Aug 17, 2026 · 8 min
AI stocks climb as Treasuries sell off
Closing Bell: Chip Stocks Rise, SpaceX Gains, EyePoint Sinks
The episode links a market rally in AI-related shares with a sharp bond-market reversal and a high-stakes clinical failure.
- 1Sandisk leads major U.S. indexes higher as new Anthropic financial information strengthens AI-linked stocks.
- 2EyePoint plunges after its late-stage wet age-related macular degeneration treatment misses its primary trial goal.
- 3Treasury selling pushes long-term yields higher, while a separate segment examines AI-enabled urban planning.
Don't miss
The 30-year Treasury yield reaches its highest level since 2007 as long-term bonds sell off.
The brief
Sandisk leads gainers in the S&P 500 and Nasdaq 100 as new information about Anthropic’s financials reinforces momentum across AI-linked stocks.
EyePoint becomes the day’s sharp counterpoint: its shares plunge after an experimental wet age-related macular degeneration treatment misses its late-stage trial goal.
The bond market delivers a broader warning, with Treasuries selling off and the 30-year yield reaching its highest level since 2007.
Isabelle Lee and Scarlet Fu provide the market-mover readout, while Carol Massar and Tim Stenebeck anchor Bloomberg’s closing report.
The episode closes by turning from markets to cities, asking how AI and long-term planning can help infrastructure keep pace with rapid urbanization.
What was said on this episode
8 statements · 7 positive · 1 negative
SanDisk is a top-performing S&P 500 stock by a wide margin this year.
“Sandisk continuing to be really a high flyer this year. It is a top-performing name. by a wide margin in the S&P 500.”
Listen at 1:50
More than a dozen family offices held at least $3.8 billion in SpaceX.
“more than a dozen family offices holding a total of at least $3.8 billion in SpaceX through the first half of 2026”
Listen at 2:14
Harvard held approximately $2.2 billion, or nearly 13 million shares, of SpaceX.
“Harvard, too. a big stake, some 2.2 billion or nearly 13 million shares.”
Listen at 2:23
Risks are increasingly tilted toward persistent inflation.
“the balance of risk seems increasingly tilted towards inflation, persistent inflation.”
Listen at 5:29
AI will accelerate processes in smart-city systems.
“AI will allow in the smart city space to compress a lot of things. the speed will change.”
Listen at 6:21
Dubai learned substantially from its sudden population increase.
“I think Dubai has learned a lot from a sudden increase in population”
Listen at 6:40
Dubai responded effectively to its sudden population increase.
“they reacted very well to it.”
Listen at 6:47
Dubai has a long-term urban-planning vision.
“They have a long-term urban planning vision”
Listen at 6:49
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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