Business
Nasdaq Correction Exposes AI Divide | Open Interest 3/27/2026
Get a jump start on the US trading day with Dani Burger on “Bloomberg Open Interest.” Strikes escalate across the Middle East as President Trump gives Iran 10 days to strike a deal or face more attacks. Markets react fast — the Nasdaq 100 falls into correction territory as cracks form in the AI trade. And private credit faces a real-time stress test, with Oaktree standing firm on withdrawals. Morgan Stanley’s Vishy Tirupattur breaks down the risks and why the system may hold. Plus, economists unpack how the Iran conflict could reshape global growth, and why the energy crisis may accelerate the push toward nuclear power.
Chapters:
00:00:00 – Open Interest
00:02:26 – Trump: Iran Begging to Work out a Deal
00:05:29 – Cybersecurity Stocks Fall on Report of New Anthropic Model
00:08:46 – Oaktree to Meet Private Credit Fund Redemptions in Full
00:12:20 – Marko Papic BCA Research | Four Scenarios for Iran
00:25:26 – Stock to Watch | Crowdstrike, Palo Alto, Cloudflare
00:26:06 – Sarah Hunt Alpine Saxon Woods | Carnival 1Q Adjusted EPS Beats Estimates
00:36:12 – Top Calls | Argan, Knight Transportation, Trip Advisor
00:37:37 – Carnival Flags Weak Outlook
00:42:31 – Investors Rip $11 Billion from Commodity ETFS
00:46:50 – Breaking News | Iran Media Says Steel Plants Hit in US-Israel Strikes
00:53:24 – Michael Kantrowitz Piper Sandler | Cross-Asset Drop Pushes Nasdaq 100 to Correction
00:58:32 – High Interest | Airport Chaos, Blue Owl, Oak Tree
01:00:08 – Vishy Tirupattur Morgan Stanley | Morgan Stanley Sees Private Cred Dafault Rates at 8%
01:07:54 – Eric Ledieu Infiniti Americas | Infiniti Comeback
01:17:25 – Rachel Bronson Lester Crown Nonresident | Crude Continues Climb on Middle East Uncertainty
01:24:25 – Trading Diary | Fed’s Williams Speaks, Nike, US Retail, Trade Balance, US Payrolls
01:26:03 – Senate Advance DHS Funding Deal
——–
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Business
Goldman Goes Quiet on Women Partner Promotions
Goldman Sachs Group’s announcement of new partners Thursday boasted that 28% started as interns and that new members typically took 17 years to get there. But it was silent on how many are women. Todd Gillespie reports on “Bloomberg Open Interest.”
——–
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Business
Inside Alaska’s Oil Paradox
Oil prices have surged across the United States as a result of the ongoing war in Iran. This means higher costs for households in most states, but in Alaska, the state government is bringing in new revenue from its high oil production to offset those higher costs. Some of the revenue is then redistributed to Alaskans through the state’s unique sovereign wealth fund. While most Americans disapprove of the war in Iran, Alaska may emerge as a quiet winner from one of the conflict’s most painful economic side effects: higher oil prices.
——–
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Business
AI Spending Fears Hammer Big Tech Stocks
Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible.
——–
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Business
Democratic Sweep, Markets Rally & AI Stocks Slide
The Close 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 Morgan Stanley Wealth Management Executive Director, Head of Policy & Geopolitical Strategy Monica Guerra, American Action Forum President Douglas Holtz-Eakin, Baird Senior Equity Research Analyst Michael Ha, JC2 Ventures Founder & CEO John Chambers, Scotts Miracle-Gro President & CEO Nate Baxter, Cantor Fitzgerald Asset Management Chief Market Strategist Eric Johnston, CFRA Research Senior VP & Equity Analyst Angelo Zino, 248 Ventures Chief Investment Strategist Lindsey Bell, Future Standard CEO Edwin Conway, & Host Hotels & Resorts CEO & President Jim Risoleo.
Chapters;
00:00:00 Bloomberg The Close
00:02:32 Morgan Stanley on Midterms, Markets & Gridlock
00:09:54 Democratic Congress, Deficits & the Fed
00:16:34 Top Calls
00:17:48 CVS Breakup, Pharmacy Spin-Off & Health-Care Strategy
00:22:34 Former Cisco CEO John Chambers on the AI Boom
00:27:22 AI Data Centers, Semiconductors & Regulation
00:32:22 ScottsMiracle-Gro CEO on Earnings & 2027 Growth
00:38:33 Post-Election Market Rotation & the AI Trade
00:40:01 Cantor Fitzgerald on Stocks, Rates & Market Broadening
00:46:23 The Closing Bell
00:48:44 Qualcomm, Expedia & Arm Report Earnings
00:54:17 Qualcomm, Arm & the Shift Away From Smartphones
00:58:22 Market Recap: Big Tech Rallies as Chip Stocks Slide
01:00:42 CFRA on Qualcomm, Arm & the Semiconductor Outlook
01:07:12 Chip Stocks, AI Growth & Post-Election Policy
01:11:50 Democratic Sweep, Affordability & the New Congress
01:15:23 Future Standard CEO on Private Markets & AI Investing
01:20:01 Private Credit, Retirement & Portfolio Diversification
01:25:19 Host Hotels CEO on Luxury Travel & Acquisitions
01:30:29 Business Travel, Affluent Consumers & 2027 Outlook
01:32:13 What to Watch
——–
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Business
India’s Green Aviation Push Gives Waste Cooking Oil New Life
India is looking to used cooking oil to help fuel its green aviation ambition and reduce reliance on imported crude. But an inefficient and fragmented supply chain could pose a challenge as the country prepares to introduce its Sustainable Aviation Fuel mandate.
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