FULL SHOW: Bloomberg Businessweek Daily 5/22/2026

Watch on YouTube ↗  |  May 22, 2026 at 20:48  |  49:14  |  Bloomberg Markets
Speakers
Nakul Duggal — Head of Automotive, Robotics and IoT Businesses, Qualcomm
Stuart Paul — Bloomberg Economist
Stew Leonard Jr. — President and CEO of Stew Leonard's

Summary

The video covers Kevin Warsh becoming the new Fed chair and the market's expectations of a rate hike, Qualcomm's expanded partnership with Stellantis to supply automotive AI technology, and the consumer affordability crunch as food and fuel prices remain high ahead of Memorial Day.

  • Kevin Warsh is sworn in as Fed chair, with traders betting the next move could be a rate hike due to persistent inflation.
  • Qualcomm's Nakul Duggal discusses the company's growing automotive business and a new Stellantis deal integrating Snapdragon tech across global brands.
  • Stew Leonard Jr. notes that consumers are feeling squeezed by higher food and fuel costs, with beef and fuel prices expected to ease in the future.
  • The S&P 500 is heading for its longest weekly winning streak since 2023 on hopes of a US-Iran peace deal.
  • Oil prices remain elevated near $96 a barrel as traders assess geopolitical risks.
  • Uber shares fall on news of a potential takeover of Delivery Hero, while IMAX jumps on buyout speculation.
Trade Ideas
Nakul Duggal Head of Automotive, Robotics and IoT Businesses, Qualcomm 22:24
Qualcomm automotive growth accelerating via Stellantis deal
Qualcomm's automotive business has been growing rapidly, with annualized revenue reaching $6 billion and growing 8x over six years. The expanded Stellantis partnership, deploying Snapdragon Digital Chassis across all brands outside China starting model year 2028, will further accelerate growth as automakers embrace AI and self-driving technology. Revenue is growing at 25%+ and similar trajectories are expected to continue.
QCOM HIGH
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This Bloomberg Markets video, published May 22, 2026, features Nakul Duggal discussing QCOM. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Nakul Duggal  · Tickers: QCOM