Chip Stocks Tumble on AI Anxiety | The Close 7/7/2026

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Cboe Global Markets VP, Head of Derivatives Market Intelligence Mandy Xu, TeraWulf Chairman & CEO Paul Prager, CFRA Research Equity Research Analyst Keith Snyder, Former NATO Ambassador Kay Bailey Hutchison, JPMorgan Asset Management Global Market Strategist Jordan Jackson, Bernstein Research US Semiconductors Senior Analyst Stacy Rasgon, American Century Investments CEO Jonathan Thomas, Neuberger Private Markets Global Head Tony Tutrone, & Spring Health CEO & Co-Founder April Koh. Chapters: 00:00:00 Bloomberg The Close 00:03:26 Nasdaq Volatility and Options Market Outlook 00:09:00 TeraWulf CEO on Anthropic, AI Data Centers & Growth 00:16:22 Top Calls 00:17:40 SpaceX Valuation Debate: Bull vs. Bear Case 00:22:32 NATO Summit: Defense Spending & Global Security 00:31:30 Stock of the Hour: Fiserv and the Debit Network Battle 00:36:15 J.P. Morgan on Earnings Season, AI & Market Leadership 00:43:12 Closing Bell 00:46:25 Cognizant, Fiserv & Agios Lead the Gainers 00:48:35 Intel, Rivian & SpaceX Lead the Losers 00:55:20 Stacy Rasgon on AI Demand, Memory Chips & the Semiconductor Cycle 01:06:35 American Century on Diversification & Market Rotation 01:15:08 Private Credit: Defaults, Software Risk & M&A Outlook 01:21:55 AI's Growing Role in Mental Health Care 01:26:55 What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts