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TeraWulf CEO Excited About Anthropic Data Center Agreement

TeraWulf CEO Paul Prager says a new 20-year lease agreement with Anthropic is a major vote of confidence in the company's AI infrastructure strategy. Speaking on "Bloomberg The Close," Prager also discusses plans for a purpose-built AI campus at TeraWulf's Kentucky site and what the long-term partnership means for future growth.

Read more: TeraWulf CEO Excited About Anthropic Data Center Agreement
Bloomberg

MidEast Still A 'Highly Uncertain Environment' for Oil, Says Daan Struyven

Daan Struyven, co-head of global commodities research at Goldman Sachs, said that despite a cease fire between the US and Iran and oil tankers moving through the Strait of Hormuz, the risks around oil remain 'very, very significant.' Struyven said that oil import weakness in China is not sustainable and the country will aim to restock their oil supply, as well as turn to other sources of energy in the wake of recent energy supply shock.

Read more: MidEast Still A 'Highly Uncertain Environment' for Oil, Says Daan Struyven
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US Debt, Global Fiscal Ratios Still Concerning, Says Citi's DeQuadros

Conrad DeQuadros, Citi Wealth head of economics, said that the level of US debt and questions around fiscal ratios across the globe are still a point of concern for economists even as the economy is in good shape. DeQuadros said that questions the amount of room the deficit has a stabilizing force given a potential economic downturn.

Read more: US Debt, Global Fiscal Ratios Still Concerning, Says Citi's DeQuadros
Bloomberg

Strategy Sells $216M of Bitcoin as It Begins Overhaul

Lyn Alden, founder strategist at Lyn Alden Investment Strategy, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss Michael Saylor's Strategy, which sold $216 million of Bitcoin last week, marking the first major step in the financing overhaul the company unveiled in recent days after a prolonged slump in the cryptocurrency and its own shares.

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Bloomberg

Trump's Been Successful in Talking Down The 'Oil Markets' Says Kloza

Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, pointing to continued risks to vessels in the critical waterway. Tom Kloza, Chief Energy Advisor for Gulf Oil joins to discuss this as well as how the oil markets are reacting to the recent uptick in attacks in the Strait of Hormuz.

Read more: Trump's Been Successful in Talking Down The 'Oil Markets' Says Kloza