Stocks Fall as Oil Rally Keeps a Lid on Treasuries

Bloomberg Television6 hours ago48:55

A resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the Federal Reserve decision on interest rates. Brent crude topped $116 as a flare-up in Middle East violence threatened global supplies. The S&P 500 saw back-to-back losses. That’s even as selling pressure on tech firms abated. A gauge of chipmakers rebounded, while still heading toward its longest weekly slide since November. Treasury yields rose after the market’s best day in more than a year. Joe Weisenthal, Bloomberg ‘Odd Lots’ Podcast Co-Host, joins to wrap up the week in markets ahead of the next Fed decision and more tech earnings. Then, Jayati Bharadwaj, Head of FX Strategy at TD Securities, weighs in on a rush to safe haven trades. Plus, Dina Bass, Bloomberg News AI Infrastructure Reporter joins to discuss her reporting on Blackstone's bet on chips driving a debt boom, and Jane Street's fight for AI power. Finally, Zscaler CEO Jay Chaudhry on internet security in light of new PHP vulnerabilities across the web. Chapters: 00:00:00 Bloomberg Businessweek Daily 00:02:35 Trump, Canada Tariffs & the Market 00:05:26 AI Spending, Demand & Growing Risks 00:08:09 Where Is the AI Productivity Payoff? 00:10:10 AI's Growing Importance to the U.S. Economy 00:12:58 Treasuries & the Safe Haven Trade 00:15:02 Global Markets Look Beyond U.S. Tech 00:16:56 Higher Rates, Commodities & the AI Trade 00:21:12 Is AI in a Bubble? 00:23:02 The $1 Trillion AI Debt Boom 00:25:29 AI Chips, Data Centers & Profitability 00:29:46 Jane Street's Race for AI Power 00:34:28 AI Creates New Cybersecurity Threats 00:37:06 PHP Vulnerabilities & Zero-Trust Security 00:42:32 Markets: Oil, Yields & Stocks 00:44:10 Stock Movers: Bloom Energy, GM & Cybersecurity -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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Stocks Fall as Oil Rally Keeps a Lid on Treasuries | PiQ Markets