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Novo Nordisk Loses Over $90B in Market Value After Profit Warning | Open Interest 7/29/2025

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Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on “Bloomberg Open Interest.” Union Pacific will buy Norfolk Southern in a deal that will transform the North American rail market. Novo Nordisk stocks plunge after the company slashed half of its expected revenue growth from low Wegovy sales, the company also picked a new CEO who will step into mounting pressure. Joe Kaiser, Mercato Partners CEO, says we are at the cusp of a boom in AI startups and small businesses.

Chapters:
00:00:00 – Open Interest Starts
00:01:50 – Novo Nordisk Lowers Outlook
00:06:13 – Union Pacific to Buy Norfolk Southern
00:24:40 – US Stocks Aim for 7th Day of Gains | Katerina Simonetti, Morgan Stanley Private Wealth Advisor and Senior Portfolio Manager
00:31:30 – TOP CALLS
00:32:23 – Boeing Stems Cash Outflow | Ronald Epstein, BofA Senior Aerospace & Defense Analyst
00:48:44 – CalPERS Leans Into Private Market | Marcie Frost, CalPERS CEO
01:02:20 – EU-US Rush to Clinch Final Trade Details | Elliot Hentov, Head of Macro Policy Research State Street
01:08:49 – Investor Opportunities in the AI Race | Joe Kaiser, Mercato Partners CEO
01:19:13 – ‘Precarious’ Trade Backdrop, Gourinchas | Pierre-Olivier Gourinchas, IMF Chief Economist
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What Drives Gold — Inflation or the Fed? | Presented by CME Group

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Gold is often seen as a hedge against inflation, but the metal’s momentum may depend less on inflation itself than on how the Fed responds. When Fed tightening pushes real yields higher, gold can come under pressure — even when inflation remains elevated. Presented by @cmegroup

https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

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Strive Is Buying Bitcoin Hand-Over-Fist, CEO Says

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Strive Inc. Chief Executive Officer Matt Cole says this is a great time to buy Bitcoin as the price keeps falling. He says their Bitcoin holdings are up to 20,000 from 5,000 last fall. He speaks on “Bloomberg Crypto.”
——–
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Micron Earnings Report Exceeds Expectations | 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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#US far ahead of #China in #AI race: #ASML CEO

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ASML CEO Christophe Fouquet tells Tom Mackenzie the AI ecosystem in the US is “extremely strong,” explaining how regulation plays a role in advancing technology development


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China’s iron giant take aim at world’s top miners

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The first shipment from Simandou is set to sail from Guinea to China.
The move could shift power dynamics in the global iron ore market. William Clowes has more https://t.co/DJzllP8ccG

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