10AM Hour: Wall St. Legend Leon Cooperman, Memory Stocks Bounce Back, OpenAI’s Talent Exodus 8/14/26
Squawk on the Street
- Published
- August 14, 2026
- Duration
- 43:31
- Summary source
- description
- Last updated
- Aug 14, 2026
Discusses openai, investing.
Summary
Omega Family Office Chairman and CEO Leon Cooperman joins Squawk on the Street to discuss where he sees value with stocks near record highs—and whether the AI trade is becoming a bubble. Plus, a talent exodus at OpenAI raises fresh questions ahead of a potential IPO as new reports shed light on the company’s financials. And memory stocks rebound, helped b…
Markets at all-time highs, but Lee Cooperman sees euphoria warning signs; plus OpenAI's C-suite exodus, memory stock surge, Disney CEO at D23, and space insurance as the next frontier.
Key takeaways
- Memory stocks (Micron, SanDisk) are seen as multi-year AI infrastructure plays with consensus earnings estimates still too low, supported by $94B in signed contracts and NAND market projected to quadruple to $300B+.
- OpenAI's C-suite instability—five major departures in six months including Chief Revenue Officer Denise Dresser—raises governance red flags ahead of a confidential IPO filing, even as ARR reportedly hits ~$40B.
- Veteran investor Leon Cooperman warns of market euphoria, expects a recession in the coming year that could pressure S&P 500 earnings estimates of ~$400, while remaining selectively bullish on value names like Vertiv, Energy Transfer, and Rocket Mortgage.
Why this matters
For B2B investors and enterprise technology buyers, the convergence of AI-driven semiconductor supercycles, hyperscaler capex sustainability, and leadership volatility at frontier AI firms like OpenAI are the defining risk and opportunity vectors shaping capital allocation decisions through the end of the decade.
Entities
Related reports
- 11AM Hour: CoreWeave & Tapestry CEOs on Earnings & Rick Caruso on Reopening Palisades Village 8/13/26
Squawk on the Street
- 10AM Hour: Databricks CEO on New Funding Round & IPO Timeline, Bullish CEO Tom Farley, Shippers Detail Hormuz Disruption 8/13/26
Squawk on the Street
- 10AM Hour: Bob Iger, Josh Kushner to Buy Lakers, Goldman’s First Reaction to CPI, Lumentum CEO on Earnings 8/12/26
Squawk on the Street
Intelligent Report▼
Intelligent Report
10AM Hour: Wall St. Legend Leon Cooperman, Memory Stocks Bounce Back, OpenAI’s Talent Exodus 8/14/26
Squawk on the Street
August 14, 2026
Report loads when you expand this section (one request).
Show notes
Omega Family Office Chairman and CEO Leon Cooperman joins Squawk on the Street to discuss where he sees value with stocks near record highs—and whether the AI trade is becoming a bubble. Plus, a talent exodus at OpenAI raises fresh questions ahead of a potential IPO as new reports shed light on the company’s financials. And memory stocks rebound, helped by a rally in SanDisk. The CEO laying out the company’s strategy to CNBC. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz compa
Themes
- openai
- investing