Nvidia Reports as SpaceX & OpenAI IPOs Gain Steam
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 21 May 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
The latest in finance, economics and investment.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyThursday, May 21, 2026
Featuring:
1) Frank Lee, Global Head of Tech Hardware and Semiconductor Research at HSBC, joins to break down the Nvidia blowout and why there's some investor skepticism, as well as how the report is playing out amid two major tech IPOs.
2) Vishal Khanduja, Head of Broad Markets Fixed Income at Morgan Stanley Investment Management, discusses the ripple effects of recent bond market moves and whether MSIM is starting to price in rate hikes.
3) Lakshman Achuthan, COO and co-founder at ECRI, discusses why he felt inflation cycle was beginning an upward trend pre-Iran war and why he anticipates it will continue.
4) Ivan Feinseth, CIO at Tigress Financial, breaks down Nvidia earnings, how SpaceX/OpenAI IPOs can drive S&P and tech, and why he has one of the highest S&P targets on Wall Street.
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Transcript
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| 1:20.8 | Okay, two hour conversation, frankly. Got Mandy coming in a moment. Frankly is with HSBC. |
| 1:31.2 | Frank, what did the invidia earnings say to microsoft what did they tell apple what did they tell amazon i i think the key messaging is |
| 1:39.8 | that nvita needs to uh yeah change up their narrative a bit. |
| 1:45.0 | I think what they did here, this quarter was quite interesting, |
| 1:49.0 | is how they reclassified their data center revenues. |
| 1:52.0 | They broke it down between the hyperscalers and the non-hyperscalers. |
| 1:56.0 | And I think this is what investors ultimately want to see is, |
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