Buzzberg Cup Live

Samsung Soars as Chip Stocks Slide | Open Interest 7/7/2026

Watch on YouTube ↗  |  July 07, 2026 at 17:52  |  1:33:10  |  Bloomberg Markets
Speakers
Dana D'Auria — Co-Chief Investment Officer, Envestnet
Racquel Oden — Head of Wealth and Personal Banking, HSBC
Jean Boivin — Executive, BlackRock
Ed Ludlow — Co-Host, Bloomberg Technology
Robert Schiffman — Credit Analyst, Bloomberg Intelligence
Vonnie Quinn — Anchor, Bloomberg

Summary

Chip stocks slide despite Samsung's record profits as investors demand more from the AI trade. SpaceX joins the Nasdaq 100 to bullish analyst coverage. Guests recommend small caps, Korean/Taiwan/Japanese equities, and private credit as AI beneficiaries.

  • Samsung record profits trigger a chip stock selloff amid sky-high expectations.
  • SpaceX joins the Nasdaq 100, with multiple analysts initiating coverage with buy ratings.
  • Tensions in the Strait of Hormuz push oil prices higher after a Qatari vessel is struck.
  • Dana D’Auria sees market broadening benefiting small caps (Russell 2000) as diversification pays off.
  • HSBC's Racquel Oden touts Korea, Taiwan, and Japan as global AI plays offering diversification.
  • BlackRock's Jean Boivin argues private credit has a structural tailwind from the AI infrastructure buildout.
  • Amazon raises $25 billion in bonds to fund AI spending, with credit markets supportive.
  • NATO allies sign $50 billion in defense deals as Europe boosts military spending.
Ideas
Dana D'Auria Co-Chief Investment Officer, Envestnet 25:47
Small caps benefit from market broadening.
The market is broadening out from the concentrated AI trade, and small caps are benefiting as investors diversify. The Russell 2000 and equal-weight S&P 500 are hitting records, helped by expectations that interest rates will stay low, which especially aids small caps with floating-rate debt. This broadening is a healthy sign and an opportunity for investors to capture gains outside mega-cap tech.
IWM MED
Racquel Oden Head of Wealth and Personal Banking, HSBC 53:02
Korea, Taiwan, Japan ride AI boom.
Global diversification is critical, and markets like Korea, Taiwan, and Japan are up strongly due to their leverage to tech and AI. These markets are driven by the same AI theme but offer diversification away from U.S. mega-caps. Korea is up 92%, Japan 39%, and they are benefiting from the global AI buildout.
EWY EWT EWJ MED
Jean Boivin Executive, BlackRock 58:04
Private credit tailwind from AI buildout.
The massive AI infrastructure buildout requires unprecedented investment, forcing the world to leverage up. Private credit is a big beneficiary with a structural tailwind, playing an even larger role in funding this transformation. The asset class is positioned for growth, and we like public and private credit with clear cash flows.
BIZD MED
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This Bloomberg Markets video, published July 07, 2026, features Dana D'Auria, Racquel Oden, Jean Boivin discussing IWM, EWY, EWT, EWJ, BIZD. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Dana D'Auria, Racquel Oden, Jean Boivin  · Tickers: IWM, EWY, EWT, EWJ, BIZD