Bloomberg This Weekend | Bill Cassidy Loses Primary Race, Trump Uses Taiwan as Negotiating Chip

Watch on YouTube ↗  |  May 17, 2026 at 16:39  |  2:25:34  |  Bloomberg Markets
Speakers
Ed Ludlow — Co-Host, Bloomberg Technology
Kevin Crowley — Bloomberg Senior U.S. Reporter

Summary

This episode of Bloomberg This Weekend covers political developments including Senator Bill Cassidy's primary loss, President Trump's trip to China and Taiwan arms deal negotiations, and market implications of rising oil prices due to the Iran war. Discussions also include NVIDIA earnings expectations, trade war strategies, and midterm election analysis. The show also features lighter segments on men's longevity trends and a dog science story.

  • Senator Bill Cassidy loses Louisiana Republican primary after voting to impeach Trump.
  • President Trump uses Taiwan arms deal as a negotiating chip with China.
  • Oil prices rise as Strait of Hormuz blockade continues with no resolution from Trump-Xi meeting.
  • NVIDIA earnings expected later this week; demand for AI chips remains strong but China uncertainty persists.
  • Soumaya Keynes discusses her book on winning a trade war and the shift away from rules-based order.
  • Midterm election primaries in Georgia, Kentucky, and Texas are analyzed.
  • Topic on men's longevity and health investments gains attention.
  • Light segment on whether owning a dog can help you live longer.
Trade Ideas
Kevin Crowley Bloomberg Senior U.S. Reporter 68:52
Oil prices to stay elevated due to Hormuz blockade
Oil prices are likely to stay elevated because the Strait of Hormuz blockade is ongoing, and President Trump's meeting with Xi Jinping yielded no tangible progress on Iran or China's oil purchases. Futures on the back end of the curve are creeping higher, indicating the market is pricing in a longer-term disruption.
BNO MED
Ed Ludlow Co-Host, Bloomberg Technology 91:28
NVIDIA demand strong but China risk remains
NVIDIA's demand for AI chips continues to outpace supply, which is a healthy position for the company. However, the uncertainty around China revenue (base case assumes zero) creates a risk. The stock has had an astonishing run recently, so the market is taking a breather ahead of earnings.
NVDA LOW
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This Bloomberg Markets video, published May 17, 2026, features Kevin Crowley, Ed Ludlow discussing BNO, NVDA. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kevin Crowley, Ed Ludlow  · Tickers: BNO, NVDA