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ASML Sells ‘Lego’ Model, France’s Bayrou Wants Deficit Deal | The Opening Trade: 12/24

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ASML, the Dutch maker of the world’s most advanced chipmaking machines, is selling ‘Lego’ replicas of its most prized product to employees. French Prime Minister Francois Bayrou is aiming to reach an agreement with parliament on a 2025 budget that would reduce the country’s deficit to close to 5%, near the level his predecessor unsuccessfully tried to reach.
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The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade
00:01:43 – The agenda
00:04:59 – Japan’s Kato: Seeing one-sided FX moves
00:15:10 – France names Eric Lombard as new Finance Minister
00:18:13 – Sylvain Broyer, S&P Global Ratings Chief Economist
00:25:05 – Olivia Ferdi, Trip Drink Co-founder
00:32:27 – Restaurant trends coming to tables in 2025
00:39:36 – Markets in 3 Minutes
00:42:57 – Stocks to watch
00:48:11 – European markets open
00:50:30 – Ben Gutteridge, Invesco Investment Director
00:59:46 – Tuesday movers
01:07:59 – Jean-Paul Van Oudheusden, Etoro UK Market Analyst
01:13:23 – “Dark Fleet” used to move sanctioned oil
01:28:27 – China mills record $411B special bonds: Report
01:33:09 – What Elon Musk wants from Trump
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US Stocks Close Higher on Chip Rally | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
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Bloomberg Surveillance 8/5/2026

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day.

Chapters:
00:00 Tech Rally, Hormuz Talks & SpaceX Selloff
03:57 Markets Are Leading the Fed — Noel Dixon, State Street
17:09 Hormuz Talks Leave Major Risks Unresolved — Lt. Gen. Karen Gibson (Ret.), Academy Securities
34:10 CapEx Is the Only Way to Musk’s SpaceX AI Vision — Dan Ives, Wedbush Securities
41:52 Hyperscaler Bonds Beat 30-Year Treasuries — Ashok Bhatia, Neuberger Berman
53:12 Can Tech Earnings Keep Growing? — Alicia Levine, BNY Wealth
1:06:18 Washington Can’t Ignore the AI Buildout — Ariana Salvatore, Morgan Stanley
1:18:31 Hyperscalers Can Handle More Debt — Bryan Whalen, TCW
1:31:39 30-Year Treasuries Aren’t Attractive Yet — Collin Martin, Schwab Center for Financial Research
1:40:20 This Still Feels Like a ‘Hated Rally’ — Monica DiCenso, JPMorgan Private Bank
1:50:04 US Companies Added Fewer Jobs Than Expected in July — Michael McKee
1:51:44 Inflation Is Closer to Target Than It Looks — Andrew Hollenhorst, Citi Research
2:00:50 US Treasury Keeps Debt-Sale Guidance Steady — Michael McKee
2:04:45 Real Yields Are Starting to Reward Investors — Nisha Patel, Parametric
2:17:07 Breakevens Signal an Inflation Warning — Noah Weisberger, BCA Research
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Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV.

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Barnes & Noble CEO on Strategy, Book Sales and Possible IPO

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Barnes & Noble CEO James Daunt discusses the company’s strategy, demand for physical books and the potential for an initial public offering with Romaine Bostick and Emily Graffeo on “Bloomberg The Close.”
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Intel Shares Surge After Revenue Shatters Estimates

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Intel Corp. surged in late trading after the chipmaker’s revenue forecast shattered estimates, indicating that booming data center spending is helping fuel a long-awaited turnaround. Bloomberg’s Ed Ludlow spoke to CEO Lip-Bu Tan who said demand is outpacing the current supply. Ed recaps his conversation and has more on “Bloomberg The Close.”
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Palantir’s Karp Calls 2Q Sales ‘Otherworldly, Staggering’

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Palantir Chief Executive Officer Alex Karp said US commercial sales in the second quarter were “staggering” and “otherworldly.” Sales rose by 149% and the company boosted its full-year revenue outlook. Bloomberg’s Neil Campling reports.
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