | Presented by CME Group
Bloomberg Markets · Aug 11
7:40
all celebrities should bark like drake
Thread Guy · Aug 11
34:34
How Spark Dodged the KelpDAO Hack While the Rest of DeFi Got Hit
Unchained (Chopping Block) · Aug 11
3:09
MCC Global Enterprises CEO Michelle Caruso Cabrera on Trump’s next moves in Iran
CNBC · Aug 11

This Bloomberg Markets video, published August 11, 2026, features Aaron, Yoni Assia, Vice President of Americas discussing XLRE, Power Infrastructure / Electricity Generation, SEA, BTC, WRT1V.HE. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Aaron, Yoni Assia, Vice President of Americas  · Tickers: XLRE, Power Infrastructure / Electricity Generation, SEA, BTC, WRT1V.HE