AI Boom Takes a Breather as Nvidia Signals Slowing Growth | Open Interest 8/28/2025

From Bloomberg Markets and Finance.

Get a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." Nvidia reports a tepid revenue forecast, but Wall Street remains bullish. Fed Governor Lisa Cook files a lawsuit challenging President Trump’s attempt to fire her, kicking off a historic fight. Meanwhile, the US economy expanded in the second quarter thanks to a pickup in business investment. Raymond James CIO Larry Adam says he’s expecting a five to ten percent pullback in markets over the next few months. And Winston Ma of the Global Public Investment Funds Forum says President Trump is putting together a sovereign wealth fund that draws capital from unconventional avenues.

Chapters:
00:00:00 – Open Interest Starts
00:12:30 – HIGH INTEREST
00:13:37 – Fed’s Lisa Cook Sues President Trump Over His Move to Oust Her
00:17:07 – Rakesh: Bullish on Nvidia | Vijay Rakesh, Mizuho Securities Senior Analyst
00:26:43 – Muted Market Outlook to Nvidia Outlook | Mary Ann Bartels, Sanctuary Wealth Chief Investment Strategist
00:35:20 – TOP CALLS
00:42:18 – Best Buy’s Outlook Clouded by Tariffs
00:53:03 – Nvidia Forecasts Decelerating Growth | Larry Adam, Raymond James Chief Investment Officer
01:00:03 – Ma: US Pursuing Unconventional Sovereign Wealth Fund | Winston Ma, Global Public Investment Funds Forum Executive Director
01:08:27 – Kaiser: US Needs Intel for National Security | Joe Kaiser, Mercato Partners CEO
01:17:59 – Hedge Funds Short VIX By Most Since 2022 | Mandy Xu, CBOE Global Markets Head of Derivatives Market Intelligence
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