Stocks Rise Ahead of More Data; US Hits China with 100% Tariffs on Drones | Bloomberg Brief 08/14/26
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US equity futures waver after stocks notched a fresh record high ahead of retail sales and consumer sentiment data. Oil climbs as Treasury Secretary Scott Bessent says the US will announce unprecedented plans for Iran's "economic isolation" next week. The Trump administration imposes levies of as much as 100% on imported drones and components, further decoupling from drone supply chains with China. OpenAI is said to be on track to generate annualized revenue of more than $40 billion. Stephanie Guild, CIO of Robinhood, looks ahead to more data following the latest signs of cooling inflation. Chapters: 00:00:00 - Bloomberg Brief Begins, Top Stories & Global Markets 00:01:03 - Global Market Check: Asia Markets: Stocks Rally, Korea Leads Gains 00:02:24 - Europe Markets: Stocks, Dollar & Bond Yields 00:03:42 - US Markets: Record Highs & Treasury Yields 00:05:00 - OpenAI Revenue Surges Ahead of Potential IPO, Chinese AI Models Challenge OpenAI & Anthropic 00:09:10 - Trump Administra
Tags: Applied Materials, Donald Trump, Geopolitics, Guy Johnson, Japanese yen, Justina Lee, Matthew Bloxham, OpenAI, Robinhood Markets Inc, Rosalind Chin, Simon Hampton, Skylar Montgomery Koning, Stephanie Guild, Stock Market News, Stock Market Outlook, Winnie Hsu, Yields, Z.ai, artificial intelligence, drones
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