Bob Sloan and Charlie Gasparino of Fox Business and the New York Post cover the headlines and data moving markets.
This week: short sellers are covering the hyperscalers and pressing everything else. Bob walks through why short interest in the Nasdaq 100 keeps falling as the index rises while the Russell 2000 gets shorted harder, why Oracle has turned into a battleground stock with shorts and active managers both adding, and how the AI buildout trade turned in June with ten of the twelve buildout groups now lower.
Plus Charlie on Bessent's bond market intervention flopping as the ten year sits at 5.3%, prediction markets booming their way toward a Supreme Court fight with the state AGs, and why the attacks on David Zaslav's payday from the Skydance deal miss how much money that sale made for everyone else at Warner Bros.
Chapters:0:00 Intro
0:44 Bessent's bond market intervention and the bond vigilantes
3:20 A 5.3% ten year and a generation that never saw rates rise
7:04 Prediction markets boom, and the state AGs circling
9:30 Warner Bros goes to Skydance, and Zaslav's billion
12:04 The part of the payday nobody wants to talk about
16:00 Bezos, Blue Origin and a crowded IPO calendar
21:45 Nasdaq 100 vs Russell 2000, shorts cover the winners
24:30 The wake behind the hyperscalers, and Oracle as a battleground
26:16 Energy, oil and gas works while the supply chain gets shorted
28:19 The AI buildout becomes a midterm issue
30:40 Smart money sours on Republican odds
33:20 Do the polls overstate Democrats?
36:30 Senate math and a Speaker Jeffries problem
38:55 What a House flip would do to the hyperscaler trade
43:00 Wrap
Hosted by Bob Sloan, founder & managing partner of S3 Partners, and Charlie Gasparino of Fox Business and the New York Post.
Follow:Bob Sloan: https://x.com/BobSloanS3Charlie Gasparino: https://x.com/CGasparinoS3 Partners: https://x.com/S3Partners
Nothing in this episode should be considered investment advice.
